For overall 2022, India's oil demand is expected to grow by 225,000 barrel per day, with growth expected to ease to 185,000 barrels per day in 2023
The Congress on Thursday slammed the Centre over rising prices of CNG and PNG and termed it "fuel loot."
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Price rise in fuels will only reflect in April numbers
While the prices of vegetables and several other food items have gone through the roof, the rates of petrol and diesel have increased by about Rs 10 per litre each in the past one month.
There has been a hike of Rs 10 in the price of petrol and diesel over the last few days and the Petrol in the national capital crossed the Rs 105 mark yesterday
"The pandemic had deeply hurt the financial earning of the state. We are in the process of recovery in the last one year," he said
A nearly 450% jump in European gas prices the past year made the green fuel of the future cost-competitive about a decade ahead of schedule
Samajwadi Party (SP) chief Akhilesh Yadav hit out at the BJP-led Centre on Saturday over the rising fuel prices in the country. In a tweet in Hindi, he said, "When there is no control of the government over the spiralling prices of fuel nor any management and regulation, and if everything is market-driven, then what is the ministry of petrol, diesel and gas for? It should immediately be dissolved." The former Uttar Pradesh chief minister also said the inflation created by the Bharatiya Janata Party (Bhajpai-mehngai) is depriving people of fuel.
Accusing the Centre of not doing anything to control price rise of fuel and other essential commodities, West Bengal CM Mamata Banerjee insisted that a policy should be made to arrest the hike
Bahujan Samaj Party (BSP) chief Mayawati Thursday said people are troubled by the rising prices of fuel and other essential goods, and asked the Centre to address the issue seriously.
"It reminds us of a French monarch telling people 'if you cannot afford bread, eat cake'. This is what the BJP minister is telling the Goans. This attitude comes from the arrogance of power," he said
The country of 20 million people is suffering its worst economic crisis in decades, short supply of fuel resulting in hours-long power cuts every day
In a month, the CNG prices have been revised seven times, which comes on the back of a surge in gas prices globally
In Mumbai, the petrol and diesel prices per litre are at Rs 120.51, increasing by 84 paise & Rs 104.77, up 85 paise
Puri also pointed out that the price of natural gas has shot up several times in the international market after the outbreak of the war
When Narendra Modi's supporters criticised him for the posts, KTR had said that he will continue to highlight and expose bigotry of the National Democratic Alliance (NDA) government and PM Modi
With fuel prices being hiked multiple times over the last two weeks, the rate of petrol in Parbhani district in Maharashtra reached Rs 122.67 a litre on Tuesday
He also tagged a news report "Cost of living rises in India as companies pass on higher prices" with his tweet
West Bengal CM Banerjee flayed the BJP-led central government for "skyrocketing" prices of commodities, and urged it to call an all-party meeting to find solutions to ongoing economic problems.