Page 2 - Fuel Pricing

Rising fuel prices accelerate demand for CNG vehicles

According to MOFSL, the retail demand evolution has been a mixed bag since the lifting of the second lockdown from mid-June 2021

ICICI Bank ups ante in credit card space with fuel discount offering

Upping its game in the credit card market where it has been closing in on its bigger rival HDFC Bank, ICICI Bank on Tuesday launched a co-branded offering that gives discounts on fuel purchases.

Oil prices slip as Europe Covid lockdowns dim demand recovery hopes

Germany plans to extend a lockdown to contain Covid-19 infections into a fifth month

WPI inflation spikes to a 27-month high in Feb owing to costlier food, fuel

Wholesale inflation rose to 4.17% in February as against 2.03% in the previous month

Petrol crosses Rs 90-mark for 1st time ever in Delhi, diesel at Rs 80.60

In Bangalore, petrol and diesel prices surged by 32 paise and 35 paise respectively to Rs 93.21 and Rs 85.44

Diesel prices up by 15 paise, nears Rs 82/litre in Delhi; petrol unchanged

Prices of petrol have remained static at Rs 80.43 per litre for almost four weeks. Petrol rates were last changed on June 29.

From bicyle to bullock, Oppn innovating ways to protest fuel price hikes

Suheldev Bharatiya Samaj Party President Om Prakash Rajbhar, an MLA, rode a bicycle around Lucknow recently

Political leaders, people react to rising price of petrol, diesel across India

The retail prices of petrol and diesel has been raised on every single day for more than a fortnight now

Staring at Rs 26,000 cr revenue loss, Gujarat hikes fuel prices by Rs 2/ltr

Price hike estimated to give Rs 15,000 crore boost to state finances

Fuel prices see minor changes, check petrol and diesel rates today

Petrol is being sold at a rate of Rs 69.63 per litre in Delhi

Fuel price unchanged for 4th straight day: Check petrol, diesel rate today

Petrol costs Rs 69.59 per litre in New Delhi, Rs 72.29 in Kolkata, while in Mumbai, the petrol is priced at Rs 75.30.

Oil companies seek mechanism to pass through BSVI upgrade cost

BPCL will roll out BS-VI fuels at all its outlets from March

Dynamic fuel pricing: Dealers feel heat over increased risk, lower profits

A fortnight into public sector oil companies offering dynamic fuel price change at five cities in the country, oil companies see no red flags, but dealers may be already feeling the heat.Starting 1st May, state run oil companies have been offering the dynamic fuel price model at five locations-Pondicherry, Chandigarh, Jamshedpur, Udaipur and Vishakhapatnam. Though the practice is common globally, this has been introduced in India as a pilot project in the five locations."We have not received any feedback- both negative and positive. So, it is doing well and also too early. No decision has been taken on the full roll out. There has been no issue in terms of implementation," said a marketing official from one of the three PSU oil companies.This step from state-run companies has also seen private fuel retailers follow suit. Essar Oil, for instance, is offering the same fuel pricing at its pumps in these five locations. Reliance Industries, according to sources, is also offering dynamic ..

Diesel, petrol prices to change daily from June 16; dealers raise concerns

Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities

OMCs raise jet fuel price by 8.7%

The price of non-subsidised LPG was cut by Rs 4 for a 14.2-kg cylinder. Non-subsidised LPG now costs Rs 509.50 in Delhi against Rs 513.50 previously