Fuel Price News
Price hike: 19 kg commercial LPG cylinder up by ₹16.50, at ₹1,818.50 in Delhi from today, ATF up 1.45%. Check details
Price hike: OMCs raised 19 kg commercial LPG cylinder prices by ₹16.50, now at ₹1,818.50 in Delhi. The price hike affects businesses reliant on LPG, while 14.2 kg domestic cylinder rates remain unchanged, providing some relief to households.
2 min read1 Dec 2024Ajit Ranade: Inflation control holds primacy as an objective for RBI
The Indian central bank is required to keep the cost of living stable and so its target gauge must fully represent retail inflation—although we also need to update and improve how we measure it
4 min read25 Nov 2024Lower crude price gains may be capped for OMCs
A possible cut in fuel retail prices is a looming threat. However, the adverse impact can be limited if the cut remains in the range of about ₹2 per litre.
3 min read18 Sep 2024ATF 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 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared