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Tag "petrol price"

Hope OMCs would cut fuel prices if they recover losses: Hardeep Puri

Hope OMCs would cut fuel prices if they recover losses: Hardeep Puri

🕔07:01, 23.Jan 2023

New Delhi, Jan 23 (IANS) Petroleum Minister Hardeep Puri on Sunday expressed hope that if oil marketing companies (OMCs) have ended their under-recoveries, fuel prices should come down. Addressing media persons during an event in Varanasi, Puri said: “I will hope

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India basket of crude rose 102% between Oct 2020-Oct 2022

India basket of crude rose 102% between Oct 2020-Oct 2022

🕔21:10, 28.Dec 2022

New Delhi, Dec 28 (IANS) Even as the average price of Indian basket of crude oil increased by 102 per cent (from $43.34 to $87.55) between October 2020 and October 2022, the retail prices of petrol and diesel have increased

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Centre holds review meeting on 12% ethanol blending with petrol for 2022-23

Centre holds review meeting on 12% ethanol blending with petrol for 2022-23

🕔14:19, 27.Dec 2022

New Delhi, Dec 27 (IANS) The Central government plans to achieve 12 per cent ethanol blending with petrol in 2022-23. Top officials from the food and public distribution as well as petroleum ministries held a meeting on Monday to review the

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Production of Petrol and Diesel in the country is more than sufficient to take care of any demand surge

Production of Petrol and Diesel in the country is more than sufficient to take care of any demand surge

🕔18:09, 15.Jun 2022

New Delhi; 15.6.22: In the past few days, some areas have reported a big increase in instances of  rush at the PSU Retail Outlets, leading to delays and increased waiting time for customers. This has, in turn, led to speculation of

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India’s fuel demand up 22% YoY in May: S&P Global Commodity Insights

India’s fuel demand up 22% YoY in May: S&P Global Commodity Insights

🕔17:54, 14.Jun 2022

India’s oil product demand in May was up 860,000 barrels per day or 22 per cent year-on-year from a low base in 2021, S&P Global Commodity Insights said in a note. New Delhi, June 14 (IANS) India’s oil product demand in

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Petrol pump dealers across 24 states to go for ‘No Purchase’ on Tuesday

Petrol pump dealers across 24 states to go for ‘No Purchase’ on Tuesday

🕔06:55, 31.May 2022

Petrol pump dealers across 24 states have decided not to purchase diesel and petrol from oil companies on Tuesday to mark their protest against dealers’ commission which has not been revised since long, it was announced on Monday. New Delhi,

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India’s April fuel intake dips on rising crude prices, to reverse in May

India’s April fuel intake dips on rising crude prices, to reverse in May

🕔15:26, 18.May 2022

India’s sustained uptrend in oil consumption came to a halt and slipped into the red in April from March levels as rising domestic retail fuel prices on the back of surging crude took a toll on gasoline, diesel and LPG

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Oil prices will remain above $100/barrel as long as Ukraine war rages on

Oil prices will remain above $100/barrel as long as Ukraine war rages on

🕔13:07, 25.Apr 2022

The most serious effect of the Russia-Ukraine war for the world economy will be higher commodity prices. Oil prices will remain above $100/barrel for as long as the conflict rages on, EIU said in its global outlook report. New Delhi,

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High fuel prices to hit near-term demand, recovery seen in H2: Report

High fuel prices to hit near-term demand, recovery seen in H2: Report

🕔17:06, 14.Apr 2022

New Delhi, April 14 (IANS) High prices of fuels are likely to dampen near-term demand for energy, however, recovery is expected in the second half of calendar year 2022 (July-December). Driven by a more broad-based pickup in economic activity as the

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US inflation hits 40-year high

US inflation hits 40-year high

🕔08:34, 13.Apr 2022

London, April 13 (IANS) The US inflation rate hit a 40-year high in the year to March after fuel prices soared during the first full month of the Ukraine war, BBC reported. Consumer prices surged by 8.5 per cent — the

