Fuel prices to increase by 7%-13% from February 1, 2023 – IES

January 30, 2023 The Institute for Energy Security (IES) is predicting between 7% and 13% jump in the prices of petrol, diesel and Liquefied Petroleum Gas (LPG), from February 1, 2023, for the next two...

Written by:

January 30, 2023 / Comments (0)

Fuel prices drop by 8%

January 5, 2023 Some leading Oil Marketing Companies (OMCs) have begun reducing prices of some petroleum products at the pumps. Market leader, GOIL, has announced more than 8% reduction in fuel prices. It...

Written by:

January 5, 2023 / Comments (0)

Expect significant reduction in petroleum products by January 1

December 20, 2022 This is why the prices of fuel came down marginally and not significantly as you expected. The NPA used a forex estimate rate of 14.01 to $1 for the second pricing window. In 2023, the...

Written by:

December 20, 2022 / Comments (0)

US oil prices turn negative as demand dries up

April 21, 2020 The price of US oil has turned negative for the first time in history. This is according to the British Broadcasting Corporation (BBC). That means oil producers are paying buyers to take...

Written by:

April 21, 2020 / Comments (0)