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FUEL PRICES NEWS

Jet fuel or ATF price on Friday was hiked by the steepest-ever 14 per cent -- the third straight increase, while the commercial cooking gas rate was cut by Rs 157.5 per cylinder in line with divergent trends in international benchmarks.

ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5

July 01, 2025 2:20 pm

ATF price hiked by 7.5% while commercial LPG sees a Rs 58.5 cut amid global oil fluctuations.

Gujarat: Fuel surcharge reduced; electricity set to be cheaper for consumers of state-run DISCOMS

December 25, 2024 12:50 am

With this decision, the state government will levy Rs 2.45 for every unit of power instead of the current rate of Rs 2.85 per unit.

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Oil companies hike dealer commission; no change in petrol, diesel price

October 30, 2024 8:41 am

At present, dealers are paid Rs 1,868.14 per kilolitre, plus 0.875 per cent of produce billable price, as commission on petrol.

Global benchmark Brent crude had slipped to under $70 per barrel on September 10—the first such instance since December 2021—but has climbed to over $74 per barrel over the past nine days.

Oil companies to wait more before petrol, diesel price cut, reverting to routine fuel price revisions

September 20, 2024 11:09 am

India is the world’s third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its requirement.

After fuel and milk prices, now fares of state-run buses may rise in Karnataka

July 15, 2024 10:52 am

The Karnataka State Road Transport Corporation (KSRTC) says the fares were last revised in 2009, when diesel cost around Rs 60 per litre.

Petrol demand rises in July, rains continue to cut into diesel sales

August 01, 2023 2:08 pm

India's petrol consumption rose in July, but diesel demand fell owing to monsoon rains and floods in some parts of the country, preliminary industry data showed on Tuesday.

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OMCs may take call on fuel prices if crude stays stable: H S Puri

June 11, 2023 12:21 am

On the questions about bringing down the fuel prices, Puri said the state-run oil marketing companies did “okay” in the last quarter. “They have recovered some of their losses. They have been very good corporate citizens. As we go along, we will see what can be done,” he said.

Cabinet to consider price caps on gas to stave off rates rising to $10.7 per mmBtu

March 27, 2023 8:36 am

The government bi-annually fixes prices of locally produced natural gas -- which is converted into CNG for use in automobiles, piped to household kitchens for cooking and used to generate electricity and make fertilisers.

Oil lower as banking turmoil holds down sentiment

March 21, 2023 11:08 am

It follows UBS throwing a lifeline to Credit Suisse and major central banks saying they would enhance market liquidity and support the banking system.

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.

FUEL PRICES PHOTOS

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Mamata Banerjee rides pillion on electric scooter in protest against rising fuel prices

February 25, 2021 6:34 pm

With a placard protesting against the petrol price hike hanging around her neck, helmet-clad Banerjee waved at people on both sides of the road during the five-km-long journey from Hazra More to the state secretariat.

Today in pics: Budget Session begins amid protest over price rise

July 07, 2014 7:05 pm

The protest was against hike in rail fares, food prices and other essential commodities.

FUEL PRICES VIDEOS

Express Eye for Detail Ep 5: Political war over Vijay Mallya, Kerala nun rape case and rising fuel prices

June 22, 2020 6:16 pm

Why are the Congress and the BJP fighting over Vijay Mallya? Is the Kerala nun's rape case the biggest blot on the church in India? And what did a Bharat bandh this week really achieve? Arun George answers the big questions of the week.