Gully Analytics

Ignoring Economic Pressure, Petroleum Products Consumption Set for Strong Growth in 2024 Petroleum products consumption in India is set for strong expansion in 2024. As

WTI crude price closed the week ending 1 November at $69.49/BBL level, 3.2% lower on weekly basis. On both weekly & daily basis, we do

Brent Crude Price to Trade between $70-$80/BBL in Near Term On both weekly and daily time frame, Brent crude price is not showing any clear

HPCL Scouts for LNG Deals, Hopes to Start LNG Terminal by Dec (By Energy World, 30 July 2024) HPCL is scouting for LNG import deals

India: India Slashes Crude Oil Imports by 5.1%, Ramps Up Processing Amid Global Price Surge (By Energyworld, 19 July 2024) In a strategic shift responding

India: Soaring LNG Prices Threaten India’s Energy Security (By Policy Circle, 19 June 2024) India’s gas-based power generators require LNG at approximately $5 per MMBtu