Petrol, diesel prices hiked after four months
2 years, 9 months ago

Petrol, diesel prices hiked after four months

Live Mint  

New Delhi: Petrol and diesel prices increased in the metro cities by 80 paise per litre after remaining steady for nearly 137 days. Rahul Kalantri, vice president for commodities at Mehta Equities noted that crude oil prices have gained around 18% in last four days. In its oil market report for March 2022 released last week, the International Energy Agency said that Russia’s invasion of Ukraine and the eventual Western sanctions on its oil exports could mean 3 million barrels a day of Russian supply effectively cut off from global markets starting next month. Further, price of diesel purchased by bulk industrial buyers directly from the oil marketing companies have increased by ₹25 per litre.

Russia Oil Prices Price Diesel Litre Oil Marketing Companies  months  price  supply  litre  increased  imports  diesel  oil  petrol  prices  week  marketing  crude  hiked

History of this topic

Oil prices up in thin pre-Christmas trade
16 hours, 45 minutes ago

Oil prices up in thin pre-Christmas trade

Live Mint  

By Katya Golubkova TOKYO, Dec 24 - Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the world's third-largest oil importer. In the shorter term, traders are looking for indications of U.S. demand from the crude oil and fuel stockpiles data …

Petrol, Diesel Consumption Surge in November as Festive Season Boosts Demand
3 weeks, 2 days ago

Petrol, Diesel Consumption Surge in November as Festive Season Boosts Demand

Deccan Chronicle  

New Delhi: Oil marketing companies have revealed that India's petrol and diesel consumption soared in November as the festive season reversed a fall in demand witnessed in previous months. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, soared 8.3 per cent to 3.1 million tonnes in November compared to 2.86 million tonnes of …

Fuel Prices In Delhi, October 16: Remain Stable With Petrol At Rs 94.72 & Diesel Priced At Rs 87.62
2 months, 1 week ago

Fuel Prices In Delhi, October 16: Remain Stable With Petrol At Rs 94.72 & Diesel Priced At Rs 87.62

ABP News  

As of today, the fuel prices in Delhi remain relatively stable, with minor fluctuations due to global crude oil prices and other factors like supply chain dynamics. Fuel prices in India are revised daily based on the 15-day average of global oil prices, which is a dynamic pricing model. Despite the global fluctuations in oil supply and demand, especially due …

Fuel Prices Remain Stable in Delhi Amid Global Fluctuations
2 months, 3 weeks ago

Fuel Prices Remain Stable in Delhi Amid Global Fluctuations

ABP News  

Fuel prices in Delhi remain stable for now, offering a brief respite for consumers amid global oil market fluctuations. The price of petrol stands at ₹94.72 per liter, while diesel is priced at ₹87.62 per liter. These rates have been consistent over the past few weeks, providing a welcome relief for many consumers. However, there remains a concern about the …

India’s petroleum exports plunge in first five months of FY25 on lower demand, supply disruption
3 months ago

India’s petroleum exports plunge in first five months of FY25 on lower demand, supply disruption

Live Mint  

New Delhi: India's petroleum exports saw a steep decline during the first five months of fiscal year 2025 due to lower demand from key markets and disruptions along the supply route, especially in the Red Sea region. "The drop in India's petroleum exports in the last three months was mostly due to the Red Sea issue, which led to higher …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 20
3 months ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On September 20

News 18  

Petrol, Diesel Prices Today On September 20, 2024: Every day at 6 a.m., oil marketing companies announce the price of petrol and diesel, maintaining consistency despite these commodities’ inherent volatility. Petrol Diesel Price Today In India Check city-wise petrol and diesel prices on September 20: City Petrol Price Diesel Price Delhi 94.72 87.62 Mumbai 103.44 89.97 Chennai 100.85 92.44 Kolkata …

Govt may cut petrol and diesel prices if global prices remain low: Petroleum Secretary
3 months, 1 week ago

Govt may cut petrol and diesel prices if global prices remain low: Petroleum Secretary

Live Mint  

Secretary at the Ministry of Petroleum and Natural Gas, Pankaj Jain, said on Thursday that oil companies will consider cutting fuel prices if crude oil remains low for an extended period. With the rise in fuel demand, India wants increased output from the Organisation of Petroleum Exporting Countries, its allies, and Russia, the Oil Secretary added. Global crude oil prices …

