Oil advertising corporations have elevated the speed of 19 kg industrial LPG gasoline cylinders by ₹39, efficient from Sunday. After the hike, the retail gross sales value of a 19 kg industrial LPG cylinder in Delhi is ₹1,691.50. Additionally learn: Power and the political narrative Earlier on July 1, in a transfer to supply reduction … Read more
Bharat Petroleum Company (BPCL) is prone to report a greater set of numbers for This fall FY24 on a sequential foundation. Nonetheless, the oil advertising and marketing firm (OMC) could report a success on its income on a year-on-year (y-o-y) foundation because of weakening advertising and marketing margins and worth volatility, in keeping with analyts. … Read more
The Finance Ministry on Saturday stated that it has deferred its plan to spend ₹5,000 crore in FY24 to refill the strategic petroleum reserves. In a publish on X (previously Twitter), the Ministry stated that the Division of Expenditure has advisable that the proposal for filling crude oil be deferred, contemplating the rising traits in … Read more
The federal government might enable round 28 crore litres of ethanol any further to be produced from sugarcane juice (SCJ) as per the indicative revised allocation for SCJ and b-heavy molasses (BHM) launched by the Oil Advertising and marketing corporations (OMCs). As per the indicative allocation checklist, the OMCs have allotted 42.56 crore litres to … Read more