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Image used for representational purposes only | Photo Credit: Reuters Indian Oil Corporation (IOC), the nation’s largest oil firm, on Saturday (May 23, 2026) said there was no overall shortage of petrol and diesel in the country and described fuel outages reported at some retail outlets as “highly localised” and temporary, caused by regional demand-supply…
Chhattisgarh caps commercial LPG supply, sets timeline for domestic refill booking The Chhattisgarh Government has capped the supply of commercial LPG cylinders at 20% of the previous month’s consumption, while directing time-bound online refill booking for domestic consumers, officials said on Thursday (March 26, 2026). Based on available stock, priority categories for LPG supply have…
Oil prices fell more than 5%, and Asian shares gained on Wednesday (March 25) over the prospect of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo’s Nikkei 225 was up 2.8% to 53,721.30 in early trading. South Korea’s Kospi gained 3.1% to 5,728.22. Hong Kong’s Hang Seng rose…