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Petrol and diesel prices remained unchanged across major Indian cities on Monday, even as global crude oil markets stayed volatile due to escalating tensions in the Middle East and disruptions in key shipping routes. Petrol prices today In Delhi, petrol continued to be priced at Rs 94.77 per litre. Rates remained higher in other metros,…
The ministry of petroleum and natural gas on Thursday dismissed reports of a possible hike in petrol and diesel prices, calling them “fake news” and aimed at creating unnecessary panic among citizens.In a post on X, the ministry said, “There are some news reports suggesting a price hike of petrol and diesel. It is hereby…
Indian Oil Corporation Limited (IOCL) on Tuesday assured that supplies of petrol and diesel remain stable in the country despite ongoing supplies triggered by the Middle East conflict. Speaking at a press conference, Ashutosh Gupta, Executive Director and State Head, IOCL Punjab State Office, said the company currently holds sufficient reserves across Punjab, Himachal Pradesh,…
The Middle East crisis continues to choke energy supplies across the world and push crude prices higher, swinging around $100 per barrel mark. However, even though input costs for energy continue to rise, fuel prices remain unchanged in India, pushing state-run oil marketing companies under mounting losses.Losses are estimated at around Rs 18 per litre…
NEW DELHI: Govt on Saturday significantly increased export duties on diesel and aviation turbine fuel to dissuade oil refiners from exporting these fuels and to ensure adequate availability in the domestic market amid ongoing tensions in West Asia. The ministry of finance issued a series of notifications hiking the export duty on diesel by more…
The finance ministry on Saturday announced a sharp increase in export duties on diesel and Aviation Turbine Fuel (ATF), while keeping the duty on petrol unchanged.According to the ministry, the export duty on diesel has been raised from Rs 21.5 per litre to Rs 55.5 per litre, while that on ATF has been increased from…
Pakistan has announced a sharp increase in petrol and diesel prices for the second time in less than a month, amid the ongoing Middle East war that has deeply impacted the global oil crisis.The latest hike is expected to worsen inflationary pressures and add to the economic burden on citizens already struggling with rising costs.The…
India’s petrol shipments dropped significantly in March, declining 33% to 8.31 million barrels. (AI image) US-Iran war impact: India’s diesel exports have climbed by 20% in March amid the ongoing Middle East conflict. The widening gap between crude oil prices and refined diesel prices have led India to ramp up diesel exports by about 20%…
NEW DELHI: Bangladesh is receiving a fresh consignment of 7,000 tonnes of diesel through a pipeline from India’s Numaligarh refinery, with energy minister Iqbal Hasan Mahmud Tuku Monday telling Parliament that fuel hoarding — not a supply shortage amid the West Asia crisis — is the bigger concern.The fuel began arriving through the India-Bangladesh Friendship…
In the national capital, petrol continued to be priced at Rs 94.77 per litre, while diesel held steady at Rs 87.67 per litre. (AI image) Petrol, diesel prices today: Amid US-Iran war and continued transit issues via the Strait of Hormuz, countries around the world have been forced to either raise petrol, diesel, gas prices…
