Fuel Price Hike: News

28 Feb 2024


Farmers' protest: Punjab, Haryana battle fuel shortage amid supply crunch

The ongoing farmers' protest has triggered an unprecedented fuel crisis in Punjab and Haryana, with the supply of diesel and cylinder gas severely affected in both states.

21 Apr 2023

Petrol Diesel Prices

Fuel 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


OPEC+ 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


Bangladesh: 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


Maharashtra: 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


New 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 Prices

Petrol, 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


Domestic 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


India 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 Modi

Fuel 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 Modi

Fuel 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


Nestle 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


Fuel 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


Uber 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


Petrol, 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 Prices

Petrol, 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


Fuel 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


Buying 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


Fuel 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


Petrol, 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


Petrol, 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


Diesel 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


India 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


US 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


Petrol, 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 Prices

Petrol, 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


Commercial 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


Petrol 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


Petrol, 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 India

Petrol, 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 Finance

9 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 India

Petrol, 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 Modi

MoS 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


Fuel 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 Limited

LPG 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


Fresh 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.

Fuel 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


Diesel 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 Bengal

Petroleum 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 India

LPG 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


'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


Diesel 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 India

LPG 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


No 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 Sitharaman

No 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


Congress 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


Fuel 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


Fuel 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


LPG 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


Fuel 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.