Delhi Petrol Prices Hold Steady at Rs 94.72 Per Liter Amid Nationwide Fuel Stability | ABP News
3 months, 4 weeks ago

Delhi Petrol Prices Hold Steady at Rs 94.72 Per Liter Amid Nationwide Fuel Stability | ABP News

ABP News  

As of August 25, 2024, petrol prices in Delhi remain steady at ₹94.72 per liter. The stability in fuel prices is reflective of the broader trend across major Indian cities, where diesel prices have also seen no significant adjustments. The current petrol rate in Delhi includes all state and central taxes, contributing to its uniformity across the region. Previously, the …

India only country where petrol, diesel prices declined in last 3 years: Puri
4 months, 3 weeks ago

India only country where petrol, diesel prices declined in last 3 years: Puri

Hindustan Times  

New Delhi, Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Monday said India is the only country where rates of petrol and diesel have come down between November 2021 and April 2024. India only country where petrol, diesel prices declined in last 3 years: Puri Replying to various queries during Question Hour in Rajya Sabha, the minister also …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 25
4 months, 4 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 25

News 18  

Petrol, Diesel Prices Today On July 25, 2024: Oil marketing companies announce fuel prices, maintaining consistency despite the inherent volatility of these commodities at 6 am every day. Government oil marketing companies release the latest petrol and diesel prices daily at 6 am in the country. Petrol Diesel Price Today In India Check city-wise petrol and diesel prices on July …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 17
5 months, 1 week ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 17

News 18  

Petrol, Diesel Prices Today On July 17, 2024: Oil marketing companies announce fuel prices, maintaining consistency despite the inherent volatility of these commodities at 6 am every day. Government oil marketing companies release the latest petrol and diesel prices daily at 6 am in the country. Petrol Diesel Price Today In India Check city-wise petrol and diesel prices on July …

India's wholesale prices at a 16-month high in June as vegetable prices go up
5 months, 1 week ago

India's wholesale prices at a 16-month high in June as vegetable prices go up

Hindustan Times  

Wholesale inflation in the country surged to a 16-month high of 3.36 per cent in June on account of rise in prices of food articles, especially vegetables and manufactured items. As per the data, inflation in food articles rose 10.87 per cent in June, as against 9.82 per cent in May. Looking ahead, she said, the headline WPI inflation is …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 3
5 months, 3 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On July 3

News 18  

Petrol, and Diesel Prices On July 3, 2024: OMCs have announced fresh petrol and diesel prices on Wednesday, July 3. The country’s Petrol and diesel prices depend on crude oil prices internationally. Government oil marketing companies release the latest petrol and diesel prices daily at 6 am in the country. Petrol Diesel Price Today In India Check city-wise petrol and …

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 17
6 months, 1 week ago

Petrol, Diesel Price Today: Check Latest Fuel Prices In Your City On June 17

News 18  

Petrol, Diesel Prices On June 17, 2024: OMCs have released the latest petrol and diesel prices for June 17. However, the Karnataka government has increased petrol and diesel prices by Rs 3 per litre as it has increased sales tax. Petrol Diesel Price Today In India Mumbai Petrol & Diesel Price As of June 17, the petrol price in Mumbai …

Petrol Becomes Costlier By Rs 3 Per Litre In Karnataka As State Govt Hikes Taxes
6 months, 1 week ago

Petrol Becomes Costlier By Rs 3 Per Litre In Karnataka As State Govt Hikes Taxes

ABP News  

Petrol prices in Karnataka surged by Rs 3 per litre after the state government increased tax on petrol and diesel. According to the Petroleum Dealers Association, petrol and diesel prices are likely to go up by Rs 3 and Rs 3.05 approximately in Karnataka pic.twitter.com/rJDinVT6SK — ANI June 15, 2024 As per the Akhila Karnataka Petroleum Dealers Association, the cost …

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check latest rates
6 months, 1 week ago

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check latest rates

Hindustan Times  

Petrol and diesel prices in Karnataka have increased after the state revised sales tax on Saturday. As per the Petroleum Dealers Association, petrol and diesel prices are likely to go up by ₹3 and ₹3.05 approximately in Karnataka, ANI reported. Petrol and diesel prices in Karnataka The price of petrol has surged by ₹3, bringing the rate Bengaluru to ₹102.84 …

