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Drop in food costs keeps US import prices in check
U.S. import prices rose less than expected in April as a rebound in the cost of petroleum products was tempered by a drop in food prices, the latest indication that inflation pressures were increasing moderately......»»
U.S. import prices, surveys point to moderate inflation
WASHINGTON (Reuters) - U.S. import prices rose less than expected in April as a rebound in the cost of petroleum products was tempered by a drop in food prices, the latest indication that inflation pressures were increasing moderately......»»
Petrol prices likely to hit Rs 90 per litre in Mumbai and Rs 85 in Delhi
India imported crude oil worth $88 billion in 2017-18, and, if petroleum products are included, the bill came to $109 billion.....»»
Looking to arrest rise in fuel price: Petroleum minister Dharmendra Pradhan
The prices of diesel was seen at Rs 67.82 a litre in Delhi, Rs 70.37 in Kolkata and Rs 71.59 in Chennai.....»»
Oil on the boil: Fuel subsidy may hit Rs 530 billion, says Moody"s
Most petroleum products are sold at market prices in India, except liquefied petroleum gas and kerosene.....»»
Petrol, diesel excise duty may be cut Rs 2-4/litre; PMO to take final call
Petroleum Minister Dharmendra Pradhan is expected to meet oil-marketing companies on Wednesday to take stock of the situation.....»»
Crude Oil Price Dips Following Massive Drop in Inventories
The U.S. commercial crude inventory fell by more than 12 million barrels last week but the decline was more than offset as inventories of other petroleum products rose......»»
U.S. import prices drop the most in over two years
U.S. import prices fell the most in more than two years in June as prices for petroleum products fell and a strong dollar weighed on the costs of other goods, pointing to benign import inflation pressures......»»
Oil prices fall amid fears over global economic growth
Oil prices fell on Friday, with U.S. crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products......»»
Oil prices slip amid fears over global economic growth
Oil prices fell on Friday, with U.S. crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products as inventories build......»»
Oil prices slip over concerns of global economic slowdown
Oil prices dipped on Friday, with U.S. crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products as inventories build......»»
Oil heads for weekly loss on economic growth concerns
Oil prices edged up on Friday but were heading for yet another weekly decline amid increasing concern over trade disputes and slowing global economic growth that could hit demand for petroleum products......»»
Oil heads for weekly loss on concerns over trade row
Oil prices rose on Friday but were heading for yet another weekly decline as concerns intensified that trade disputes and slowing global economic growth could hit demand for petroleum products......»»
Mexico"s Trade Deficit Nearly Doubles in July
Mexico’s trade deficit nearly doubled in July from a year earlier as growth in imports outpaced that of exports, led by a big increase in purchases of petroleum products from abroad......»»
Frustration in Kenya over new fuel tax
Many Kenyans are unhappy after the country's regulator announced a 16 percent tax on petroleum products. Serena Chaudhry reports......»»
Asian economies grateful for reprieve on Iran oil imports
Japan, South Korea and other major oil importers welcomed Tuesday the decision by the Trump administration to let them continue to import Iranian crude oil and other petroleum products despite the re-imposition of sanctions on Tehran......»»
Caricom to waive taxes on oil as Petrotrin refinery closes
A Caribbean trade bloc is removing taxes on imported oil and petroleum products for the region as a major refinery on the island of Trinidad prepares to close......»»
Build That Wall. The Energy Report 01/10/19
While we might not get a wall on our southern border, we are at least in the short-term building a wall of petroleum products. Oil [...].....»»
U.S. import prices fall; year-on-year drop largest since 2016
U.S. import prices fell for a second straight month in December as the cost of petroleum products tumbled and a strong dollar curbed prices of other goods, leading to the largest annual drop in more than two years......»»
U.S. says non-U.S. entities must wind down Venezuela oil buying by April 28
Entities outside the United States have until April 28 to wind down their purchases of petroleum and petroleum products from Petróleos de Venezuela SA, the U.S. Treasury Department said in a notice posted early on Friday......»»