Tag: Fuel Prices

Thrice in just four days! After a day’s pause, Petrol and Diesel prices were increased for the third time in four days after two straight hikes across the country. The fuel prices were hiked by Rs 80 paise per litre each on Friday.

Across the country as well, the price of the fuel remained unchanged on Wednesday, but the retail rates varied depending on the level of local level taxes.

However, petrol and diesel prices remained unchanged on Monday after increasing for four consecutive days.

There has been a constant rise in the prices of petrol and diesel for the past six days and the rates are soaring at an all-time high. The prices of petrol and diesel remained steady on October 4, 2021 but saw a hike after that.

Since September 5, when both petrol and diesel prices were revised, the price of petrol and diesel in the international market is higher by around $8-9 per barrel as compared to average prices during August.

In Mumbai, the petrol price was stable at Rs 107.26 per litre while the diesel rate increased to about Rs 96.40 a litre.

The daily review and revision of prices are based on the average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.

The long price pause for auto fuels came after fuel prices increased for 41 days in the current financial year.

Bhubaneswar/New Delhi: Petrol and diesel prices across the country were cut by nine paise for the fourth straight day on Saturday. In the past 16 days, petrol and diesel prices hiked in the range of Rs. 3.22-3.99 per litre in the four metros including New Delhi, on the back of a rise in global crude […]

The week-long price pause comes after fuel prices increased on 41 days and remained unchanged on 44 days since May 1.

Bhubaneswar: Protesting rise in fuel prices, activists of the BJD youth and students’ wing staged demonstration near Master Canteen square here on Thursday. The BJD activists today carried out a rally on bullock carts and staged protests at the Master Canteen square demanding immediate cut in fuel prices. The ruling party alleged that fuel prices […]

New Delhi: For the Indian oil and gas sector, the year was defined by what occured outside with crude oil prices rising steadily to cross $86 a barrel owing to oil producers starting output cuts from January, before a sharp correction in the third quarter brought it down to below $50 earlier this month. Consequently, […]

New Delhi: Amid reports of a deal between Saudi Arabia and Russia to cut crude production, Indian state-run oil firms continued to lower transport fuel prices for the eleventh straight day on Sunday, with petrol prices touching the lowest level in the ongoing fiscal across the major metros. In the national capital, petrol price fell […]

New Delhi: State-run oil-marketing companies continued to cut the prices of key transport fuels — petrol and diesel — well into the fifth week on Sunday on lower global crude oil prices. According to the Indian Oil Corp data, petrol was priced at Rs 76.71 per litre in the national capital on Sunday, 20 paise lower […]

New Delhi: Petrol and diesel prices witnessed an increase across the four metro cities on Sunday, two days after the government announced an excise duty cut on the fuel to give relief to the common man. In the national capital, petrol was priced at Rs 81.82 per litre, up from Rs 81.68 on Saturday, data […]