By Administrator_India Capital Sands About 50,000 truckers, most of whom are single-truck owners, could be thrown off their businesses due to the recent fuel price hike. “Already the vehicle supply on the road is higher than the requirement. With the fuel price hike, fleet owners will look to cut down fleet size wherever needed and […]
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By Administrator_India Capital Sands Oil was up Monday morning in Asia. However, a resurgence of COVID-19 globally continues to take an economic toll and dampen fuel demand. Brent oil futures were up 0.29% to $55.18 by 8:41 PM ET (1:41 AM GMT) and WTI futures inched up 0.06% to $52.23. Both Brent and WTI futures remained above the […]
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By Administrator_India Capital Sands Fuel prices were unchanged on Wednesday after five consecutive day hike by the oil marketing companies. Petrol and diesel prices that remained unchanged for 48 days, saw a rate revision on November 20 (Friday), as state-run oil marketing companies hiked fuel prices. On Tuesday (November 24) Petrol prices were hiked by 6 […]
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