Latest Fuel News
Recent fuel, transport, and policy updates presented in a clear and scan-friendly format.
Petrol sales rebound on festival season, diesel demand continues to drop
India's petrol consumption increased by 7.3 per cent in October due to festive season demand. However, diesel sales decreased by 3.3 per cent, partly due to lower agricultural demand from extended rains. LPG and ATF sales saw year-on-year increases, with LPG up by 7.5 per cent and ATF by 2.5 per cent.
Petrol sales rebound on festival season, diesel demand continues to drop
India's petrol consumption increased by 7.3 per cent in October due to festive season demand. However, diesel sales decreased by 3.3 per cent, partly due to lower agricultural demand from extended rains. LPG and ATF sales saw year-on-year increases, with LPG up by 7.5 per cent and ATF by 2.5 per cent.
Petrol, ATF sales surge 8.5% in Oct
Petrol and jet fuel sales increased by around 8.5% in October due to higher travel during the festive season. Diesel sales remained stagnant, affected by factors such as high rainfall and a shift towards electricity by farmers and railways. LPG sales rose by 7.5%.
Petrol, ATF sales surge 8.5% in Oct
Petrol and jet fuel sales increased by around 8.5% in October due to higher travel during the festive season. Diesel sales remained stagnant, affected by factors such as high rainfall and a shift towards electricity by farmers and railways. LPG sales rose by 7.5%.
Blended aviation turbine fuel gets new category, to be taxed at 2% for regional connectivity
The Centre has categorized blended aviation turbine fuel under mineral items, introducing excise duties, and is considering voluntary use by 2024 and mandatory by 2027. The aviation industry is concerned about increased fuel costs and potential need for incentives, with ongoing consultations among various ministries.
Blended aviation turbine fuel gets new category, to be taxed at 2% for regional connectivity
The Centre has categorized blended aviation turbine fuel under mineral items, introducing excise duties, and is considering voluntary use by 2024 and mandatory by 2027. The aviation industry is concerned about increased fuel costs and potential need for incentives, with ongoing consultations among various ministries.
What are solid-fuel missiles, and why is North Korea developing them?
North Korea launched an intercontinental ballistic missile, potentially linked to its development of solid-fuel rocket engines. Solid-fuel missiles are easier to operate and harder to detect compared to liquid-fuel weapons. This development could enhance North Korea's nuclear counterattack capability, although experts believe the country still needs more time to fully master the technology.
What are solid-fuel missiles, and why is North Korea developing them?
North Korea launched an intercontinental ballistic missile, potentially linked to its development of solid-fuel rocket engines. Solid-fuel missiles are easier to operate and harder to detect compared to liquid-fuel weapons. This development could enhance North Korea's nuclear counterattack capability, although experts believe the country still needs more time to fully master the technology.
Diesel, petrol demand to grow 50,000-55,000 barrels per day Y-o-Y in Oct-Dec
India’s appetite for oil products in October-December is set to get a boost from the upcoming festival season as well as the agricultural season
Diesel, petrol demand to grow 50,000-55,000 barrels per day Y-o-Y in Oct-Dec
India’s appetite for oil products in October-December is set to get a boost from the upcoming festival season as well as the agricultural season
OMC move to rationalise intra-State freight to bring down petrol, diesel prices
Minister also welcomes OMC decision to enhance dealer commissions
OMC move to rationalise intra-State freight to bring down petrol, diesel prices
Minister also welcomes OMC decision to enhance dealer commissions
2025 Forecast: Energy woes loom, but big gains for auto, healthcare and more
Geopolitical tensions will challenge the energy sector, but consumer goods, automotive, and healthcare sectors are expected to grow in 2025. Fossil fuel markets face risks, while renewable energy investments remain strong. Financial sector sees mixed outlook with regulatory easing. Retail volumes will grow, stricter online retail regulations will be enforced, and the automotive sector will see record new-vehicle sales.
India's oil demand may revive amid festivals and elections, shows S&P Global Commodity Insights
India's oil demand is expected to rise by 3.5-4% in Q4 2024 due to festive activities, agricultural needs, and election-related transportation. Despite a 2% drop in diesel demand caused by heavy monsoon rains, gasoline demand grew by 3%. Marriage season and automobile sales will further boost fuel consumption.
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say
Israeli airstrikes on Saturday targeted key facilities in Iran that were linked to its defunct nuclear weapons program and solid fuel missile production. These strikes potentially hampered Iran's missile production capability, as assessed by researchers using commercial satellite imagery.
Honda to replace faulty fuel pumps in 90,468 old units of select models in India
Honda Cars India will expand its faulty fuel pump replacement campaign to include 90,468 older units and 2,204 units with previously changed parts. This affects models such as Amaze, Brio, BR-V, City, Jazz, and WR-V produced from September 2017 to June 2018. The replacements start on November 5, 2024, at no cost to customers.