Page 6 - Petrol-diesel Prices

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

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

Crude oil rally takes domestic petrol, diesel prices to record highs

First Petrol price hike since mid-July, selling at Rs 101.39 a litre in national capital; diesel retailed at Rs 89.57

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

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

Petrol and diesel price hikes look inevitable

Petrol and diesel were last increased on July 17 and July 15, respectively

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, 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

No revision in petrol and diesel prices for the 2nd consecutive day

The oil marketing companies kept pump prices of auto fuels petrol and diesel unchanged on Friday, the second consecutive day of no revision

India's gasoline demand seen hitting record as Covid-19 curbs ease

Annual passenger vehicle sales in India rose by 45% to 264,442 units in July, driven by pent-up demand, according to data from the Society of Indian Automobile Manufacturers.

OMCs slash fuel prices by 15 paise per litre after a week's break

Fuel consumers have finally been given some relief with oil marketing companies on Wednesday reducing the pump price of petrol and diesel after keeping it static for the past seven days

Oil marketing firms keep petrol, diesel retail prices unchanged for a week

Even with crude bouncing back over $73 a barrel, the Oil marketing companies have spared consumers any further hike in petrol and diesel prices

Petrol, diesel prices unchanged across metros for fifth straight day

Oil marketing companies (OMC) kept petrol and diesel prices unchanged on Sunday.

People to get some relief in coming months: Hardeep Puri on fuel price rise

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday, asserting that people will get some relief in the coming months

BJP MP Pragya dubs fuel price rise-inflation talk as Congress 'propaganda'

Pragya Singh Thakur, the BJP Lok Sabha MP from Bhopal, on Tuesday dismissed the talk about rise in the prices of petrol and diesel and inflation as nothing, but a "propaganda" on part of the Congress. She was speaking at a function of the Bhopal Municipal Corporation where Madhya Pradesh Chief Minister Shivraj Singh Chouhan virtually inaugurated a pump house as well as flagged off new civic buses. "Jo yeh log propaganda karte hai ki diesel mahanga, petrol mahanga. Ye mahangai kuchh aur nahi hai, ye Congressiyon ki mansikta hai, fokat ka propaganda hai (These people spread propaganda that diesel and petrol have become expensive. This inflation is nothing else but the mindset of the Congress and merely propaganda), Thakur said. During her address at the event, she also hailed the CM for introducing pollution-free vehicles in the state capital, reminiscing that earlier handkerchiefs used to cover the face during autorickshaw rides would get blackened with grime and dust generated durin

Petrol, diesel prices remain unchanged on Monday, a day after cuts

A day after reducing petrol and diesel prices by up to 20 paise per litre, the Oil marketing companies on Monday kept auto fuel prices unchanged