Dark cars absorb more heat, forcing the AC to work harder in summer. This extended cooling cycle cuts fuel efficiency by 2 per cent, making black cars slightly more expensive to run.

Dark cars absorb more heat, forcing the AC to work harder in summer. This extended cooling cycle cuts fuel efficiency by 2 per cent, making black cars slightly more expensive to run.

Do dark-coloured cars burn more fuel for AC in summer?

There has been no decline in crude oil imports from Russia, and India is not facing a shortage of petrol, diesel or LPG, sources in the oil marketing company (OMC) &nbsp;told ANI on Thursday (May 21). This comes amid concerns over possible global supply disruptions triggered by escalating tensions in West Asia. The sources added that India continues to maintain a surplus of petroleum products, while some retail outlets are witnessing higher fuel sales due to seasonal demand and market-driven pricing changes. "There is no shortage of petrol/diesel/LPG as India is a net exporter and surplus in petroleum products," OMC sources said. On crude oil imports, the sources said supplies from Russia remain stable despite global geopolitical tensions. "There is no reduction in crude oil coming from Russia," the sources said. According to the sources, the spike in sales at certain fuel stations is being fuelled by several factors, including increased diesel consumption during the harvesting season. They also noted that more consumers are turning to state-run fuel retailers as some private oil marketing companies are charging higher prices for fuel. "There is also a shift from private OMCs who are retailing at a Rs 5 per litre higher price," the sources added. It noted that the migration of institutional and commercial buyers is another reason behind the increase in sales at public sector fuel stations, where fuel prices are higher due to alignment with international rates. "There is also a shift from institutional/commercial sales, which are priced around Rs 20 per litre higher than the actual international price," the sources also said.&nbsp;Also read: <a href="https://www.wionews.com/world/why-did-india-abstain-from-voting-on-the-un-climate-change-resolution-1779353129727">Why did India abstain from voting on the UN climate change resolution?</a><h3>Indian Oil Corporation Ltd (IOCL) on fuel availability</h3>Meanwhile, Indian Oil Corporation Ltd (IOCL) assured that its supply locations and field teams are consistently working to ensure the availability of adequate fuel across the country amid the rise in demand at retail outlets. "Our supply locations and ground teams are working tirelessly in close coordination to ensure sufficient product availability at our retail outlets in the country. We urge customers to refuel their vehicles as per normal requirement," IOCL said in a post on X. The company stated that it remains firm in maintaining continuous fuel supplies despite pressure on logistics due to a transformation in demand patterns. "We are committed to maintaining smooth supply chain logistics for Petrol &amp; Diesel. However, with the increase in demand due to the shift from Commercial Sales &amp; Private Petrol Pumps to Retail Outlets, pressure on the logistics has occurred, which our team is trying to address," the company said. IOCL also requested consumers not to panic while buying and asked them to fuel their vehicles based on their normal requirement.

Fuel station sales are surging due to higher diesel demand during the harvesting season. Additionally, more consumers are choosing state-run retailers over private oil marketing companies, which are currently charging higher prices for their fuel.

There has been no decline in crude oil imports from Russia, and India is not facing a shortage of petrol, diesel or LPG, sources in the oil marketing company (OMC) told ANI on Thursday (May 21). This comes amid concerns over possible global supply disruptions triggered by escalating tensions in West Asia. The sources added that India continues to maintain a surplus of petroleum products, while some retail outlets are witnessing higher fuel sales due to seasonal demand and market-driven pricing changes. "There is no shortage of petrol/diesel/LPG as India is a net exporter and surplus in petroleum products," OMC sources said. On crude oil imports, the sources said supplies from Russia remain stable despite global geopolitical tensions. "There is no reduction in crude oil coming from Russia," the sources said. According to the sources, the spike in sales at certain fuel stations is being fuelled by several factors, including increased diesel consumption during the harvesting season. They also noted that more consumers are turning to state-run fuel retailers as some private oil marketing companies are charging higher prices for fuel. "There is also a shift from private OMCs who are retailing at a Rs 5 per litre higher price," the sources added. It noted that the migration of institutional and commercial buyers is another reason behind the increase in sales at public sector fuel stations, where fuel prices are higher due to alignment with international rates. "There is also a shift from institutional/commercial sales, which are priced around Rs 20 per litre higher than the actual international price," the sources also said. Also read: Why did India abstain from voting on the UN climate change resolution? Indian Oil Corporation Ltd (IOCL) on fuel availability Meanwhile, Indian Oil Corporation Ltd (IOCL) assured that its supply locations and field teams are consistently working to ensure the availability of adequate fuel across the country amid the rise in demand at retail outlets. "Our supply locations and ground teams are working tirelessly in close coordination to ensure sufficient product availability at our retail outlets in the country. We urge customers to refuel their vehicles as per normal requirement," IOCL said in a post on X. The company stated that it remains firm in maintaining continuous fuel supplies despite pressure on logistics due to a transformation in demand patterns. "We are committed to maintaining smooth supply chain logistics for Petrol & Diesel. However, with the increase in demand due to the shift from Commercial Sales & Private Petrol Pumps to Retail Outlets, pressure on the logistics has occurred, which our team is trying to address," the company said. IOCL also requested consumers not to panic while buying and asked them to fuel their vehicles based on their normal requirement.

Fuel station sales are surging due to higher diesel demand during the harvesting season. Additionally, more consumers are choosing state-run retailers over private oil marketing companies, which are currently charging higher prices for their fuel.

