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Fuel prices

IndiGo introduces fuel charge up to Rs 1,000 to offset rising ATF prices

IndiGo introduces fuel charge up to Rs 1,000 to offset rising ATF prices

Fri, Oct 06, 2023

Indigo's air travel becomes expensive - fuel surcharge imposed due to expensive ATF. Indigo imposed fuel surcharge up to ₹ 1000. How much will be the surcharge according to distance? What is the trend of ATF prices? Know complete details in this video.

Finance Bill, 2020 Passed! Now, special excise duty on petrol, diesel can rise by up to Rs 18, Rs 12 per litre - Here is why

Finance Bill, 2020 Passed! Now, special excise duty on petrol, diesel can rise by up to Rs 18, Rs 12 per litre - Here is why

Mon, Mar 23, 2020

The amendment along with the Finance Bill was passed without a debate in the Lok Sabha.

Petrol, diesel price may rise as duty hiked by Rs 3 per litre over global prices

Petrol, diesel price may rise as duty hiked by Rs 3 per litre over global prices

Sun, Mar 15, 2020

Government has taken the bait provided by unusually low global oil prices to raise excise duty on petrol and diesel to raise revenue that has been severely impacted by a slowing economy.

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No change in diesel prices today in India

No change in diesel prices today in India

Wed, Feb 28, 2018

Diesel was valued at Rs 62.15 per litre in New Delhi, Rs 64.84 per litre in Kolkata, Rs 66.19 per litre in Mumbai, and Rs 65.52 per litre in Chennai.

Petrol prices remain unchanged today; global crude tumbles

Petrol prices remain unchanged today; global crude tumbles

Wed, Feb 28, 2018

Petrol on February 28 stood at Rs 71.51 per litre in New Delhi, Rs 74.26 per litre in Kolkata, Rs 79.39 per litre in Mumbai and Rs 74.14 per litre in Chennai.

Petrol, diesel tumble today; global crude gains near 3-week high

Petrol, diesel tumble today; global crude gains near 3-week high

Tue, Feb 27, 2018

US West Texas Intermediate crude for April delivery was up 4 cents at $63.95 a barrel by 0223 GMT.

Petrol, Diesel prices surge in India as global crude extend gains to two-week high

Petrol, Diesel prices surge in India as global crude extend gains to two-week high

Mon, Feb 26, 2018

US West Texas Intermediate crude for April delivery was up 25 cents, or 0.4%, at $63.80 a barrel by 0301 GMT after rising 3% last week.

Petrol, diesel prices down in India despite global crude touching 2-week high

Petrol, diesel prices down in India despite global crude touching 2-week high

Fri, Feb 23, 2018

State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8.

Do you know credit cards can help you save big on fuel purchase

Do you know credit cards can help you save big on fuel purchase

Thu, Feb 15, 2018

Petrol and diesel price revision in various cities are determined by global crude rates, rupee-dollar exchange rate along with excise duty and VAT levied by the ministry and the state government.

Petrol, Diesel price down gradually in India, as crude oil tumbles

Petrol, Diesel price down gradually in India, as crude oil tumbles

Tue, Feb 13, 2018

Petrol has tumbled in the range of 85 paisa to 91 paisa per litre, whereas diesel prices have come down between Rs 1.20 and Rs 1.28 per litre.

Petrol, diesel prices reverse trend in India, record fifth-consecutive decline

Petrol, diesel prices reverse trend in India, record fifth-consecutive decline

Mon, Feb 12, 2018

Price rise in fuel product has been since start of 2018, despite FM Arun Jaitley trimming down excise duty on various products, especially fuel products, during FY19 Budget.

Petrol, diesel price highest in Mumbai; other cities see similar trend

Petrol, diesel price highest in Mumbai; other cities see similar trend

Fri, Feb 09, 2018

Finance Minister Arun Jaitley during FY19 Budget trimmed down excise duty on various products, especially fuel products, pinning down hopes that petrol and diesel prices would go down.

Will Budget FY19's excise duty cut reduce petrol, diesel prices?

Will Budget FY19's excise duty cut reduce petrol, diesel prices?

Fri, Feb 02, 2018

With this reduction, the FM said the government will bear the revenue loss of Rs 13,000 crore in the remaining part of FY18.

Rising crude hits petrol, diesel prices in India

Rising crude hits petrol, diesel prices in India

Tue, Jan 16, 2018

Petrol and diesel are the mainstay for Oil Marketing Companies (OMCs), accounting for about 51% of the total petroleum product consumption in India as of FY17.

Over 60,000 petrol pumps in India, 45% jump in 6 yrs

Over 60,000 petrol pumps in India, 45% jump in 6 yrs

Wed, Nov 29, 2017

With 60,799 outlets dispensing petrol and diesel at the end of October, India is behind only US and China in number of petrol pumps, data available from Petroleum Planning & Analysis Cell of the Oil Ministry.

Pradhan asks experts to cut fuel import dependency by 10%

Pradhan asks experts to cut fuel import dependency by 10%

Fri, Nov 17, 2017

Union Minister Dharmendra Pradhan asked geo-scientific community to reduce oil and gas import dependency by at least 10%, and ensure energy accessibility as well as affordability for entire spectrum of people to fulfill the vision of Prime Minister Narendra Modi.

Global vehicle sales to fall by 2040, but oil demand to rise, study predicts

Global vehicle sales to fall by 2040, but oil demand to rise, study predicts

Tue, Nov 14, 2017

Global vehicle sales will decline over the next two decades as consumers embrace on-demand ride services like Uber, but demand for oil will keep rising, according to a study released Tuesday.

LPG prices hiked by Rs 5 per cylinder; Jet fuel also up over 2%

LPG prices hiked by Rs 5 per cylinder; Jet fuel also up over 2%

Wed, Nov 01, 2017

Every month, the state-owned oil firms revise the prices of cooking gas and aviation turbine fuel in metro cities like Delhi, Kolkata, Mumbai and Chennai.

Excise duty on petrol, diesel cut by Rs 2 per litre; revenue loss of Rs 13,000 crore in FY18

Excise duty on petrol, diesel cut by Rs 2 per litre; revenue loss of Rs 13,000 crore in FY18

Tue, Oct 03, 2017

Petrol and diesel prices have reached to a three year high since the time they have undergone daily revision - which has impacted India's Wholesale Price Index (WPI) inflation too.

Dharmendra Pradhan blames US hurricane for rise in fuel prices

Dharmendra Pradhan blames US hurricane for rise in fuel prices

Sat, Sep 23, 2017

You cannot have laddus in both your hands says Pradhan over reducing taxes on petroleum products in order to curb the high fuel prices, indicating that the government will not cut any taxes.

Petrol under GST unfeasible; excise duty can be cut, says Reddy

Petrol under GST unfeasible; excise duty can be cut, says Reddy

Fri, Sep 15, 2017

"While putting it (petroleum products) in GST is advisable, desirable, it's not a feasible proposition because state governments...Of the BJP also, will not agree," the senior Congress leader told PTI in an interview.

Spike in petrol, diesel price fail to arrest car, two-wheeler sales

Spike in petrol, diesel price fail to arrest car, two-wheeler sales

Thu, Sep 14, 2017

With the growing fuel prices, car and two-wheeler sales in India also garner a 15% increase in the July-August period.

Did you notice your petrol, diesel prices have come down by Rs 5 and Rs 3 per litre in one month

Did you notice your petrol, diesel prices have come down by Rs 5 and Rs 3 per litre in one month

Mon, Jul 17, 2017

There has been daily revision in petrol and diesel prices from June 16, 2017. IOC provides daily updates on fuel prices for four metro cities.

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