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DMRE announces petrol price increase, diesel price decrease for May

DMRE announces petrol price increase, diesel price decrease for May
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Daily Podcast – April 30, 2024

Daily Podcast – April 30, 2024
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OPEC+ ministers keep output policy steady as oil rallies, Auto News, ET Auto

A ministerial committee (JMMC) of the Organization of the Petroleum Exporting Countries and allies led by Russia, known as OPEC+, met online to review the market and members implementation of output cuts.

Oil Trading | How to Trade Oil in 2024

Oil imports from Russia likely to decline this year

Indian imports of Russian crude oil may stabilise or even decline in 2024 from record 2023 levels amid shrinking discounts, lower output, and a rebound in West Asian supplies, according to the ship-tracking data and industry executives. This may impact the billions of dollars in annual savings that India made last year. Imports of Russian oil jumped by a record 140 per cent in calendar 2023 to 1.79 million barrels a day (b/d) from 740,400 b/d in 2022, when Russia marched into Ukraine in February, and from just 102,000 b/d in 2021, according to the data from Paris-based market intelligence agency Kpler.

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