Page 4 - Shubhangi Mathur

Centre relaxes kerosene supply rules for 60 days amid LPG shortage

The government has granted temporary permission to OMCs to store kerosene up to 2,500 litres to ensure fuel availability for cooking purposes

West Asia conflict: Crude oil price remains high as attacks continue

Crude prices stayed near $100 per barrel amid ongoing West Asia tensions, while India denied reports of paying Iran for tanker passage through the Strait of Hormuz

Oil prices plunge; two Indian LPG tankers cross Strait of Hormuz

Oil prices dropped sharply after Trump paused Iran strikes, while Indian LPG tankers crossed the Strait of Hormuz amid supply concerns and disruptions in West Asia

Govt directs PNG rollout to schools, colleges within 5 days amid LPG crisis

Amid LPG shortages, the government has asked CGD firms to provide PNG connections to schools, colleges, and community kitchens within five days where pipeline infrastructure exists

30-day US waiver: Indian refiners upbeat on buying Iranian crude oil

Awaiting clarity on payment mechanisms

Govt raises commercial LPG allocation to 50% as gas crisis hits sectors

The total LPG allocation increases to 50 per cent for commercial users with the latest additional 20 per cent allocation

Higher-grade fuel gets costlier amid spike in oil prices; OMCs hike rates

Benchmark Brent prices slipped to around $105 per barrel on Friday, from the highs of $119 a day earlier

IEA suggests work from home, avoid air travel amid rising energy costs

Agency outlines measures such as remote work, reduced travel and public transport use to ease demand as oil prices surge amid West Asia conflict

Oil surges to $108 per barrel amid West Asia war; India denounces strikes

To secure supplies, 13 tankers carrying around 3.5 lakh tonnes of LPG are currently headed from the US to India

Centre offers extra 10% commercial LPG to states committing to PNG shift

At least 8 oil tankers, including 7 with Russian crude, diverted mid-voyage from China to India

Petrol dealers may face cash crunch as OMCs seek advance payments

Dealers warn of reduced fuel orders as refiners end credit supply amid losses on petrol and diesel sales with retail prices unchanged

Asian spot LNG prices likely to rise 40 % in 2026, says Rystad Energy

Asian LNG spot prices may rise to $14/mmbtu in 2026 amid West Asia conflict, with Strait of Hormuz disruptions curbing supply and keeping shipping traffic constrained

LPG shortage in Delhi-NCR leaves consumers scrambling for refills

Long queues and limited stock show a system not firing on all cylinders

LPG supplies remain a concern for India amid West Asia crisis: Govt

An LPG vessel Nanda Devi arrived at Kandla port early Tuesday, safely crossing the Strait of Hormuz, offering some relief amid ongoing supply concerns

CGD firms offer incentives for domestic PNG connections amid LPG shortage

IGL and GAIL Gas offer free gas worth ₹500, while other CGD firms waive charges to encourage domestic PNG adoption as LPG supplies tighten due to the West Asia crisis

Govt says exports moving smoothly; 2,600 containers shipped to West Asia

Government says exports to West Asia continue smoothly amid crisis as LPG tanker reaches Mundra and two more vessels carrying crude oil and LPG are set to arrive

India stares at steep rise in oil import bill amid West Asia conflict

India's net oil import bill could rise by $56-64 billion annually assuming global crude averages $110-115 per barrel in FY27

Govt prohibits PNG users to hold LPG cylinders amid supply shortage

India is facing tightening of LPG supplies as nearly 90 per cent of the country's LPG imports originate from the West Asia

West Asia conflict: US expands India-like waiver on Russian crude oil

India was also granted a similar 30-day waiver on March 5 for purchase of Russian oil

India dials Iran for safe transit of its vessels through Strait of Hormuz

Government engages Tehran to ensure safe transit for Indian-flagged vessels amid West Asia conflict as concerns mount over oil, gas and fertiliser supplies