Russia oil supplies stable, no shortage of Petrol, Diesel and LPG in India: OMC

The United States on Monday (May 18) announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil, reversing plans ‌not to grant an extension. US Treasury Secretary ​Scott Bessent said that the decison was taken to aid "energy-vulnerable" countries hit by the Iran war,&nbsp;In a post on X, Bessent said that the Treasury was issuing the 30-day general license after a previous waiver lapsed on Saturday. This will allow temporary access to Russian oil and petroleum products stranded on tankers without violating severe US sanctions on Russian oil majors. Bessent had earlier said that there would be no further extension of the Russian oil sanctions waiver was planned. The action marks the second time the Treasury has allowed the sanctions waiver to lapse and subsequently extended it.&nbsp;Also Read: <a href="https://www.wionews.com/world/pm-modi-calls-for-wfh-amid-fuel-crisis-but-can-your-company-say-no-here-s-what-the-law-says-1778768411278">PM Modi calls for WFH amid fuel crisis. But can your company say no? Here's what the law says</a><h2>How will this impact India amid probable fuel crisis?</h2>Interestingly, India on Monday had said that it had been buying Moscow’s crude irrespective of the US waiver, and would continue to do so. Thus, the waiver now makes it easier for Indian refiners to continue with their heavy imports of Russian oil. “Regarding the American waiver on Russia, I would like to emphasise that we have been purchasing from Russia earlier, before waiver also, during waiver also, and now also. So, it is basically the commercial sense, which should be there for the OMCs (oil marketing companies) to purchase (Russian oil),” Petroleum Ministry Joint Secretary Sujata Sharma had said.&nbsp;Also Read: <a href="https://www.wionews.com/world/india-will-continue-buying-russian-oil-regardless-of-us-waiver-lapse-says-senior-official-1779124650871">India will continue buying Russian oil regardless of US waiver lapse</a>&nbsp;Without the waiver, Indian refiners wouldn’t have been able to take deliveries of Russian crude on sanctioned tankers or deal with Russian oil suppliers sanctioned by Washington, as that would have exposed them to the risk of attracting secondary sanctions from the US. According to reports, the quantity of India buying Russian crude has reduced notably as Iran war began. This was after US imposed sanctions on Rosneft and Lukoil and subsequent US-India tariff deal.&nbsp;<a href="https://www.wionews.com/videos/will-fuel-go-back-to-dynamic-pricing-in-india-1778910386736/embed">https://www.wionews.com/videos/will-fuel-go-back-to-dynamic-pricing-in-india-1778910386736/embed</a>&nbsp;&nbsp;In short, India that has hiked fuel prices by around Rs 3 recently after almost in four years, will temporarily escape the double squeeze of constraints in oil flows due to Hormuz blockage as well as Russian oil sanctions.

The US extended for 30 days a sanctions waiver allowing purchases of Russian seaborne oil, citing support for “energy-vulnerable” countries amid the Iran war. The move eases pressure on India, allowing refiners to continue Russian crude imports 

The United States on Monday (May 18) announced another 30-day extension of a sanctions waiver allowing purchases of Russian seaborne oil, reversing plans ‌not to grant an extension. US Treasury Secretary Scott Bessent said that the decison was taken to aid "energy-vulnerable" countries hit by the Iran war, In a post on X, Bessent said that the Treasury was issuing the 30-day general license after a previous waiver lapsed on Saturday. This will allow temporary access to Russian oil and petroleum products stranded on tankers without violating severe US sanctions on Russian oil majors. Bessent had earlier said that there would be no further extension of the Russian oil sanctions waiver was planned. The action marks the second time the Treasury has allowed the sanctions waiver to lapse and subsequently extended it. Also Read: PM Modi calls for WFH amid fuel crisis. But can your company say no? Here's what the law says How will this impact India amid probable fuel crisis? Interestingly, India on Monday had said that it had been buying Moscow’s crude irrespective of the US waiver, and would continue to do so. Thus, the waiver now makes it easier for Indian refiners to continue with their heavy imports of Russian oil. “Regarding the American waiver on Russia, I would like to emphasise that we have been purchasing from Russia earlier, before waiver also, during waiver also, and now also. So, it is basically the commercial sense, which should be there for the OMCs (oil marketing companies) to purchase (Russian oil),” Petroleum Ministry Joint Secretary Sujata Sharma had said. Also Read: India will continue buying Russian oil regardless of US waiver lapse Without the waiver, Indian refiners wouldn’t have been able to take deliveries of Russian crude on sanctioned tankers or deal with Russian oil suppliers sanctioned by Washington, as that would have exposed them to the risk of attracting secondary sanctions from the US. According to reports, the quantity of India buying Russian crude has reduced notably as Iran war began. This was after US imposed sanctions on Rosneft and Lukoil and subsequent US-India tariff deal. https://www.wionews.com/videos/will-fuel-go-back-to-dynamic-pricing-in-india-1778910386736/embed In short, India that has hiked fuel prices by around Rs 3 recently after almost in four years, will temporarily escape the double squeeze of constraints in oil flows due to Hormuz blockage as well as Russian oil sanctions.

The US extended for 30 days a sanctions waiver allowing purchases of Russian seaborne oil, citing support for “energy-vulnerable” countries amid the Iran war. The move eases pressure on India, allowing refiners to continue Russian crude imports&nbsp;

US extends sanctions waiver for Russian crude again: How will this impact India amid fuel crisis?

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Do dark-coloured cars burn more fuel for AC in summer?

Russia oil supplies stable, no shortage of Petrol, Diesel and LPG in India: OMC

US extends sanctions waiver for Russian crude: How will this impact India?