Tag: Petrol

Petrol, diesel see big price hikes on Sunday

Transport fuel rates were hiked sharply on Sunday as global crude oil rates continued to climb handsomely following the implementation of output cuts by global oil producers from 1 January.

January 20, 2019

Fuel prices down 30 paise, petrol at new 2018 low

Cost of the fuel in Delhi fell below the Rs 70 per litre mark on December 24 for the first time in the year since January.

December 29, 2018

Petrol, diesel prices continue to decline

The UK Brent crude is currently priced around $59 per barrel, down from the four-year high of $86.07 recorded on October 4.

November 24, 2018

Petrol, diesel prices likely to ease further

Under the daily dynamic pricing regime, petrol in Delhi on Friday cost Rs 80.85 per litre and diesel was priced at Rs 74.73.

October 26, 2018

Petrol, diesel prices down for second consecutive day

As per the country's pricing mechanism, the domestic fuel prices depend on international fuel prices on a 15-day average besides the value of the rupee.

October 19, 2018

Centre slashes fuel prices by Rs 2.50 per litre, some BJP-ruled states follow suit

Maharashtra, UP, Goa, Gujarat, Madhya Pradesh, Himachal Pradesh, Jharkhand, Assam, Arunachal Pradesh and Tripura announced a Rs 2.50 cut in VAT on the fuels

October 5, 2018

Arun Jaitley announces Rs 2.50 cut on fuel prices, Centre appeals to states to lower taxes

The finance minister said the excise duty cut would have an impact of Rs 10,500 crore on the central government's tax revenues.

October 4, 2018

Transport fuels keep rising, petrol in Delhi nears Rs 84/litre

A kilolitre of ATF is now priced at Rs 74,177 in Mumbai and Rs 74,567 in Delhi. Jet fuel prices are revised on the first of every month.

October 2, 2018

Fuel prices at all time high, petrol touches Rs 91 in Mumbai, Rs 83.40 in Delhi

Industry experts also attribute the high domestic fuel prices to the high rate of excise duty across the country.

September 30, 2018

Petrol, diesel prices continue to rise, at record high

Political parties have been demanding that the petrol and diesel be brought under GST so that duties on them can come down that will reflect in lower prices at the pump.

September 29, 2018

Northern states to work for uniformity in petrol, diesel prices

The meeting was attended by Haryana finance minister Abhimanyu, Delhi deputy chief minister and finance minister Manish Sisodia, Punjab finance minister Manpreet Singh Badal, and senior officers from Uttar Pradesh, Himachal Pradesh and Chandigarh.

September 26, 2018

Northern states discuss VAT cut for cheaper fuel

The Opposition parties have been blaming the BJP governments for the sky rocketing prices of petrol and diesel by increasing the Central excise duty 11 times on petrol.

September 26, 2018

Petrol prices touch record highs in Maharashtra, cross Rs 90-mark in Mumbai

Similarly, diesel prices also shot up by five paise per litre in Parbhani where it sold at Rs 79.15, said Deshmukh.

September 24, 2018

Petrol prices continue to soar across India, diesel prices unchanged

High crude oil prices and a falling rupee have added to the cost of transportation fuel since August 1.

September 22, 2018

Mamata Banerjee reduces prices of petrol, diesel by Re 1 in Bengal

A day after she ruled out the possibility of reducing the prices of fuel in her state, West Bengal Chief Minister Mamata Banerjee slashed prices of petrol and diesel by Re 1 per litre.

September 11, 2018

Petrol price breaches Rs 90 mark in Maharashtra

Petrol is being sold at Rs 90.05 per litre, highest in India, at Parbhani, a city located in the eastern Maharashtra, where diesel costs Rs 77.92 per litre.

September 11, 2018

Fuel price hike: Petrol hits record high of Rs 80.50 in Delhi

The high cost of global crude oil and a weak rupee took the petrol price in Delhi to a record Rs 80.50 per litre on Sunday.

September 9, 2018