The combined consumption of diesel and gasoline in April is poised to plunge by as much as 20% from a month earlier due to renewed restrictions, including in Delhi.
India imports more than 85% of its total oil needs. Getting access to Iranian crude would bring a number of benefits, including cheaper barrels and a longer credit cycle.
India's shift to exporters like US and Nigeria comes amid an increased demand for gasoline, as the pandemic pushes people to private cars instead of public transport.
Saudi & other producers are keeping millions of oil barrels off the market, leaving supertankers unemployed and likely to be junked on the beaches India, Pakistan & Bangladesh.
The 11th-hour regulatory race reveals a widespread effort by Trump officials to leave their imprint on federal policy and — at least temporarily — tie the hands of their successors.
Non-Saudis will no longer need employer’s permission to change jobs, travel abroad or leave the country permanently. New rules will come into effect on 14 March.
Reliance Industries, owner of world’s largest refining complex, signed a deal to purchase 2 million barrels of heavy Canadian oil a month for next 6 months.
Qatar is bringing in sweeping labour reforms, imposing a standard minimum wage applicable to employees of all nationalities and professions and making it easier to change jobs.
A refinery thrives on the price difference between crude oil and fuels like gasoline, earning a profit that’s known in the industry as a cracking margin.
With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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