State-controlled oil marketing companies increased retail petrol and prices for the sixth consecutive day on Tuesday. After today’s rate revision, petrol became dearer by 9-11 paise while diesel price was hiked by 6-7 paise per litre across metropolitan cities of the country. In Delhi, petrol price peaked to Rs 71 a litre as against Rs […]
Petrol, diesel prices were cut on Tuesday and after today’s price revision, petrol became cheaper by 14-16 paise across major cities of the country while diesel became cheaper by 10-11 paise per litre. In the national capital Delhi,
State-run oil marketing companies on Thursday slashed retail petrol and diesel prices across cities. After today’s price revision, petrol became cheaper by 10 paise across four metropolitan cities of the country while diesel rates are down
The State Government has increased the rate of sales tax on petrol and diesel to 32% and 21% respectively to protect its revenues from auto fuel taxes. The government was losing revenues from this source since the prices of petrol and diesel have been falling in the past 10 weeks.
Indian state-owned fuel retailers have stopped absorbing a government-mandated cut of 1 rupee (0.014 U.S. cents) a liter in their marketing margins on the sale of petrol and diesel due to a steep fall in global oil prices, sources said.
Jet fuel price Tuesday was cut by a record 14.7 per cent on the back of decline in international rates, making it cheaper than both petrol and diesel. The price of Aviation Turbine Fuel (ATF) — used to power airplanes
India’s diesel demand is likely to double to 163 million tonne (MT) in 12 years as consumption rises in the world’s fastest-growing economy, Oil Minister Dharmendra Pradhan said Monday.
Petrol and diesel prices were slashed by 30-32 paise on Saturday. After today’s price revision, while petrol became cheaper by up to 30 paise, diesel price went down by up to 32 paise across major cities in the country.
Oil marketing companies today slashed petrol and diesel prices amid a decline in global oil prices. Petrol prices today saw a cut of around 20 paise a litre in top cities while diesel prices witnessed a fall of around 15 paise.
In what could translate into an electoral bonanza for the government, the crashing global crude prices have started to pin down retail petrol and diesel prices in the market.