Fuel Prices

Petrol prices slashed by 49 paise, diesel by Rs 1.21

The retail price of petrol has been cut by 49 paise per litre and that of diesel by Rs 1.21 per litre. With this change, the price of diesel in Delhi will become Rs 48.50/litre while petrol will cost Rs 60 per litre.

Apr 01, 2015, 11:36 AM IST

Petrol, diesel prices hiked by over Rs 3/litre each

Petrol price was Saturday hiked by Rs 3.18 per litre and diesel by Rs 3.09, the second increase in rates this month on rising international oil rates.

Feb 28, 2015, 20:40 PM IST

Petrol prices hiked by Rs 3.18 per litre; diesel by Rs 3.09

Oil marketing companies have decided to increase petrol pries by Rs 3.18 per litre and diesel by Rs 3.09 with effect from midnight Saturday.

Feb 28, 2015, 18:44 PM IST

'Petrol prices in Pakistan lowest in the region'

Pakistan has passed maximum benefit of reduction in oil prices in the international market to the people, a senior minister has said following the slashing of fuel prices by the government.

Feb 01, 2015, 23:03 PM IST

What cheap gas? Some automakers still push electrics

Cheap fuel prices are not deterring some automakers from building up their offerings of alternative fuel vehicles.

Jan 13, 2015, 10:49 AM IST

Excise duty on petrol, diesel hiked; no change in retail price

The oil firms had yesterday skipped cutting rates of the two fuels that had become necessary as international oil rates plunged to their lowest level since May 2009.

Jan 01, 2015, 20:30 PM IST

Govt raises excise duty on petrol, diesel by Rs 2 per litre

The government on Thursday hiked the excise duty on petrol and diesel by Rs 2 per litre.

Jan 01, 2015, 19:54 PM IST

Diesel deregulated; prices cut by Rs 3.37 per litre

In a bold reform decision, the government on Saturday decided to deregulate the price of diesel with immediate effect, leading to a fall of Rs 3.37 per litre with effect from midnight tonight.

Oct 18, 2014, 19:33 PM IST

Need to lower inflation before cutting rates: RBI Chief

The RBI wants to bring down interest rates when it is "feasible", Rajan told a banking conference.

Sep 15, 2014, 13:34 PM IST

Petrol price cut by Rs 1.09 per litre; diesel gets costlier

The revisions will be effective midnight tonight, Indian Oil Corp, the nation's largest oil firm, announced on Thursday.

Jul 31, 2014, 19:38 PM IST

Egypt raises fuel prices to slash subsidies

Egypt's government has drastically raised fuel prices to tackle a bloated subsidy system, in a potentially unpopular move that could present newly elected President Abdel Fattah al-Sisi with his first serious challenge.

Jul 05, 2014, 08:04 AM IST

Losses on diesel more than double to Rs 3.40 a litre

With escalating violence in Iraq spooking international oil markets, losses on the sale of diesel have more than doubled to Rs 3.40 a litre even after monthly price increases.

Jul 01, 2014, 20:05 PM IST

Losses on diesel dip to new low of Rs 1.62 a litre

Losses on sale of diesel have dipped to a record low of Rs 1.62 per litre, raising the prospect of deregulation of the nation's most consumed fuel.

Jun 16, 2014, 19:23 PM IST

Petrol, diesel prices may be hiked to fund fuel upgrade

Petrol and diesel prices will be hiked by 75 paise a litre each if the government accepts an expert panel report that recommends nationwide fuel standards be upgraded.

Jun 13, 2014, 19:05 PM IST