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Tag: Petrol

7 Results

  • Petrol hiked by 1 paisa a litre, diesel by 44 paise

    Petrol hiked by 1 paisa a litre, diesel by 44 paise

    With the ongoing fluctuation in global crude oil rates, state-run Indian Oil Corp (IOC) has marginally hiked the price of transport fuels, of petrol by 1 paisa and of diesel by 44 paise both at Delhi with corresponding increases in other states, effective Monday. Prices were last hiked on April 16 with a Rs 1.39...

    May 1, 2017
  • Petrol, diesel prices to be revised daily from tomorrow

    Petrol, diesel prices to be revised daily from tomorrow

    Petrol and diesel prices will be revised on a daily basis from Monday in select towns in sync with international rates, much like it happens in most advanced markets. State-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), which own more than 95 per cent of...

    April 30, 2017
  • Govt denounces bid to shut petrol pumps on Sundays

    Govt denounces bid to shut petrol pumps on Sundays

    The Centre on Friday denounced the decision of a petroleum dealers' association to keep fuel outlets shut on Sundays starting May 14. "The Petroleum Ministry does not approve or endorse the move by a section of petrol pump dealers to close down fuel stations on Sundays," Petroleum Minister Dharmendra Pradhan told the Parliamentary Consultative Committee...

    April 21, 2017
  • Petrol, diesel prices to change every day from May 1

    Petrol, diesel prices to change every day from May 1

    Come May 1, petrol and diesel prices will change every day in sync with international rates, much like what happens in most advanced markets. State-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), which own over 95 per cent of nearly 58,000 petrol pumps in the...

    April 12, 2017
  • Petrol price cut by Rs.3.77/litre, diesel by Rs.2.91/litre

    Petrol price cut by Rs.3.77/litre, diesel by Rs.2.91/litre

    Following a decline in global crude oil prices, petrol prices were cut by Rs.3.77 per litre and piese prices by Rs. 2.91 per litre. The prices were cut by state-owned oil companies on Friday night with immediate effect. In Delhi, petrol currently costs Rs.71.14/litre and diesel costs at Rs.59.02/litre. “Indian Oil Corporation Limited has decided to...

    April 1, 2017
  • Indian crude oil basket goes below $50 a barrel

    Indian crude oil basket goes below $50 a barrel

    The Indian basket of crude oils went below the psychological $50-a-barrel-mark this week as global prices fell on the back of a supply glut from rising US crude inventories, offsetting some of the output cut efforts from the Organisation of the Petroleum Exporting Countries (OPEC). As per available data, the Indian basket, comprising 73 per...

    March 24, 2017
  • Petrol price hiked by Rs.1.29/litre, diesel by 97 paise

    Petrol price hiked by Rs.1.29/litre, diesel by 97 paise

    Following the recent spurt in oil prices, state-run Indian Oil Corp on Sunday hiked prices of petrol by Rs.1.29 a litre, and of diesel by 97 paise, both at Delhi and effective from midnight, with corresponding increases in other states.

    January 1, 2017