#India's #FuelPrices Update for #Petrol #Diesel and #JetFuel Price in #Delhi #Kolkatta #Mumbai #Chennai
Here is the price change list of Petrol and Diesel in Four Metro Cities of India w.e.f. midnight of 16th January 2015 and 17th January 2015 with price change list for Jet Fuel in Four Metro Cities of India w.e.f from midnight of 31st December 2014 and 1st January 2015.
#JetFuel is a #Colorless #Combustible straight-run
#PetroleumDistillateLiquid. Its principal uses are as #JetEngineFuel
#AviationFuelPrice , w.e.f - With effect from.
#Fuels #PetrolPrices #DieselPrices #Gasoline #GasolinePrices #GasPrices #EssentialOil #Fuels #OilPrices #ATF #AviationTurbineFuel #JetFuelPrice #DomesticAirlines
For more Informative posts click :
https://www.linkedin.com/company/jhunjhunwalas
One way to represent the economics of a refinery is to calculate its Refinery Gross Margin. GRM is the difference between crude oil price and total value of petroleum products produced by the refinery.
the difference in dollars per barrel between its product revenue (sum of barrels of each product multiplied by the price of each product) and the cost of raw materials (primarily crude, but also purchased additives like butane and ethanol). For example, if a refinery receives $80 from the sale of the products refined from a barrel of crude oil that costs $70/bbl, then the Refinery Gross Margin is $10/bbl. The Net or Cash Margin is equal to the gross margin minus the operating costs (excluding income taxes, depreciation and financial charges). Continuing the example, if a refinery experiences operating costs of $2 per barrel, then the Net Margin is $8/bbl.
Botswana also has an expected GDP of 6% per annum and it is expected that the current fuel demand for both petrol and diesel products will increase by 44% by the end of 2025. Botswana does not have any petrol reserves on its soil and has to import all petroleum demand in refined form from South Africa.
However, the Botswana pula is stronger than the South African Rand which allows it to contain prices. Despite this, both petrol and fuel are heavily subsidised by the Botswana Government and the price of fuel in Botswana is significantly lower than in South Africa.
In May 2013, the Namibian Government announced that oil had been discovered in the Walvis Bay Basin. Although millions of dollars have been spent in exploration drilling, there is no oil production to date.
Although this marks the beginning of the Namibian Oil industry, the country does not officially have any petrol reserves on its soil and has to import all petroleum demand in refined form from neighbouring South Africa. .
Due to the fact that the Country does not have connections to regional petroleum pipes, it also has to depend entirely on South Arica regarding its route and supply source perspective. This has created a challenge to secure a more cost effective alternative fuel supply
Zambia's overall petroleum needs are supplied through imports as the country does not have any established reserves of crude oil. The petroleum industry in Zambia is made up of TAZAMA Pipelines, which is owned by the Governments of Zambia and Tanzania; Indeni Refinery, which is jointly owned by the Government of Zambia and an international oil company, Total Outre mer; and the Ndola Fuel Terminal, which is also owned by the Government of Zambia.
One way to represent the economics of a refinery is to calculate its Refinery Gross Margin. GRM is the difference between crude oil price and total value of petroleum products produced by the refinery.
the difference in dollars per barrel between its product revenue (sum of barrels of each product multiplied by the price of each product) and the cost of raw materials (primarily crude, but also purchased additives like butane and ethanol). For example, if a refinery receives $80 from the sale of the products refined from a barrel of crude oil that costs $70/bbl, then the Refinery Gross Margin is $10/bbl. The Net or Cash Margin is equal to the gross margin minus the operating costs (excluding income taxes, depreciation and financial charges). Continuing the example, if a refinery experiences operating costs of $2 per barrel, then the Net Margin is $8/bbl.
Botswana also has an expected GDP of 6% per annum and it is expected that the current fuel demand for both petrol and diesel products will increase by 44% by the end of 2025. Botswana does not have any petrol reserves on its soil and has to import all petroleum demand in refined form from South Africa.
However, the Botswana pula is stronger than the South African Rand which allows it to contain prices. Despite this, both petrol and fuel are heavily subsidised by the Botswana Government and the price of fuel in Botswana is significantly lower than in South Africa.
In May 2013, the Namibian Government announced that oil had been discovered in the Walvis Bay Basin. Although millions of dollars have been spent in exploration drilling, there is no oil production to date.
Although this marks the beginning of the Namibian Oil industry, the country does not officially have any petrol reserves on its soil and has to import all petroleum demand in refined form from neighbouring South Africa. .
