Since June 2014, the Brent Crude price has fallen to $97 per barrel from $113 per barrel. This fall in price was attributed to several reasons such as...
The Government of India has historically subsidized energy with the objective of protecting consumers from international price volatility and providing energy access for its citizens, especially the poor....
The dismantling of the APM was followed by National Exploration License Policy 1997, which became effective in February, 1999. Since then licenses for exploration are being awarded only...
India has a complex and heterogeneous gas pricing system mainly composed of two pricing regimes viz. APM (Administrative Price Mechanism) and non-APM (aka. free market gas). The APM...
The mechanism for oil bonds was devised in 2005-06. The oil bonds issued by the government typically have maturities of ranging between 5-7 years, although maturities can be...
From 1970s to 2002, there was an Administered Price Mechanism (APM) system in place in oil sector. Under this system, the oil and gas sector was controlled at...
The collapse of the OPEC administered pricing system in 1986-1988 ushered in a new era in oil pricing in which the power to set oil prices shifted from...
The world oil prices were first administered by the large multinational oil companies in the 1950s and 1960s in the name of a 1927 Red Line agreement and...
