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September 19, 2024, 05:04 PM - 3 min read
Oil prices remain volatile, fluctuating between USD 70 and USD 75 per barrel. Despite a recent drop in crude prices, fuel rates in India remain frozen. State-owned retailers may adjust prices before Maharashtra elections, but uncertainty over future price trends continues.
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March 10, 2024, 11:53 AM - 2 min read
IOC's October launch of 'reference' petrol and diesel ends India's reliance on imported automotive testing fuels. Consumer fuel diversification includes premium XP95, XP100 petrol, and XtraGreen diesel, focusing on economy and emissions. 'Storm' petrol for racing and FIM partnership exhibit IOC's strategic expansion, aligning with F1 regulations and sustainability.
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February 16, 2024, 03:11 PM - 2 min read
"Our employees have been getting threats and some of them have been kidnapped for ransom," the letter added.
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January 17, 2024, 12:13 PM - 2 min read
Puri, the minister for petroleum and natural gas as well as housing and urban affairs, said India is aware of its commitments towards sustainability goals and will meet all the targets in time while meeting the requirements of a growing economy.
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January 3, 2024, 06:34 PM - 2 min read
While at current prices, oil companies are making some money on petrol, and diesel the most consumed fuel accounting for almost 40 per cent of all petroleum products consumed in the country, but it has been in a "touch-and-go" scenario in recent weeks.
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