Fuel Price News
ATF price cut by 4.6% to ₹93,480/kl in monthly revision. Check prices in Delhi, Mumbai
ATF price was cut by ₹4,495.5 per kilolitre to ₹93,480.22 per kilolitre in Delhi, easing airline costs. The reduction follows recent increases. Commercial LPG prices also rose by ₹39 per 19-kg cylinder.
2 min read2 Sep 2024ATF price cut 6.5% to ₹94,969.01/kl, 19-kg commercial LPG price cut by ₹69 to ₹1,676/cylinder
In Mumbai, the jet fuel price dropped to ₹88,834.27/kl from ₹95,173.70/kl. Notably, prices vary across states due to local taxes.
2 min read1 Jun 2024Rajasthan petrol pump strike: Deserted fuel pumps in Jaipur | Watch
The Rajasthan Petrol Dealers Association has initiated a ’No Purchase, No Sale’ strike set to begin at 6 am on Sunday, March 10 lasting for the subsequent 48 hours. Their goal is to bring attention to the exorbitant fuel prices within the state to the government.
1 min read10 Mar 2024India, Asia gains as Houthi attacks and freight costs disrupt diesel imports to Europe
Flows to the European Union and the UK plunged as higher freight costs stoked by the ongoing turmoil in the Red Sea, as well as unplanned refinery maintenance in Asia, made trade economics better for sending cargoes east rather than west.
1 min read20 Feb 2024‘No discussion on fuel price cuts’: Amid Red Sea attacks, Hardeep Singh Puri says rates won’t be affected unless...
On crude oil and gas prices, petroleum minister Hardeep Singh Puri said the prices would be affected if crude supply is impacted. “...if you think that prices will rise in future, then pray to God that there’s no turbulence and things are normal,” he said.
1 min read3 Jan 2024BP Asks U.S. Regulator to Intervene in Escalating Natural-Gas Feud
Venture Global is being accused of skirting disclosure rules while maintaining “a veil of secrecy around its operations” to the detriment of some customers.
3 min read12 Dec 2023Petrol, diesel may get cheaper as OMCs become profitable: Report
In contrast to peak losses of ₹17 per litre on petrol and ₹35 per litre on diesel in 2022, OMCs are now making a profit of ₹8-10 per litre on petrol and ₹3-4 per litre on diesel.
1 min read11 Dec 2023Government cuts windfall tax on crude petroleum to ₹5,000/tonne, jet fuel price also down
Windfall tax on crude petroleum has been reduced from ₹6,300/tonne to ₹5,000/tonne, while the levy on jet fuel has been adjusted to ₹1.06 lakh per kilo litre
2 min read1 Dec 2023India plans global biofuel alliance with eye on Opec+ | Mint Primer | Mint
India is set to launch the Global Biofuel Alliance (GBA) in Goa, aiming to impact the global energy landscape. While G20 countries and others are attending the event, Saudi Arabia, Russia, and China are expected to skip it. The alliance focuses on biofuel adoption, standards, and industry participation. India’s move signals its stance on net-zero and OPEC+ issues. Learn how this initiative could shape global energy policies and India’s ambitious biofuel roadmap. Stay tuned for more insights into the GBA’s impact on the world’s energy transition.
24 Jul 2023At 2.9 mmt, petrol sales remain flat in June, cooking gas demand down 3.4%; check details
The daily petrol sales remained flat at nearly 2.90 million tonnes. However, petrol demand rose 3.4 per cent when compared to the corresponding month last year.
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