Fuel of Trust
India’s push towards ethanol-blended petrol is rooted in sound national objectives.
India’s push towards ethanol-blended petrol is rooted in sound national objectives.
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
A sharp increase in fuel prices has started reflecting in Chhattisgarh. Petrol prices in Raipur have now crossed the ₹103 per litre mark.
The common man in Uttar Pradesh, already grappling with inflation, cooking gas shortages, and increased milk prices, received yet another blow as petrol, diesel, and CNG prices in the state increased starting Friday morning.
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.
Petrol and diesel prices increased again on Wednesday after a two-day break as global oil prices failed to relent and continued to remain firm.
With no change in the prices, the pump price of petrol in Delhi stood at Rs 107.59 a litre, while diesel rates also remained at Sunday's level of Rs 96.32 a litre, according to a price notification of state-owned fuel retailers.
Petrol and diesel prices witnessed a hike for the fifth consecutive day across the country on Sunday.
Since September 5 when both petrol and diesel prices were revised, the price of petrol and diesel in the international market is higher by around $9-10 per barrel.
The daily review and revision of prices is based on the average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.