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check new rate, other details
6 months, 1 week ago

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check new rate, other details

Live Mint  

Petrol and diesel prices are likely to go up by ₹3 and ₹3.05 approximately in Karnataka as the state government decided to increase taxes on June 15, according to the Petroleum Dealers Association {{^adFree}} {{/adFree}} According to the notification, the sales tax on petrol has been increased from 25.92 percent to 29.84 percent, while the tax on diesel has risen …

Karnataka: Petrol, diesel prices likely to go up as state govt revises sales tax; BJP reacts
6 months, 1 week ago

Karnataka: Petrol, diesel prices likely to go up as state govt revises sales tax; BJP reacts

India TV News  

The petrol and diesel prices are likely to go up in Karnataka as the Congress-led state government revised sales tax by 29.84 per cent and 18.44 per cent. In a notification issued by the Finance Department, the government has hiked sales tax on petrol by 3.92 percentage points, from 25.92 to 29.84 per cent. BJP reacts BJP spokesperson Shehzad Poonawalla …

Fuel prices in Karnataka rise by Rs 3 after state government hikes sales taxes
6 months, 1 week ago

Fuel prices in Karnataka rise by Rs 3 after state government hikes sales taxes

New Indian Express  

BENGALURU: Karnataka state government on Saturday hiked the fuel prices by Rs 3 following the hike in Karnataka Sales Tax on petrol and diesel. The state government in a notification on Saturday, announced that it had hiked the sales tax from 25.92 per cent to 29.84 per cent on petrol and from 14.3 per cent to 18.4 per cent on …

ATF price cut 6.5% to ₹94,969.01/kl, 19-kg commercial LPG price cut by ₹69 to ₹1,676/cylinder
6 months, 3 weeks ago

ATF price cut 6.5% to ₹94,969.01/kl, 19-kg commercial LPG price cut by ₹69 to ₹1,676/cylinder

Live Mint  

In Mumbai, the jet fuel price dropped to ₹ 88,834.27/kl from ₹ 95,173.70/kl. Jet fuel, also known as aviation turbine fuel, saw a significant reduction of 6.5 per cent on June 1, down by ₹6,673.87 per kilolitre to ₹94,969.01/kl in New Delhi, as per a PTI report. Commercial LPG Prices Lowered Oil companies also reduced the price of commercial LPG …

India's crude oil imports soar 7% YoY in April, net oil & gas import bill hits $12.3 billion-mark: PPAC
7 months ago

India's crude oil imports soar 7% YoY in April, net oil & gas import bill hits $12.3 billion-mark: PPAC

Live Mint  

India's crude oil imports increased by seven per cent year-on-year in April 2024 and the net import bill for oil and gas hit $12.3 billion, compared to $10.1 billion in the corresponding period last year. India's domestic crude oil production stood at 2.4 million metric tonnes in April 2024 - registering a growth of 1.6 per cent compared to the …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 05
7 months, 2 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On May 05

News 18  

Petrol, Diesel Prices Today On May 05, 2024: Each day at 6 am, oil marketing companies unveil the prices of petrol and diesel, unfazed by their volatility. Petrol Diesel Price Today In India Check city-wise petrol and diesel prices on May 05; City Petrol Price Diesel Price Delhi 94.72 87.62 Mumbai 104.21 92.15 Chennai 100.75 92.34 Kolkata 103.94 90.76 Noida …

Petrol sales up 12.3%; diesel slides 2.3% in April 2024
7 months, 3 weeks ago

Petrol sales up 12.3%; diesel slides 2.3% in April 2024

The Hindu  

India's petrol consumption soared 12.3% in April, but diesel sales continued to slide despite the country entering into hectic electioneering for general elections, preliminary data of state-owned firms showed on May 01. Petrol sales of three state-owned firms, which control 90% of the fuel market, rose to 2.97 million tonnes in April compared to 2.65 million tonnes of consumption in …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 28
7 months, 3 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 28

