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June 01, 2023 03:29 PM IST Demand for diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, soared 9.3 per cent to 7.46 million tonne in May compared to the year-ago period.
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May 30, 2023 12:27 PM IST While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers.
- May 16, 2023 06:53 AM IST
Windfall tax, also referred to as the special additional excise duty, was already nil on aviation turbine fuel (ATF), petrol and diesel. The same has been left unchanged.
- May 12, 2023 02:50 PM IST
The Energy Transition Advisory Committee (ETAC), headed by former petroleum secretary Tarun Kapoor has submitted a report recommending that India should ban the use of diesel-powered four-wheelers by 2027 in cities with over 10 lakh population and switch to electric and gas-fuelled vehicles. But why? Watch to find out.
- May 11, 2023 09:31 AM IST
Petrol and diesel rates remained unchanged in major metro cities across the country.
- May 08, 2023 10:01 AM IST
Petrol rates and diesel rates have been steady over the last eleven months.
- May 06, 2023 07:35 AM IST
The prices of petrol and diesel have been steady over the last eleven months in all major metropolitan cities of India.
- May 04, 2023 09:15 AM IST
At present, petrol in Delhi is being sold at Rs 96.72 a liter while diesel is being sold at Rs 89.62 a litre
- May 03, 2023 12:12 PM IST
Addressing a national seminar on maize to ethanol, Goyal said ethanol is a "sunrise sector" and asked the industry to set up factories for manufacturing of this green fuel which can operate on dual feed stock (sugarcane and food grains).
- April 30, 2023 07:29 AM IST
The oil ministry expects crude oil prices to remain volatile going ahead on account of China's reopening and weak economic activity in the West,
- April 22, 2023 08:07 AM IST
Petrol is costliest in Andhra Pradesh at Rs 110.48 a litre and cheapest in Uttarakhand at Rs 95.28.
- April 21, 2023 10:25 AM IST
Petrol is costliest in Andhra Pradesh at Rs 111.76 a litre and cheapest in Andaman and Nicobar at Rs 84.10
- April 14, 2023 06:09 PM IST
India imports a majority of its crude oil requirements from Middle-Eastern countries, Saudi Arabia and Iraq. Now lately, Russia has joined the fray.
- April 13, 2023 09:37 PM IST
Oil demand in India for 2023 will be driven by air travel recovery, supported by healthy mobility and steady industrial activity, said Organisation of Petroleum Exporting Countries (OPEC).
- April 14, 2023 07:25 AM IST
Crude oil prices are at the breakeven price range of $85-$88 per barrel for India’s oil companies, which have less room to pass on the hike to end-consumers, according to analysts.
- April 05, 2023 10:15 AM IST
As of today, only diesel carries a windfall tax while crude oil, aviation turbine fuel and petrol are exempted from any such levies.
- March 29, 2023 03:30 PM IST
Minister of Power and Energy Kanchana Wijesekara told reporters different categories of petrol and diesel will be sold at prices from 8% to 26% lower starting Wednesday midnight.
- March 22, 2023 10:36 AM IST
Petrol and diesel are priced at Rs 102.63 and Rs 94.24 in Chennai and at Rs 106.03 and Rs 92.76 in Kolkata, respectively.
- March 21, 2023 11:13 AM IST
Honda Cars is in the middle of restructuring its entire model lineup wherein some models will be discontinued and some reintroduced. It has already announced that it will stop selling the fourth-generation City mid-size sedan, WR-V crossover and Jazz premium hatchback from the end of this month.
- March 21, 2023 10:00 AM IST
The Centre reduced windfall gains tax on domestic production of crude petroleum to Rs 3,500 per tonne from Rs 4400 per tonne, it said late on March 20.
- March 14, 2023 07:32 PM IST
The Oil Minister Hardeep Singh Puri said OMCs did not pass on the high fuel costs to consumers.
- March 14, 2023 09:47 AM IST
Known for his Punjabi rap songs, AP Dhillon is massively popular in the state, especially among the youth.
- March 04, 2023 10:25 AM IST
According to the brokerage, businesses have so far lost Rs 1.2 per litre on the sale of fuel during the current quarter. Nonetheless, the brokerage claims that a profit of Rs 6.8 per litre on petrol has made the combined margin for the two fuels positive.
- March 01, 2023 01:11 PM IST
Petrol sales of state-owned fuel retailers jumped 12 per cent to 2.57 million tonne in February, as compared to 2.29 million tonne of consumption in the same period of last year.
- February 10, 2023 02:23 PM IST
In spite of assurances that there is an adequate supply of gasoline and government threats to clamp down on hoarders, there is still a shortage of gasoline in Punjab.