Due to the fact that the Country does not have connections to regional petroleum pipes, it also has to depend entirely on South Arica regarding its route and supply source perspective. This has created a challenge to secure a more cost effective alternative fuel supply
Zambia's overall petroleum needs are supplied through imports as the country does not have any established reserves of crude oil. The petroleum industry in Zambia is made up of TAZAMA Pipelines, which is owned by the Governments of Zambia and Tanzania; Indeni Refinery, which is jointly owned by the Government of Zambia and an international oil company, Total Outre mer; and the Ndola Fuel Terminal, which is also owned by the Government of Zambia.
Lesotho and Swaziland have seen an average increase in their respective fuel prices, year on year, of 8%. Both countries import all their fuel from neighbouring South Africa and their currencies run on a par with the South African Rand. Fuel prices in both Swaziland and Lesotho are heavily subsidised by the Government and, therefore, have historically been much lower than prices in South Africa.
Managerial Eco Project. It has all the information on Petrol prices in India. In India, the energy sector plays an important role. The growth of our economy is largely dependent on the energy sector.
A very simple presentation on crude oil,important for student to understand the concept of crude oil and its importance in world.how does it impact india.imports bill has improved but export is facing downturn due to sluggish growth of world economy.
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015Jhunjhunwalas
#India #MinistryofStatisticsandProgrammeImplementation Release as on 10th July 2015 #IIP #Finance #JhunjhunwalasFinance
For more informative posts click: https://www.linkedin.com/company/jhunjhunwalas
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...Jhunjhunwalas
#ExchangeRatesofForeign #Currency relating to #Import #Export of Goods from March to June 2015
#ForeignCurrency #Dollar #Kroner #EURO #Franc #Dirham #Dinar #Yen #Shilling #Rand #Riyal #Exchange #Rupee #IndianRupee #Finance #JhunjhunwalasFinance
For more informative posts click:
www.linkedin.com/company/jhunjhunwalas
Lesotho and Swaziland have seen an average increase in their respective fuel prices, year on year, of 8%. Both countries import all their fuel from neighbouring South Africa and their currencies run on a par with the South African Rand. Fuel prices in both Swaziland and Lesotho are heavily subsidised by the Government and, therefore, have historically been much lower than prices in South Africa.
Managerial Eco Project. It has all the information on Petrol prices in India. In India, the energy sector plays an important role. The growth of our economy is largely dependent on the energy sector.
A very simple presentation on crude oil,important for student to understand the concept of crude oil and its importance in world.how does it impact india.imports bill has improved but export is facing downturn due to sluggish growth of world economy.
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015Jhunjhunwalas
#India #MinistryofStatisticsandProgrammeImplementation Release as on 10th July 2015 #IIP #Finance #JhunjhunwalasFinance
For more informative posts click: https://www.linkedin.com/company/jhunjhunwalas
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...Jhunjhunwalas
#ExchangeRatesofForeign #Currency relating to #Import #Export of Goods from March to June 2015
#ForeignCurrency #Dollar #Kroner #EURO #Franc #Dirham #Dinar #Yen #Shilling #Rand #Riyal #Exchange #Rupee #IndianRupee #Finance #JhunjhunwalasFinance
For more informative posts click:
www.linkedin.com/company/jhunjhunwalas
Introduction to #rbi #reserve bankofindia along with #india #policyrates updateJhunjhunwalas
Introduction to #RBI #ReserveBankofIndia along with #PolicyRates Update
#IndiaCentralBank #RepoRate #ReverseRepoRate #CRR #CashReservesRatio #SLR #StatutoryLiquidityRatio #BankRate #IndiaBankingData #JhunjhunwalasFinance
For more Informative post click :
https://www.linkedin.com/company/jhunjhunwalas
India s index of eight core industries from june to december 2014Jhunjhunwalas
#India’s Index of #EightCoreIndustries for the month of December 2014 stands at 172.70 which is at +2.40% compared to the same period last year.
The Eight Core Industries comprise nearly 38 % of the weight of items included in the Index of Industrial Production (IIP).
