Petrol

As India expands E20 fuel adoption, Brazil's decades-old ethanol programme has become a key reference point in the debate. While the Centre cites Brazil's success in defending higher ethanol blending, critics have argued otherwise.

Experts say there are no pure-play ethanol mutual funds, but investors can gain exposure through select index, thematic and sectoral funds. Given the cyclical, regulatory and adoption risks, they suggest diversified funds rather than concentrated stock bets.

The oil minister said OMCs are still selling fuel refined from costlier crude bought during the West Asia conflict, while cumulative under-recoveries have climbed to about ₹2.19 trillion.

Ministry of Petroleum reassured vehicle owners that Ethanol Blended Petrol does not invalidate insurance claims. Misleading social media claims linking ethanol to pests and vehicle problems are unfounded, with no reported issues since E20 petrol's introduction.

Fuel prices were unchanged today on Monday, 22 June. The last fuel price hike was on Monday, 25 May, when oil marketing companies (OMCs) hiked both petrol and diesel prices by more than ₹2.50/litre.

US-Iran peace deal: Brent crude prices edged higher on Friday but remained on track for a weekly decline of nearly 8%, as a ceasefire agreement between Israel and Hezbollah eased some geopolitical concerns

Fuel prices were unchanged today on Wednesday, 17 June. The last fuel price hike was on Monday, 25 May, when oil marketing companies (OMCs) hiked both petrol and diesel prices by more than ₹2.50/litre.

WTI crude oil drops to around $80 per barrel today, while Brent crude falls nearly 4% to around $83.82 per barrel. However, key questions remain. Could India really see a fall in petrol, diesel and LPG prices following this development?

Fuel prices were unchanged today on Tuesday, 9 June. The last fuel price hike was on Monday, 25 May, when oil marketing companies (OMCs) hiked both petrol and diesel prices by more than ₹2.50 per litre.