Heating Oil News

• Huffman, Feinstein Introduce Bill to Permanently Ban Offshore Drilling 01/24/2023
  Congressman Jared Huffman (D-San Rafael) and Senator Dianne Feinstein (D-CA) today introduced the West Coast Ocean Protection Act to permanently ban oil and gas drilling in federal waters off the ...
• Budget 2023: FICCI wants govt to do away with windfall tax on oil and gas 01/24/2023
  India first imposed windfall profit taxes on July 1, joining a growing number of nations that tax super normal profits of energy companies. At that time, a Rs 23,250 per tonne ($40 per barrel) ...
• Oil steady as China reopening is balanced by economic concerns 01/24/2023
  This week traders are watching for more business data as corporate earnings season gathers momentum, offering clues to the health of economies around the globe.On the inventory side, U.S. stocks of ...
• Petroleum Minister hints at petrol and diesel price cuts soon 01/24/2023
  Post pandemic the prices of petrol and diesel in the country touched all-time highs. At the peak, the price of petrol was around Rs 105.41, and for diesel, it was Rs 96.67. Currently, the fuel pricing ...
• Oil prices steady as China reopening is balanced by economic concerns 01/24/2023
  A weaker US currency makes dollar-denominated commodities such as oil cheaper for buyers using other currencies ...
• India's crude imports hit 5-month high in December on cheap Russian supply 01/24/2023
  India: Crude imports for the month were up 2.7 per cent from November at 19.52 million tonnes, according to data from the Petroleum Planning and Analysis Cell. On a yearly basis, imports were down 0.7 ...
• BPCL To ICICI, Know The Best Fuel Credit Cards Of 2023 01/24/2023
  At IndianOil locations, earn 5% back in fuel points. For every Rs. 150 spent on other purchases, earn one gasoline point. Enjoy a 1% discount on all additional gasoline payments. Earn two points for ...
• Why were millions of Pakistanis without electricity? 01/24/2023
  Pakistan's energy ministry said on Monday the system frequency of its National Grid went down at 0734 hours local time, causing a "widespread breakdown" in the power system.
• Could air someday power your flight? Airlines are betting on it 01/23/2023
  New technologies, including one fuel extracted from the atmosphere itself, could make flying more sustainable. But the challenges are many and the timeline is uncertain.
• Oil mixed as investors weigh China demand and U.S. outlook 01/23/2023
  Brent crude was down 5 cents to $88.14 per barrel by 0436 GMT after rising to a session high of $88.36. U.S. West Texas Intermediate (WTI) crude rose 2 cents to $81.64 per barrel after climbing to $81 ...
• Reduce Petrol And Diesel Prices, Minister Hardeep Singh Puri Tells OMCs 01/23/2023
  Despite the fluctuating prices of the Indian crude basket, the minister asserted that the costs of petrol and diesel have been kept in check.