Petrol Diesel Prices: News

21 May 2024


India's oil and gas import bill swells to $12.3 billion

India's oil and gas import bill soared to $12.3 billion in April, a significant increase from the previous year's $10.1 billion, according to data from the country's oil ministry.

19 May 2024


Petrol sales unchanged, diesel demand dips amid Indian election campaigns

Despite the peak of the election campaign in India, May 2024 saw a sluggish demand for petrol and diesel.

25 Apr 2024


Sensex climbs to 74,340 points, Nifty settles above 22,570

On Thursday, the benchmark Sensex and Nifty indices showed an upward trend. The Sensex rose 0.65% to 74,339.44 points while the Nifty gained 0.74% to end at 22,570.35 points.

24 Apr 2024


Sensex closes above 73,850 points, Nifty reclaims 22,400 mark

On Wednesday, major indices of the Indian stock market ended flat but in the green with the Sensex settling at 73,852.94 points and the Nifty closing at 22,402.4 points.

19 Apr 2024


Crude oil prices jump 4% as Israel strikes on Iran

Crude oil prices experienced a significant surge of over 4% on Friday, largely attributed to escalating tensions in the Middle East, particularly between Iran and Israel.

06 Feb 2024


Sensex gains over 450 points, Nifty settles above 21,925 mark

On Tuesday, the stock market had a bearish opening but the benchmark indices witnessed a surge.

17 Nov 2023


Crude oil prices drop nearly 5% to 4-month low

Crude oil prices plummeted nearly 5%, hitting a four-month low on November 16. This price drop comes amid an increase in US crude oil inventories, a rebound in US treasury yields, and global oil demand concerns.

31 Oct 2023


Argentina faces fuel shortage despite being oil-rich: Everything to know

Argentina, a leading producer of shale oil and gas, is reportedly facing an acute shortage of petrol and diesel.

06 Sep 2023

Saudi Arabia

Oil prices surge as Saudi Arabia, Russia extend supply cuts

Oil prices edged higher on Wednesday as the market grew concerned about a supply shortage following the extension of voluntary supply cuts by Saudi Arabia and Russia until the end of the year.

Petrol, diesel likely to get cheaper: Reports

Oil marketing companies (OMC) could reduce the price of petrol and diesel soon, ANI reported, quoting government sources.

30 May 2023

P Chidambaram

Chidambaram slams Centre for 'profiteering' through higher fuel taxes

Senior Congress leader P Chidambaram has accused the Bharatiya Janata Party (BJP)-led central government of "profiteering" through higher taxes on fuel at the cost of the people.

18 May 2023


Sensex slips nearly 130 points, Nifty settles below 18,150 mark

On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex plunged 0.21% to 61,431.74 points, while the Nifty fell 0.29% to 18,129.95 points.

09 May 2023


Sensex closes flat around 61,760, Nifty remains above 18,260 mark

On Tuesday, major indices of the stock market ended flat with the Sensex settling at 61,761.33 points and the Nifty closing at 18,265.95 points.

04 May 2023

Nirmala Sitharaman

Petrol, diesel become slightly cheaper in Maharashtra and West Bengal

Petrol and diesel prices remained unchanged on Thursday across Kolkata, Mumbai, Bengaluru, and New Delhi.

21 Apr 2023

Nirmala Sitharaman

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.

20 Apr 2023


Sensex ends above 59,600 mark, Nifty closes flat at 17,624

On Thursday, major indices of the stock market ended flat with the Sensex settling at 59,632.35 points. The Nifty closed 0.03% in the green at 17,624.45 points.

13 Apr 2023


Sensex closes at 60,431 points, Nifty settles over 17,800 mark

On Thursday, major indices of the stock market ended in the green but flat with the Sensex settling at 60,431 points and the Nifty closing at 17,828 points.

12 Apr 2023


Sensex reaches near 60,400 mark, Nifty crosses 17,800 points

On Wednesday, the benchmark Sensex and Nifty indices saw gains. While Sensex rose 0.39% to 60,392.77 points, Nifty jumped 0.51% to 17,812.4 points.

06 Apr 2023


Sensex gains 143 points, Nifty settles near 17,600

On Thursday, the benchmark Sensex and Nifty indices saw gains. While the Sensex rose 0.24% to 59,832.97 points, the Nifty jumped 0.24% to 17,599.15 points.

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.

31 Mar 2023

Stock Market

Sensex gains over 1,000 points, Nifty settles above 17,300 points

The stock market on Friday closed in the hands of the bull. The benchmark Sensex and Nifty indices witnessed an upward trend.

29 Mar 2023


Sensex climbs 346 points, Nifty settles near 17,100 mark

On Wednesday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.6% to 57,960.09 points while the Nifty climbed 0.76% to 17,080.7 points.

10 Mar 2023


February fuel demand in India highest since 1998

India's fuel demand hit its highest level in February since 1998, with industrial activity boosted by cheap Russian oil, the data compiled by the Indian Oil Ministry's Petroleum Planning and Analysis Cell (PPAC) showed, according to Reuters.

