In Weak Spirit
Ethanol futures dropped to $2.11 per gallon, marking the lowest level since February 2022, owing to production expansion, adjusted blending mandates, and increased stockpiles.
Ethanol futures dropped to $2.11 per gallon, marking the lowest level since February 2022, owing to production expansion, adjusted blending mandates, and increased stockpiles.
IOC, led by chairman Sanjiv Singh, is transforming itself into a ‘complete energy’ firm by investing heavily in alternative fuels as challenges from e-vehicles and tighter emission norms grow.