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Record fuel price hike due to spike in oil prices during last couple of weeks

March 30, 2022

Source: Energy World

Record fuel price hike due to spike in oil prices during last couple of weeks

The basket of crude oil that India buys averaged USD 100.71 per barrel that day as compared to USD 82 in early November 2021 when state-owned fuel retailers hit the pause button on daily price revision.

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Record fuel price hike due to spike in oil prices during last couple of weeks

Related News

German energy prices are so high they’re driving companie...

Saudi Aramco looks to China and India to prop up oil markets

CNPC Lowers Forecast for China Oil Demand This Year

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Oil price dip ignores burgeoning Chinese demand and immin...

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Cougar Mechanical Thruster saves C$130k for drilling major

TechnipFMC lands major subsea contracts for Anadarko’s Mozambique project

Indian state requests removal of VAT waiver

China to invest $250 million in Venezuela

Eni begins production from Sankofa field

Trump’s tweet help pushing oil price down

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