Latest News for: Petrol trade


Reliance, Nayara face windfall profit tax on local supplies alongside exports

The Telegraph India 14 Aug 2022
A Rs 6 a litre tax was also imposed on petrol and ATF exported out of India. Alongside, it imposed export restrictions, subject to meeting domestic sales of 50 per cent for petrol and 30 per cent for diesel exports ... The 2.5 per cent customs duty on petrol and diesel is also considered for calculating the trade parity price.

Algeria’s bid to join economic powerhouse

Independent online (SA) 14 Aug 2022
Russia is being hit by some of the harshest Western sanctions over its Ukraine invasion, which has seen international markets buckle thanks to skyrocketing petrol and gas prices ... Intra-African trade is expected to grow by 33%, and Africa’s total trade deficit is expected to be cut in half.

BJP, TRS to feel burn of high fuel, LPG price during bypoll

Deccan Chronicle 12 Aug 2022
Telangana tops the country in fuel prices, with petrol being sold at Rs 111.67 per litre and diesel at Rs 99.69 ... But the price of petrol in 2014 was Rs 70 and now it is at Rs 120 ... Crude is currently trading at around $94 but average petrol price on Wednesday was Rs 111.67 a litre.

Petrol prices will fall BELOW 175p a litre this weekend - knocking £9.08 off the ...

The Daily Mail 12 Aug 2022
Motorists are expected to finally see petrol fall further this weekend in some relief to the gathering cost of living crisis storm ... 'Lower pump prices are taking the strain off family budgets at present and that benefit should eventually double to at least 30p a litre off the peak price of petrol in July.

Seven petroleum wholesalers’ licenses suspended

The Saigon Times 12 Aug 2022
In February, Minister of Industry and Trade Nguyen Hong Dien established a team to examine the planning of petrol and oil businesses and traders, import and export licensing procedures, the manufacturing licensing process and the petroleum business activities of key enterprises.

OPEC, in contrast to IEA, sees lower 2022 oil demand growth

Financial Express 11 Aug 2022
Gold Price Today, 10 Aug 2022 ... MCX Gold prices may trade in Rs 51800-52250 range, support at Rs 51800. Price freeze on petrol, diesel, LPG to hit profitability of IOC, BPCL, HPCL. Fitch ... Also Read ... Oil prices held on to an earlier gain after the OPEC report was released, finding support from the IEA’s view on demand and trading above $98 a barrel.

House Demands Details of Consortium Involved in DSDP Arrangement with NNPC Ltd

This Day 10 Aug 2022
The Head, Business Development, Oando Trading, Otaru Danjuma, who came with a brief summary of the firm’s activities relating to petrol supplies and subsidy claims, requested more time to get the documents requested by the committee.

Villagers who bought disused petrol station now save �1,000 a year

Metro UK 09 Aug 2022
Four years ago there were celebrations in a Scottish village when petrol pumps finally returned after a decade ... With a population of about 850 people, most of whom are self-employed or work in agriculture, trade began to suffer ... The return of the petrol pumps has made a huge difference to the trade in the village and businesses are ‘thriving’.

Syria regime raises price of subsidised petrol by 127%

Middle East Monitor 08 Aug 2022
The Syrian regime's Ministry of Internal Trade raised the price of petrol by 127 per cent, the third increase this year, the SANA news agency reported.

Lok Sabha passes bill to promote use of non-fossil fuels

Financial Express 08 Aug 2022
Further, the bill seeks to introduce new concepts such as carbon trading and mandate the use of non-fossil sources to ensure faster decarbonisation of the Indian economy and help achieve sustainable development goals in line with the Paris Agreement.Also Read ... Petrol and diesel price August 8.

Relief to refiners: Crude oil import price falls below $100 in Aug 1st week

Hindustan Times 06 Aug 2022
The three state-run firms that control over 90% domestic fuel trade have suspended ...

David McWilliams: Ireland has lots to lose if Taiwan tensions heighten

The Irish Times 06 Aug 2022
Global trade would come to a shuddering halt ... The financial ramifications of a global trade war with China dwarf anything that has played out thus far with Russia and the consequence of sanctions on Russia have been profoundly dislocating across the world economy, in a swathe of areas from petrol pumps to bread prices.

Rupee to remain volatile ahead of RBI monetary policy decision, USDINR pair to trade sideways in this range

Financial Express 05 Aug 2022
USDINR pair is expected to trade within a broad range of 78.80 and 79.80 ... We expect USDINR to trade within a broad range of 78.80 and 79.80 on spot.” ... We expect the USDINR(Spot) to trade sideways and quote in the range of 78.70 and 79.40.” ... Petrol and diesel price August 5 Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors.

Most Viewed

In this photo, Feb. 27, 2022, taken from video provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelenskyy speaks to the nation in Kyiv, Ukraine. Russian state media is spreading false claims that Ukrainian President Volodymyr Zelenskyy has fled Kyiv in what experts say is an effort to discourage Ukrainians and erode support for Ukraine around the globe.
AP / Ukrainian Presidential Press Office via AP, File
Russian President Vladimir Putin attends a meeting with top officials on support to aviation industry in Russia amid western sanctions vis videoconference at the Novo-Ogaryovo residence outside Moscow, Russia, Thursday, March 31, 2022.
AP / Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP
File - Chinese President Xi Jinping inspects the People's Liberation Army soldiers at a camp in Hong Kong on June 30, 2017. Xi will visit Hong Kong this week to celebrate the 25th anniversary of the former British colony's 1997 return to China, a state news agency said Saturday, June 25, 2022.
AP / Vincent Yu, File