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 the same period last year. Month-on-month petrol sales dropped 5.3% compared to 2.82 million tonnes of consumption in March. Month-on-month, LPG demand fell 8.3% against 2.67 million tonnes consumption during March, the data showed.

India Sales Consumption Demand Million Tonnes Petrol Diesel Diesel Demand Petrol Sales  sales  million  demand  2022  diesel  2024  fuel  tonnes  123  compared  consumption  petrol  23  slides

History of this topic

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 …

The IMF's WEO and the Rise of China: A Cautionary Tale for India
1 month, 4 weeks ago

The IMF's WEO and the Rise of China: A Cautionary Tale for India

Hindustan Times  

The IMF's World Economic Outlook report sheds light on the competitive edge China holds in the electric vehicle (EV) industry. The report highlights the sharp rise in labor productivity in China, which has enabled them to produce EVs at lower costs compared to their European counterparts. This competitiveness could lead to a global disruption in the EV market, which is …

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 …

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 …

India’s industrial output grows 4.8% in July
3 months, 1 week ago

India’s industrial output grows 4.8% in July

The Hindu  

India’s industrial output growth rose 4.8% in July, the second-slowest pace in the financial year 2024-25, from an upgraded 4.7% growth in June, even as mining and electricity growth slowed, and non-consumer durables’ production slipped a sharp 4.4%, marking the third contraction in four months. Manufacturing output growth picked up to 4.6% in July, from 3.2% in June, and was …

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 …

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 …

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 …

India's industrial output's year-on-year growth increases to 5% in April 2024
6 months, 1 week ago

India's industrial output's year-on-year growth increases to 5% in April 2024

Hindustan Times  

The Index of Industrial Production grew by 5% for April 2024, compared to 4.6% growth during the same month of the previous year. IIP tracks activity in manufacturing, mining, and electricity generation IIP shows the performance of the industrial sector. The IIP figure for April 2024 stood at 147.7 compared to 140.7 in the same month last year, according to …

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, 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 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 …

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 …

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. …

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, 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 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 …

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 …

No Plans to Cut Petrol, Diesel Prices Ahead of Lok Sabha Polls: Hardeep Singh Puri
11 months, 2 weeks ago

No Plans to Cut Petrol, Diesel Prices Ahead of Lok Sabha Polls: Hardeep Singh Puri

Deccan Chronicle  

New Delhi: Ahead of Lok Sabha polls this year, the probability of a cut in prices of petrol and diesel has been ruled out by the government as Union petroleum minister Hardeep Singh Puri on Wednesday clarified that there’s no proposal to cut fuel prices, while the media reports are ‘speculative’. The statement by the oil minister comes amid several …

Is petrol, diesel price cut happening? Oil minister Hardeep Singh Puri responds
11 months, 3 weeks ago

Is petrol, diesel price cut happening? Oil minister Hardeep Singh Puri responds

India TV News  

Petrol, diesel price cut: Amid reports that petrol, diesel prices may be reduced in the coming days, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that global oil market is in a "highly turbulent" situation and it has to stabilise before any cut. The Union Minister informed, "There has been no discussion with the oil marketing …

Petrol and diesel prices on November 20: What are the rates in your city today?
1 year, 1 month ago

Petrol and diesel prices on November 20: What are the rates in your city today?

Hindustan Times  

The petrol and diesel prices across Delhi, Mumbai and other metropolitan cities remained unchanged on Monday, November 20, as major oil marketing companies like Bharat Petroleum, Hindustan Petroleum and Indian Oil decided to keep the rates stable. The petrol and diesel prices in Delhi were recorded at ₹96.72 and ₹89.62 respectively on November 20, while in Mumbai, the fuel rates …

Mint Explainer: Why India isn't ready to ditch diesel just yet
1 year, 3 months ago

Mint Explainer: Why India isn't ready to ditch diesel just yet

Live Mint  

On Tuesday, union minister for road transport and highways Nitin Gadkari created a stir among automobile industry stakeholders at the 63rd annual convention of the Society of Indian Automobile Manufacturers when he made repeated references to proposing a "pollution tax" in the form of 10% GST on generators and vehicles with diesel-powered engines. Soon after, the stock prices of Tata …

India diesel exports to Singapore set for highs in Aug, drop for Europe -trade
1 year, 4 months ago

India diesel exports to Singapore set for highs in Aug, drop for Europe -trade

Firstpost  

The country’s exports of fuel for August to Europe, on the other hand, are poised to fall to their lowest this year, according to one ship-tracker, as shipments to the east are more profitable, but that situation may not last. India’s diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted …

Petrol, Diesel Prices Announced For August 19: Check Latest Fuel Rates In Your City
1 year, 4 months ago

Petrol, Diesel Prices Announced For August 19: Check Latest Fuel Rates In Your City

