What is interesting is that gas suppliers to CNG and PNG markets have made lofty margins in the pandemic period due to non revision of piped natural gas and compressed natural gas prices during the inadequacy when the cereal gas prices had fallen globally due to demand compression and lockdowns.
In Odisha, the compounding effect of fuel price hike continues to pile up more miseries on people with the rise in fares of public transport. As per the data available with OTV, in the last 20 days, petrol prices have jumped over Rs 4.50 while diesel has now become dearer by Rs 5.49 since September 28.
Bhubaneswar: Along with petrol, diesel prices in the country has risen for the sixth time in December. However, if the count is done since November, it’s the 15th straight hike for the fossil fuels. The rise is attributed to upward movement of crude oil (Indian Basket), which on Dec 8 stood at $48.52 from $48.3 […]
Amritsar: Petroleum and Natural Gas Minister Dharmendra Pradhan said today that fuel prices may come down by Diwali, which is next month. The comments come amid criticism by opposition parties of a sharp rise in oil prices after the daily rate revision mechanism was introduced by the government recently. “Fuel prices may come down by Diwali […]