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Page 8 - Petrol

Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura

Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months

Petrol, diesel prices can rise by Rs 12, LPG by Rs 280 a cylinder: Nomura
Updated On : 01 Apr 2022 | 11:30 AM IST

Petrol, diesel prices up by 80 paise; total increase now stands at Rs 6.40

This is the ninth increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

Petrol, diesel prices up by 80 paise; total increase now stands at Rs 6.40
Updated On : 01 Apr 2022 | 1:30 AM IST

Creeping rise in fuel prices set to stoke inflation further: Transporters

Freight rates on grand trunk routes have already shot up by an average 3%-4% month-on-month in the last few days, according to Indian Foundation of Transport Research & Training

Creeping rise in fuel prices set to stoke inflation further: Transporters
Updated On : 31 Mar 2022 | 7:18 PM IST

Petrol, diesel rates up by 80 paise again, ninth increase in 10 days

The rates of petrol and diesel in Delhi increased by 80 paise a litre, while in Mumbai, fuel became costlier by 84 paise on Thursday

Petrol, diesel rates up by 80 paise again, ninth increase in 10 days
Updated On : 31 Mar 2022 | 6:46 AM IST

Petrol, diesel prices up by 80 paise; total increase now at Rs 5.60

Petrol and diesel prices were on Wednesday hiked by 80 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre.

Petrol, diesel prices up by 80 paise; total increase now at Rs 5.60
Updated On : 30 Mar 2022 | 6:51 AM IST

Petrol crosses Rs 100 in Delhi after 80 paise hike, diesel up 70 paise

Petrol price on Tuesday crossed Rs 100 a litre mark after rates were hiked by 80 paise a litre and 70 paise in case of diesel, taking the total increase in rates in one week to Rs 4.80 per litre. Petrol in Delhi will now cost Rs 100.21 per litre as against Rs 99.41 previously while diesel rates have gone up from Rs 90.77 per litre to Rs 91.47, according to a price notification of state fuel retailers. Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. This is the seventh increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. On the first four occasions, prices were increased by 80 paise a litre - the steepest single-day rise since the daily price revision was introduced in June 2017. On the following days, petrol price went up by 50 paise and 30 paise a litre while diesel rose by 55 paise and 35 paise a litre. In all, petrol and diesel prices have gone up by Rs 4.8

Petrol crosses Rs 100 in Delhi after 80 paise hike, diesel up 70 paise
Updated On : 30 Mar 2022 | 1:00 AM IST

Top headlines: JioMart Express pilot to start, the oil price conundrum

Business Standard brings you the top headlines at this hour

Top headlines: JioMart Express pilot to start, the oil price conundrum
Updated On : 29 Mar 2022 | 8:09 AM IST

Petrol price hiked 30 paise, diesel up 35 paise; sixth increase in 7 days

Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase in rates in the last one week to Rs 4-4.10 per litre

Petrol price hiked 30 paise, diesel up 35 paise; sixth increase in 7 days
Updated On : 29 Mar 2022 | 1:15 AM IST

Petrol, diesel rates up by 80 paise per litre again, fourth hike in 5 days

Petrol is selling in the national capital at Rs 98.61 per litre while diesel is trading at Rs 89.87 per litre

Petrol, diesel rates up by 80 paise per litre again, fourth hike in 5 days
Updated On : 26 Mar 2022 | 7:13 AM IST

Oil prices up due to Russia-Ukraine war: Nitin Gadkari on fuel rates hike

Nitin Gadkari justified the hikes in fuel prices, thrice in the last four days, saying the oil prices had gone up within the international market owing to the ongoing Russia-Ukraine war

Oil prices up due to Russia-Ukraine war: Nitin Gadkari on fuel rates hike
Updated On : 26 Mar 2022 | 7:03 AM IST

Petrol, diesel prices hiked by 80 paise, third increase in four days

In Mumbai, the rate of petrol increased by 84 paise today, selling at Rs 112.51 per litre

Petrol, diesel prices hiked by 80 paise, third increase in four days
Updated On : 25 Mar 2022 | 7:42 AM IST

PNG price increased by Rs 1, a day after petrol, diesel and LPG rates hiked

The move will affect more than 72 lakh domestic households.