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Rise in domestic petrol prices lower than US, Germany and others: Puri

Rise in domestic petrol prices lower than US, Germany and others: Puri

🕔07:36, 6.Apr 2022

Rise in domestic petrol prices, due to high crude oil costs, is comparatively lower than other countries such as the US, Germany, the UK and France, Petroleum and Natural Gas Minister Hardeep Singh Puri told the Parliament on Tuesday. New

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Fuel prices hiked for 13th time in 15 days

Fuel prices hiked for 13th time in 15 days

🕔12:35, 5.Apr 2022

New Delhi, April 5 (IANS) The state-run oil marketing companies on Tuesday raised key transport fuel prices for the 13th time in the last 15 days. Consequently, in the past 15 days, petrol prices have increased by Rs 9.40 per litre

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Petrol, diesel prices hiked for 12th time in 14 days

Petrol, diesel prices hiked for 12th time in 14 days

🕔12:23, 4.Apr 2022

New Delhi, April 4 (IANS) The State-run oil marketing companies on Monday raised key transport fuel prices for the 12th time in the last 14 days. Consequently, in the past 14 days, petrol prices have increased by Rs 8.40 per litre

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Petrol prices up again; rise by Rs 7.2 per litre in 12 days

Petrol prices up again; rise by Rs 7.2 per litre in 12 days

🕔17:00, 2.Apr 2022

State-run oil marketing companies on Saturday raised key transport fuel prices for the tenth time in the last 12 days. New Delhi, April 2 (IANS) State-run oil marketing companies on Saturday raised key transport fuel prices for the tenth time in

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Petrol, diesel prices raised again

Petrol, diesel prices raised again

🕔12:30, 31.Mar 2022

New Delhi, March 31 (IANS) State-owned oil marketing companies (OMC) on Thursday raised the prices of petrol and diesel for the ninth time in the last 10 days. These prices were revised for the very first time on March 22, after

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Petrol prices up again; rise by Rs 4.80 per litre in 8 days

Petrol prices up again; rise by Rs 4.80 per litre in 8 days

🕔07:19, 30.Mar 2022

New Delhi, March 30 (IANS) The domestic retail selling prices of petrol and diesel were increased for the seventh time in eight days on Tuesday. Consequently, in the past eight days, petrol and diesel prices have increased by Rs 4.80 per

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Centre has room to isolate consumers from 15% hike in crude prices: MOFSl

Centre has room to isolate consumers from 15% hike in crude prices: MOFSl

🕔15:35, 26.Mar 2022

New Delhi, March 26 (IANS) Centre has the room to isolate consumers from roughly 15 per cent hike in international crude oil prices, said Motilal Oswal Financial Services. According to the brokerage house’s estimates, the Centre has the financial capacity to

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Petrol, diesel prices raised again

Petrol, diesel prices raised again

🕔15:34, 26.Mar 2022

New Delhi, March 26 (IANS) State-owned oil marketing companies (OMC) on Saturday raised petrol and diesel prices for the fourth time this week. These prices were revised for the very first time on Tuesday, March 22, after a gap of more

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Petrol, diesel prices raised again

Petrol, diesel prices raised again

🕔11:55, 25.Mar 2022

State-owned oil marketing companies (OMC) on Friday raised petrol and diesel prices for the third time this week. New Delhi, March 25 (IANS) State-owned oil marketing companies (OMC) on Friday raised petrol and diesel prices for the third time this week.

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Petrol, diesel prices raised again for 2nd consecutive day

Petrol, diesel prices raised again for 2nd consecutive day

🕔11:34, 23.Mar 2022

New Delhi, March 23 (IANS) State-owned oil marketing companies on Wednesday raised petrol and diesel prices for the second consecutive day. These prices were revised for the very first time on Tuesday after a gap of more than 4-months. Accordingly, the

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