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  After several cuts, Petrol, diesel prices hiked

  February 15, 2015 18:53 IST

  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

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  Oil firms will decide on price revision: Dharmendra Pradhan

  Politics | January 16, 2015 13:36 IST

  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

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  Sufficient fuel stock available in Vizag: Oil companies

  India | October 14, 2014 14:42 IST

  Visakhapatnam: There is an adequate stock of more than 15 days of fuel, petrol and diesel, available in the port city, a state oil industry official said today.He also appealed to the public not to

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  Oil companies transfer over Rs 2,000 cr to 40 million consumers for LPG subsidy

  India | December 27, 2013 10:02 IST

  New Delhi: In the last six months, the Government has transferred over Rs 2,000 crore in the accounts of 40 million consumers under the Direct Benefit Transfer for LPG (DBTL) scheme in 184 districts."The scheme

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  Oil companies demand one-time hike in diesel price

  August 26, 2013 16:55 IST

  New Delhi: With 12 per cent drop in rupee value against the US dollar making imports costlier, state- owned oil firms have demanded a one-time steep increase in diesel rates to make for the widening

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  State-owned oil companies to sell 2kg, 3 kg small LPG cylinders

  India | May 18, 2013 16:02 IST

  New Delhi, May 18: With a view to root out the huge nationwide network of LPG blackmarketeers  selling small LPG cylinders at exorbitant rates, state-owned oil companies have now decided to market 2 kg, 3

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  Govt considering raising cap on subsidised LPG cylinders

  India | November 30, 2012 16:15 IST

  New Delhi, Nov 30: Government is considering raising cap on supply of subsidised LPG cylinders and a decision will be taken in the “next few days”, Petroleum and Natural Gas Minister M. Veerappa Moily said

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  Oil companies make Rs 2 per litre profit on petrol, but no relief yet

  India | October 03, 2012 12:08 IST

  Mumbai, Oct 3: State-owned oil companies are making profits of around Rs 2 per litre on petrol since September 16, but the relief has not been passed on to the consumers, reports Times of India.

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  Rupee unlikely to gain from direct dollar sale to oil companies, says SBI

  June 23, 2012 11:46 IST

  Mumbai, Jun 23: State Bank of India today said RBI's direction to oil companies to procure half of their dollar requirements directly from a select group of PSU banks will not help stem the fall

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  BJP, Left reject cut in petrol price

  Politics | June 02, 2012 21:17 IST

  New Delhi, June 2: Communist Party of India national secretary D. Raja today termed the reduction in petrol prices as “totally inadequate” and said the oil companies should go for a “complete rollback” because they

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  Antony resents petrol price hike

  May 29, 2012 20:36 IST

  Neyyattinkara, May 29: In a dissenting voice from the government over the steepest ever petrol price hike, Defence Minister A K Antony today said it was “not a correct step” and the oil companies should

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  Rupee weakens after 3-day rally, down 49 paise vs dollar

  May 29, 2012 20:44 IST

  Mumbai, May 29: After three days of relief rally, the rupee today came under pressure touching a low of 55.88 on heavy month-end dollar buying by oil companies amid the US dollar gaining strength globally

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  Oil companies hint at cut in petrol prices in June

  May 24, 2012 19:52 IST

  New Delhi, May 24:  A day after raising petrol price by a whopping  Rs 7.54 a litre, state-owned oil companies today indicated that rates may be cut at the next revision cycle due early next

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  ATF price cut by Rs. 312 per kl

  April 30, 2012 22:41 IST

  New Delhi, Apr 30: State-owned oil companies on Monday reduced jet fuel prices by a marginal Rs 312 per kilolitre or kl, the second reduction in rates this month.The price of aviation turbine

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  Oil Companies Warn Of Severe LPG Crisis

  April 11, 2012 23:20 IST

  New Delhi, Apr 11: The oil marketing companies have informed the Petroleum and Natural Gas Ministry that the present LPG inventory has come down to a level of about five days in the current month

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  Oilcos Hike Jet Fuel Prices By 3 Per Cent

  March 31, 2012 19:00 IST

  New Delhi, Mar 31: State-owned oil companies today hiked jet fuel price by about 3 per cent, the third time they have increased rates this month.The price of aviation turbine fuel (ATF), or jet fuel,

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  Oil Companies Hike ATF Prices By 3.2 Per Cent

  February 29, 2012 21:50 IST

  New Delhi, Feb 29: State-owned oil companies today hiked jet fuel price by 3.2 per cent on the back of firming up of international oil rates.The price of aviation turbine fuel (ATF), or jet fuel,

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  Oil Companies Cut Jet Fuel Prices By Rs 350 A Kl

  February 15, 2012 22:29 IST

  New Delhi, Feb 15: State-owned oil companies today cut jet fuel prices by a marginal Rs 350 per kilolitre, the second reduction in this month.The price of aviation turbine fuel (ATF), or jet fuel, in

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  Oil Companies Resume Jet Fuel Supplies To Air India

  February 02, 2012 22:39 IST

  New Delhi, Feb 2: State-owned oil companies have resumed jet fuel supplies to Air India after the national carrier promised to pay Rs 268 crore in dues tomorrow.Oil company officials said the supplies are being

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  Over Rs 2 Hike In Petrol Price From Monday Likely

  India | December 31, 2011 19:05 IST

  New Delhi, Dec 31: A hike of about Rs 2.10-2.13 per litre in petrol price is needed because of weakening Indian currency, but oil companies are unlikely to revise rates today as scheduled and instead