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Fuel prices may fall next quarter if global crude remains stable
July 18, 2025
|The New Indian Express Nagapattinam
PETROLEUM minister Hardeep Singh Puri on Wednesday said oil marketing companies (OMCs) may reduce petrol and diesel prices in the next quarter if global crude oil prices remain around $65 per barrel.
Speaking at the Urja Varta 2025 event organised by the Directorate General of Hydrocarbons, the minister said If things remain stable (crude price), there is a scope for reduction.
"We are one of the few countries in the world where prices have come down over the last three-and-a-half years. Now, the inventory I'm holding was bought at $75 a barrel, a month ago. As this inventory gets consumed slowly, if prices remain at current levels, my short answer is yes," said the minister.
هذه القصة من طبعة July 18, 2025 من The New Indian Express Nagapattinam.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Nagapattinam
The New Indian Express Nagapattinam
SC directs legal help to the 3.66 lakh SIR exclusions
THE Supreme Court on Thursday asked the Bihar State Legal Service Authority (BSLSA) to issue directions to its district-level bodies for assisting 3.66 lakh voters excluded from the final electoral rolls in filing appeals with the Election Commission.
1 min
October 10, 2025
The New Indian Express Nagapattinam
30 Japanese cos to invest in Guj to support 4 chip plants
THE four upcoming semiconductor projects in Gujarat are already attracting investments from ancillary and component manufacturers to support the sector in the state, Minister for Electronics and IT (MeitY), Ashwini Vaishnaw, said here on Thursday.
1 min
October 10, 2025
The New Indian Express Nagapattinam
PM calls Trump, hails Gaza truce, discusses trade
PRIME Minister Narendra Modi on Thursday held a phone conversation US President Donald Trump, congratulating him on the announcement of the Gaza ceasefire deal and reviewing the status of bilateral trade negotiations. Modi described Trump as a “friend” in a post on X and praised the “success of the historic Gaza peace plan”.
1 mins
October 10, 2025
The New Indian Express Nagapattinam
Modi's remarks on 26/11 attack 'terribly wrong': Chidambaram hits back
A day after Prime Minister Narendra Modi accused the UPA government of being too soft on Pakistan, Congress leader and former Union Minister P Chidambaram responded on Thursday, saying that PM Modi’s attack on him was a figment of imagination.
1 min
October 10, 2025
The New Indian Express Nagapattinam
Prime accused in Armstrong murder case dies at GH
P Nagendran, a life convict who was named as the prime accused in the murder of former Bahujan Samaj Party (BSP) TN president K Armstrong, died at Government Stanley Hospital in Chennai on Thursday.
1 min
October 10, 2025
The New Indian Express Nagapattinam
Pushed out by tigers, leopards stray into human dwellings in U’khand
A growing tiger population in Uttarakhand is creating tension in the forests, not just among humans but also among wildlife.
1 mins
October 10, 2025
The New Indian Express Nagapattinam
RCPL relaunches Velvette brand in Chennai
RELIANCE Consumer Products Limited (RCPL), FMCG arm of Reliance Industries Limited, on Thursday launched Tamil Nadu's iconic personal-care brand Velvette, in collaboration with the CK Rajkumar family.
1 min
October 10, 2025
The New Indian Express Nagapattinam
A NOBEL WIN INDIA MUST TAKE NOTE OF
HE 2025 Nobel Prize in physiology or medicine could not have come ata more relevant time for India.
1 mins
October 10, 2025
The New Indian Express Nagapattinam
MP points finger at TN over syrup factory licence renewal
COUGH SYRUP DEATHS
1 mins
October 10, 2025
The New Indian Express Nagapattinam
Aadhav moves HC for quashing FIR over X post
REMAINING elusive for days after the Karur stampede, TVK general secretary for election campaign management Aadhav Arjuna has moved the Madras High Court praying for quashing the FIR registered against him by the Cyber Crime wing of Greater Chennai Police on his social media post allegedly calling for Nepal-like uprising against the state government.
1 min
October 10, 2025
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