News 18  

Petrol and diesel prices on Saturday, August 19, remained unchanged in major cities of India, including New Delhi, Mumbai, Chennai, and Kolkata. In Delhi, petrol price stood at Rs 96.72 per litre and diesel price was at Rs 89.62 per litre. In Mumbai, petrol was selling at Rs 106.31 per litre and diesel at Rs 94.27 per litre. In Chennai, …

Petrol, diesel sales fall in August as rains ebb demand
1 year, 4 months ago

Petrol, diesel sales fall in August as rains ebb demand

The Hindu  

India's petrol and diesel consumption fell in the first half of August from the previous month and a year ago, as monsoon rains hit mobility and slowed industrial activity, preliminary data of state-owned firms showed on Wednesday, August 16, 2023. Consumption of diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, fell 5.7 per …

Petrol and diesel prices on July 26: Check latest rates in your city today
1 year, 4 months ago

Petrol and diesel prices on July 26: Check latest rates in your city today

Hindustan Times  

Petrol and diesel prices were revised by the oil marketing companies on Wednesday. As per the latest revision of rates, petrol in Delhi cost ₹96.72 per litre while the diesel rate stood at ₹89.62 per litre. In India's financial capital Mumbai, petrol was being sold at ₹106.31 per litre while the price of diesel stood at ₹94.27 per litre. In …

Petrol and diesel prices on July 22: Check latest rates in your city today
1 year, 5 months ago

Petrol and diesel prices on July 22: Check latest rates in your city today

Hindustan Times  

Petrol and diesel prices remained unchanged for major Indian cities on Saturday. According to fuel prices revised by oil marketing companies at 6 am, petrol in Delhi was being sold at ₹96.72 per litre while the price of diesel stood at ₹89.62 per litre. Petrol and diesel prices are revised daily by the oil marketing companies at 6 am CITY …

Petrol, Diesel Fresh Prices Announced For July 13: Check Fuel Rates In Your City
1 year, 5 months ago

Petrol, Diesel Fresh Prices Announced For July 13: Check Fuel Rates In Your City

News 18  

Petrol, and Diesel Prices on July 13: The price of Petrol and Diesel remained constant on Thursday, July 13 across major cities like New Delhi, Kolkata, Mumbai, and Chennai. According to government oil companies, petrol has become cheaper by 14 paise in Ghaziabad and has become Rs 96.44 a litre, while diesel has fallen by 13 paise to Rs 89.62 …

Petrol, Diesel Fresh Prices Announced For July 12: Check Fuel Rates In Your City
1 year, 5 months ago

Petrol, Diesel Fresh Prices Announced For July 12: Check Fuel Rates In Your City

News 18  

Petrol, and Diesel Prices on July 12: The price of Petrol and Diesel remained constant on Wednesday, July 12 across the major cities like New Delhi, Kolkata, Mumbai, and Chennai. Whereas in Mumbai, petrol is available at Rs 106.31 and diesel at Rs 94.27 per litre. On the other hand, petrol is being sold at Rs 102.63 and diesel at …

Petrol and diesel prices on July 2: Check latest rates in your city
1 year, 5 months ago

Petrol and diesel prices on July 2: Check latest rates in your city

Hindustan Times  

Petrol and diesel prices remained unchanged in several Indian cities on July 1. The fuel prices are revised daily at 6 am by the oil marketing companies. According to the fuel prices announced by the oil marketing companies, petrol was being sold in Delhi at ₹96.72 per litre while the cost of diesel stood at ₹89.62 per litre. In Mumbai, …

India’s industrial production up 4.2% in April from 1.1% in March
1 year, 6 months ago

India’s industrial production up 4.2% in April from 1.1% in March

Live Mint  

The index of industrial production in India rose 4.2 per cent on an annual basis in the month of April from 1.1 per cent in March and 6.7 per cent in April 2022, according to data released by the Ministry of Statistics and Programme Implementation on Monday. India's industrial production growth slipped to a five-month low of 1.1 per cent …

Petrol, diesel prices in India will go down when... I Officials revealed all DETAILS
1 year, 6 months ago

Petrol, diesel prices in India will go down when... I Officials revealed all DETAILS

India TV News  

Margins on petrol and diesel have turned positive following softening of international oil prices but a revision in retail prices may happen only after state-owned oil firms recoup losses they incurred last year, officials said. State-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd have temporarily abandoned the daily price revision since last year and have …

Supermarkets have cut rip-off diesel prices by 7p-a-litre since watchdog report
1 year, 6 months ago

Supermarkets have cut rip-off diesel prices by 7p-a-litre since watchdog report

Daily Mail  

Supermarkets have cut the price of diesel by 7p-a-litre under a threat of legal action by the competitions watchdog. Since May 15, when the regulator noted a rise in profit margins, the average price of per litre of diesel at supermarkets has fallen by 7.44p – from 151.02p to 143.58p. Major retailers, including supermarkets, have cut their diesel prices by …

Diesel drops below £1.50-a-litre for the first time in 15 MONTHS
1 year, 7 months ago

