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Articles for Oil and Gas

Crude Oil Futures Rise On Spot Demand

Crude oil for the July delivery traded higher by Rs 11, or 0.2 per cent, to Rs 5,618 per barrel in 10,428 lots.

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Govt Removes Import Restrictions On Refined Palm Oil Till December

Domestic edible oil prices have more than doubled in the past year. India meets about two-thirds of its edible oil demand through imports.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the July delivery traded higher by Rs 10, or 0.18 per cent, at Rs 5,437 per barrel in 6,642 lots.

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Govt Issues Draft Notification On Ethanol Blending In Petrol

The newly manufactured gasoline vehicles fitted with spark ignition engine compatible to run on ethanol gasoline blends of E-12 and E-15 shall be type approved as per prevailing gasoline emission norms,'

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Rising Demand Lifts Refined Soya Oil Futures

Refined soya oil for July delivery moved up by Rs 21.5, or 1.79 per cent, to Rs 1,225 per 10 kg in 36,010 lots.

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Higher Petrol, Diesel Consumption Can Help Govt Cut Fuel Cess Without Impacting Revenues: ICRA

Petrol prices have breached over Rs 100 per litre in many places, and diesel prices are also closing in on the three-digit mark in some pockets, which has led to a wide clamour for reducing the cesses imposed on the fuels to benefit the end-consumer.

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ONGC Reports Rs 6,734 Cr Net Profit In Q4

Domestic gas price under the administered pricing mechanism - which are revised once every six months - was USD 1.79 per million British thermal unit in the January-March quarter, down from USD 3.23 a year back.

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Soybean Futures Slip-On Muted Demand

Soybean contracts for July delivery fell Rs 34, or 0.48 per cent, to Rs 7,000 per quintal with an open interest of 36,280 lots.

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Zinc Futures Up On Spot Demand

Zinc contracts for the June delivery rose Rs 1.10, or 0.47 per cent, to Rs 233.25 per kg in 743 lots.

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Soybean Futures Slip-On Muted Demand

Soybean contracts for July delivery fell Rs 9, or 0.13 per cent, to Rs 7,070 per quintal with an open interest of 37,110 lots.

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