News 18  

Petrol, Diesel Prices Today On April 28, 2024: Every morning at 6 am, oil marketing companies reveal the prices of petrol and diesel, regardless of their stability. Petrol Diesel Price Today In India Mumbai Petrol & Diesel Price Delhi Diesel Price Today As of April 28, the cost of diesel is priced at Rs 87.62 per litre. Check city-wise petrol …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 27
7 months, 3 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 27

News 18  

Petrol, Diesel Prices Today On April 27, 2024: Every morning at 6 am, the rates for petrol and diesel are disclosed, regardless of whether they undergo fluctuations or remain stable. Petrol Diesel Price Today In India Mumbai Petrol & Diesel Price As of April 27, the price of petrol in Mumbai continued to exceed the Rs 100 mark, reaching Rs …

India's crude oil consumption up 4.6% in FY24, output rises marginally at 0.6%, imports steady: PPAC
8 months ago

India's crude oil consumption up 4.6% in FY24, output rises marginally at 0.6%, imports steady: PPAC

Live Mint  

India's total consumption of crude oil or petroleum products rose 4.6 pent in fiscal 2023-24 to 233.3 million metric tonne, while domestic production of crude oil rose marginally at 0.6 per cent. But the world's third largest oil importing and consuming nation paid $132.4 billion for the imports in FY24 as against $157.5 billion import bill in 2022-23, so crude …

Average petrol prices increase again as drivers feel pain at the pumps
8 months ago

Average petrol prices increase again as drivers feel pain at the pumps

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Lok Sabha polls | Palaniswami slams DMK, BJP on fuel prices, funds for disaster relief
8 months ago

Lok Sabha polls | Palaniswami slams DMK, BJP on fuel prices, funds for disaster relief

The Hindu  

AIADMK general secretary Edappadi K. Palaniswami on Wednesday, April 17, 2024 said the DMK’s promise of getting the prices of petrol and diesel reduced was not credible, as the ruling party, in the past three years, had not brought down Value Added Tax on diesel, contrary to its assurances during the 2021 Assembly election. In a statement issued on the …

India's crude oil import bill drops 16% in FY24, import dependence soars to 87%
8 months, 1 week ago

India's crude oil import bill drops 16% in FY24, import dependence soars to 87%

Live Mint  

India's crude oil import dropped 16 per cent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official data showed. {{^adFree}} {{/adFree}} But it paid USD 132.4 billion for the imports in FY24 as against USD 157.5 billion import bill in 2022-23, oil ministry's Petroleum Planning and …

India's Petrol Consumption Rises 7% Amid Summer Season, Diesel Demand Declines
8 months, 1 week ago

India's Petrol Consumption Rises 7% Amid Summer Season, Diesel Demand Declines

Deccan Chronicle  

New Delhi: With the onset of summer season, fuel demand is likely to go up as India’s petrol consumption surged 7 per cent in the first half of April, but diesel sales were down by 9.5 per cent. Diesel demand too was down 2.7 per cent month-on-month when compared to 3.22 million tonnes in the first half of March,” the …

Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5
8 months, 3 weeks ago

Gas price for Reliance trimmed to $9.87; rate for gas that feeds CNG, PNG supplies still at $6.5

The Hindu  

The government on March 31 cut the price of natural gas produced from difficult areas like deep sea KG-D6 block of Reliance Industries, marginally to $9.87 per million British thermal unit in line with softening of benchmark international gas prices, an official notification said. For the six-month period starting April 1, the price of gas from deepsea and high-pressure, high-temperature …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 30
8 months, 3 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 30

News 18  

Petrol, Diesel Prices Today On March 30, 2024: Every morning at 6 am, oil marketing companies reveal the prices of petrol and diesel, regardless of their stability. Petrol Diesel Price Today In India Mumbai Petrol & Diesel Price Delhi Diesel Price Today As of March 30, the cost of diesel is priced at Rs 87.62 per litre. Check city-wise petrol …

Petrol, Diesel Fresh Prices Announced On March 26: Know Fuel Rates In Your City
8 months, 4 weeks ago

Petrol, Diesel Fresh Prices Announced On March 26: Know Fuel Rates In Your City

News 18  

Petrol and Diesel Prices Today On March 26, 2024: Government oil companies have released the latest petrol and diesel rates for today i.e. Petrol-diesel prices in metros After this cut, the price of petrol in the national capital is now Rs 94.72 per liter, which was earlier Rs 96.72 per liter. Here the price of petrol has come down by …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 25
8 months, 4 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 25

