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Petrol is a transparent, petroleum‑derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines. It is one of the main products, which is consumed heavily worldwide to fuel vehicles – the other is diesel. A derivative product of crude oil or petroleum, it is derived during the fractional distillation process. Although, its primary use is to fuel motor vehicles, it is not used for this purpose in its crude form. To use it as fuel for passenger vehicles, different additives are added to it like ethanol. Petrol price differs in every part of the world. A major driver of petrol prices is crude oil prices, which is one of the most important macroeconomic indicators for the world. In India, petrol prices differ from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges. Currently, the petrol price in the country has not changed for over 100 days – the longest freeze in the price since daily fuel price revision was adopted in June 2017 -- which comes during the assembly elections in states like Uttar Pradesh and Punjab. Prior to this, the second-longest pause of 82 days was between March 17, 2020, and June 6, 2020. More

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  • Fuel Prices on November 25: Check petrol, diesel rates in Delhi, Mumbai and other cities Nov 25, 2022 07:48 AM IST

    Fuel Prices on November 25: Check petrol, diesel rates in Delhi, Mumbai and other cities

    In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27 a litre

  • Denatured anhydrous ethanol and ethyl alcohol not the same under law: Karnataka Appellate Tribunal Nov 13, 2022 01:53 PM IST

    Denatured anhydrous ethanol and ethyl alcohol not the same under law: Karnataka Appellate Tribunal

    Oil marketing companies Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited had challenged the tax demand.

  • State-run OMCs report consolidated loss of Rs 3805 crore in second quarter Nov 08, 2022 07:22 PM IST

    State-run OMCs report consolidated loss of Rs 3805 crore in second quarter

    Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited, and Bharat Petroleum Corporation Limited struggled with low marketing margin on the sale of petrol, diesel and domestic LPG

  • Fuel Prices on October 18: Check petrol, diesel rates in Delhi, Mumbai and other cities Oct 18, 2022 07:02 AM IST

    Fuel Prices on October 18: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre respectively. In Mumbai, petrol is being sold for Rs 106.31 and diesel for Rs 94.27 per litre. Petrol and diesel are priced at Rs 102.63 and Rs 94.24 in Chennai and at Rs 106.03 and Rs 92.76 per litre in Kolkata respectively.

  • BPCL to set up EV fast charging stations in two southern corridors, plans to launch 7,000 more stations by 2027 Oct 14, 2022 06:16 PM IST

    BPCL to set up EV fast charging stations in two southern corridors, plans to launch 7,000 more stations by 2027

    With the announcement of the launch, BPCL also said that the company will now focus on new business segments and converting its 7,000 conventional retail outlets into energy stations providing multiple fueling options, which will also include EV charging facility, in the medium to long term.

  • From October 25, refuel only vehicles with PUC certificate: Delhi govt to petrol pumps Oct 12, 2022 11:47 AM IST

    From October 25, refuel only vehicles with PUC certificate: Delhi govt to petrol pumps

    In a notice issued by the transport department, owners of vehicles more than a year old (except electric or battery-driven vehicles) were also asked to get Pollution Under Control Certificates (PUCCs) for their vehicles.

  • Fuel Prices on October 11: Check petrol, diesel rates in Delhi, Mumbai and other cities Oct 11, 2022 06:40 AM IST

    Fuel Prices on October 11: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 97.28. 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.

  • Fuel Prices on October 10: Check petrol, diesel rates in Delhi, Mumbai and other cities Oct 10, 2022 08:09 AM IST

    Fuel Prices on October 10: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel prices remain unchanged across metro cities on October 10, the latest price notification issued by fuel retailers showed.

  • MC Explains | Windfall tax: Everything you need to know, and what next Oct 06, 2022 01:47 PM IST

    MC Explains | Windfall tax: Everything you need to know, and what next

    The Centre reduced the windfall tax on domestically produced crude oil to Rs 8,000 per tonne from Rs 10,500 per tonne on October 3. Windfall tax is levied by governments when an industry unexpectedly earns large profits, primarily due to an unprecedented event.

  • Fuel Prices on October 5: Check petrol, diesel rates in Delhi, Mumbai and other cities Oct 05, 2022 07:21 AM IST

    Fuel Prices on October 5: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • India makes strong pitch to major US firms for investing in oil and gas production Oct 02, 2022 01:54 PM IST

    India makes strong pitch to major US firms for investing in oil and gas production

    India is the world's 4th largest oil importer and the demand is expected to rise driven by an increase in India's per capita consumption of energy which currently stands at one-third of the global average.

  • Government cuts windfall profit tax on local crude, diesel, lifts for jet fuel Oct 02, 2022 06:40 AM IST

    Government cuts windfall profit tax on local crude, diesel, lifts for jet fuel

    At the sixth fortnightly review, the government reduced the tax on domestically produced crude oil to Rs 8,000 per tonne from Rs 10,500 per tonne

  • Fuel Prices on September 30: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 30, 2022 07:36 AM IST

    Fuel Prices on September 30: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Fuel Prices on September 27: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 27, 2022 07:22 AM IST

    Fuel Prices on September 27: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Fuel Prices on September 26: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 26, 2022 07:26 AM IST

    Fuel Prices on September 26: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Fuel Prices on September 24: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 24, 2022 10:34 AM IST

    Fuel Prices on September 24: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Fuel Prices on September 23: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 23, 2022 08:01 AM IST

    Fuel Prices on September 23: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Fuel Prices on September 22: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 22, 2022 07:30 AM IST

    Fuel Prices on September 22: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Govt reduces windfall tax on crude oil to Rs 10,500 from Rs 13,000/tonne Sep 16, 2022 09:44 PM IST

    Govt reduces windfall tax on crude oil to Rs 10,500 from Rs 13,000/tonne

    Additionally, government has also reduced tax on export of diesel and ATF

  • Fuel Prices on September 16: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 16, 2022 07:23 AM IST

    Fuel Prices on September 16: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Fuel Prices on September 15: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 15, 2022 08:05 AM IST

    Fuel Prices on September 15: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.

  • Achieving target of 20% ethanol blending in petrol by 2025 to save Rs 1 lakh crore forex: Amit Shah Sep 15, 2022 07:57 AM IST

    Achieving target of 20% ethanol blending in petrol by 2025 to save Rs 1 lakh crore forex: Amit Shah

    In June 2021, the Narendra Modi government had set the target of achieving 10 per cent ethanol blending in petrol by November 2022, which was achieved five months in advance, he said after laying the foundation stone for Kribhco’s bioethanol plant at Hazira on the outskirts of Surat city.

  • Fuel Prices on September 13: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 13, 2022 07:34 AM IST

    Fuel Prices on September 13: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively.

  • Petrol, diesel prices regulated by election dates and not global rates: Congress Sep 11, 2022 08:06 PM IST

    Petrol, diesel prices regulated by election dates and not global rates: Congress

    Addressing a press conference here, Congress spokesperson Gourav Vallabh asked why the consumers had to bear the brunt of high fuel prices when crude oil prices were at a seven-month low

  • Fuel Prices on September 9: Check petrol, diesel rates in Delhi, Mumbai and other cities Sep 09, 2022 07:39 AM IST

    Fuel Prices on September 9: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Fuel prices have stayed unchanged for more than a month. Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 per litre and diesel for Rs 94.27. 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.