Page 8 - Diesel

Petrol up 35p/ltr for 2nd straight day in Delhi, nears Rs 100 in Chennai

Petrol price increased by 35 paise per litre for the second day in a row in the national capital to Rs take it to Rs 98.46 a litre.

Petrol crosses Rs 100 in Tamil Nadu after steep hike in fuel rates

Petrol price soared past Rs 100-a-litre mark in Tamil Nadu after fuel prices were hiked again on Saturday. Petrol and diesel prices were hiked by 35 paise per litre each - the steepest in recent times, according to a price notification of state-owned fuel retailers. The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a- litre mark. In Delhi, petrol hit an all-time high of Rs 98.11 a litre, while diesel is now priced at Rs 88.65 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges. While petrol had crossed Rs 100-a-litre mark in Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, and Ladakh, several towns in Tamil Nadu including Salem, Vellore and Cuddalore saw that level after the steep price hike. In Chennai, petrol is priced at Rs 99.19 a litre while diesel comes f

BPCL begins doorstep delivery of diesel for customers in Haryana

Bharat Petroleum Corporation Ltd (BPCL) has started doorstep delivery of diesel in Haryana for customers seeking fuel as low as 20 litres

Trade unions protest against fuel price hike, stop vehicles in Kerala

Trade unions on Monday organised a protest in Kerala against the Central government over rising prices of fuel

Petrol crosses Rs 97 in Delhi, diesel nears Rs 88 after another price hike

Petrol price in the national capital crossed Rs 97 a litre and diesel neared Rs 88 after fuel prices were raised yet again. Petrol price was hiked by 29 paise per litre and diesel by 28 paise, according to a price notification of state-owned fuel retailers. The hike -- 27th in seven weeks -- pushed fuel prices across the country to new historic highs. In Delhi, petrol hit an all-time high of Rs 97.22 a litre, while diesel is now priced at Rs 87.97 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. And because of this, petrol retails at over Rs 100 per litre mark in eight states and union territories -- Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir and Ladakh. Among the metros, petrol is already above Rs 100 in Mumbai, Hyderabad and Bengaluru. In Mumbai, petrol now costs Rs 103.36 a litre and diesel comes for Rs 95.44. Sri Ganganagar district of Rajasthan n

Higher-fuel prices: Oil Minister says Congress-ruled states must cut taxes

With petrol and diesel prices climbing to record high, Oil Minister Dharmendra Pradhan asked Cong governments to cut sales tax but did not say if BJP-ruled states would do the same.

Dieselgate: VW will get $351 mn in settlement with former executives

The settlement marks a major milestone in Volkswagen's efforts to turn a page on its biggest ever corporate scandal

Start-up Infinity Greenfield set to produce diesel from plastic plant

Infinity Greenfield, a start-up, is setting up a similar plant in Moradabad in western UP to produce diesel from polyethylene and pol­yp­ropylene plastic

Petrol crosses Rs 95 a litre in Delhi, above Rs 100 mark in six states

Petrol price on Sunday crossed Rs 95 a litre in Delhi and diesel breached Rs 86 per litre mark for the first time ever as fuel prices were hiked again. Petrol price was increased by 21 paise per litre and diesel 20 paise a litre, according to a price notification of state-owned fuel retailers. The hike - 20th since May 4 - took fuel prices across the country to a historic high. Petrol is now above Rs 100 per litre mark in six states and union territories - Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana and Ladakh. In Delhi, petrol hit an all-time high of Rs 95.09 a litre, while diesel is now priced at Rs 86.01 per litre. Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. Retail prices have risen after an increase in international oil prices on investors' optimism that improving demand and a dwindling supply glut may mean the market can absorb any additional production from OPEC and its allies. Brent

India's fuel demand plunges in May amid Covid-19 lockdowns, show data

Daily petrol sales in May fell by about 19% from April while diesel consumption, which is linked to industrial activity and accounts for over two-fifths of India's fuel demand, fell by 19.9%

Fuel prices continue northward march; petrol and diesel again get costlier

After hitting new highs a day earlier, fuel prices rose once again. Petrol rates crossed Rs 100 a litre mark in several cities across the country

India's oil industry struggles to predict demand recovery in pandemic

Diesel and gasoline, which account for more than half of oil consumption in India, are bearing the brunt of lockdowns.

Wholesale inflation soars to 10.49% in April on higher fuel prices

Prices of primary articles were up 10.16% in April from -1.08 per cent a year ago; little scope for rate cuts, say experts

Petrol, diesel prices revision maintain pause as OMCs weigh options

Fuel prices in the country remained unchanged on Monday as oil marketing companies decided to wait and watch the situation prevailing in the global oil markets for some more time

Petrol and diesel prices remain unchanged; revisions expected next month

Oil marketing companies decided to wait for state elections to get over before restarting daily revision of petrol and diesel prices in line with price movement globally

Petrol price cut by 21 paise, diesel by 20 paise for second consecutive day

Petrol now costs Rs 90.78 per litre in Delhi and a litre of diesel comes for Rs 81.10

India's diesel sales rise 7.4% to 2.84 million tonnes in early March

Indian state fuel retailers' diesel sales rose 7.4% in the first fortnight of March from a year earlier to 2.84 million tonnes, preliminary industry data showed

Venezuela rations diesel supply to truckers as fuel shortages worsen

Venezuelan state oil company Petroleos de Venezuela has begun rationing diesel to truckers, sources said, as low domestic refining output and scarce imports amid US sanctions squeeze fuel supplies

Petrol price can come down to Rs 75 if brought under GST, says report

'There is lack of political will to bring crude under the ambit of GST,' say economists at SBI

Govt considering reduction in excise duties on petrol, diesel: Report

Finance Ministry may take a final call on fuel tax cut following Opec's meeting this month, say sources