Global LNG prices jump 6%: Is India's gas affordability under pressure
The global energy sector is currently undergoing major upheavals that have pushed LNG prices and transport expenses to new heights. Indian oil marketing firms are suffering marked losses on petrol and diesel due to the surge in crude procurement costs. Though there has been a rebound in Middle Eastern crude exports, lingering supply chain challenges remain.
Key Takeaways
- The global energy sector is currently undergoing major upheavals that have pushed LNG prices and transport expenses to new heights.
- Indian oil marketing firms are suffering marked losses on petrol and diesel due to the surge in crude procurement costs.
- Though there has been a rebound in Middle Eastern crude exports, lingering supply chain challenges remain.
The global energy sector is currently undergoing major upheavals that have pushed LNG prices and transport expenses to new heights. Indian oil marketing firms are suffering marked losses on petrol and diesel due to the surge in crude procurement costs. Though there has been a rebound in Middle Eastern crude exports, lingering supply chain challenges remain.
Original Publisher Attribution
This summary was curated from Times of India.