Monday, August 2, 2021
Education Punjab First 728

English Medium 728

Pre Primary 728

Farmers Compensation 728

Farmers Income 728

DSGMC 728

400 August

Pension 1500 gif

Shaheed 50 lakh gif

Kisan Karza 5.64 lakh gif

Kisan 48 hours gif

Ashirwad 51000 gif

Sohna Markfed

Innocent Admission

‘Petrol, diesel prices may shoot up by Rs 5-6 a litre’

- Advertisement -

Mumbai, Sep 16, 2019-

Following the largest ever-disruption of crude production in Saudi Arabia amid drone attacks on its key facilities, prices of petrol and diesel in India may shoot up by Rs 5 to 6 a litre in next fortnight, experts said on Monday.

A recent report by Kotak said that in light of the sharp rise in international crude oil prices, Indian oil marketing companies (OMCs) may increase the retail price of diesel and gasoline by Rs 5 to 6 per litre in the following fortnight.

Oil prices soared as much as 20 per cent to above $71 a barrel as markets reopened after a major attack on Saudi Arabia’s oil infrastructure.

The attack immediately erased out 5.7 million barrels.”These attacks resulted in production suspension of 5.7 million barrels of crude oil per day,” Saudi Aramco said in a statement.

Oil prices, experts said, could spike in the next several days as a result of the attack on Saudi Aramco, the second-largest oil producer in the world.

Meanwhile, US President Donald Trump, in a tweet, said: “Saudi Arabia oil supply was attacked. There is reason to believe that we know the culprit, are locked and loaded depending on verification, but are waiting to hear from the Kingdom as to who they believe was the cause of this attack, and under what terms we would proceed!”

The drone attacks claimed by Yemen’s Houthi rebels set alight two major oil facilities run by Aramco on Saturday, the Kingdom’s Interior Ministry said.

The Saudi Press Agency, citing a statement by the Ministry, said that the drones caused the fire at the refinery in the city of Abqaiq in the Kingdom’s oil-rich Eastern Province, as well as the blaze at the Khurais oil field, around 150 km from Riyadh.  (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
111,961FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Chinese Space Programme

The worrisome Chinese space programme – by Asad Mirza

Most countries around the world whether big or small, developed or developing, pursue a space programme of their own or in collaboration with advanced...
Himachal Landslide 25July21

Recurring Land Slides and Flood-damage in Hill States: Need for Long Term Solutions – by KK Kapila

The recent incidents of landslides, cloudburst, flooding and falling rocks in the hill states of Himachal Pradesh, Uttarakhand and Jammu & Kashmir resulting in...
Delhi Police Security

Effective policing is the foundation of internal security – by DC Pathak

An important lesson drawn by India from the ongoing pandemic is that strict crime control and maintenance of law and order are needed to...

SPORTS

Health & Fitness

Diabetes Written

This ‘leafy’ solution to diabetes has many takers

Prayagraj (Uttar Pradesh), Aug 1, 2021- There is no qualified research to prove it but people claim that they have benefitted and now swear by it. The leaves of the African bitter leaf tree/plant are said to have helped people reduce their blood sugar levels. Gopal Tiwari, 72, is now popularising the benefits of the leaves by regularly distributing them to...

Gadgets & Tech

error: Content is protected !!