Commodities rise as dollar stumbles
Global commodity prices staged a comeback this past week after the dollar failed to hold onto recent gains and rising stock markets helped to drive renewed …
Natural Gas price may go up by 18% from April; India’s fuel demand rises 3.8% in February 2019
The price of natural gas may go up by as much as 18% from April 2019, according to a CARE Ratings’ report. As per the New Domestic Gas policy of 2014, …
Global oil output fell to 99.7 million barrels per day in February 2019: IEA
The world’s oil production continued to fall in February, largely on the back of OPEC-led supply cuts and outages in Venezuela, the International Energy …
India’s trade deficit narrows to 17-month low in February 2019
India’s trade deficit narrowed to a 17-month low of $9.6 billion in February 2019 as merchandise imports fell on the back of lower crude oil prices. The …
India’s Oil imports up 4.6 per cent in February 2019: report
India’s oil imports rose 4.6 per cent in February 2019 from a year earlier to about 5 million barrels per day (bpd), according to tanker arrival data …
China’s LPG output up 7.1% year-on-year in Jan-Feb 2019 – report
China’s energy production maintained stable growth during the first two months of the year, the official Xinhua News Agency quoted the National Bureau of …
COMMENTARY – Are aviation biofuels ready for take off?
Air travel is booming, with the number of air passengers set to double over the next twenty years. Aviation demand is particularly evident in in the Asia …
India’s wholesale inflation rises to 2.93% in February 2019
Inflation based on wholesale prices rose to 2.93% in February over the previous month due to hardening of prices of primary articles, fuel and power, according …
India to buy 12% less Iran oil in April 2019 against previous month March 2019: Reuters
Indian state refiners will lift 8 million barrels of Iranian oil in April, a decline of about 12 per cent from the previous month, a Reuters report quoted …
Falling LNG prices may lift city gas distributor margins by 250-300 bps: CRISIL Research
A 22-25 per cent decline in the prices of liquefied natural gas (LNG) since January this year, and an expected 5-7 per cent increase in consumption of piped …