Gasoline And Diesel Usage And Pricing

Container shipping liners likely to raise freight rates: Vasan

Container shipping liners are planning to increase the freight rates which was stagnant for a long time in spite of increase in fuel costs and reduced earning said Shipping Minister GK Vasan.

Goa budget proposes Rs 11 a litre cut in petrol price

Petrol for as cheap as Rs 55 per litre was one of the main promises of the Bharatiya Janata party (BJP) in its election manifesto for the 3 March assembly polls.

IOC hints at upto Rs 1.50 a litre cut in petrol price

Oil companies revise petrol prices on 1st and 16th of every month on the basis of average international oil price and the foreign exchange rate in the previous fortnight.

IOC seeks 60,000 tonnes of diesel as demand rises

Diesel demand in India has been growing steadily as the number of diesel-powered cars increases due to a widening gap between the price of petrol and heavily subsidised diesel.

Freeing diesel prices will cool down inflation: Basu

Chief Economic Advisor Kaushik Basu today pitched for freeing of diesel prices and said it would eventually cool down inflation, which should ideally be below 5 percent.

State run oil cos to cut petrol prices from Thursday

The cut, the second straight this month could help to ease near double-digit inflation.