Page 3 - Petrol-diesel Prices

Petrol, diesel price hikes likely to restart from next week: Here's why

JPMorgan said for oil marketing companies to revert to normalised marketing margins, retail prices need to increase by Rs 9 a litre or 10%

Petrol, diesel prices lagging by Rs 6-8 a litre in absence of hikes: Report

The agency said a cut in the excise duties to the pre-pandemic levels before the start of the new fiscal year on April 1 will entail a cost of up to Rs 92,000 crore to the exchequer

Aviation turbine fuel prices climb to record high after 5.2% hike

ATF price was hiked by Rs 4,481.63 per kilolitre or 5.2 per cent to Rs 90,519.79 per kl in the national capital, according to a price notification of state-owned fuel retailers

Fuel prices come under pressure as Brent crude climbs to $92 a barrel

While India has been reaching out to oil producing nations to raise crude oil and temper the runaway prices, but these efforts have largely been unfruitful

'We don't tell oil marketing cos to raise or lower prices,' says Puri in LS

Puri also said prices have gone up by only 30% in the last 7 years, that is from 2014-2021 period and emphasised that various steps have been taken to deal with the situation of high oil prices

Oil price tops $87/bbl but petrol, diesel prices stay unchanged

International oil prices jumped to the highest level since 2014, topping USD 87 a barrel but domestic petrol and diesel prices remained unchanged for the 74th day in a row

Oil at $84 again: Petrol, diesel price on hold for 68th day in a row

Petrol and diesel prices have remained unchanged for 68 days in a row despite a USD 16 swing in international oil prices and global rates again climbing to USD 84 per barrel, oil company data showed. Petrol and diesel were last changed on November 4, 2021, when the central government cut excise duty to give relief from rates that had touched an all-time high. This is the longest duration of no-change in prices since the daily price revision was introduced in June 2017, the data showed. Prior to that, there was an 82-day hiatus in rate revision between March 17, 2020, and June 6, 2020. On November 4, 2021, excise duty on diesel was cut by Rs 10 a litre and that on petrol by Rs 5 per litre, resulting in an equivalent reduction in retail pump rates. On that day, some states, mostly ruled by the BJP, cut local sales tax or VAT to give larger relief to consumers. Other states like Punjab and Delhi followed suit at later dates but the base price of petrol and diesel has remained unchang

Fuel rates remain unchanged on Thursday; petrol in Mumbai at Rs 109.98

Oil marketing companies on Thursday kept the prices of diesel and petrol unchanged across major Indian cities.

Fuel prices remain unchanged on Tuesday; petrol in Mumbai at Rs 109.98

Oil marketing companies kept the prices of diesel and petrol unchanged across major Indian cities on Tuesday.

OMCs keep diesel, petrol prices steady across major Indian cities on Friday

Oil marketing companies have kept the prices of diesel and petrol unchanged across major Indian cities on Friday.

OMCs leave diesel, petrol prices unchanged across metros on Thursday

Diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.

Despite EV hype, will India be the last major economy to ditch auto fuels?

There are over 3 million CNG-fuelled vehicles registered in India

OMCs keep fuel prices unchanged across major Indian cities on Wednesday

The diesel and petrol rates in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.

Fuel prices remain unchanged on Monday; petrol at Rs 109.98 in Mumbai

Oil marketing companies on Monday kept the prices of diesel and petrol unchanged across major Indian cities.

Oil marketing companies keep diesel, petrol prices unchanged on Friday

Oil marketing companies kept diesel and petrol prices unchanged across major cities on Friday

Petrol in Delhi to be cheaper by Rs 8 as AAP govt decides to cut VAT

It was decided that the Value-Added Tax (VAT) on petrol will be reduced from the present 30 per cent to 19.4 per cent, leading to a cut of around Rs 8 per litre

Petrol to be cheaper by Rs 8 in Delhi as AAP govt decides to cut VAT: Rpts

The Delhi government on Wednesday decided to reduce the VAT on petrol, bringing down the price of the fuel in the city by about Rs 8 per litre, official sources said. At a cabinet meeting chaired by Chief Minister Arvind Kejriwal, it was decided that the Value-Added Tax (VAT) on petrol will be reduced from the present 30 per cent to 19.4 per cent, leading to a cut of around Rs 8 per litre, they added. The price of petrol after the VAT cut will go down from the current Rs 103 per litre to Rs 95 per litre, the sources said. The petrol price in Delhi was higher as compared to the NCR cities in Uttar Pradesh and Haryana, where the state governments had announced a VAT cut following the Centre reducing the excise duty on fuel prices.

Oil marketing companies keep diesel, petrol prices unchanged in metros

Prices of the petrol and diesel have been untouched post the revision of duties by the Centre and state governments in early November

India fuel prices will fall if 'international rates' sustain: Report

Global benchmark Brent crude oil prices remained largely range bound at around USD 80 to 82 per barrel, levels during November (till November 25)

Pakistan petrol retailers call off strike after deal with govt

The strike had begun early on Thursday as the main industry body flagged low profit margins, exacerbated by the government's move to raise taxes and boost revenue