Page 32 - Fuel Prices

Fuel prices remain unchanged across metros after falling for two days

Diesel price remained unchanged across the four metro cities on Saturday after falling for two consecutive days.

Diesel demand seeing degrowth, petrol picking up: Indian Oil Corp

State-run Indian Oil Corporation on Monday said demand for diesel in West Bengal has declined 20 per cent during the current fiscal so far as industries are not fully operational amid Covid-19

Nagaland to withdraw steep Covid-19 cess on petrol, diesel: Minister

The Nagaland government has decided to withdraw the steep COVID-19 cess on petrol and diesel, state minister Neiba Kronu said on Wednesday. The decision was taken at a cabinet meeting at Choumukedima in Dimapur district, he said. Considering the need to give a boost to economic activities and the woes of the people, the decision to rollback the cess was taken, Kronu, who is also the government spokesperson on COVID-19, said. The Nagaland government imposed the COVID-19 cess of Rs 5 per litre on diesel and Rs 6 per litre on petrol and other motor spirits on April 28, amid a crunch in the state's finances in the wake of the lockdown following the COVID-19 outbreak. Opposition parties, tribal bodies, civil society groups and student bodies have been demanding a rollback of the cess. Besides, the Dimapur Naga Students' Union on September 19 had threatened to close down all the petrol pumps in the state if the cess was not withdrawn. The official notification for the roll

Despite fuel price cuts due to Covid-19, OMCs improve net marketing margins

The net marketing margin of OMCs on sale of petrol and diesel has increased to Rs 4 per litre by mid-September from Rs 2.23 per litre earlier as there has been correction in global auto fuel prices

Diesel price dips below Rs 73, petrol rate cut for 2nd time in six months

Diesel price on Saturday fell below Rs 73 a litre mark while petrol saw a second reduction in rates in six months, according to state-owned fuel retailers

Diesel prices now falling, petrol holds steady across the country

The auto fuel seems to have switched sides over revision in rates with diesel prices now beginning to fall while petrol holding steady

RBI steps in with measures to boost demand for bonds, cool down yields

Says it is comfortable with a rising rupee, which helps bring down import-led inflation, adds that it remains "committed to ensuring comfortable liquidity and financing conditions in the economy"

Petrol prices reach Rs 82 per litre in Delhi; diesel rate remains unchanged

In Delhi, petrol was priced at Rs 82.03, higher by 9 paise from Rs 81.94 on Saturday

Petrol prices at Rs 81.94 per litre in 11th hike in 13 days, diesel holds

In the international market, crude price has also remained firm with benchmark Brent crude hovering close to $46 a barrel

Petrol price rise for sixth consecutive day, crude oil prices also rise

Petrol prices have been on the rise for the sixth consecutive day on Tuesday, while diesel held on to its price line that it has maintained since July 30

Petrol prices hiked across metros for 4th straight day: Check prices here

In Kolkata, petrol was sold for Rs 83.01, higher by 14 paise from its previous level of Rs 82.87 per litre

Fuelling jugaad: Indian farmers' hacks threaten demand for diesel

Farmers' exasperation was driven by diesel prices bloated by a fivefold jump in central government taxes over the last five years.

Fuel prices unchanged across cities; petrol at Rs 80.43 per litre in Delhi

Petrol and diesel prices remained unchanged across metro cities on Sunday.

Delhi Cabinet decides to reduce VAT on diesel to 16.75% to 'propel economy'

Chief Minister Arvind Kejriwal Thursday announced a reduction in VAT on diesel, saying the move will help propel Delhi's economy

Fuel prices unchanged for fourth day in India over stability in oil market

Oil companies kept petrol and diesel prices unchanged on Thursday taking global cues where benchmark crude oil prices have remained static around $43 a barrel for the past few days now

Diesel prices up by 15 paise, nears Rs 82/litre in Delhi; petrol unchanged

Prices of petrol have remained static at Rs 80.43 per litre for almost four weeks. Petrol rates were last changed on June 29.

Oil companies hold diesel, petrol prices for three consecutive days

Oil marketing companies decided to keep the pump prices of petroleum products petrol and diesel unchanged on Thursday

Hindustan Zinc charts path as metal production falls in lockdown impact

With volume growth expected to be soft in FY21, higher base metal prices are crucial for upgrades

Petrol, diesel prices remain unchanged as oil companies decide to hold

Diesel continues to be priced at Rs 81.64 per litre in the capital, while petrol has maintained steady levels at Rs 80.43 a litre

Petrol, diesel prices remain unchanged for the third consecutive day

Oil marketing companies kept retail prices of petrol and diesel unchanged for the third consecutive day on Friday.