News 18  

Petrol, Diesel Prices Today On March 25, 2024: Every morning at 6 am, oil marketing companies reveal the prices of petrol and diesel, regardless of their stability. Petrol Diesel Price Today In India Mumbai Petrol & Diesel Price Mumbai Petrol Price Today As of March 25, the price of petrol in Mumbai continued to exceed the Rs 100 mark, reaching …

India's crude oil output rises 7.9% to 2.3 MMT in February, imports decline 6.6% YoY: PPAC
9 months ago

India's crude oil output rises 7.9% to 2.3 MMT in February, imports decline 6.6% YoY: PPAC

Live Mint  

India produced a total of 2.3 million metric tonnes of crude oil in February 2024 - registering a growth of 7.9 per cent compared to the year-ago period, according to Petroleum Planning & Analysis Cell. Crude oil imports decreased by 6.6 per cent and increased by 0.4 per cent during February 2-24 and April-February 2024 respectively, compared to the corresponding …

Petrol and diesel prices reduced by ₹2 per litre ahead of Lok Sabha elections
9 months, 1 week ago

Petrol and diesel prices reduced by ₹2 per litre ahead of Lok Sabha elections

Hindustan Times  

Petrol and diesel prices are being reduced by ₹2 per litre, Union petroleum minister Hardeep Singh Puri announced on Thursday. “By slashing petrol and diesel prices by ₹2, prime minister Narendra Modi has once again shown that providing welfare and convenience to his family of crores of Indians, has always been his goal,” Puri wrote in a post on X. …

Cost of Living Highlights March 14: Fuel prices steady. Petrol, diesel prices remain unchanged. Check your city here
9 months, 1 week ago

Cost of Living Highlights March 14: Fuel prices steady. Petrol, diesel prices remain unchanged. Check your city here

Live Mint  

Cost of Living Highlights March 14: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. Novartis set to launch chronic myeloid leukemia drug in India Novartis India, the local arm of Swiss pharma giant Novartis …

Petrol, diesel prices reduced: Check new rates in your city
9 months, 1 week ago

Petrol, diesel prices reduced: Check new rates in your city

India TV News  

Petrol, Diesel Price Cut: The government on Thursday reduced petrol and diesel prices by Rs 2 per litre, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri informed. Taking to social media platform X, Hardeep Singh Puri wrote, "By reducing the price of petrol and diesel by Rs 2, PM Modi has once again proved that the welfare and …

Petrol pumps cap inventory amid hopes of fuel price cut
9 months, 1 week ago

Petrol pumps cap inventory amid hopes of fuel price cut

Live Mint  

New Delhi: Retail fuel pumps across the country are operating with about three days of stock against the usual inventory of five days over the past month amid speculations of a cut in petrol and diesel prices ahead of general elections. Oil marketing companies need to determine retail fuel prices on a daily basis under the dynamic pricing mechanism based …

No diesel, petrol price cut until crude stabilises: Puri
9 months, 2 weeks ago

No diesel, petrol price cut until crude stabilises: Puri

New Indian Express  

NEW DELHI: A day after reducing liquefied petroleum gas cylinder prices by Rs 100 nationwide, petroleum minister Hardeep Singh Puri clarified there are no plans to cut petrol and diesel prices in the domestic market until crude prices stabilise in the international market. The minister cited volatile nature of the international oil market and ongoing under-recoveries by the oil marketing …

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 2
9 months, 3 weeks ago

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On March 2

News 18  

Petrol, Diesel Prices Today On March 2, 2024: Every morning at 6 am, the prices of petrol and diesel are disclosed, regardless of whether they fluctuate or remain constant. Petrol Diesel Price Today In India Delhi Diesel Price Today As of March 2, the cost of diesel is priced at Rs 89.62 per litre. Mumbai Petrol & Diesel Price Mumbai …

India's crude oil output up 0.7% to 2.5 MMT in January, imports rise 5.7% YoY: PPAC
10 months ago

India's crude oil output up 0.7% to 2.5 MMT in January, imports rise 5.7% YoY: PPAC

