International benchmark Brent crude fell below $90 per barrel last week for the first time since early February as recession fears weigh on demand. It has since recovered and is trading at $92.84 per barrel, the lowest in...
According to stock exchange filings by the three fuel retailers, the losses were due to erosion in the marketing margin on petrol, diesel and domestic LPG
In a surprise move, the government on July 1 slapped export duties on petrol and ATF (Rs 6 per litre or $12 per barrel) and diesel (Rs 13 a lire or $26 a barrel) and imposed a windfall tax on domestic crude production (Rs...
The world's best-known crude benchmark, Brent was trading at $94.91 per barrel on Thursday after concerns of a global recession led to it slipping to a six-month low of $91.51 on the previous day
Over the last seven years, the Union government increased taxes on petrol by Rs 23.42 per litre and Rs 28.23 per litre on diesel
The start of the cropping season helped diesel demand register double-digit growth over the pre-pandemic period -- a record in recent years.
The prices were last revised on May 22 after the central government slashed excise duty on petrol by Rs 8 per litre, and on diesel by Rs 6 per litre
The oil refiners in India will now pay Rs 6 per litre on the export of petrol and aviation turbine fuel (ATF) as well as Rs 13 on the export of diesel
Shares of Reliance Industries fell 8.65 per cent to Rs 2,369.45 apiece on the BSE. It was the biggest drag among the Sensex firms in morning trade.
On June 10, the Federation of Indian Petroleum Industry (FIPI), which besides private fuel retailers also counts state-owned firms such as IOC, BPCL and HPCL...
In its annual report, the RBI said that the cost-push pressures from high industrial raw material prices, transportation costs and global logistics, and supply...
As of May 16, 2022, net under-recoveries in the industry were Rs 13.08 per litre for petrol and Rs 24.09 per litre for diesel.
With this, petrol will be cheaper by Rs 9.5, whereas diesel will be cheaper by Rs 7.
April saw consumption drop due to a Rs 10 per litre hike in petrol and diesel prices after an over four-month hiatus.
Petrol sales growth moderated to 2.1 per cent in April when compared with the same period in the preceding month, while diesel demand was almost flat.
In a virtual interaction with chief ministers on Wednesday, the Prime Minister pointed out that many states had not heeded the advice of the Centre to bring...
The demand for petrol in FY22 was the highest ever while the diesel sales were the highest since 82.6 million tonnes of consumption in 2019-20.
Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously, while diesel rates have gone up from Rs 94.67 per litre to Rs 95.07.
Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27.
Petrol and diesel prices have been hiked by Rs 4.80 per litre since March 22 -- a record increase in any eight days since the daily price revision was...
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.
Petrol in Delhi will now cost Rs 99.11 per litre as against Rs 98.61 previously while diesel rates have gone up from Rs 89.87 per litre to Rs 90.42.
Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87