Page 18 - Fuel Prices
Fuel prices linked to global rates; Centre, states have to handle: FM
Petrol and diesel prices on Tuesday surged to all-time high levels as rates were increased again after international oil prices hit the highest mark since 2014
 "Fuel prices linked to global rates; Centre, states have to handle: FM")
Substantial increase in fuel prices on cards as crude crosses $82 a barrel
The petrol price in Delhi rose to its highest-ever level of Rs 102.64 a litre and to Rs 108.67 in Mumbai, according to a price notification of state-owned fuel retailers
 "Substantial increase in fuel prices on cards as crude crosses $82 a barrel")
MP: Diesel crosses Rs 100 per litre-mark, petrol over Rs 111 in Bhopal
Meanwhile, state Congress spokesman Anurodh Jain demanded that the VAT on petrol and diesel be brought down immediately to provide relief to people
 "MP: Diesel crosses Rs 100 per litre-mark, petrol over Rs 111 in Bhopal")
Petrol, diesel prices rise again amid volatility in global oil market
The prices of petrol and diesel rose simultaneously again on Tuesday amidst volatility in the global oil prices with benchmark crude increasing to above $80 a barrel.
 "Petrol, diesel prices rise again amid volatility in global oil market")
Petrol, diesel price rise on hold after 4 consecutive days of hike
Petrol and diesel prices remained unchanged on Monday after the pump prices of both fuels rose simultaneously for four consecutive days taking up its retail rates by over Rs 1 per litre
Petrol, diesel prices rise for 4th day amid volatility in oil market
Petrol and diesel prices rose simultaneously for the fourth day running on Sunday amid volatility in global oil prices with benchmark crude remaining at a high level of over $ 79 a barrel.
Petrol, diesel prices rise to new record highs as rates hiked again
Petrol and diesel prices soared to new record highs across the country on Saturday after rates were hiked again by 25 paise and 30 paise a litre, respectively. The price of petrol in Delhi rose to its highest ever level of Rs 102.14 a litre and to Rs 108.19 in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates too touched a record high of Rs 90.47 in Delhi and Rs 98.16 a litre in Mumbai. Prices differ from state to state depending on the incidence of local taxes. The price hike follows international oil prices soaring to near three-year high as global output disruptions forced energy companies to draw more crude oil out of their stockpiles. The basket of crude oil India imports has averaged USD 78 per barrel in last few days. The fourth increase in its rates this week has sent petrol prices above Rs 100 in most major cities of the country. Similarly, the seventh increase in prices in nine days has shot up diesel rates above Rs 100 mark in sever
CNG, PNG prices hiked in Delhi, other markets: Check details here
IGL also increased domestic PNG prices with effect from October 2
 "CNG, PNG prices hiked in Delhi, other markets: Check details here")
Petrol, diesel prices rise again amid volatility in global oil market
In Mumbai, the petrol price increased by 21 paisa per litre to Rs 107.99 per litre, while diesel rates rose to about Rs 97.80 a litre
Diesel at record high, petrol nears all-time high as rates hiked again
Petrol and diesel prices on Thursday neared record levels across the country after rates were hiked by 25 paise and 30 paise a litre respectively
 "Diesel at record high, petrol nears all-time high as rates hiked again")
Petrol, diesel prices hiked; more to come as crude nears $80/barrel
Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices neared USD 80 per barrel mark for the first time in three years. The price of petrol was hiked to Rs 101.39 a litre in Delhi from Rs 101.19 and to Rs 107.47 per litre in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates went to Rs 89.57 a litre in Delhi and Rs 97.21 in Mumbai. Prices differ from state to state depending on the incidence of local taxes. This is the first price increase in petrol in more than two months and the fourth in case of diesel. The increase followed international oil prices rising for the fifth consecutive day and global benchmark Brent heading for USD 80 per barrel. Tuesday was the first increase in petrol price since state-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) on September 24 resumed daily price revisions, ending the pause in rates that had effected s
 "Petrol, diesel prices hiked; more to come as crude nears $80/barrel")
UK relaxes antitrust rules, may bring in army to boost fuel supplies
The government also moved to temporarily suspend competition rules and allow companies to coordinate fuel supplies to the most affected regions.
 "UK relaxes antitrust rules, may bring in army to boost fuel supplies")
Petrol prices remain unchanged; here are the prices in your city today
In Delhi, petrol was at Rs 101.19 per litre. In Mumbai, petrol price remained at Rs 107.26 per litre.
Diesel price increased marginally, petrol rate remains steady
Auto fuel prices in the country have maintained stability amid volatility in global oil prices
Petrol prices not coming down as states don't want it under GST: Puri
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the GST, Petroleum Minister Hardeep Singh Puri said. In an interview to PTI here, Puri said petrol prices crossed the Rs 100-mark in West Bengal as the TMC government is levying heavy taxes. "If your question is do you want the petrol prices to come down then the answer is yes. Now, if your question is why the petrol prices are not coming down, then the answer is because the states don't want to bring it under GST," he said. "The Centre charges Rs 32 per litre (as taxes on petrol). We charged Rs 32 per litre when the fuel price was USD 19 per barrel, and we are still charging the same even when the price rose to USD 75 per barrel. With this Rs 32 per litre, we provide free ration, free housing and Ujjawala, among several other schemes, to the people," he said. Puri said the West Bengal government increased prices by Rs 3.51 per litre in July, resulting in the petrol crossing
Fuel prices stable for fortnight amidst volatility in global oil market
Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the rise again.
Petrol prices remain unchanged; here are the prices in your city today
In Delhi, petrol was at Rs 101.19 per litre. In Mumbai, petrol price remained at Rs 107.26 per litre.
Petrol, diesel prices may rise as international oil rates surge
A surge in international oil prices may translate into an increase in the retail selling price of petrol and diesel in India as oil companies face extreme margin squeeze, sources said
 "Petrol, diesel prices may rise as international oil rates surge")
India's WPI inflation rises to 11.39% in August on higher fuel prices
Snapping the two-month easing trend, WPI inflation rose in August and remained in double-digit for the fifth consecutive month. In July 2021, WPI inflation stood at 11.16 per cent
India's August WPI inflation quickens to 11.39% on higher fuel prices
Fuel and power prices rose 26.09% in August year-on-year compared with 26.02% in July, while manufactured product prices rose 11.39% compared with 11.20% in the previous month.
