In Mumbai, petrol was sold at Rs 90.83 a litre and diesel for Rs 81.07 a litre.
Petrol and diesel prices across the four metropolitan cities continued to remain static on Wednesday
Oil marketing companies kept the retail prices of petrol and diesel static on Wednesday
Diesel prices too were same as the previous levels. In Delhi, Mumbai, Chennai and Kolkata, diesel was sold for Rs 73.87, Rs 80.51, Rs 79.21 and Rs 77.44 per litre, respectively, all unchanged levels
Onion, which bore the brunt of rising inflation rate in recent months, saw deflation or fall in prices in November at 7.58%
The rise in crude oil prices may dent marketing margins if not passed on, however, some say OMCs may have a cushion to absorb
Diesel consumption, a key parameter linked to economic growth and which accounts for about 40% of overall refined fuel sales in India, edged up 0.6% month-on-month
Aviation analytics firm Cirium expects the number of P2F conversions globally will rise by 36% to 90 planes in 2021, and to 109 planes in 2022
Auto fuel prices are on the upswing in India with the pump price of petrol set to breach all-time high levels next week
The current price of petrol in Delhi is nearly 60 paise short of breaching the all- time high of Rs 84 per litre recorded in October 2018
Petrol price breached the Rs 83-a-litre mark in Delhi for the first time in more than two years after a rally in international oil prices forced a 13th increase in rates in a fortnight
The Petroleum and Natural Gas Regulatory Board recently notified access codes for new city gas distributors, a move that is expected to simplify tariffs and attract investment in the sector
In nine days, petrol price has gone up by Rs 1.07 per litre and diesel rate has risen by Rs 1.67.
Oil marketing companies (OMCs) on Saturday raised the retail price of petrol and diesel for the second consecutive day after a break of almost two months
Global crude prices have remained around $40 a barrel
Even as consumers continue to pay higher prices for petrol and diesel, country's OMCs are expected to reap in higher margins on sale of the two products substantially improving their profitability
An internal examination to look at duty structure on the two products is on and exact timing of the announcement may be finalised soon, sources indicated
India's fuel demand in September rose for the first time since June as easing restrictions supported economic activity and travel, but consumption remained weaker than a year earlier
Diesel and petrol prices remained unchanged on Tuesday with oil marketing extending the pause after reducing fuel prices, particularly diesel, for the past several days
CNG and piped cooking gas price in the national capital and adjoining cities was on Saturday cut in sync with a reduction in natural gas prices. Indraprastha Gas Ltd in a statement said the CNG price in Delhi will be reduced by Rs 1.53 per kg in Delhi and by Rs 1.70 per kg in Noida, Greater Noida and Ghaziabad. The new consumer price of Rs 42.70 per kg in Delhi and Rs 48.38 per kg in Noida, Greater Noida & Ghaziabad would be effective from 6.00 am on October 4, 2020, it said. The revised CNG price in Muzaffarnagar would be Rs 56.55 per kg, in Karnal & Kaithal would be Rs 50.68 per kg, in Rewari & Gurugram would be Rs 53.40 per kg and in district Kanpur would be Rs 59.80 per kg. Along with automobile segment, the benefit of reduction in gas prices has been extended to the household segment also. IGL will cut piped cooking gas (PNG) prices effective October 4 across all cities. The consumer price of PNG to the households in Delhi has been decreased by Rs 1.05 per scm from Rs