#IndustrialIndex #IndiaIndustrialData #IndiaEconomicData #Coal #CoalProduction #CrudeOil #CrudeOilProduction #NaturalGas #NaturalGasProduction #PetroleumRefinery #PetroleumRefineryProduction #Fertilizers #FertilizersProduction #IndiaFertilizers #ChemicalFertilizers #IndiaSteelProduction #Steel #Cement #CementProduction #IndiaCement #IndiaEletricityGeneration #EnergyProduction #IndiaIndustrialProduction #IndustrialOutput #JhunjhunwalasFinance
For more Informative post click :
https://www.linkedin.com/company/jhunjhunwalas
An Introduction to #Finance
#FinancialLiteracy #Equity #Shares #CapitalMarkets #FinancialMarkets #CapitalStructure #WorkingCapital #PublicFinance #CorporateFinance #JhunjhunwalasFinance
For more informative posts click:
https://www.linkedin.com/company/jhunjhunwalas
#India's Per capita availability of #FoodGrains from 2009 to 2013 ( provisional )
#IndiaFoodGrain #PerCapitaFoodGrain #FoodConsumption #Food #Grain
For more Informative posts click : http://www.linkedin.com/company/jhunjhunwalas
India's UREA Trade on 2013-14 and 2014-15 up to November 2014.Jhunjhunwalas
#India's #UreaTrade update for2013-14 and 2014-15 up to November 2014.
#Fertilizer #UreaProduction #Urea #UreaConsumption #UreaImports #IndiaFertilizerData #ChemicalFertilizer
For more Informative posts click : http://www.linkedin.com/company/jhunjhunwalas
#FII #ForeignInstitutionalInvestors investing in #IndiaStockExchange during 2014-15 till 27th November 2014 stood at Rs. 1,84,757 Crore in #INR #IndiaRupee
#FPI #ForeignPortfolioInvestors #GlobalInvestors
#InternationalInvestments #IndiaInvesting #IndiaFDI #FDI #ForeignDirectInvestments
For more Informative posts click : http://www.linkedin.com/company/jhunjhunwalas
#India's #RiceTrade update during April to September 2014.
#IndiaRiceExports #Rice #BasmatiRice #NonBasmatiRice #RiceExports
For more Informative posts click :
http://www.linkedin.com/company/jhunjhunwalas
India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...Jhunjhunwalas
#IndiaCurrency #ExchangeRate of 19 Foreign Currencies relating to #Imported and Export Goods from October to December 2014.
Latest exchange rate released on 19th December 2014 with effect from 19th December 2014.
#Import #Export #Goods #ImportExport #ImportedGoods #ExportGoods #ForeignCurrency #ForexRate #ForeignTrade #InternationalTrade #InternationalCurrencyExchangeRate
#IndiaGlobalTrade
For more Informative post click:
https://www.linkedin.com/company/jhunjhunwalas
India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014Jhunjhunwalas
#India’s Consumer Price Inflation and Wholesale Price Inflation Update for 2014.
#India’s #CPI #ConsumerPriceIndex for December 2014 stood at 5.00% while India’s #WPI #WholesalePriceIndex for December 2014 stood at 0.11%
#IndiaInflationData #IndiaInflationIndex #RetailInflation #IndiaMonthlyInflation #IndiaEconomicData #Inflation #JhunjhunwalasFinance
For more Informative post click:
https://www.linkedin.com/company/jhunjhunwalas
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
8. #India's#FuelPrices Update for#Petrol #Diesel and#JetFuel Price in #Delhi #Kolkatta #Mumbai #Chennai
Here is the price change listof Petrol andDiesel inFourMetro Citiesof Indiaw.e.f.midnightof 16th January2015
and 17th January2015 withprice change listforJetFuel inFour Metro Citiesof Indiaw.e.f frommidnightof 31st
December2014 and 1st January2015.
#JetFuel isa#Colorless#Combustible straight-run#PetroleumDistillateLiquid.Itsprincipal usesare as#JetEngineFuel
#AviationFuelPrice , w.e.f - Witheffectfrom.
#Fuels#PetrolPrices#DieselPrices#Gasoline #GasolinePrices#GasPrices#EssentialOil#Fuels#OilPrices#ATF
#AviationTurbineFuel #JetFuelPrice #DomesticAirlines
For more Informative postsclick:
https://www.linkedin.com/company/jhunjhunwalas
9. Press Releases:
Petrol and Diesel Price change NewDelhi, December15, 2014
IndianOil CorporationLtd.hasdecidedtoeffectthe followingprice changesw.e.fmidnightof 15th December/16th
December'14
· Decrease inRetail SellingPrice of Petrol byRs.2.00 /litre atDelhi (includingstate levies)withcorresponding
decrease inotherstates.
· Decrease inRetail SellingPrice of Diesel (Retail) byRs.2.00 /litre atDelhi (includingstate levies) withcorresponding
decrease inotherstates.
The pricesof Petrol andDiesel were lastreviseddownwardsw.e.f.1stDecember'14by Rs.0.91/ litre andRs. 0.84/
litre respectively(includingstate leviesatDelhi) onthe backof declininginternational oil prices.
