India’s state-run oil companies have raised petrol and diesel prices by ₹3 per litre nationwide, pushing fuel costs higher across major cities amid rising crude oil pressures.
The prices of aviation turbine fuel (ATF), or jet fuel, have seen a spike, though not as steep as reported earlier, following a clarification from Indian Oil Corporation.
High-end fuels like XP100 and Xtra Green have become costlier in Delhi, while everyday petrol and diesel remain unchanged even as global oil markets stay volatile.
The brokerage warned that the recent rally in crude oil prices and refining margins is creating conditions reminiscent of the disruptions witnessed during the 2022 oil market shock.
Senior officials from Indian Oil Corporation and Steel Authority of India Limited (SAIL) have jointly inspected the venues for the upcoming BJP event in Durgapur, accompanied by local party leaders.
Its refineries processed 25 per cent less crude oil at 12.9 million tonnes in the first quarter of 2020-21 fiscal.
Indian motorists continued to suffer on Thursday due to the rising fuel prices for the 12th consecutive day.
The French researcher found 5.8 million Indane customer records before his script was blocked.
The one advantage that dealers of government-owned oil companies enjoy is the assured supplies and support for the equipment.
In Delhi, petrol was priced at Rs 82.72 per litre, up from Rs 82.66 on Saturday, data on the Indian Oil Corporation website showed, while in Mumbai, Kolkata, and Chennai too petrol prices rose on Sunday to Rs 88.18, Rs 84.54, and Rs 85.99 per litre respectively.
