Auto Fuel News

Industry

Price crash brings no relief: Oil cos keep fuel prices unchanged for 40 days

Auto fuels today maintain almost the same price levels at pumps that was existing on March 14, when govt raised the excise duty on petrol and diesel by ₹3 a litre on the back of a single day over 30% fall in crude to $35 a barrel

2 min read25 Apr 2020
Politics

What does IMF’s new growth view mean for India?

IMF says negative effects of higher oil prices on domestic demand and monetary policy tightening by RBI were the key reasons for its downward revision of growth forecasts

1 min read18 Jul 2018
Industry

Rs4 per litre hike in petrol, diesel prices in the offing: Brokerage firms

Since the Karnataka elections, petrol price has risen by 69 paisa/ per litre, taking the rate to Rs75.32 in Delhi. Diesel is costlier by 86 paisa per litre and war retailing at Rs66.79 a litre

1 min read17 May 2018
Politics

BS-VI fuel to be available in NCR by 1 April 2019: Govt to SC

The government consulted Indian Oil, Bharat Petroleum, Reliance Industries, Hindustan Petroleum, and Essar Oil before submitting the affidavit in court

2 min read1 May 2018
Industry

Diesel price at all-time high, petrol costliest since September 2013

State-owned oil firms, which have been since June last year revising auto fuel prices daily, on Sunday raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification

2 min read23 Apr 2018
Industry

BS-VI fuels supply: SC asks govt to look into issue of diesel pricing

Supreme Court proposes the possibility of introducing BS-VI auto fuels across 13 leading metros by 1 April

1 min read26 Mar 2018
Industry

Indian refiners eye entry into Myanmar to supply auto fuel

Indian Oil Corp. is keen to start retailing operations in Myanmar for which it has submitted a proposal to the government of that country

2 min read15 Apr 2017
Industry

Cars from Beijing to Mumbai lift world’s costliest crudes higher

Producers are betting that auto-fuel demand will help keep their premium crude coveted by refiners

2 min read25 Apr 2016
Industry

Essar Oil plans to open 400 petrol pumps in the UK in three years

Essar Oil, the only Indian firm to own a refinery in Europe, opened its first petrol pump in Leicestershire in November 2015 and has added six more stations

2 min read18 Apr 2016
Industry

Road transport ministry to allay auto industry’s BS VI fuel concerns

The ministry is seeking to address concerns regarding Bharat Stage VI fuel quality standards proposed in the draft notification

3 min read22 Mar 2016
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