Tag: LPG

OPEC cuts India’s 2026 oil demand growth forecast to 40,000 barrels per day

October 13, 2026 admin

OPEC trims oil demand growth forecast for 2026 | Photo Credit: Reuters The Organisation of the Petroleum Exporting Countries (OPEC) has lowered its forecast for India’s oil demand growth in 2026 to 40,000 barrels per day (b/d), from 60,000 b/d projected in its September report. On a year-on-year (YoY) basis, India’s oil demand is expected…

Business

ADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, Marketing

October 12, 2026 admin

Nasser Omair Al Muhairi, Acting CEO of ADNOC’s Downstream industry, Marketing and Trading. Source: Special Arrangement. The Abu Dhabi National Oil Company (ADNOC) is open to further long-term liquefied petroleum gas (LPG) supply agreements with India and sees significant potential to deepen cooperation across crude oil, liquefied natural gas (LNG), naphtha, trading, shipping and strategic…

Business

After October 1, only smaller 5 or 10 kg LPG refills await non-eKYC households

September 20, 2026 admin

Effectively, non-eKYC households will not only lose access to the 14.2 kg subsidised refills but also end up paying more for cooking gas. File. | Photo Credit: NAGARA GOPAL Biometric Aadhaar Authentication, of the connection, will become mandatory for households to continue drawing subsidised domestic liquefied petroleum gas (LPG) refills from October 1. For those…

Business

LPG consumption declines 16% in August, petrol-diesel accelerate amid erratic monsoons

September 1, 2026 admin

LPG consumption falls | Photo Credit: The Hindu India’s LPG (liquefied petroleum gas) consumption declined about 16.2% in August from a year earlier, according to provisional government data, as a growing shift toward piped natural gas (PNG) weighed on demand for cooking fuel. Meanwhile, petrol and diesel consumption rose 7.9% and 6.5%, respectively, year-on-year (YoY)…

Business

India’s crude import bill surges 41% in July amid West Asia crisis; volumes up 13%

August 18, 2026 admin

India imports for nearly 89% of domestic crude oil needs | Photo Credit: The Hindu i India’s crude oil import bill surged more than 41% year-on-year to $13.7 billion in July, according to provisional data released by the Petroleum Planning and Analysis Cell (PPAC), as elevated global oil prices amid persistent uncertainty in West Asia…

Business

Oil marketing companies raise prices of commercial LPG gas cylinders

November 1, 2023 admin

Representational file image. | Photo Credit: E. LAKSHMI NARAYANAN In a move that is set to impact businesses and consumers, oil marketing companies (OMCs) have announced an increase in the prices of commercial LPG gas cylinders. Effective from November 1, the retail price of the 19 Kg commercial LPG gas cylinder in Delhi will see…

Business

Petrol, diesel sales fall ahead of start of festive season

October 16, 2023 admin

Petrol sales dropped to 1.17 million tonnes during the first half of October from 1.29 million tonnes a year earlier. | Photo Credit: Manvender Vashist Petrol and diesel sales fell in the first half of October ahead of the start of the festival season that is expected to boost consumption, preliminary data of state-owned firms…

Business

How Much Will A Cylinder Cost Now

September 1, 2023 admin

The price of a 14.2 Kg LPG cylinder will be reduced by ₹ 200. The central government on Tuesday slashed the price of a domestic LPG cylinder by ₹ 200. The union government has been facing criticism over rising inflation and its impact on households. Notably, the reduction in prices of the LPG cylinder has…

Nation

After Domestic LPG Price Reduction, Commercial LPG Prices Cut By Rs 158

September 1, 2023 admin

The price of Domestic LPG was reduced by Rs 200 by the central government. New Delhi: In a major relief to LPG consumers, Public sector Oil Marketing Companies (OMCs) have slashed the price of 19 KG commercial LPG gas cylinders by Rs 158, according to the sources. The new prices will be effective from today…

Nation

Government exempts LPG imports from agri cess

September 1, 2023 admin

Image used for representational purpose. | Photo Credit: Thulasi Kakkat The government has exempted imports of LPG, liquified propane and liquified butane from 15% agri cess with effect from September 1. The government had in July imposed a 15% agri cess on imports of these goods. Also read | Centre slashes LPG prices by ₹200…

Business