fuel
- Business
WPI inflation eases to 34-month low of (-) 0.92 pc in April
New Delhi: Wholesale inflation rate eased to 34-month low of (-) 0.92 per cent in April on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation…
- India
Windfall tax increased on jet fuel
New Delhi: The Centre on Saturday increased the windfall tax or Special Additional Excise Duty (SAED) on the production of crude petroleum from Rs 8,000 per tonne to Rs 11,000 per tonne…
- Middle East
Iran ready to donate fuel to Lebanon: Ambassador
Beirut: Iranian ambassador to Lebanon has said that his country is ready to donate fuel oil if Lebanon needed so. “Iran is keen to provide complete support for Lebanon. Our country is…
- World
Chinese oil giant Sinopec likely to enter Lankan fuel market
Beijing: As Sri Lanka continues to remain in the Chinese debt trap, the biggest petrochemical company in China, Sinopec, is likely to start retail operations in the Lankan fuel market, local media…
- Middle East
Palestine: Gaza’s sole power plant shut down due to lack of fuel
Gaza City: The sole power plant in the Gaza Strip has been knocked offline due to a lack of fuel, electricity officials said. As a result, the power supply in the Palestinian territory…
- World
Sri Lanka IOC suspends fuel distribution for 2 days over mass protest fears
Colombo: Lanka IOC, the subsidiary of Indian Oil Corporation in Sri Lanka, on Friday announced that it was suspending fuel distribution for two days in view of the mass public protest demanding…
- World
Sri Lanka’s fuel supplies in crisis with last shipments under Indian credit line to arrive this month
Colombo: The last of the fuel shipments due under the Indian Line of Credit are arriving in Sri Lanka this month with no indications on the sustenance of future supplies which are…
- World
India sends one more consignment of 40,000 MT of diesel to crisis-hit Sri Lanka
Colombo: India delivered one more consignment of 40,000 metric tonnes (MT) of diesel to Sri Lanka to help ease the acute fuel shortage in the debt-ridden island nation which is grappling with its…
- India
Petrol pumps protest in 24 states; demand higher commission from OMCs
New Delhi: A petrol pump dealers’ association has announced that no purchase of petrol and diesel will be done from oil marketing companies (OMC) on Tuesday as a mark of protest against…
- World
Food, petrol price hikes push up Spain inflation
Madrid: Soaring food and petrol prices have pushed up inflation to 8.7 per cent in Spain in May, according to preliminary data published by the country’s Statistical Institute (INE). May’s increase follows…