Page 2 - Fuel Retail

Petrol reaches Rs 98.11, diesel at Rs 88.65 per litre in Delhi today

Petrol and diesel prices have witnessed a surge in the national capital and stood at Rs 98.11 per litre and Rs 88.65 per litre, respectively on Saturday

Petrol, diesel prices remain unchanged a day after setting new records

Fuel retailers spared consumers of further hike in fuel prices by keeping retail prices of petrol and diesel unchanged on Friday, a day after it touched new records

India's fuel sales recover from June lows, still lower than last year

Domestic fuel sales by Indian state refiners recovered in the first half of June due to the easing of coronavirus lockdowns across the country, preliminary data shows

Petrol, diesel sales drop 17% in May on slow demand due to Covid lockdowns

India's petrol and diesel sales fell by about 17 per cent in May from a month ago as restrictions clamped to curb the world's worst outbreak of coronavirus infections stifled demand

Numaligarh Refinery evaluates re-entering fuel retail biz via petrol pumps

Development follows govt's move to make BPCL shed stake in Assam Accord refinery (as NRL is popularly called). The stake was recently picked up by fellow PSUs Oil India and Engineers India

BP wants bigger pie of India fuel market, bats for natural gas under GST

Firm to create 80,000 jobs by increasing fuel retail outlets, along with Reliance, to 5,500 in 4-5 yrs

Lockdown impact: Fuel demand in India plunged to historic lows in April

In its latest report, the International Energy Agency has said India's annual fuel consumption will decline 5.6 per cent in 2020

Covid-19 crisis and the problem of plenty for India's fuel sector

The plummeting demand for energy across the board is causing a major headache for the sector will be how to balance its limited storage capacity

Covid-19 lockdown: Fuel demand likely to slip 40% in April, says report

India is the world's third-largest energy consumer but the Covid-19 lockdown has shut businesses, suspended flights, stopped trains and brought almost the entire vehicular movement to a halt

Reliance, BP ink deal to set up fuel retail stations under Jio-BP brand

The venture is expected to be formed during the first half of 2020; it aims to expand RIL's retail fuel network to 5,500 in 5 years

Fuel retail: Job half done

Transparent pricing regime should be the next step

Reliance, other private fuel retailers double market share in 3 years

During this period, India's fuel consumption grew by an average of 3-4 per cent annually