![In Weak Spirit](https://images.assettype.com/fortuneindia%2F2023-10%2F6fa9c07e-1c67-4792-8698-21d3ca843ec6%2FMacroscope_1__2_.jpg?w=300&q=95)
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.