PNG price increased by Rs 1, a day after petrol, diesel and LPG rates hiked
Updated On : 25 Mar 2022 | 12:17 AM IST

Second hike in two days: Petrol, diesel prices dearer 85 paise each

Petrol and diesel are costliest in Mumbai at Rs 111.67 and Rs 95.85 a litre, respectively.

Second hike in two days: Petrol, diesel prices dearer 85 paise each
Updated On : 23 Mar 2022 | 11:19 PM IST

Petrol, diesel prices hiked by 80 paise a litre for second day in a row

Petrol and diesel prices on Wednesday were hiked by 80 paise a litre each for the second day in a row since the ending of an over four-and-half month hiatus in rate revision. Petrol in Delhi will now cost Rs 97.01 per litre as against Rs 96.21 previously while diesel rate has gone up from Rs 87.47 per litre to Rs 88.27, according to a price notification of state fuel retailers. A record 137-day hiatus in rate revision ended on March 22 with an 80 paise per litre increase in rates. Prices had been on a freeze since November 4 ahead of the assembly elections in states like Uttar Pradesh and Punjab - a period during which the cost of raw material (crude oil) soared by USD 30 per barrel. Oil companies are now recouping the losses. According to CRISIL Research, a hike of Rs 15-20 per litre is required to fully pass the increase in international oil prices. India is 85 per cent dependent on imports to meet its oil needs.

Petrol, diesel prices hiked by 80 paise a litre for second day in a row
Updated On : 23 Mar 2022 | 7:59 AM IST

Petrol and diesel prices hiked for first time in over four months

Up 80 paise a litre; domestic gas cylinder now dearer by Rs 50

Petrol and diesel prices hiked for first time in over four months
Updated On : 22 Mar 2022 | 11:46 PM IST

EVs to cost same as petrol-run vehicles in two years: Nitin Gadkari

EV sales in India rose 162 per cent in the last year, said MoRTH last week, citing the latest available data.

EVs to cost same as petrol-run vehicles in two years: Nitin Gadkari
Updated On : 22 Mar 2022 | 11:31 PM IST

Petrol, diesel price up 80 paise a litre; Rs 50 hike in LPG rates: Reports

Petrol and diesel prices were hiked by 80 paise a litre each while domestic cooking gas prices were increased by Rs 50 per cylinder, sources said.

Petrol, diesel price up 80 paise a litre; Rs 50 hike in LPG rates: Reports
Updated On : 22 Mar 2022 | 8:14 AM IST

Imminent price hike expectation drives petrol, diesel sales in India

India's auto fuel sales surged past pre-pandemic levels in the first half of March as consumers and dealers topped tanks in anticipation of a likely price hike post assembly elections. Petrol sales by state-owned fuel retailers, which control roughly 90 per cent of the market, at 1.23 million tonnes during March 1-15 were nearly 18 per cent higher than the same period last year and 24.4 per cent higher than the period in 2019, preliminary industry data showed. Diesel, mostly-used fuel in the country, saw sales jumping 23.7 per cent year-on-year to 3.53 million tonnes. This was 17.3 per cent higher than sales in March 1-15, 2019. While petrol sales were 24.3 per cent higher than the sales during March 1-15, 2020, diesel sales were up 33.5 per cent over the same reference period. Month-on-month, petrol sales were up 18.8 per cent and diesel sales surged 32.8 per cent. Oil Minister Hardeep Singh Puri had on Monday stated that fuel sales had jumped 20 per cent on comments exhorting pe

Imminent price hike expectation drives petrol, diesel sales in India
Updated On : 17 Mar 2022 | 1:25 AM IST

Puri slams Rahul Gandhi for 'tank-up' comment, says sales went up 20%

Oil Minister Hardeep Singh Puri on Monday slammed Congress leader Rahul Gandhi for his comments asking consumers to tank up in preparation for an imminent hike in petrol and diesel prices

Puri slams Rahul Gandhi for 'tank-up' comment, says sales went up 20%
Updated On : 14 Mar 2022 | 7:39 PM IST

Petrol, diesel prices set to rise Rs 15-Rs 22 per litre from next week

It is widely expected that the OMCs will revise the current prices on or after March 7, which is the last day of voting in the ongoing state assembly elections

Petrol, diesel prices set to rise Rs 15-Rs 22 per litre from next week
Updated On : 06 Mar 2022 | 12:08 AM IST