23 Feb 2023


Sensex slips to 59,605 points, Nifty settles near 17,500 mark

On Thursday, the benchmark Sensex and Nifty indices witnessed a fall. The Sensex fell 0.23% to 59,605.8 points, while the Nifty slid 0.25% to 17,511.25 points.

16 Feb 2023

Pakistan News

Pakistan fuel price hits record high; Petrol at Rs. 280/liter

Pakistan announced a record increase in fuel prices on Wednesday, triggering a shock for its already overburdened citizens.

30 Jan 2023

Pakistan News

Pakistan hikes petrol, diesel prices by PKR 35/liter amid crisis

Pakistan announced a whopping PKR 35/liter price hike on petrol and diesel on Sunday, Reuters reported.

01 Jan 2023

LPG Cylinder

Commercial LPG cylinders costlier by Rs. 25; Congress slams Centre 

Prices of commercial Liquefied Petroleum Gas (LPG) cylinders have been increased with effect from the first day of New Year 2023.

09 Aug 2022


Rajasthan: Petrol pump offers discount on fuel against single-use plastic

Bring empty plastic milk pouches and water bottles to receive a discount of Re. 1/liter on petrol and 50 paise/liter on diesel!

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.

23 May 2022

Nirmala Sitharaman

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.

21 May 2022

Nirmala Sitharaman

Petrol price cut by Rs. 9.5/liter, diesel by Rs. 7/liter

Petrol and diesel prices are set to come down in India as the Centre slashed the central excise duty on fuel on Saturday.

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.

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.

14 Apr 2022


CNG, piped gas rates hiked in Delhi, other cities

Piped natural gas (PNG) prices have been hiked in Delhi and adjoining cities for the second time this month, while compressed natural gas (CNG) has also become more expensive.

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

Hardeep Singh Puri

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.

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.

25 Mar 2022


Fuel prices increased again; Rs. 2.40/liter hike in four days

After a one-day pause, prices of petrol and diesel were once again increased by 80 paise on Friday.

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.

22 Mar 2022

LPG Cylinder

Petrol, diesel hiked 80p/liter; LPG cylinders now Rs. 50 costlier

Petrol and diesel prices were raised by 80 paise/liter on Tuesday, bringing a four-and-a-half month pause in rate revisions to an end, while domestic cooking gas prices were raised by Rs. 50 per cylinder.

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.

10 Mar 2022


Will US' ban on Russian oil imports affect India?

US President Joe Biden has announced a ban on imports of oil from Russia over its invasion of Ukraine.

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

Fuel Price Hike

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.

23 Feb 2022


How Russia-Ukraine crisis may impact Indian economy?

The simmering tensions between Russia and Ukraine have put the global economy on tenterhooks, with crude oil prices hitting an all-time high on Tuesday since September 2014.

02 Jul 2019


This 71-year-old's invention reduces petrol consumption by 30% in two-wheelers

Arvind Khandke of Maharashtra's Kolhapur is the inventor of an innovative mechanical valve for two-wheeler engines that reduces fuel consumption by 30%.

20 Jan 2019


Fuel prices witness sharp rise; petrol gets costlier by 23p

Fuel prices on Sunday witnessed a sharp hike for the fourth straight day as state-run oil companies increased the rate of petrol by 23 paise a liter while diesel became costlier by 29-31 paise per liter across the four major metro cities in India.

14 Jan 2019


Petrol price breaches Rs. 70-mark, diesel crosses Rs. 64

Petrol price breached the Rs. 70 a liter-mark and diesel crossed Rs. 64-mark today, after rates were hiked for the fifth consecutive day on rising input cost.

18 Nov 2018


Petrol price reduced by 20p, diesel cheaper by 18p

Petrol price was cut by 20 paise a liter and diesel by 18 paise on Sunday, the 29th straight daily reduction in fuel rates.

WPI inflation at four-month high, rises to 5.28% in October

Inflation based on wholesale prices rose to a four-month high of 5.28% in October, mainly due to spike in petrol and diesel prices.

29 Oct 2018


Petrol price cut by 30p/liter today; diesel cheaper by 20p/liter

The downward slide in petrol and diesel prices continued today after rates were cut by 20-30p/liter on softening international oil prices.

Petrol gets cheaper by 40p/liter and diesel by 33p/liter

Petrol price was cut by 40 paise a liter and diesel by 33 paise a liter on Sunday, the 11th straight reduction in rates on softening international oil prices.

25 Oct 2018

Narendra Modi

PM Modi emphasizes the responsibility of citizens towards society

PM Narendra Modi yesterday said more people are paying taxes because they have faith their money is being used properly, but pitched for a system where citizens do a little more than honestly paying taxes.

21 Oct 2018


Fuel prices cut; petrol cheaper by 25p, diesel by 17p

Petrol and diesel prices were cut for the fourth straight day Sunday on softening international oil prices, providing some relief to consumers battered by two months of relentless rate hikes.

