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PETROLEUM NEWS -

PSU oil firms to lose Rs 1,80,000 cr in revenue MRPL to sell about 250,000 tons of diesel to Iran Reliance Industries Ltd to sell its petroleum products Opec loses its grip on oil prices Lundin Petroleum to drill 2 exploration wells Gasoline hits $3.65; oil tacks on 16 more cents more news>> Click Here for latest International news For Daily Updates of petroleum News by e-mail New User Register Yourself .
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Budget 2008-2009

Announced on 29th Feb 2008

PETROLEUM PRODUCTS

Greases

C9

Bitumen

ACTS & CONTROL ORDERS
The Petroleum Act, 1934 The Petroleum Rules, 1976 Energy Conservation Acts, 2001 Petroleum Products Order, Pollution Controls acts & Measures The Essential Commodities Act 1955 The Naphtha Order 2000 Oil Fields Act, 1948 Maharshtra Kerosene licensing 2005 Railway Budget 2006-2007 General Budget 2006-2007

REPORTS
City Gas Distribution Auto Fuel Policy Sundarajan committee Rpt. R-Group Report Nirmal Singh Committee Hydrocarbon Vision 2025
COMPANY WATCH

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ENERGY PRICE CHART
PETROLEUM($bbl)	Price	Change
Nymex Crude	125.96	2.27
Dated Brent $	124.56	2.77
WTI Cushing $	125.96	2.27
Heating Oil	363.60	12.62
Nymex Gasoline	320.12	6.34

Furnace Oil Futures
and Options Trading

.

FUTURE INDEX
Name	Open		High	Low	Settle	Change
Light Crude (NYM) mar.07($US/bbl.)	125.96		126.05	124.50	125.96	2.27
Brent Crude (IPE) mar.07 $US/bbl.)	-		-	-	-	-
Heating oil (NYM) mar.07($US/gal.)	3.64		3.58	3.58	3.58	3.64
Natural gas (NYM) mar.07 ($US/ mmbtu)	11.54		11.53	11.34	11.54	0.27
Unleaded gas (NYM) feb.07($US/gal.)	3.20		3.19	3.17	3.20	0.06

DAILY BUNKERS PRICES (380 CST)

MARKET

LOW

HIGH

CHANGE

Fujairah

$572.00

$573.00

$0.00

Gibraltar

$551.00

$555.00

-$2.00

Houston

$553.00

$558.00

$4.00

Los angeles

$560.00

$570.00

$0.00

Panama

$568.00

$569.00

$4.00

Rotterdam

$537.00

$537.00

$0.00

Singapore

$566.00

$571.00

$6.00

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