The rates of petrol and diesel in Delhi increased by 80 paise a litre, while in Mumbai, fuel became costlier by 84 paise on Thursday
Petrol and diesel prices were on Wednesday hiked by 80 paise a litre each, taking the total increase in rates in the last nine days to Rs 5.60 per litre.
Petrol price on Tuesday crossed Rs 100 a litre mark after rates were hiked by 80 paise a litre and 70 paise in case of diesel, taking the total increase in rates in one week to Rs 4.80 per litre. Petrol in Delhi will now cost Rs 100.21 per litre as against Rs 99.41 previously while diesel rates have gone up from Rs 90.77 per litre to Rs 91.47, according to a price notification of state fuel retailers. Rates have been increased across the country and vary from state to state depending upon the incidence of local taxation. This is the seventh increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22. On the first four occasions, prices were increased by 80 paise a litre - the steepest single-day rise since the daily price revision was introduced in June 2017. On the following days, petrol price went up by 50 paise and 30 paise a litre while diesel rose by 55 paise and 35 paise a litre. In all, petrol and diesel prices have gone up by Rs 4.8
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Petrol price on Monday was hiked by 30 paise a litre and diesel by 35 paise, taking the total increase in rates in the last one week to Rs 4-4.10 per litre
Petrol is selling in the national capital at Rs 98.61 per litre while diesel is trading at Rs 89.87 per litre
Nitin Gadkari justified the hikes in fuel prices, thrice in the last four days, saying the oil prices had gone up within the international market owing to the ongoing Russia-Ukraine war
In Mumbai, the rate of petrol increased by 84 paise today, selling at Rs 112.51 per litre
The move will affect more than 72 lakh domestic households.
Petrol and diesel are costliest in Mumbai at Rs 111.67 and Rs 95.85 a litre, respectively.
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.
The surge in diesel sales is putting pressure on India's logistics and supply infrastructure, according to Reliance
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
Given the shape of peninsular India it makes far more sense to run trains from one coast to the other than ships.
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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.
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
The rapid spread of the Omicron variant of coronavirus has led to the imposition of local restrictions in several parts of the country
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
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