Page 10 - Diesel

Petrol, diesel prices hiked by 80 paise, third increase in four days

In Mumbai, the rate of petrol increased by 84 paise today, selling at Rs 112.51 per litre

PNG price increased by Rs 1, a day after petrol, diesel and LPG rates hiked

The move will affect more than 72 lakh domestic households.

Second hike in two days: Petrol, diesel prices dearer 85 paise each

Petrol and diesel are costliest in Mumbai at Rs 111.67 and Rs 95.85 a litre, respectively.

Petrol, diesel price up 80 paise a litre; Rs 50 hike in LPG rates: Reports

Petrol and diesel prices were hiked by 80 paise a litre each while domestic cooking gas prices were increased by Rs 50 per cylinder, sources said.

India's bulk diesel buyers rush to cheaper retail outlets after price hike

The surge in diesel sales is putting pressure on India's logistics and supply infrastructure, according to Reliance

Imminent price hike expectation drives petrol, diesel sales in India

India's auto fuel sales surged past pre-pandemic levels in the first half of March as consumers and dealers topped tanks in anticipation of a likely price hike post assembly elections. Petrol sales by state-owned fuel retailers, which control roughly 90 per cent of the market, at 1.23 million tonnes during March 1-15 were nearly 18 per cent higher than the same period last year and 24.4 per cent higher than the period in 2019, preliminary industry data showed. Diesel, mostly-used fuel in the country, saw sales jumping 23.7 per cent year-on-year to 3.53 million tonnes. This was 17.3 per cent higher than sales in March 1-15, 2019. While petrol sales were 24.3 per cent higher than the sales during March 1-15, 2020, diesel sales were up 33.5 per cent over the same reference period. Month-on-month, petrol sales were up 18.8 per cent and diesel sales surged 32.8 per cent. Oil Minister Hardeep Singh Puri had on Monday stated that fuel sales had jumped 20 per cent on comments exhorting pe

Cost benefit study needed before spending money on inland water transport

Given the shape of peninsular India it makes far more sense to run trains from one coast to the other than ships.

Top headlines: Grover accused of money laundering; Biden warns Putin

Business Standard brings you the top headlines on Wednesday

New levy on unblended petrol and diesel likely to lead to price hike

The Rs 2 per litre additional excise duty proposed on unblended fuels in the Finance Bill will result in a uniform hike of diesel prices across the country from October 1.

Centre sets target to replace Diesel with Renewable in Agriculture by 2024

Power minister R K Singh says this is in line with govt's commitment to hike the share of non-fossil fuels by 2030 and become a net zero emitter by 2070

Covid-19: Petrol, diesel sales fall in January as Omicron spreads

The rapid spread of the Omicron variant of coronavirus has led to the imposition of local restrictions in several parts of the country

ATF price hiked by 4.2%, second increase in Jan as petrol, diesel unchanged

Jet fuel or ATF price was hiked by 4.2 per cent - the second increase in rates this month warranted by firming international oil prices, but petrol and diesel prices remained unchanged

Pipeline spills over 300,000 gallons of diesel near New Orleans

A severely corroded pipeline ruptured and spilled more than 300,000 gallons (1.1 million liters) of diesel fuel just outside New Orleans after the operator delayed needed repairs

Pipeline spills 300,000 gallons of diesel near New Orleans: Report

The spill from the 16-inch (40-centimeter) diameter line operated by Collins Pipeline Co. was discovered December 27 near a levee in St. Bernard Parish, just east of New Orleans

India's gasoil sales rise in Dec, but Omicron seen dampening demand

Movement of gasoil-consuming trucks in India picked up in December as more fruits and vegetables were transported across the country than usual that month

Govt allows Delhi NCR-based pharma and device makers to use diesel gensets

This decision also applies to factories in NCR which manufacture life saving drugs and devices.

Despite EV hype, will India be the last major economy to ditch auto fuels?

There are over 3 million CNG-fuelled vehicles registered in India

Delhi govt likely to slash VAT on petrol, diesel prices today

In the Delhi Cabinet meeting on Wednesday, the government is likely to decrease VAT on petrol and diesel

Govt's excise mop-up from petrol, diesel doubles to Rs 3.7 trillion in FY21

The increase in the collection was mainly on account of rise in the incidence of taxation on fuels

No immediate consumer relief expected in petrol, diesel prices

Oil companies cautious over crude oil price fluctuations