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Petrol Price

Dec 16, 2014 at 15:20 | Source: Moneycontrol.com
Low crude prices will help oil marketing companies reduce underrecoveries on sale of subsidised kerosene and LPG gas. These companies have already been earning income on petrol and diesel as Brent crude fell nearly 48 percent from June when the price was USD 115 a barrel.
Dec 16, 2014 at 08:22 | Source: CNBC-TV18
The OMCs have not passed on the entire benefit to consumers as they are retaining the cushion to make up for losses which have been made on crude inventories as these companies had also purchased crude when prices were much higher- almost over USD 100 per barrel.
Dec 15, 2014 at 20:51 | Source: PTI
In Delhi, petrol will cost Rs 61.33 a litre, the lowest in 44 months, as compared to current price of Rs 63.33. The price has been cut by Rs 2.09 a litre in Mumbai to Rs 68.86. Rates differ from state to state because of varied rates of local sales tax or VAT.
Dec 11, 2014 at 22:12 | Source: CNBC-TV18
The sugar sector finally has something to cheer about. The share prices of sugar companies jumped between 4 and 6 percent, after the government, for the first time, de-linked the price of ethanol from the price of petrol, and linked it to the price of cane, reports, CNBC-TV18's Varinder Bansal and Archana Shukla.
Dec 11, 2014 at 09:46 | Source: CNBC-TV18
ISMA director general Abhinash Verma believes the sugar industry will see better realizations with the new price. The industry revenue will increase by nearly Rs 5,000 crore, he adds.
Dec 11, 2014 at 09:40 | Source: PTI
In November 2012, the government had mandated compulsory 5 percent blending of ethanol in petrol but the programme has not extended beyond certain centres because of supply and pricing issues.
Dec 10, 2014 at 16:19 | Source: PTI
Opposition parties contended that reduction in petrol and diesel prices domestically in the last six months was not commensurate with declining global crude oil prices and also questioned the justification of levying excise duty depriving consumers of their due benefit.
Dec 02, 2014 at 14:10 | Source: Moneycontrol.com
Oil-marketing companies shares tumbled in afternoon trade after the government said it had raised excise duty on petrol and diesel by Rs 2.25 per litre and Rs 1 per litre.
Dec 01, 2014 at 20:13 | Source: CNBC-TV18
Experts say the three OMCs are still refraining from passing on the entire benefit of falling crude prices to consumers, and are retaining a margin or over recovery of 0.90 rupees per litre.
Dec 01, 2014 at 10:06 | Source: Moneycontrol.com
Shares in Indias leading oil marketing companies and aviation firms rose in early trade after international crude oil prices fell to USD 68 a barrel after the OPEC late last week decided to not cut output even in the face of rising gap between demand and supply.
Messages on Petrol Price »

SugarTrappe
d

Gold Member

24 Followers

Gitanjali Gems  

you guys have no clue of things to come. Monsoon is bad and draught is staring. This will increase subsidies and petrol prices, and inflation. To contain the CAD, govt will continue to control gold prices. Only demand in US can offset the India problem.

10.05 PM Jul 3rd

R Jagannathan

Platinum Member

1130 Followers

Politics  

in diesel by 50 paise a month is in accordance with policy. It was the best decision ever taken by the UPA in years. It needs to be continued till prices reach market levels and then diesel can be deregulated. The hike in petrol prices may be warranted by recent increases in crude prices and so is the LPG

12.38 PM Jul 3rd

km852004

Platinum Member

195 Followers

ICICI Bank  

/milk/ onion/pototo/and groceries. Unless the production increase of the basic things like cultivation and vegetation they cannot do any wonders. For that they blame the rain and coming drought or iraq reason for petrol price escalation. Before also iraq or iran and other problems all there and evey one

12.15 PM Jul 3rd

km852004

Platinum Member

195 Followers

Other Market Topics  

every year buget coming and common man have to pay more from his pocket. specialy retired man became more troubled - with less income and travel become a necessary thing. increase 14% is making a big hole every ones pocket- gas price increase/petrol price/ milk price all are become a burden

12.06 PM Jul 2nd

Web Messenger

Platinum Member

257436 Followers

News Now  

Source:Calcutta Telegraph News - New Delhi, June 30: Petrol prices were today hiked by Rs 1.69 a litre and diesel 50 paise a litre as the crisis in Iraq caused a spike in global crude rates. The hike, effective midnight tonight, excludes local sales tax or VAT and the actual increase

5.41 PM Jul 1st

1310sid

New Member

0 Follower

ONGC  

petrol price hike & gas price hike no effect at all.... something is wrong any one any idea

1.44 PM Jul 1st

stocks4u

Silver Member

6 Followers

MBL Infra  

Government hiked petrol prices . The savings will be put on infra projects. There is more scope for MBL to go up in coming days. - My target for MBL Infra is Rs 450 for the long term with a stoploss of Rs 260

10.10 AM Jul 1st

bajaj_group

Platinum Member

123 Followers

Chennai Petro  

petrol price to go up by 1.69 from mid night.any comments?

8.58 PM Jun 30th

investing4m
asti

Silver Member

17 Followers

SBI  

IOC to raise diesel prices by Rs 0.50/litre from midnight. ET Now | IOC to raise petrol prices by Rs 1.69/litre from midnight ...Tomorrow Market will go up by another 1% and SBI another 2% jump...Happy investing...

7.55 PM Jun 30th

investing4m
asti

Silver Member

17 Followers

Suzlon Energy  

IOC to raise diesel prices by Rs 0.50/litre from midnight. ET Now | IOC to raise petrol prices by Rs 1.69/litre from midnight

7.43 PM Jun 30th

News across the web »
Dec 11, 2014 at 10:41 | Source: BBC
Nov 30, 2014 at 18:46 | Source: FirstPost