Former planning commission member Kirit Parikh has suggested measures that can reduce petrol and diesel prices by Rs 5-6 without hurting the government revenues if a balanced approach is adopted.
Petrol, diesel prices were slashed again on Thursday after remaining unchanged on Wednesday. Petrol price was cut by 14-16 paise while diesel became cheaper by 9-11 paise after today’s revision. In November so far,
After crude oil prices fell by 7% yesterday and the rupee appreciated to 72 against the US dollar today, petrol and diesel prices in India are likely to fall further tomorrow. Fuel prices haven’t been increased since almost a month now
A day after Diwali, state-run oil marketing companies today reduced the price of petrol by 21 paise per litre and that of diesel by 18 paise. With international crude oil prices melting, prices of automobile fuels in India have not been increased
Petrol, diesel price cut continues, petrol rates down 21 paise in Delhi; how to check prices in your city
The oil marketing companies (OMCs) once again decreased the prices of petrol and diesel on Thursday amid softening global crude oil prices. The petrol and diesel prices in Delhi are Rs 78.21 per litre (decrease by Rs 0.21) and Rs 72.89 per litre (decrease by Rs 0.18), respectively.
As global crude oil rates continue to tumble, petrol and diesel prices were decreased once again today by 22 paise and 20 paise, respectively. After touching a record high last month, petrol prices are now at their lowest level since September.
Continuing the downward trend, petrol prices came down by around 15 paise per litre today and diesel fell by 5 paise per litre. Petrol prices have reduced for eighth day consecutively.
Asia’s petrol margin fell to more than a two-year low late last week due to ample supplies, and the October average is now expected to be the worst for the month since 2013, based on Thomson Reuters data.
Petrol and diesel rates were further reduced on Saturday amid a reduction in global crude oil prices. Oil marketing companies (OMCs) have cut the fuel rates for the third straight day as the prices hit record levels in the past.
Petrol and diesel prices Thursday were reduced for the first time in over two months because of a drop in the cost of production, according to state-owned oil firms. Petrol price was cut by 21 paise per litre and diesel by 11 paise