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DIESEL PRICES NEWS
Explained: Why Karnataka has increased petrol and diesel prices by Rs 3-3.5 per litre
June 16, 2024 4:31 pm
BJP has announced statewide protests and Union minister H D Kumaraswamy of the JD(S) said the hike was effected to finance the Congress government’s guarantee schemes in Karnataka.
Govt slashes petrol, diesel prices by Rs 2 per litre ahead of Lok Sabha polls
March 15, 2024 7:06 am
Earlier, on the occasion of International Women’s Day, Prime Minister Narendra Modi had announced a cut of Rs 100 per cylinder in cooking gas prices.
Diesel exports to Europe at record high in Dec as flows shift from Latin America
January 12, 2024 4:00 am
The displacement of Russian fuels away from Europe — the major reason that led to the spurt in Indian fuel exports to the continent in the aftermath of the Ukraine invasion — also continues to play a role in the equation.
Shell hikes diesel prices by Rs 20 a litre
October 04, 2023 4:36 pm
Shell India has hiked diesel prices by as much as Rs 20 per litre in less than a week's time, but the dominant public sector fuel retailers continue to keep rates on freeze for a record 18th month in a row.
India’s Sept diesel exports to Europe highest so far in ’23
October 04, 2023 7:50 am
India’s diesel exports to Europe in September were at around 333,000 barrels per day (bpd), up nearly 47 per cent from August export volumes, and 57 per cent higher on a year-on-year basis, according to Vortexa data.
Petrol, diesel dearer in Punjab as state hikes total VAT by 10%
June 11, 2023 4:00 pm
Monty Sehgal, spokesperson of Punjab Petrol Pump Dealers' Association, said this hike will mean an increase in margin for those smuggling fuel from Himachal Pradesh to Punjab.
Consumption of petrol, diesel hits new record in May
June 10, 2023 12:24 am
The country’s overall petroleum product consumption, a proxy for crude oil demand, rose 9 per cent YoY and 8 per cent MoM in May to 20.03 million tonnes. But it was lower than the record level of 20.50 million tonnes in March this year.
Centre slashes windfall tax on domestic crude oil to Rs 3,500 per tonne; hikes duty on diesel
April 04, 2023 12:31 pm
Meanwhile, the government increased the export duty on diesel to Re 1 per litre from Rs 0.50.
World's most-crucial fuel heads for shortage touching everything
November 22, 2022 3:26 pm
Within the next few months, almost every region on the planet will face the danger of a diesel shortage at a time when supply crunches in nearly all the world’s energy markets have worsened inflation and stifled growth.
Windfall taxes on crude, export of diesel up, ATF levy reintroduced
October 16, 2022 3:17 am
The revised taxes will be effective from Sunday. It also reintroduced a levy of Rs 3.5/litre on export of jet fuel, at the seventh fortnightly review of the one-off taxes on oil companies.
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