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.
Diesel and petrol prices were slashed in April and July as the pump price of auto fuels has been static since 18 July
While sales of petrol has already crossed pre-Covid levels more than a month ago, diesel sales has begun inching up.
Prices of both auto fuels reduced only once in April by 16 and 14 paisa per litre, respectively. Diesel prices were also reduced by 16 paisa per litre in Delhi on July 12.
One of the main reasons for pause in fuel price rise is an over 10 per cent fall seen in global oil prices with benchmark crude sliding to $69 a barrel earlier last month
In the national Capital, petrol continued to be sold for Rs 101.84 per litre, while diesel was being sold at the unchanged rate of Rs 89.87 a litre on Sunday.
