Tag: Diesel Price Hike

Till last Tuesday, fuel prices were steady since November 2021 when the Centre reduced excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively.

If such a price rise of fuel continues, the price of several other essential commodities will most likely mount. This will again add up to the woes already inflicting on the monthly budget of lower and middle-class families.

The OMCs revise the transportation fuel cost based on various factors such as rupee to US dollar exchange rate, cost of crude oil and demand of fuel amongst others.

In 2020-21, the domestic production of edible oils stood at 111.51 lakh tonnes, while imports were recorded at 134.52 lakh tonnes and demand was for 246.03 lakh tonnes.

People In Odisha React To Petrol Price Hike

Prices also remained static on Sunday in Kolkata where the price of petrol was reduced by Rs 5.82 to Rs 104.67 per litre and that of diesel by Rs 11.77 to Rs 89.79 per litre on the previous day.

The fuel prices have now increased on a fifth consecutive day. Before this after holding for a couple of days, fuel prices again has risen on the previous five days by about 35 paise per litre.

The Biju Chhatra Janata Dal (BCJD) and Biju Yuva Janata Dal (BYJD) will hold demonstrations outside petrol pumps in all 147 assembly constituencies.

It remained static again on Monday and Tuesday before rising again on Wednesday.

There was no change in rates on October 12 and 13.

The fuel prices remained static on Monday and Tuesday, but had risen for four straight days by 35 paise per litre previously before rising again for three consecutive days on Wednesday, Thursday and Friday.

Keonjhar: Transportation of minerals in Joda mining area of Keonjhar district has been disrupted since Tuesday due to an agitation being staged by dumper and truck owners’ associations protesting skyrocketing of diesel prices. Members of the Mining Area Truck Owners’ Association, Joda have also joined the strike. The vehicle owners have been demanding a rise […]

Global cues pushed fuel prices to increase again across the country on Saturday, adding more misery for the common man already grappling with rising food prices amidst shrinking income.

Fuel prices increased again across the country on Tuesday adding more misery for the common man already grappling with rising food prices amid shrinking income.

New Delhi: Petrol and diesel prices witnessed a sharp jump on Sunday – the highest in the last six days after the drone attack on the oil processing facility of Saudi Arabia earlier this month. The Petrol price rose by 27 paise to Rs 73.62 a litre in Delhi. The rate of diesel was increased […]