This is the fifth straight day of price hike and the 14th increase in rates since 20 November when oil companies resumed daily price revision after nearly two-month hiatus
Diesel prices hit new high, petrol rates rise by 5 paise after a day's pause; both above Rs 80 in Delhi
In Delhi, a litre of petrol now comes for Rs 80.43 per litre as compared to Rs 80.38 earlier. Diesel rates have been increased to Rs 80.53 per litre from Rs Rs 80.40. Rates vary from state to state depending on the incidence of local sales tax or VAT.
Petrol price crosses Rs 80-mark in Delhi for first time since 2018, diesel at new high as oil companies hike rates
While diesel price has been hiked for the 20th straight day, petrol price has been raised on 19 occasions in less than three weeks
Coronavirus Outbreak: Rahul Gandhi slams Centre's 'unfair' decision to hike petrol, diesel prices; calls for move to be withdrawn
Terming the rise in petrol and diesel prices as 'unfair', Congress leader Rahul Gandhi on Wednesday said when the fight against COVID-19 is causing economic hardship to all, the government instead of reducing prices has raised them.
Chidambaram dubs imposition of taxes on fuel as 'cruel' in times of distress; says govt must borrow to meet deficits
Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes on petroleum products
Shares of oil marketing companies -- Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd -- on Wednesday plunged up to 13 percent, a day after a hike in excise duty on petrol and diesel
Govt to gain Rs 1.6 lakh cr additional revenues this fiscal from record excise duty hike on petrol, diesel
The cash-strapped government will gain close to Rs 1.6 lakh crore in additional revenues this fiscal from a record increase in excise duty on petrol and diesel, that will help make up for revenue it lost in a slowing economy and shutting down of businesses due to coronavirus lockdown
Excise duty on petrol hiked by record Rs 10, diesel by Rs 13 per litre; move aimed at raising revenues due to tight fiscal conditions
Special additional excise duty on petrol has been hiked by Rs 2 per litre and road cess has been hiked by Rs 8 a litre.
US oil plunged below $0 a barrel on Monday: Here's all you need to know about negative crude futures and what it means for consumers
The price of a barrel of benchmark US oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut
Congress slams Centre over hike in excise duty on petrol, diesel, says govt should reduce rates by 35-40%
The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue.
Petrol prices on Monday were hiked by 15 paisa a litre and diesel rates were increased by 17 paisa as global oil prices hit $70 mark in the wake of escalating US-Iran tensions fanning fresh fears of conflict in the crude-rich Middle East
Petrol, diesel prices remain unchanged after rising for two days; fuel rates likely to fall as crude declines
There was no change in petrol and diesel prices on Wednesday from Tuesday's rates in all major cities across the country.
Petrol, diesel prices continue to rise for second straight day, up 19 paise; crude oil recovers after output from major producers dip
In Delhi, petrol was retailing at Rs 74.61 per litre on Tuesday, Mumbai Rs 80.21, Chennai Rs 77.50 and Kolkata Rs 77.23 per litre, according to data available on Indian Oil Corporation (IOC) website.
Petrol, diesel prices up 10 paise after two-day lull; crude prices climb as positive China factory data eases demand concerns
Petrol prices had touched Rs 80-mark in Mumbai on 27 September for the first time this year.
Petrol, diesel prices go up; crude oil rates steady amid concerns of rising supplies, signs of slowing demand
After rallying for eight days in a row, petrol and diesel prices remained unchanged on Wednesday even as crude oil declined for the consecutive second day in the international market the same day.
Petrol, diesel prices stable after rising for eighth straight day; crude falls after Donald Trump douses trade talk hopes
The prices of petrol and diesel hit this year's peak in the country on Tuesday with petrol reached close to Rs 80 per litre in Mumbai.
Petrol, diesel prices rise 8th day in a row; crude eases as focus shifts from Saudi supply constraints to global demand concerns
Petrol prices rose by 2.10 in Delhi, Rs 2.08 in Mumbai, Rs 2.06 in Kolkata and Rs 2.21 in Chennai since 16 September after the drone strikes on Saudi Arabia's oil facilities on 14 September.
Petrol, diesel prices rise up to 31 paise per litre on Middle East tensions, records highest jump in 2019 so far
Petrol and diesel prices jumped up to Rs 1.90 a litre and diesel Rs 1.52 in after the multiple drone strikes on Saudi Arabian oil facilities on 14 September.
Congress leader Veerappa Moily slams Modi govt for cold-shouldering UPA initiative on strategic oil reserves
Former oil minister M Veerappa Moily on Thursday slammed Modi government for cold-shouldering Congress-led UPA regime's steps such as building strategic oil storages for the energy security of the country, saying the present government is trigger happy in giving statements
Saudi oil crisis: Fuel prices may go up to Rs 6 in coming weeks; airfares likely to soar by 15% dampening festive cheer
Air India's monthly fuel bill might rise by at least Rs 50 crore if the crude oil prices continue to surge in the wake of drone attacks on oil facilities in Saudi Arabia, a senior airline official said on Monday.