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Lok Sabha Elections 2019: Petrol, diesel price remain stable despite 5% rise in crude - This OMC is Morgan Stanley’s top pick
Thu, May 23, 2019
A Morgan Stanley research note highlights that, retail fuel prices remained range-bound during elections, despite 5% rise in oil prices since April.
Petrol, diesel prices: General elections 2019 may have forced oil companies to bear losses
Wed, Apr 10, 2019
The state-run oil marketing companies will also jump to balance their books. Indications are that these companies might be keeping the prices artificially low at the behest of the government so as to prevent consumer outrage.
Petrol, diesel prices to decline further: Petroleum Minister Dharmendra Pradhan
Wed, Jan 02, 2019
Speaking to reporters on the sidelines of an event here to hand over the 6 croreth free cooking gas (LPG) connection to poor households under the Ujjwala Yojana, Pradhan said the government is expanding the refinery capacity in the country which will bring down the prices of diesel and petrol further.
Petrol prices at lowest level in 2018 at Rs 69.74 today, diesel also becomes cheaper
Thu, Dec 27, 2018
In Mumbai, petrol is priced at Rs 75.36 per litre, against Rs 75.41 yesterday, while diesel is available at Rs 66.72 per litre, compared to Rs 66.79 yesterday.
Assembly Election Results 2018: Petrol, diesel prices cut for sixth straight day
Tue, Dec 11, 2018
Oil prices, however, remained on shaky ground today after sliding by 3 percent the previous day, pressured by weakness in global stock markets. There were doubts that planned supply cuts led by producer club OPEC will be enough to rein in oversupply.
Petrol, diesel prices witness downward trend in past 6 weeks; Check today’s rates in Delhi, Mumbai, Bengaluru, Chennai, Kolkata
Fri, Nov 30, 2018
As crude oil prices falling to year-low levels, petrol and diesel rates have been falling down continuously since the last 45 days. According to petrol, diesel price chart of last six weeks, petrol price is down by about Rs 10 per litre and diesel by about Rs 8. The consumers no doubt are feeling a sigh of relief as it had a cascading effect leading to price rise of other items.
Massive move! Gujarat scraps permission needed for sale/purchase of diesel, petrol
Thu, Oct 25, 2018
The decision was taken in keeping with the principle of "minimum government, maximum governance", it said. "Chief Minister Vijay Rupani has decided to do away with permits for purchase, storage and sale of petrol and diesel," the release said.
Are you a Delhiite? Save your pocket, pay less for petrol, diesel!
Wed, Oct 10, 2018
As such, compared to Delhi, Noida consumers have to pay Rs 79.59 for petrol and Rs 71.95 for diesel, Which shows the difference of Rs 2 per litre.
Are you getting petrol, diesel priced lower by Rs 5 now? Check full list of states where fuel rates have been cut
Fri, Oct 05, 2018
Apart from crude oil prices, it was VAT and excise duty which made it very difficult for OMCs to trim petrol, diesel prices.
Petrol, diesel prices can be slashed by up to Rs 4.60/L: Analysts
Fri, Oct 05, 2018
Petrol, diesel price cut: States are sitting on a revenue windfall arising from higher fuel prices and have the cushion to follow the Centre's call on price cuts without impacting their revenue arithmetic, say analysts.
Modi govt bites bullet, cuts excise duty; petrol, diesel prices cheaper by Rs 2.50
Thu, Oct 04, 2018
Making this announcement in a press conference, Finance Minister Arun Jaitley said, "We are writing to the state government that as the central govt is cutting Rs 2.50 on both petrol & diesel, they do the same.
Petrol price sniffs at Rs 90 in Mumbai; 12 Maharashtra cities selling over Rs 91
Tue, Sep 18, 2018
Meanwhile, in as many a dozen cities in the state, petrol is already is selling between Rs 90 and 91 a liter, with the price in Parbani at Rs 91.27 a litre, while diesel cost Rs 79.15 being the highest across the country, which dealers said is due to the fact that the city gets the fuel from the Solapur depot, which is about 275 km away.
Live in Karnataka? You just got some good news on petrol diesel prices
Mon, Sep 17, 2018
Chief Minister H D Kumaraswamy, who heads a JD(S)-Congress government, today announced the coalition government's decision to cut petrol and diesel prices by Rs 2 per litre.
Fuel on fire! Petrol price in Delhi hits Rs 81.28/litre mark, diesel at Rs 73.30/litre
Fri, Sep 14, 2018
The Fuel price rise touched a new high in Mumbai today, as the petrol rate hiked by 28 paise to Rs 88.67/litre and diesel by 24 paise to Rs 77.82/litre. In the national capital, petrol is selling at Rs 81.28/litre, while diesel is available at Rs 73.30/litre, according to a price notification issued by Indian Oil Corporation (IOC).
Live in West Bengal? Your petrol, diesel payments to fall; This is how much you will benefit
Tue, Sep 11, 2018
Speaking to reporters at the state secretariat in Kolkata, Mamata Banerjee said, "For the time being, we have decided to slash one rupee for each litre of petrol and diesel. We also demand that the central government consider cutting down the cess on diesel and petrol prices."
Petrol, diesel prices: You will pay a rate today never paid before
Mon, Sep 10, 2018
Petrol prices have crossed Rs 88 per litre in Mumbai today as fuel prices continue to rise. Prices increased by Rs 0.23 per litre in Mumbai, and reached Rs 88.12 per litre, while in Delhi, it was priced at Rs 80.73 against yesterday's Rs 80.50. In other metro cities like Kolkata and Chennai, petrol prices are at Rs 83.61 and Rs 83.91 respectively.
Petrol, diesel prices soar today by whopping 48p and 55p respectively; check rates in Delhi, Mumbai, Kolkata and more
Fri, Sep 07, 2018
Petrol, diesel prices: In other metro cities the prices of the petro products are rising in the same fashion, a litre of petrol in Kolkata is at Rs 82.88 today, while in Chennai at Rs 83.13. Similarly, a litre of diesel is now available at Rs 74.92 in Kolkata, and at Rs 76.17 in Chennai.
Soaring diesel, petrol prices, rupee set to hit economy; govt can do very little
Wed, Sep 05, 2018
Surging fuel prices have the potential to destablise the economy as it is inflationary, can widen current account deficit, already hit by falling rupee and impact the strained fiscal deficit if tax cuts are resorted to rein in prices, say experts.
Why your next trip to a petrol station will leave you teary eyed
Tue, Sep 04, 2018
The rising petrol prices in different parts of the country are drawing the ire of people who blame the government for not being able to control fuel price hike.
Diesel prices hit all-time high; petrol Rs 78.05/litre in Delhi
Tue, Aug 28, 2018
According to price notification of state-owned fuel retailers, petrol price was hiked by 14 paise and diesel by 15 paise. The increase pushed up the petrol price past Rs 78 for the first time since June 3, and it now costs Rs 78.05 a litre in Delhi. In Mumbai, however, petrol is priced at Rs 85.47.