In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.
U.S. gas prices hit a record level earlier this month. Limiting 'pain American people are feeling at the gas pump' was a main objective Biden set out in responding to Russia’s invasion of Ukraine.
Retail inflation in India rose for a third month in December. The country's consumer prices this year are expected to grow the fastest among the 10 largest economies.
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.
Driving has emerged as the socially distant transportation of choice and is offering some relief to an oil market fresh off its worst crash in history.
The funniest part about pig politicisation is that it is based on ignorance. Hindus and Christians can eat all the pork they want and keep pigs as pets—that does not bother Muslims.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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