[ad_1] Oil marketing companies (OMCs) witnessed sharp volatility on Monday, April 7, as a steep fall in global crude oil prices and a fresh hike in export duties rattled investor sentiment. The Nifty Oil & Gas index opened deep in the red, tracking a nearly 4% drop in Brent crude to $62.51 per barrel—its lowest […]
Govt says petrol, diesel prices to reduce in far flung areas due to intra-state freight rationalisation by OMCs – CNBC TV18
[ad_1] Union Oil Minister Hardeep Singh Puri on Tuesday (October 29, 2024) welcomed the decision by state-owned oil marketing companies (OMCs) to increase dealer commissions for petrol pump owners. Additionally, Puri lauded the intra-state freight rationalisation, which he said would “benefit consumers located at remote locations (far from petrol and diesel depots of oil marketing […]
Exclusive interview | Oil Minister Hardeep Singh Puri: Green hydrogen is future fuel – CNBC TV18
[ad_1] Hardeep Singh Puri, Minister of State for Petroleum and Natural Gas, provided a comprehensive overview of the current energy landscape, at the India Energy Transition Summit. The minister welcomed the recent fall in crude oil prices and OPEC’s decision to avoid further production cuts, which provide relief to major oil-importing nations like India. Puri […]