Since the above price changes,the international pricesof bothPetrol andDieselhave continuedtobe ona
downtrend.The INR-USDexchange rate hashoweverappreciatedsince the lastprice change.The combinedimpact
of boththese factorswarranta decrease inRetail SellingPricesof bothPetrol andDiesel.
The movementof pricesininternational oil marketandINR-USDexchange rate shall continue tobe closely
monitoredanddevelopingtrendsof the marketwill be reflectedinfuture price changes.
Petrol and Diesel Price change Share on email Email Print ; New Delhi, November 30, 2014
Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 30th
November'14 / 1st December'14
• Decrease in Retail Selling Price of Petrol by Rs. 0.91 /litre at Delhi (including state levies) with
corresponding decrease in other states.
• Decrease in Retail Selling Price of Diesel (Retail) by Rs. 0.84 /litre at Delhi (including state levies) with
corresponding decrease in other states.
The prices of Petrol and Diesel were last revised downwards w.e.f. 1st November'14 by Rs. 2.41/ litre and
Rs. 2.25/ litre respectively (including state levies at Delhi) on the back of declining international oil prices.
Since the above price changes, the international prices of both Petrol and Diesel have continued to be on a
downtrend. The INR-USD exchange rate has however appreciated since the last price change. The
combined impact of both these factors warrant a decrease in Retail Selling Prices of both Petrol and Diesel.
The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely
monitored and developing trends of the market will be reflected in future price changes
Petrol and Diesel Price Change : New Delhi , 31st October 2014
Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 31st
October'14/ 1st November'14
• Decrease in Retail Selling Price of Petrol by Rs. 2.41 /litre at Delhi (including state levies) with
corresponding decrease in other states.
10. • Decrease in Retail Selling Price of Diesel (Retail) by Rs. 2.25 /litre at Delhi (including state levies) with
corresponding decrease in other states.
The price of Petrol was last revised downwards w.e.f. 15th Oct'14 by Rs. 1.21/ litre (including state levies at
Delhi) on the back of declining international oil prices.
As for Diesel prices, the Government decided to make Diesel prices market determined for all consumers
on 18th October, 2014. Subsequently, w.e.f 19.10.2014, based on prevailing level of international prices
and INR-USD exchange rate, the selling price of Diesel in domestic market was reduced by Rs. 3.37/ litre
(including state levies at Delhi) with corresponding decrease in other states.
Since the above price changes, the international prices of both Petrol and Diesel have continued to be on a
downtrend. The INR-USD exchange rate has appreciated slightly since the last price change. The combined
impact of both these factors warrant the said decrease in Retail Selling Prices of Petrol and Diesel.
The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely
monitored and developing trends of the market will be reflected in future price changes.
Petrol Price Change w.e.f midnight of 14th / 15th Oct'14
Petrol prices were last revised w.e.f 1st Oct'14 when Retail Selling Price was reduced by Rs 0.65/litre
(including VAT) at Delhi with corresponding decrease in other states. This reduction was mainly on the back
of a declining trend in international petrol prices.
Since last price change, international petrol prices have continued to show a downward trend. However,
the INR-USD exchange rate has depreciated. Despite INR-USD depreciation, the fall in international oil
prices warrant a decrease in selling price of petrol in the domestic market. Thus a downward revision in
selling price of petrol by Re 1.00 /litre (excluding state levies) is being effected from midnight of 14th/15th
Oct'14. With this price revision, Retail Selling Price at Delhi shall decrease by Rs 1.21/litre (including VAT),
with corresponding decrease in other states.
Diesel (Retail) Price Change w.e.f midnight of 18/19 Oct'14
On 18.10.14, the Government has decided to make the price of Diesel market determined at both Retail
and Refinery Gate level for all consumers wef midnight of 18/19th Oct14. Henceforth, Oil Marketing
Companies (OMCs) are free to determine selling prices of the product in the domestic market.
The International oil prices have been on a steady and steep decline in the last few weeks. The falling
international prices of Diesel warrant a decrease in selling price of Diesel in the domestic market. Thus a
downward revision in selling price of Diesel is being effected w.e.f midnight of 18/19th Oct'14.
With this price revision, RSP at Delhi of Diesel shall decrease by Rs 3.37/litre (including VAT), with
corresponding decrease in other States.
The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely
monitored and developing trends of the market will be reflected in future price changes in Diesel prices.
The existing and proposed selling prices and reduction thereof in prices being effected for the four metros
is given below :