05 Oct 2018


After petrol, Maharashtra to cut diesel prices by Rs. 1.50/liter

After reducing the petrol prices, the Maharashtra Government will cut the diesel prices by Rs. 1.50/liter, CM Devendra Fadnavis said today.

In a surprise move, RBI keeps policy rates unchanged

The Reserve Bank opted for a surprising status quo at the bi-monthly review today on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral".

05 Oct 2018


Bihar: Nitish Kumar hints at reducing taxes on petrol, diesel

Bihar CM Nitish Kumar today said that state was looking forward to reducing taxes on petroleum products, following the Center's decision to slash excise duty on the same a day earlier.

04 Oct 2018


Gujarat government cuts petrol, diesel prices by Rs. 2.50/liter

The Gujarat government today announced a reduction of petrol and diesel prices by Rs. 2.50 per liter.

04 Oct 2018


Maharashtra announces additional cut of Rs. 2.5/liter on fuel prices

The Maharashtra government today announced a reduction in prices of petrol and diesel by Rs. 2.50 per liter, which will give consumers in the state a relief to the tune of Rs. 5 a liter.

04 Oct 2018

Arun Jaitley

Respite for common-man: Petrol, diesel price cut by Rs. 2.5/liter

Giving a major relief to common man, Finance Minister Arun Jaitley cut the price of petrol and diesel by Rs. 2.50 per liter.

25 Sep 2018


Fuel prices soar; here's how much petrol, diesel cost today

The already high fuel prices have shot up again, with petrol touching Rs. 82.86/liter in Delhi and Rs. 90.22 in Mumbai, on Tuesday.

24 Sep 2018


Petrol touches Rs. 91 in Maharashtra, increases in other cities

On Monday, petrol price in Mumbai crossed the crucial Rs. 90 mark, while several other cities in Maharashtra saw prices touch Rs. 91.

17 Sep 2018


Karnataka: Petrol, diesel prices slashed by Rs. 2

Following on the footsteps on Andhra Pradesh, West Bengal, and Rajasthan, the Karnataka government has now slashed fuel prices in the state by Rs. 2, even as petrol prices spiral in other parts of the country.

17 Sep 2018


#ReliefForKarnataka: Kumaraswamy cuts petrol, diesel prices by Rs. 2/liter

Karnataka Chief Minister HD Kumaraswamy today announced the JD(S)-Congress government's decision to cut petrol and diesel prices by Rs. 2/liter.

16 Sep 2018


'Free-fuel receiver' Ramdas Athawale bats for upper caste reservation

Union Minister of State for Social Justice and Empowerment, Ramdas Athawale called for reservation for upper caste, on Saturday at an event in Jaipur.

15 Sep 2018

West Bengal

Price of ethanol blended petrol should be reduced: WB Minister

West Bengal Consumer Affairs Minister Sadhan Pande today said the price of petrol blended with ethanol should be reduced and consumers must be informed that they are buying blended fuel.

14 Sep 2018


Fuel prices hiked; petrol costlier by 28p, diesel up 22p

Petrol and diesel prices today scaled new highs as rates were increased on account of rupee depreciation and rise in international oil rates.

13 Sep 2018


Mayawati ruffles Congress's feathers by blaming UPA for fuel price

Bahujan Samaj Party (BSP) President, Mayawati's remarks holding the previous United Progressive Alliance (UPA) government and the Bhartiya Janata Party (BJP) equally responsible for the steep hike in fuel prices has ruffled many a feather in the Congress.

11 Sep 2018

Nitin Gadkari

Fuel will cost lower if we follow Gadkari's advice. Really?

On Monday, Nitin Gadkari, Union Minister for Road, Transport and Highways, urged the farmers in Chhattisgarh, to make Ethanol and replace the petrol and diesel with it.

10 Sep 2018


BJP posts graph on "truth of petrol hike", gets trolled

Who doesn't know about BJP's version of 'truth' that's often based on assumptions, and not facts?

10 Sep 2018

Andhra Pradesh

Chandrababu Naidu slashes VAT on petrol and diesel in AP

Amid Bharat Bandh being observed across the nation to protest against escalating fuel prices, Andhra Pradesh CM Chandrababu Naidu has announced a reduction in VAT on petrol and diesel by Rs. 2 per liter.

10 Sep 2018

Narendra Modi

Problem of fuel-price hike momentary, caused by global factors: BJP

BJP today said the problem being faced by the people because of rising fuel prices were momentary and caused by global factors.

10 Sep 2018


'Bharat Bandh' hits normal life in Karnataka

Normal life was thrown out of gear in Karnataka during the 'Bharat Bandh' called by the Congress and supported by JD(S), its ally in the coalition government, and other parties, to protest the rise in prices of petroleum products.

10 Sep 2018

Rahul Gandhi

#BharatBandh: Manmohan lashes out at Modi-govt over rising petro prices

Former PM Manmohan Singh today lashed out at the Narendra Modi-led government, saying it has done a lot which isn't in the interest of the nation and has now crossed all limits.