Topic
price cut
Commodities Jet fuel prices cut to Rs 110/litre: Will airfares get cheaper?
Jet fuel prices have been cut to Rs 110 per litre, as reported by Business Today. The reduction could lower airline operating costs, but the source provides no details on the date, previous price, or underlying market factors. Commodity traders and analysts track jet fuel as a key derivative of crude oil.
Commodities Saudi Arabia slashes August crude prices for Asia by $11 a barrel in biggest cut in over 20 years
Saudi Arabia has slashed its official selling price for August crude oil deliveries to Asia by $11 per barrel, marking the largest cut in over two decades, according to a Times of India report.
Commodities Saudi Arabia Slashes Crude Prices by $11/Barrel, Deepest Cut in 26 Years
Saudi Arabia cut its crude oil prices by $11 per barrel for August, the deepest single-month reduction in 26 years, amid rising OPEC+ output and resumption of flows through the Strait of Hormuz. The discount on Arab Light Crude follows a $6/barrel cut for July, and brings prices back to pre-war levels. Brent crude futures fell 47 cents to $71.7 a barrel, while OPEC+ agreed to further increase output by 188,000 bpd from August.
Commodities Crude Oil Plunges to Pre-War Levels on US-Iran Ceasefire, India Fuel Price Cut in Doubt
Global crude oil prices have crashed to a four-month low, hovering around $70 per barrel amid the US-Iran ceasefire and reopening of the Strait of Hormuz. While this has sparked expectations of petrol and diesel price cuts in India, experts say a reduction is unlikely soon due to government fiscal priorities and the need for oil marketing companies to recover past losses.
Commodities Nayara Energy cuts petrol by Rs 5/litre and diesel by Rs 3/litre in first fuel price reduction in over 2 years
Nayara Energy, India's largest private fuel retailer, reduced petrol and diesel prices by Rs 5 and Rs 3 per litre respectively, marking the first retail fuel price cut in over two years. The move follows easing Middle East tensions and lower global crude prices. State-run retailers IOC, BPCL, and HPCL have not matched the cuts.
Technology Bambu Lab H2D 3D Printer Gets Major Price Cut, Smashes Workshop Tests
The Bambu Lab H2D flagship 3D printer has been reduced to $2,119.99 (from $2,429.99) and £1,649 in the UK. TechRadar's extensive testing rated it the top-performing model, praising its IDEX system, large build volume, optional laser modules, and AI Spatial Alignment. The price cut is part of Bambu Lab's 4th anniversary sale.
Logistics Transporters Urge Fuel Price Cut Amid Crude Oil Drop
The All India Motor & Goods Transport Association (AIMGTA) has called on the Indian government to reduce petrol and diesel prices following a drop in crude oil prices to $90 per barrel. This move aims to alleviate pressure on transport operators and reduce logistics costs.
Manufacturing Tesla Cuts Model Y Price in India to Boost Demand
Tesla has reduced the price of its Model Y in India by up to Rs 9 lakh, aiming to boost demand in a market where high prices have limited its appeal. The move positions the Model Y closer to mass-market premium vehicles, potentially widening Tesla's customer base.
Commodities CCI resumes cotton sale, cuts prices by ₹2,300
Read the full story for in-depth analysis.