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  Will petrol, diesel prices be slashed amid cheaper crude? Check what Oil Ministry official says

  Business | September 19, 2024 17:39 IST

  A decline in price of crude oil -- which is converted into fuels like petrol and diesel at refineries -- had rekindled hopes for a reduction in petrol and diesel rates that have been on a freeze for over two years now barring a pre-election reduction earlier this year.

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  Windfall tax on crude petroleum slashed to zero by govt, effective from September 18

  Business | September 17, 2024 23:45 IST

  The Indian government has reduced the windfall tax on domestically produced crude oil to zero, effective September 18. Previously set at Rs 1,850 per metric ton, the cut comes amid a drop in global oil prices and could lead to lower petrol and diesel costs.

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  Fuel prices hike in Karnataka: A look at petrol and diesel rates across Indian states

  India | June 17, 2024 17:19 IST

  As Karnataka faces backlash over rising fuel prices, CM Siddaramaiah highlights that the state's taxes are still lower than many others. We compare fuel prices in Indian states to provide a comprehensive view.

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  Oil firms losing Rs 3 per litre on diesel, profits on petrol shrink

  Business | February 07, 2024 18:35 IST

  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.

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  Oil companies may slash petrol, diesel prices by Rs 5-10 next month

  Business | January 17, 2024 10:40 IST

  The companies may make a decision on slashing fuel rates by Rs 5 to Rs 10 a litre after assessing their financial results and considering the potential for future spikes in global oil prices.

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  Fuel consumption rises to seven-month high in December to 20.05 million tonnes

  Business | January 08, 2024 21:53 IST

  The total consumption rose 6.2 per cent from 18.89 million metric tonnes in November compared to a growth of about 2.6 per cent in the same period a year earlier.

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  Pakistan: Caretaker govt under fire after fuel prices reach record-high levels

  World | September 17, 2023 11:40 IST

  Pakistan's Finance Ministry on Friday announced a price hike of petrol by Rs 26.02 and diesel by Rs 17.34 per litre following clearance from the interim PM.

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  Good news! Petrol, diesel prices to come down soon | Here is WHY

  Business | June 23, 2023 16:22 IST

  Oil marketing companies (OMCs) may cut petrol and diesel price by Rs 4-5 a litre from August onwards given the key state elections likely from November-December onwards.

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  Petrol-Diesel Prices Today: CNG now costs more than diesel in Lucknow

  Business | August 02, 2022 12:09 IST

  Petrol Price Today 2 August 2022: CNG price has now reached close to petrol in Uttar Pradesh capital Lucknow. Petrol is selling at Rs 96.57 per litre in Lucknow, while diesel costs Rs 89.76 per litre. CNG now costs Rs 96.10 per kg.

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  Petrol, diesel shortage news triggers panic: Here's what govt says

  India | June 15, 2022 19:08 IST

  Recently, hundreds of two and four-wheelers were witnessed at most of the petrol pumps around midnight in Gujarat's Ahmedabad following a rumour on social media about a possible strike of petrol pump owners.

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  'Devil and deep sea': Chidambaram questions excise duty cut, asks if states can afford to lose VAT

  India | May 22, 2022 14:55 IST

  Petrol price on Sunday was slashed by Rs 8.69 a litre and that of diesel by Rs 7.05 per litre following the government's decision to cut excise duty on auto fuels, giving relief to consumers battered by high fuel prices that had pushed inflation to a record high.

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  Day after cut in excise duty, petrol cheaper by over Rs 8, diesel by Rs 7 per litre | Revised rates

  Business | May 22, 2022 10:48 IST

  In the national capital, the excise duty cut will result in a reduction of Rs 9.5 a litre on petrol in Delhi and Rs 7 a litre in diesel after taking into account its impact on other levies.

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  Imran Khan lauds India for cutting fuel prices, buying discounted Russian oil despite US pressure

  India | May 22, 2022 10:48 IST

  The Indian government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers battered under high fuel prices that have also pushed inflation to a record high.

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  'It is always people first for us': PM Modi reacts to price cut on petrol, diesel and LPG

  India | May 21, 2022 20:31 IST

  The government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers battered by high fuel prices that have also pushed inflation to a multi-year high.

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  Fuel rates remain unchanged: Know how much tax do you pay on petrol and diesel above Rs 100

  Business | April 09, 2022 14:58 IST

  Petrol and diesel prices have constantly headed north over the past few days but it seems to have settled for now as fuel charges remain unchanged for three straight days.

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  Petrol pump in Nagpur refuses to sell petrol below Rs 50

  India | April 06, 2022 21:02 IST

  The pump has explained reasons behind the decision saying the machine consumes a lot of electricity, and it is not viable to use it for a small quantity of petrol.

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  Petrol, diesel prices hiked by Rs 10 in 2 weeks. Check revised rates in your city

  Business | April 06, 2022 6:21 IST

  Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation.

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  Petrol-Diesel prices witness 13th increase in 15 days, Know today's update

  News | April 05, 2022 11:22 IST

  Petrol and diesel prices in Delhi were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the last two weeks to Rs 9.20 per litre.

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  Petrol, diesel prices continue upward trend; 13th increase in 15 days takes total hike to Rs 9.20

  Business | April 05, 2022 6:36 IST

  This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

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  Petrol and Diesel prices witness 12th increase in less than 2 weeks

  News | April 04, 2022 12:06 IST

  Petrol and diesel prices were on Monday hiked by 40 paise a litre each, taking the total increase in rates in the last two weeks to Rs 8.40 per litre.