Fuel Price Hike: News
21 Apr 2023
Petrol Diesel PricesFuel prices revised in Mumbai, other major cities: Check rates
Petrol and diesel prices remained constant on Friday in the figures across major cities like Kolkata, Bengaluru, Mumbai, and New Delhi, as fuel prices continued their ten-month streak of rate stability.
03 Apr 2023
IndiaOPEC+ cuts oil output: Know its impact on India
A surprise cut in oil output by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, or OPEC+, has sent the global market into a frenzy.
08 Aug 2022
BangladeshBangladesh: Protests erupt after 52% fuel price hike amid slowdown
Protests erupted across Bangladesh following a sharp increase in fuel prices amid the country's economic slowdown.
14 Jul 2022
MaharashtraMaharashtra: Petrol, diesel become cheaper. Check new rates
The Maharashtra government has decided to reduce value added tax (VAT) on petrol and diesel by Rs. 5 and Rs. 3 per liter, respectively, Chief Minister Eknath Shinde said on Thursday.
03 Jun 2022
IndiaNew LPG subsidy rules: Check eligibility, subsidy amount, other details
Beneficiaries of the Pradhan Mantri Ujjwala Yojana will receive a Rs. 200 subsidy straight into their bank account for buying 14.2kg liquefied petroleum gas (LPG) cylinders.
23 May 2022
Petrol Diesel PricesPetrol, diesel prices drop sharply after Centre cuts excise duty
Fuel prices saw a considerable reduction after Finance Minister Nirmala Sitharaman's Saturday announcement of a central excise duty cut of Rs. 8/liter on petrol and Rs. 6/liter on diesel.
07 May 2022
DelhiDomestic LPG cylinder price hiked by Rs. 50: Check rates
The price of the 14.2kg liquefied petroleum gas (LPG) cylinder has been hiked by Rs. 50 with effect from Saturday.
04 May 2022
UkraineIndia wants Russian crude oil for less than $70/barrel: Report
In the light of extremely harsh Western economic sanctions against Russia for its invasion of Ukraine, India is reportedly persuading Moscow to provide further discounts on crude oil.
28 Apr 2022
Narendra ModiFuel price hike: Opposition-ruled states accuse Modi of 'step-motherly treatment'
Opposition-ruled states reacted strongly on Thursday to Prime Minister Narendra Modi's remarks criticizing them for rising fuel prices.
27 Apr 2022
Narendra ModiFuel price hike: Modi asks opposition-ruled states to cut VAT
Prime Minister Narendra Modi on Wednesday invoked "national interest" as he urged opposition-ruled states to lower the value-added tax (VAT) on fuel.
21 Apr 2022
NestleNestle to hike prices of Maggi, KitKat, Nescafe in India?
FMCG giant Nestle India said on Thursday the cost of key raw and packaging materials was seeing 10-year highs and continued to surge this quarter, impacting its profit from operations.
18 Apr 2022
IndiaFuel price hike: Delhi auto, taxi drivers launch 2-day strike
Auto rickshaw and taxi drivers' associations in Delhi have called for a two-day strike—starting from Monday—to protest against the rising fuel prices in the country.
12 Apr 2022
DelhiUber hikes Delhi-NCR fares by 12% over rising fuel prices
Cab hailing service Uber increased its fares in Delhi-NCR (National Capital Region) by 12% on Monday amid a fuel price hike.
11 Apr 2022
DelhiPetrol, diesel prices remain unchanged for 5th consecutive day
The general public can breathe a sigh of relief as fuel prices in India remained unchanged for the fifth consecutive day on Monday.
06 Apr 2022
Petrol Diesel PricesPetrol, diesel prices hiked again; CNG gets costlier in Delhi
Fuel prices were raised again by 80 paise/liter on Wednesday, the 14th such increase in 16 days.
05 Apr 2022
MumbaiFuel prices hiked again, 13th increase in 15 days
State-owned fuel retailers on Tuesday raised the price of petrol and diesel by 80 paise, the 13th increase in the last 15 days.
02 Apr 2022
IndiaBuying discounted oil from Russia in national interest: FM Sitharaman
India has started procuring discounted crude oil from Russia despite concerns by the US, the Centre has confirmed.
29 Mar 2022
IndiaFuel prices hiked again; petrol tops Rs. 100/liter in Delhi
Petrol and diesel prices have once again been hiked by 80 paise and 70 paise per liter, respectively, on Tuesday.
26 Mar 2022
MumbaiPetrol, diesel prices hiked for fourth time in 5 days
Petrol and diesel prices were raised by 80 paise/liter on Saturday, the fourth increase in five days, as oil companies passed on the increase in raw material costs to consumers.
23 Mar 2022
IndiaPetrol, diesel prices hiked again for second consecutive day
Petrol and diesel prices were hiked again by 80 paise per liter for the second consecutive day on Wednesday.
20 Mar 2022
MumbaiDiesel price for bulk customers hiked by Rs 25/liter
The price of diesel sold to bulk users has been raised by about Rs 25 per liter to reflect a nearly 40% increase in international oil rates, news agency PTI has reported.
16 Mar 2022
IndiaIndia considering buying oil from Russia at discounted prices
India is mulling to accept a Russian offer to purchase its crude oil and other commodities at discounted prices, Reuters reported.
11 Mar 2022
UkraineUS fuel prices hit record highs, still cheaper than India
Fuel costs in the United States are at an all-time high, yet they are still far cheaper compared to India.
08 Mar 2022
IndiaPetrol, diesel prices may be hiked by Rs. 15/liter
Petrol and diesel prices are likely to be hiked this week as oil marketing companies are preparing to pare losses accumulated from keeping rates steady for over four months.
