Page 17 - Fuel Prices

Petrol and diesel prices hiked for first time in over four months

Up 80 paise a litre; domestic gas cylinder now dearer by Rs 50

Will petrol, diesel price hike set OMC stocks on fire? What charts suggest

Except IOC, which managed to hold 200-DMA, other stocks are in no mood to conquer their respective hurdles yet, technical charts indicate

Disruptions return? Opposition walks out over fuel price hike

Members of the Congress, Trinamool Congress, Dravida Munnetra Kazhagam (DMK), Nationalist Congress Party (NCP), and Left parties raised slogans against the move

Centre didn't take steps due to elections: Pawar on fuel price rise

NCP chief Sharad Pawar on Tuesday said the Centre did not take timely steps to check the prices of petrol and diesel due to elections in five states.

Sensex rebounds 1,059 pts from day's low, ends 697 pts up; RIL leaps 2.5%

CLOSING BELL: Tech M, Tata Motors, BPCL, ITC, JSW Steel, PowerGrid, Bajaj Auto, Infosys, TCS, Bajaj Finserv, Bharti Airtel, Wipro and IndusInd Bank were the other gainers

NCP, Congress criticise Centre for fuel price hike amid discounted rates

What was the need to increase the price of cooking gas when you (the Centre) have already imported lakhs of barrels of crude oil at highly discounted rates from Russia, NCP spokesperson asked

Congress flays Modi govt over fuel price hike after 11 days of poll results

While the LPG prices have been hiked by Rs 50 per cylinder, petrol and diesel rates have gone up by 80 paise

Crisis-hit Sri Lanka sends military personnel to oversee fuel distribution

Sri Lanka ordered its military to post soldiers at hundreds of gas stations on Tuesday, to help distribute fuel after a sudden rise in prices of key commodities

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.

Diesel price for bulk users hiked Rs 25/litre; pvt retailers fear closure

The price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40% rise in international oil prices, but retail rates at petrol pumps remain unchanged, sources said

Top Headlines: Oyo rejigs top brass; immediate fuel price hike unlikely

IPO-bound Oyo on Thursday announced a major rejig in top management and appointed a new CEO of its India business

Global fuel subsidies ramped up to counter energy price spike: Report

Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs.

Fuel prices will need to be raised by 15% to reflect int'l crude prices

Retail fuel prices have not been marked to market for a few months and should be increased by around 15% to reflect current international crude prices, Morgan Stanley said in a report.

Crude prices risk can be treated as supply shock: RBI deputy governor Patra

Michael Patra adds that while geopolitical fallout is being assessed, it is reasonable to treat it as a supply shock at this stage in setting monetary policy

Airlines send out SOS as loans dry up, fuel prices hit record high

Companies have sought government intervention to get banks to lend working capital

Americans may have reached tipping point with all-time high fuel rate: Poll

The new poll has said that Americans may have reached a tipping point with the national average fuel price at an all-time high of over $4 for one gallon.

Ukraine crisis: Brokerages and rating agencies pare estimates for auto cos

While commodity cost inflation will hurt margins, probable increase in fuel prices can potentially lead to demand deferment across segments, according to Motilal Oswal

Rise in demand, Ukraine crisis: Why fuel prices have soared to record highs

Canadians are returning to office after 2 years of pandemic restrictions, and are being confronted by record-high gasoline prices at the pumps, leaving them wondering: Why is gasoline so expensive?

Petrol, diesel price hike on wait-and-watch mode, CNG rates increased

CNG price in Delhi and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price is on wait-and-watch mode for more clarity on global oil prices

Ukraine crisis could force govts to step up bloated fossil fuel subsidies

Even before Russia's invasion of Ukraine, rising energy costs had triggered a wave of subsidies despite countries agreeing to rein them in.