Diesel drops below £1.50-a-litre for the first time in 15 MONTHS

Daily Mail  

The average diesel pump price has dropped below £1.50p-a-litre for the first time since 1 February 2022, meaning it is down 50p on the record highs drivers faced in July. Diesel drop: The price of the fuel has dipped below £1.50-a-litre for the first time since February 2022 and is now 50p less than the record high posted last summer …

Supermarkets hike diesel and petrol prices more than needed, CMA finds
1 year, 7 months ago

Supermarkets hike diesel and petrol prices more than needed, CMA finds

Daily Mail  

Fuel retailers, particularly supermarkets, have hiked diesel and petrol prices more than needed to boost profit margins, the competition watchdog has found. Fuel prices: The CMA will be grilling supermarkets 'to get to the bottom of what is going on' 'Evidence gathered by the CMA indicates that fuel margins have increased across the retail market, but in particular for supermarkets, …

Govt. panel proposes ban on diesel 4-wheeler vehicles by 2027
1 year, 7 months ago

Govt. panel proposes ban on diesel 4-wheeler vehicles by 2027

The Hindu  

India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fuelled vehicles in cities with more than a million people and polluted towns in order to cut emissions, a panel formed by the Ministry of Petroleum and Natural Gas is recommending. "By 2030, no city buses should be added which are not electric.diesel buses …

How petrol and diesel prices have changed over the past decade
1 year, 7 months ago

How petrol and diesel prices have changed over the past decade

Daily Mail  

Petrol and diesel prices have fallen almost 50p a litre since they peaked last summer, but are still far higher than they were in 2021, new figures have shown. In its weekly report on road fuel prices, the Department of Energy Security and Net Zero reported that the average price of unleaded at the pump is now 145.71p per litre. …

India’s March fuel demand soars on robust economic activity
1 year, 8 months ago

India’s March fuel demand soars on robust economic activity

Live Mint  

India's fuel consumption jumped to a record high in March, data showed on Monday, fuelled by robust economic activity in the world's third biggest oil consumer. Consumption of fuel, a proxy for oil demand, rose by 5% from a year earlier to 4.83 million barrels per day, the highest recorded in data going back to 1998 from the Indian Oil …

Petrol and diesel prices on April 10. Check prices in your city
1 year, 8 months ago

Petrol and diesel prices on April 10. Check prices in your city

Hindustan Times  

The cost of petrol and diesel in India remained stagnant on Monday, continuing a ten-month trend of price stability. Prices were last revised in May 2022 after the Finance minister Nirmala Sitharaman announced to slash the excise duty on petrol and diesel by ₹8 per litre and ₹6 per litre, respectively. The government controls the fuel prices through excise duty, …

Why Petrol, Diesel Prices Won't Fall in India Despite Cheaper Crude Oil?
1 year, 9 months ago

Why Petrol, Diesel Prices Won't Fall in India Despite Cheaper Crude Oil?

News 18  

Even as crude oil prices have fallen significantly following the bank collapses in the US, including Silicon Valley Bank and Signature Bank, the prices of petrol and diesel are unlikely to come down in India. According to a CNBC-TV18 report quoting sources, prices of petrol and diesel in India are unlikely to be reduced anytime soon as oil marketing companies …

Petrol, Diesel Prices In India Unlikely To Be Cut Despite Cheaper Crude Oil: Report
1 year, 9 months ago

Petrol, Diesel Prices In India Unlikely To Be Cut Despite Cheaper Crude Oil: Report

News 18  

Prices of petrol and diesel in India are unlikely to be reduced anytime soon as oil marketing companies have to recover accumulated losses of Rs 18,000 crore due to high crude prices in earlier quarters, according to a CNBC-TV18 report quoting sources. Petrol prices in India have been stagnant since May 2022, when Finance Minister Nirmala Sitharaman reduced the prices …

Petrol Price Above Rs 100 In Mumbai, Chennai, Kolkata; Check Latest Petrol, Diesel Rates in Your City
1 year, 9 months ago

Petrol Price Above Rs 100 In Mumbai, Chennai, Kolkata; Check Latest Petrol, Diesel Rates in Your City

News 18  

Petrol and Diesel Price Update On March 11: Petrol and diesel prices, which usually get updated at 6 am every day, have not budged a single point since May 21 last year, when the government reduced the duties on the primary automotive fuels in the country. The price of petrol in Delhi on Saturday stood at Rs 96.72 per litre, …

India's February Fuel Demand Hit At Least 24-Year High, Shows Data
1 year, 9 months ago

India's February Fuel Demand Hit At Least 24-Year High, Shows Data

News 18  

India’s fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in Asia’s third biggest economy boosted by cheap Russian oil. Consumption of fuel, a proxy for oil demand, rose by more than 5% to 4.82 million barrels per day in February, its 15th consecutive year-on-year rise, data showed. The …

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