06 Mar 2022
Petrol Diesel PricesPetrol, diesel prices likely to rise soon, courtesy Russia-Ukraine crisis
India's petrol and diesel prices are likely to rise by Rs. 15-22 per liter soon in wake of the Russia-Ukraine conflict and rising demand, Business Standard reported.
01 Dec 2021
InflationCommercial LPG prices hiked by Rs. 100; check latest rates
The price of liquefied petroleum gas (LPG) cylinders for commercial usage was hiked again on Wednesday.
01 Dec 2021
DelhiPetrol prices in Delhi cut by Rs. 8 per liter
The Delhi government on Wednesday decided to slash Value-Added Tax (VAT) on petrol from 30% to 19.4%.
14 Nov 2021
MumbaiPetrol, diesel prices remain unchanged for 10th straight day
The rates of petrol and diesel remained unchanged for the tenth straight day on Sunday after touching record highs earlier this month.
05 Nov 2021
Government of IndiaPetrol, diesel prices dip as more states cut VAT
Petrol and diesel prices in several cities across the country saw a sharp decline on Friday after more states announced cuts to the Value-Added Tax (VAT).
04 Nov 2021
Ministry of Finance9 BJP-ruled states cut petrol, diesel rates further
Several states have announced additional relaxations for prices in petrol and diesel shortly after the Centre cut excise duty on fuel.
03 Nov 2021
Government of IndiaPetrol, diesel made cheaper before Diwali; excise duty slashed
The central government on Wednesday announced a reduction in the excise duty on petrol and diesel.
11 Oct 2021
Narendra ModiMoS Petroleum says fuel price hiked to provide free vaccines
Amid soaring fuel prices in the country, Minister of State for Petroleum and Natural Gas Rameswar Teli on Monday said that fuel prices are rising due to free COVID-19 vaccines.
10 Oct 2021
MumbaiFuel price hike: Petrol crosses Rs. 110/liter in Mumbai
Petrol and diesel prices across the country soared to a record high on Sunday after the rates were hiked for the sixth consecutive day.
06 Oct 2021
Oil India LimitedLPG price hiked by Rs. 15; check latest rates here
The prices of Liquefied Petroleum Gas (LPG) cylinders were hiked by Rs. 15 per cylinder on Wednesday.
30 Sep 2021
MumbaiFresh hike: Diesel at record high, petrol nears all-time high
Petrol and diesel prices on Thursday neared record levels across the country after rates were hiked by 25 paise and 30 paise a liter respectively.
28 Sep 2021
Indian Oil Corporation LimitedFuel prices see another hike as crude rises above $80/barrel
Petrol price on Tuesday was hiked by 20 paise per liter and diesel by 25 paise as international oil prices crossed the $80 per barrel mark for the first time in three years.
24 Sep 2021
MumbaiDiesel price hiked, no change in petrol rate
Diesel price on Friday was hiked by 20 paise per liter - the first increase in rates in over two months - as international oil prices neared their highest since 2018.
23 Sep 2021
West BengalPetroleum Minister explains why petrol prices are not coming down
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the GST, Petroleum Minister Hardeep Singh Puri said.
01 Sep 2021
Government of IndiaLPG cylinder price hiked by Rs. 25 again. Check rates
Prices of Liquefied Petroleum Gas (LPG) cylinders have been increased once again, with effect from today (September 1).
20 Aug 2021
Afghanistan'Want cheaper petrol? Go to Taliban-ruled Afghanistan,' says BJP leader
A Bharatiya Janata Party (BJP) leader has sparked controversy after telling a journalist to "go to Taliban" for being questioned over rising fuel prices.
19 Aug 2021
BusinessDiesel price cut by 20 paise, petrol unchanged
Diesel price on Thursday was cut by 20 paise per liter - the second straight day of reduction, but petrol rates remained unchanged.
18 Aug 2021
Government of IndiaLPG cylinder price hiked by Rs. 25. Check rates here
Prices of non-subsidized Liquefied Petroleum Gas (LPG) cylinders have been increased with effect from Tuesday, August 17.
17 Aug 2021
KarnatakaNo proposal to cut petrol prices in state: Karnataka CM
Karnataka Chief Minister Basavaraj Bommai on Tuesday said that there was no proposal before the government to cut petrol prices in the state on the lines of neighboring Tamil Nadu.
16 Aug 2021
Nirmala SitharamanNo excise cut on fuel; Sitharaman blames UPA-era oil bonds
Finance Minister Nirmala Sitharaman on Monday blamed the former Congress-led United Progressive Alliance government for the soaring fuel prices.
17 Jul 2021
JaipurCongress protests against rising inflation, fuel prices in Jaipur
The ruling Congress on Saturday took out a protest march against inflation in Jaipur where they demanded the central government to curb price rise and withdraw the hike in fuel rates.
15 Jul 2021
BusinessFuel prices hiked again, petrol costs Rs. 101.54/liter in Delhi
Petrol price on Thursday was hiked by 35 paise per liter and diesel by 15 paise, pushing rates to a new high across the country.
07 Jul 2021
BusinessFuel price hike: Petrol rate hits Rs. 100/liter in Delhi
The petrol price Wednesday crossed the Rs. 100-a-liter mark in Delhi after fuel prices were increased in line with firming international oil trends.
01 Jul 2021
IndiaLPG cylinder price hiked by Rs. 25. Check rates here
Non-subsidized Liquefied Petroleum Gas (LPG) cylinders have become costlier from today, July 1.
29 Jun 2021
IndiaFuel prices jump once again. Check rates in your city
Fuel prices across India were hiked once again on Tuesday, after remaining stable the previous day.