Tag: High fuel prices

Indian gasoil and gasoline sales surge as dealers top up tanks

NEW DELHI, April 1 – Indian state refiners’ gasoil and gasoline sales surged to a three-month high in March on increased demand from dealers and consumers ahead of an expected sharp rise in retail prices after elections in key states. State refiners’ average daily sales of gasoline and […]

India’s August gasoil sales stay weak, gasoline jumps, preliminary data shows

NEW DELHI, Sept 1 – India’s August gasoil consumption declined from July and stayed below pre-COVID 2019 levels as monsoon rains hit mobility and industrial activity, preliminary sales data from state fuel-retailers showed on Wednesday. Indian state retailers last month sold about 4.9 million tonnes of diesel, up […]

India seeks lower oil prices as high pump prices bite

NEW DELHI, July 19 – India is in talks with crude producers about securing more affordable oil prices after tax-laden pump prices of gasoline and gasoil surged to record highs in Asia’s third-largest economy, adding to inflation. India, the world’s third-biggest oil importer and consumer, ships in over […]

India’s low-income frontline workers burned by rising fuel prices

Rizwanudeen, a 37-year old worker who delivers food in the southern Indian city of Chennai, struggles to pay his rent and loan instalments at the end of every month as he has been hit by the double whammy of higher fuel prices and fewer food orders. Millions of […]

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