Petrol, diesel prices reduced: Check new rates in your city
India | March 15, 2024 10:18 ISTPetrol and diesel prices have been reduced by Rs 2 across the country. The new rates will be effective from March 15, 6 am onwards.
Petrol and diesel prices have been reduced by Rs 2 across the country. The new rates will be effective from March 15, 6 am onwards.
Oil companies have refrained from adjusting petrol, diesel, and cooking gas prices for nearly two years, leading to losses when input costs were higher and profits when raw material prices were lower.
The equity support was intended to aid the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation in their energy transition projects.
The initial announcement by Finance Minister Nirmala Sitharaman in the FY24 budget consisted of Rs 30,000 crore for equity infusion and Rs 5,000 crore for crude oil purchases.
Amid the softening of the global crude oil price, there were reports that the government may make a price cut in the petrol, diesel prices in the coming days.
Petrol, Diesel Price: The government is in talks with oil companies as it mulls to reduce the price of petrol and diesel in the coming days. Crude oil prices globally have also become cheaper.
Oil Marketing Companies have increased the price of 19 kg commercial LPG gas cylinder by Rs 209. The new prices will come into effect from today, sources informed.
According to the Indian Embassy in Abu Dhabi, the UAE’s Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL) made their first-ever crude oil transaction in national currencies.
HPCL Q1 results: Indian Oil Corporation (IOC) too reported a net loss of Rs 1,992.53 crore for the June quarter.
Militants ambushed a convoy of oil and gas workers escorted by paramilitary troops in Pakistan’s restive southwestern province of Baluchistan, killing 14 people, including 7 soldiers.
OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic and a price war, officials said
The airline also "assured" its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue.
Issuing an ultimatum to Air India, PSU oil majors on Thursday asked it to make the monthly lump sum payment by October 18 or they will stop the fuel supply at six major airports, according to an official document.
The prime minister flagged concerns of consuming nations like India over high crude oil prices that have already sent retail petrol, diesel and LPG rates to record highs, sources with direct knowledge of the development told PTI.
The third annual meeting would also deliberate on ways to revive investment in oil and gas exploration and production, official sources said.
The main theme of the meeting, sources said, was to seek investment in exploration and production, processing, transportation and distribution network in oil and gas
Finance Minister Arun Jaitley in his Budget for 2017-18 proposed to merge some of the 13 state oil firms to create an integrated public sector oil major.
Public sector oil companies have announced that cash will be dispensed at 2,500 petrol pumps across the country by using credit or debit cards on Point of Sale (POS) machines.
New Delhi: Petrol price was today hiked by 82 paisa per litre and diesel by 61 paisa, reversing the declining trend of last six months. Petrol and diesel price hike, which is effective from midnight
New Delhi: A day after oil companies skipped revising petrol and diesel prices despite steep fall in global rates, Petroleum Minister Dharmendra Pradhan today said the state-owned firms will do what is "appropriate". As per
Top News
Latest News