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The first Indane LPG connection was released on 22 October 1965 at Kolkata. Indane serves more than 130 million families through a network of 12,500 distributors. 27% of its customers reside in semi-urban or rural markets and every second LPG cooking gas connection in India is that of Indane. The sales network is backed by 47 Indane area offices.
The average price of regular gasoline rose from $1.773 during the week of April 27, 2020, to $5 as of June 11, 2022, an all-time high. [37] California led the nation in gas prices with an average gallon of regular gas in the state reaching $6.43 as of June 11, 2022.
where OP is the annual average Brent crude price for the previous FY, with a cap of $60 per barrel and a floor of $25 per barrel. [10] As the annual Brent price has always been above $60 from 2007 to 2014, the revised gas price at $5.61 during the year 2014 is in excess of the applicable maximum price by nearly 20%.
Saudi Aramco plans to cut capital spending to between $25 billion and $30 billion in fiscal year 2020, down from $32.8 billion a year ago.
Investing.com – Saudi Aramco (SE:ARAM) priced its IPO at the top of its indicative range and raised $25.6 billion from the world’ biggest offering.
Indian Basket price vs Brent and Dubai (Apr 2000 to Apr 2020). Indian Basket (IB), also known as Indian Crude Basket, is weighted average of Dubai and Oman and the Brent Crude crude oil prices. It is used as an indicator of the price of crude imports in India and Government of India watches the index when examining domestic price issues. [1]
Aramco shares were down 6.2% at 30.85 riyals ($8.22) at 0852 GMT, their sharpest percentage fall in a day, and below the IPO price of 32 riyals. Aramco's record IPO in December gave it a price tag ...
LPG cylinders in India Liquefied petroleum gas tank on a rural farm. Predominantly in Europe and rural parts of many countries, LPG can provide an alternative to electric heating, heating oil, or kerosene. LPG is most often used in areas that do not have direct access to piped natural gas. In the UK about 200,000 households use LPG for heating.