Fuel Prices News
OMCs are projected to see operating profit drop to $12-14 per barrel in fiscal 2025 from $20 per barrel last fiscal.
Punjab has raised the price of petrol by 61 paise and diesel by 92 paise per litre. This decision came out of a cabinet meeting led by Chief Minister Bhagwant Mann.
India imports over 85 per cent of its crude oil requirement and a substantial spike in global oil prices could raise the country’s oil import bill.
As the 2024 general elections approach, the Modi government may slash petrol and diesel prices by up to ₹10 per litre next month.
The current dip in international crude oil prices is a key factor influencing the decision to cut fuel prices in India.
Prime Minister Narendra Modi led NDA government is planning to give a big relief to the common people in view of the Lok Sabha elections to be held in 2024.
From February 5, Europe will ban imports of diesel fuel and other products made from crude oil in Russian refineries.
The Congress' Pune city unit protested outside the regional office of Hindustan Petroleum Corporation Ltd (HPCL) and gave a memorandum to officials.
Petrol costs Rs 96.72 per litre in Delhi.
Diesel costs Rs 89.62 per litre in Delhi.
Petrol costs Rs 96.92 per litre in Noida.
India's fuel demand rose 6.1% y-o-y in July, as per PPAC.
Cooking gas or LPG sales increased by 1.7%.
Gasoline or petrol sales were 6.8% higher from last year.
The government has given another big blow to the inflation-stricken people in Bangladesh. Last night, the prices of petrol-diesel were increased by 51.7 percent.
Airline tickets will go up "without doubt" as fuel costs rise, warns IATA chief
Domestic and international air fares in India have witnessed a surge
The fallout from the war in Ukraine has pushed prices up further
The solar-powered electric cars seem to be based on a Maruti Suzuki 800
The car has been modified to accommodate the solar panels
Bilal has been working on the project for 13 years
Petrol was priced at Rs 96.72 per litre in Delhi on June 12.
Diesel was retailing at Rs 89.62 in the national capital.
Petrol and diesel prices in Mumbai stood at Rs 111.35 per litre and Rs 97.28 per litre, respectively.
Petrol was priced at Rs 96.72 per litre in Delhi and Rs 111.35 per litre in Mumbai.
Diesel was priced at Rs 89.62 in Delhi and Rs 97.28 in Mumbai.
In India, fuel costs are determined by worldwide crude oil prices and the rupee-dollar exchange rate.
BJP has given a fresh ultimatum to the West Bengal govt
The party has asked it to 'cut taxes on fuel in 15 days'
It has also warned of protests in Bengal
Nadda welcomes the Centre`s decision to lower the prices of petrol and diesel in order to give relief to common citizens reeling under record inflation.
Anurag Thakur expressed hope that all the states will also reduce taxes on fuel prices.
Rahul Gandhi compared fuel prices and asked the govt to 'stop fooling people'.
Congress spokesperson accused Modi govt of being 'high on political gimmick'.
Centre slashed rates of petrol and diesel yesterday.
Petrol and diesel prices fell in cities across the country on Sunday (May 22) after Centre's decision to cut excise duty on fuel
Rajasthan and Kerala have also reduced VAT on fuel to provide relief to consumers
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