Natural gas & Indian Oil Corporation

Natural gas: Natural gas prices have seen a fourth hike in less than 15 days in India — Delhi, increasing by Rs 2 per kg, directly affecting consumers and transport operators.

Indian Oil Corporation: Indian Oil Corporation, a state retailer, is implementing fuel price hikes and is currently losing 5.5 billion rupees daily due to selling fuels below market rates.

Natural gas: The price of Natural gas has increased by Rs 4 per kg, adding to the overall rise in fuel costs and inflationary concerns in India.

Indian Oil Corporation: Indian Oil Corporation>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.

Natural gas: Natural gas, particularly PNG, is the beneficiary of the policy, with increased household adoption expected to boost demand.

Indian Oil Corporation: As a public-sector OMC, IOC is involved in LPG distribution and CGD, and may see shifts in its business mix.

Natural gas: While Natural gas supplies were also affected by the West Asia conflict, India has managed to secure alternative sources, making it less of an immediate focus for strategic reserves compared to LPG.

Indian Oil Corporation: As a state-run fuel retailer, Indian Oil Corporation has been asked by the government to prepare plans for additional LPG storage capacity, which will involve significant investment and operational adjustments.

Natural gas: Natural gas is a significant fossil fuel Russia sells, particularly to the European Union, despite sanctions.