Live Mint  

India produced a total of 2.5 million metric tonnes of crude oil in January 2024 - registering a growth of 0.7 per cent compared to the year-ago period, according to Petroleum Planning & Analysis Cell. Crude oil imports increased by 5.7 per cent and 0.9 per cent during January 2024 and April-January 2023-24 respectively, compared to the corresponding period of …

India oil product demand up 8.2% in January, says report
10 months, 1 week ago

India oil product demand up 8.2% in January, says report

Live Mint  

New Delhi: India's demand for oil products saw a significant increase of 398,000 barrels per day, or 8.2%, year-on-year in January, according to a report by S&P Global Commodity Insights. LPG and gasoline demand saw the highest growth in January, driven by increased heating needs during the winter and a rise in mobility following year-end holidays, respectively. In January, jet …

Crude oil price dips 38 percent but benefit not passed on to consumers: Congress
10 months, 2 weeks ago

Crude oil price dips 38 percent but benefit not passed on to consumers: Congress

New Indian Express  

NEW DELHI: The Congress on Wednesday attacked the government over fuel prices, alleging that crude oil has become cheaper in the last two years but "looting from the public continues". Congress general secretary Jairam Ramesh shared a media report on X in which he claimed that crude oil prices have gone down by 38 per cent but its benefits were …

Petrol, diesel fresh prices: Check rates of different cities on January 31
10 months, 3 weeks ago

Petrol, diesel fresh prices: Check rates of different cities on January 31

India TV News  

Every day, at 6 am, the curtain lifts on the prices of petrol and diesel, unfazed by the ebb and flow of market dynamics. This daily practice is a product of the strategic manoeuvres of oil marketing companies, adept at recalibrating prices based on the mercurial shifts in global crude oil prices and foreign exchange rates. With a finger on …

India's gas demand to rise 6% in 2024: International Energy Association
10 months, 3 weeks ago

India's gas demand to rise 6% in 2024: International Energy Association

India TV News  

India's natural gas demand is expected to rise by 6 percent in 2024 with a rise in consumption in fertiliser units, power generation and industrial sectors, according to the International Energy Agency. Following the 7 percent year-on-year decline observed in 2022, India's primary gas supply rose by 5 per cent in 2023, with growth primarily driven by the petrochemical, power …

India's crude oil output down 1.03% to 2.5 MMT in December, imports rise 1.1% YoY: PPAC
11 months ago

India's crude oil output down 1.03% to 2.5 MMT in December, imports rise 1.1% YoY: PPAC

Live Mint  

Crude oil imports increased by 1.1 per cent and 0.4 per cent during December 2023 and April-December 2023 respectively, compared to the corresponding period of the previous year. The cumulative natural gas consumption for the current financial year till December 2023 stood at 49,540 MMSCM, which was higher by 9.4 per cent compared with the corresponding period of the previous …

Oil companies may slash petrol, diesel prices by Rs 5-10 next month
11 months, 1 week ago

Oil companies may slash petrol, diesel prices by Rs 5-10 next month

India TV News  

State-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd are considering a reduction in petrol and diesel prices in February, just ahead of the Lok Sabha elections. The companies are expected to make a decision on reducing petrol and diesel rates, possibly by Rs 5 to Rs 10 per litre, after assessing their financial results and …

India reduces import of Russian crude oil over pricing
11 months, 1 week ago

India reduces import of Russian crude oil over pricing

Hindustan Times  

Indian refiners have significantly cut Russian crude imports and plan to further decrease shipments from the sanctions-hit country after Moscow steeply reduced discounts from about $10 a barrel to around $2 in recent months, at least four people directly aware of the development said. Indian oil companies have decided to cut crude imports from Russia because of only one reason, …

Crude oil prices falling but no relief to public: Kharge slams Centre
11 months, 2 weeks ago

Crude oil prices falling but no relief to public: Kharge slams Centre

Hindustan Times  

New Delhi: Congress president Mallikarjun Kharge on Thursday criticised the central government for failing to lower petrol and diesel prices claiming there has been a significant drop in global crude oil prices. Congress president Mallikarjun Kharge “Crude oil prices have plunged by 31% over 19 months,” he said and accused Prime Minister Narendra Modi-led Bharatiya Janata Party government at the …

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