Fuel Demand Fell 1.8% Year On Year In November
Wednesday, December 12, 2018, 10:21 AM
Fuel demand fell 1.8 percent in November compared with the same month last year. Consumption of fuel, a proxy for oil demand, totalled 17.27 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Sales of gasoline, or petrol, were 8.7 percent higher from a year earlier at 2.32 million tonnes.
127 fuel pumps in TN face penal action for short delivery
Monday, October 15, 2018, 10:00 PM
Operations of more than 120 fuel pump stations across TN have been suspended and penal-action is being initiated against them for short delivery of petrol and diesel detected during a recent state-wide intensive raids by the Labour department. The officials of the department conducted inspections in 818 fuel outlets across the state between Oct-10 and 12 and found short delivery by 127 of them.
Fuel prices rise again, no sign of slowing down
Sunday, October 14, 2018, 3:58 PM
It's been months since fuel prices started climbing, and even now, climbing fuel prices show no signs of slowing down. The climb continued on Sunday, with petrol prices in the national capital touching Rs. 82.72/litre, while diesel prices touched Rs. 75.38/ litre. Meanwhile, the political slugfest over fuel prices between the Opposition and the NDA government continues.