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Page 3 - Petrol

Petrol reserves in Sri Lanka insufficient to meet needs of people

The World Food Programme said that the remaining petrol reserves in Sri Lanka are likely to be insufficient to meet the needs of people

Petrol reserves in Sri Lanka insufficient to meet needs of people
Updated On : 31 Jul 2022 | 2:42 PM IST

Fuel prices today: Check the prices of petrol, diesel in your city

Crude oil prices have been showing an upward trend globally, indicating a slight weakness in the US dollar

Fuel prices today: Check the prices of petrol, diesel in your city
Updated On : 29 Jul 2022 | 12:02 PM IST

The missing link: India's EV revolution is waiting for charging stations

The scarcity and poor viability of charging stations remains a major obstacle to the government's green mobility ambitions

The missing link: India's EV revolution is waiting for charging stations
Updated On : 22 Jul 2022 | 9:57 PM IST

Govt slashes windfall tax on petrol, diesel, ATF as crude oil prices drop

Effective from July 20, Rs 6 a litre tax on petrol export has been completely scrapped

Govt slashes windfall tax on petrol, diesel, ATF as crude oil prices drop
Updated On : 20 Jul 2022 | 9:53 AM IST

Fuel demand in India declines in July so far adding to oil's gloom: Report

The three biggest retailers sold 1.28 million tons of gasoline during July 1-15, down about 8% from the corresponding period in June, according to refinery officials with knowledge of the matter

Fuel demand in India declines in July so far adding to oil's gloom: Report
Updated On : 17 Jul 2022 | 7:45 PM IST

Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum shares

Warren Buffett's Berkshire Hathaway now controls nearly 20% of Occidental Petroleum's stock after picking up another $250 million worth of shares of the oil producer this week

Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum shares
Updated On : 15 Jul 2022 | 6:59 AM IST

Focus on windfall tax review leads to oil stocks ending in the green

Export taxes on petrol are likely to see the steepest reduction, while levies on diesel and jet fuel could also be lowered to adjust the impact of price declines

Focus on windfall tax review leads to oil stocks ending in the green
Updated On : 14 Jul 2022 | 11:49 PM IST

IOC, BPCL, HPCL may post Rs 10,700-cr combined loss in Q1: Report

ICICI Securities said the companies are losing Rs 12-14 per litre on petrol and diesel, completely offsetting the strong refining performance during the quarter

IOC, BPCL, HPCL may post Rs 10,700-cr combined loss in Q1: Report
Updated On : 11 Jul 2022 | 4:51 PM IST

Green fuel will end need for petrol in India after five years: Gadkari

Union minister Nitin Gadkari has expressed confidence that green fuel will end the need for the use of petrol in vehicles in the country after five years

Green fuel will end need for petrol in India after five years: Gadkari
Updated On : 09 Jul 2022 | 2:41 PM IST

Oil India, ONGC tank up to 33% in 1 week on windfall tax, fall in Brent oil

Oil India was down 8 per cent at Rs 176, while ONGC shed 6 per cent in traes on Wednesday.

Oil India, ONGC tank up to 33% in 1 week on windfall tax, fall in Brent oil
Updated On : 06 Jul 2022 | 11:15 AM IST

Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil

The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel

Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil
Updated On : 01 Jul 2022 | 11:06 AM IST

Sri Lankan cabinet permits companies to import fuel as crisis worsens

The country ran out of fuel as only 1,100 tonnes of petrol and 7,500 tonnes of diesel are left, which are not sufficient to last for a day.

Sri Lankan cabinet permits companies to import fuel as crisis worsens
Updated On : 28 Jun 2022 | 4:25 PM IST

7 out of 9 neighbouring nations charge less for petrol than India

Among the neighbouring countries, China (Rs 116 per litre) and Nepal (Rs 124 per litre) had a higher price.

7 out of 9 neighbouring nations charge less for petrol than India
Updated On : 28 Jun 2022 | 1:45 AM IST

Sri Lanka stops fuel supply to non-essential services as crisis worsens

Fuel stocks set to run out in days without curbs; supplies only to essentials from Tuesday untl July 10; regulator hopes to keep power cuts at 3-4 hrs every day for 2 months

Sri Lanka stops fuel supply to non-essential services as crisis worsens
Updated On : 28 Jun 2022 | 1:28 AM IST

Private players seek govt intervention as fuel shortage rises in India

FIPI says companies are suffering a loss of Rs 20-25 a litre on diesel and Rs 14-18 a litre on petrol at present due to the non-revision of prices

Private players seek govt intervention as fuel shortage rises in India
Updated On : 19 Jun 2022 | 11:19 PM IST

Selling diesel at Rs 20-25/ltr loss, petrol at Rs 14-18/ltr loss: Retailers

Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, an industry body representing private fuel retailers like Jio-bp and Nayara Energy has told the Oil Ministry

Selling diesel at Rs 20-25/ltr loss, petrol at Rs 14-18/ltr loss: Retailers
Updated On : 19 Jun 2022 | 11:21 AM IST

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry

Amidst fuel crisis in Sri Lanka, the government declared Friday a holiday for public offices and schools to curtail vehicular movement, leaving many roads in and around the capital Colombo deserted

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry
Updated On : 17 Jun 2022 | 11:45 AM IST

ATF prices hiked by 16%, touch new record, as global crude prices soar

The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been increased by Rs 19,757.13 per kilolitre, or 16.26%, to Rs 1,41,232.87 per kl (Rs 141.2 per litre) in Delhi

ATF prices hiked by 16%, touch new record, as global crude prices soar
Updated On : 16 Jun 2022 | 5:21 PM IST

Pakistan steeply hikes fuel prices up to 29% to secure IMF funding

The new petrol price has been fixed at Rs 233.89 per litre, HSD at Rs 263.31 per litre and kerosene oil at Rs 211.47 per litre.

Pakistan steeply hikes fuel prices up to 29% to secure IMF funding
Updated On : 16 Jun 2022 | 4:41 PM IST

Production of petrol, diesel sufficient to take care of demand surge: Govt

Sufficient supplies of petrol and diesel are being made available to cater to the extra demand, says Ministry of Petroleum & Natural Gas

Production of petrol, diesel sufficient to take care of demand surge: Govt
Updated On : 15 Jun 2022 | 6:09 PM IST