Tag: Oil Price Rise

oil prices rise
Oil Prices Surge As Russia-Ukraine Conflict Continues

The International Energy Agency announced on Tuesday that its member countries have agreed to release 60 million barrels of oil from their emergency reserves to ease any supply shortfall caused by the Russia-Ukraine conflict.

  • Wednesday, 02 March 2022
After Oil, Gas Price May See Surge Upsetting CNG, PNG Rates
After Oil, Gas Price May See Surge Upsetting CNG, PNG Rates

What is interesting is that gas suppliers to CNG and PNG markets have made lofty margins in the pandemic period due to non revision of piped natural gas and compressed natural gas prices during the inadequacy when the cereal gas prices had fallen globally due to demand compression and lockdowns.

  • Sunday, 24 October 2021
Surging Oil Prices, Bus Fares Fuelling Public Unrest In Odisha
Surging Oil Prices, Bus Fares Fuelling Public Unrest In Odisha

In Odisha, the compounding effect of fuel price hike continues to pile up more miseries on people with the rise in fares of public transport. As per the data available with OTV, in the last 20 days, petrol prices have jumped over Rs 4.50 while diesel has now become dearer by Rs 5.49 since September 28.

  • Sunday, 17 October 2021
Dharmendra Pradhan
Fuel prices may come down by Diwali: Dharmendra Pradhan

Amritsar: Petroleum and Natural Gas Minister Dharmendra Pradhan said today that fuel prices may come down by Diwali, which is next month. The comments come amid criticism by opposition parties of a sharp rise in oil prices after the daily rate revision mechanism was introduced by the government recently. “Fuel prices may come down by Diwali […]

  • Tuesday, 29 June 2021
Oil Price Rise: Know Why Common Men In Odisha Hardest Hit By High Diesel Prices?
Oil Price Rise: Know Why Common Men In Odisha Hardest Hit By High Diesel Prices?

Bhubaneswar: Along with petrol, diesel prices in the country has risen for the sixth time in December. However, if the count is done since November, it’s the 15th straight hike for the fossil fuels. The rise is attributed to upward movement of crude oil (Indian Basket), which on Dec 8 stood at $48.52 from $48.3 […]

  • Thursday, 08 April 2021
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