Petrol, diesel prices continue downward trend
Business | October 11, 2019 11:11 ISTOn Friday, petrol prices in Delhi and Mumbai fell down by 12 paisa a litre; 11 paisa/litre in Kolkata and 13 paisa/litre in Chennai.
On Friday, petrol prices in Delhi and Mumbai fell down by 12 paisa a litre; 11 paisa/litre in Kolkata and 13 paisa/litre in Chennai.
Petrol prices were cut by 13 paisa per litre, while diesel prices were down by 12 paisa per litre in Delhi, Kolkata, Mumbai and Chennai.
The fuel price has seen a decline for the past two days and in Delhi petrol rates have come down by 28 paisa/litre and diesel by 14 paisa/litre.
Petrol price has gone up by Rs 2.25 a litre while that of diesel by Rs 1.75 a litre since September 17 after the drone attacks on Saudi oil facilities on September 13.
Radical protesters blocked roads and threw petrol bombs outside the Hong Kong Special Administrative Region (HKSAR) government offices on Saturday evening.
Visvanathan Vadivelu, 50, had pleaded guilty to committing armed robbery at a Shell petrol station in Upper Bukit Timah Road in 2017, reported The Straits Times.
Credit card payments to buy fuel at petrol pumps will from October 1 not get a 0.75 per cent discount that state-owned oil companies had introduced more than two-and-a-half years back to promote digital payments.
Allaying fears of the automobile industry, Union Road Transport Minister Nitin Gadkari on Monday said there is no need to ban petrol and diesel vehicles as electric mobility has picked up momentum on its own and all buses would be electric in two years.
Petrol and diesel prices have registered a significant jump over the past six days, with Delhi seeing petrol prices increase to Rs 1.88 per litre and diesel prices hike to Rs 1.50 per litre.
Analysts have warned that the style of the attacks on Saudi Aramco's Abqaiq and Khurais oil facilities may add a permanent risk premium to oil and gasoline prices.
Petrol price was on Sunday hiked by 27 paise to Rs 73.62 a litre in the Delhi market -- the benchmark for national rates, according to a price notification by state-owned oil firms.
Madhya Pradesh had suffered an estimated loss of Rs 12,000 crore due to excessive rains this monsoon
Global oil prices are on the boil again in the aftermath of the largest ever-disruption in crude production post drone attacks in Saudi Aramco's two of the largest oil processing facilities.
Petrol price was increased by 14 paisa per litre to Rs 72.17 and diesel by 15 paisa to Rs 65.58 per litre in the national capital, according to price information available from state-owned oil firms,
Following the largest ever-disruption of crude production in Saudi Arabia amid drone attacks on its key facilities, prices of petrol and diesel in India may shoot up by Rs 5 to 6 a litre in next fortnight, experts said on Monday.
The price of milk has gone out of control across major cities of Pakistan on the day when Muharram is observed, according to Pakistani media reports. The price of milk has reached Rs 140 per litre in Karachi and the Sindh Province.
The over 60 km-long pipeline is the first-ever cross-border petroleum product pipeline in the South Asia region, according to a video presentation made before the inauguration.
A litre of petrol will now cost 98 paisa more across the state while a litre of diesel has become dearer by Rs 2.35.
The retail prices of petrol were lowered by 7 paise for the second successive day across four metro cities on Monday. Diesel prices, on the other hand, were reduced by 8-9 paise.
The federal government increased the prices of all petroleum products for the month of August amid a slight reduction in the international crude price. The price of petrol was hiked by Rs 5.15 per litre, and Rs 5.65 increase was for High Speed Diesel (HSD). Similarly, the price of kerosene was increased by Rs 5.38 and Rs 8.9 for Light Diesel Oil (LDO).
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