Fuel Price

Monday, Nov 29, 2021 | Last Update : 06:03 PM IST

Basic price, which includes the cost of oil plus freight, varies between Rs 52.01 a litre in Chennai to Rs 59.89 in Ladakh. (PTI file photo)

Total tax on petrol down to 50 pc, diesel to 40 pc after duty cuts

The retail price of petrol and diesel is decided after adding central excise, commission paid to dealers and VAT to basic oil prices

07 Nov 2021 1:18 PM

The rising fuel prices in the country are not going to come down immediately. (PTI Photo)

Petrol, diesel prices hiked for fourth consecutive day

Rates have been increased across the country and differ from state to state depending on the incidence of value-added tax

23 Oct 2021 11:06 AM

Petrol price was hiked by 30 paise per litre and diesel by 35 paise a litre. (PTI Photo)

Fuel price hike: Mumbai becomes first metro city to see diesel price cross Rs 100

The price of petrol in Delhi rose to its highest-ever level of Rs 103.84 a litre and Rs 109.83 per litre in Mumbai

09 Oct 2021 2:17 PM

While petrol is selling at above Rs100 a litre and diesel is inching to those heights in multiple regions. (PTI Photo)

AA Edit | Fuel price paradox

The cascading effect of the fuel price rise is reflected in price escalation in goods as milk to cement prices spiral and services

02 Jul 2021 12:36 AM

The diesel price reduced by Rs 8.36 in Delhi due to the VAT cut. (PTI Photo)

Diesel gets cheaper by Rs 8 in Delhi due to VAT cut

Kejriwal Thursday announced a reduction in the Value Added Tax on diesel from the existing 30 per cent to 16.75 per cent

30 Jul 2020 12:41 PM

Fuel prices rise for second consecutive day. (PTI Photo)

Petrol, diesel prices hiked by 60 paise/litre for second day in row

Oil companies on Sunday raised prices by 60 paisa per litre on both petrol and diesel after ending a 83-day hiatus in daily rate revision

08 Jun 2020 10:41 AM

Petrol in Mumbai costs Rs 77.47 per litre and diesel is priced at Rs 69.88.

Elections over, fuel prices begin to rise

The price of petrol has risen by 83 paise per litre in the nine days and diesel by 73 paise

28 May 2019 4:46 PM

The increase in international oil prices is a credit negative for the Indian economy.

Indian consumers face post-election fuel price shock, economy could be hit

India’s oil import bill rose by nearly one-third in the fiscal year ending Mar 31 to USD 140.5 bn, against USD 108 bn.

27 Apr 2019 11:26 AM

The study estimates that 50 per cent substitution of two wheeler and four-wheeler trips by bicycle under the average distance of 8 km will lead to a personal fuel savings of Rs 27 billion. (Photo: ANI)

India can save Rs 1.8 trillion annually from reduced fuel costs: study

50 pc substitution of two-wheeler and four-wheeler trips under the average distance of 8 km can result in savings worth Rs 241 bn.

05 Mar 2019 4:02 PM

A litre of petrol now costs Rs 72.24 a litre in Delhi. (Photo: DC)

Petrol price up by Rs 3.5, diesel by Rs 5 this year

Petrol price up by 7 paise whereas diesel was raised by 10 paise per litre.

05 Mar 2019 2:41 PM

Petrol price in New Delhi saw an increase of 08 paise and is now retailing at Rs 70.55 per litre.

Fuel prices witness marginal rise in Delhi, Mumbai

petrol prices in Mumbai saw an increase of 07 paise to be sold at Rs 76.18 per litre.

18 Jan 2019 1:21 PM

Petrol in Delhi now costs Rs 69.07 per litre - the highest this month - up from Rs 68.88 per litre rate of Thursday.

Petrol price hiked by 19 paise, diesel by 28 paise

In Mumbai, petrol now costs Rs 74.72 a litre and diesel is priced at Rs 65.73.

11 Jan 2019 3:04 PM

Petrol price in Delhi was cut by 50 paisa to Rs 73.57 per litre, according to a price notification issued by state-owned fuel retailers.

Petrol price dips below Rs 74 mark, diesel wipes off all hike

Petrol price in Mumbai today stood at Rs 79.12 per litre and diesel was priced at Rs 71.71.

28 Nov 2018 2:19 PM

Finance Minister Arun Jaitley had, on October 4, announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.

Fuel prices slashed again, petrol costs Rs 87.46 per litre in Mumbai

The petrol price in Delhi was revised to Rs 81.99 per litre after a decrease of 39 paise.

20 Oct 2018 12:18 PM

Per litre cost of petrol and diesel is Rs 82.38 (fall of Rs 0.24) and Rs 75.48 (decrease of Rs 0.10), respectively in the national capital.

Fuel prices slashed further on Dussehra

In Mumbai, the petrol price was slashed by 24 paise to Rs 87.84 per litre.

19 Oct 2018 11:41 AM

The fuel price has been soaring since the past few months in the country, causing many problems for the common people.

Diesel price continues to rise, petrol stagnant

Diesel in Delhi is being retailed at Rs 75.46 per litre and Rs 77.31 per litre in Kolkata.

15 Oct 2018 10:59 AM

Petrol has risen by 86 paise per litre since then and diesel by Rs 1.67, negating the entire excise duty reduction in less than a week.

Govt may not burden OMCs further with fuel subsidy

The market capitalisation of six large oil companies has falled by Rs 1.2 lakh crore.

12 Oct 2018 8:57 AM

Petrol is retailed at Rs 87.82 and diesel is sold at Rs 78.22 in Mumbai.

Fuel prices continue to rise, petrol costs Rs 87.82/ litre in Mumbai

Petrol and diesel rates being hiked by 10 paise and 27 paise respectively in Delhi.

11 Oct 2018 11:05 AM

For 2018-19, Rs 52,494 crore has been budgeted as dividend from all PSUs, which is lower than the Rs 54,810 crore revised estimates of 2017-18.

OMCs will continue to bleed as govt rules out dividend relief

Reduction in dividend from oil marketing companies, cut in subsidies, lesser disinvestment revenue.

10 Oct 2018 10:58 AM

Hindustan Petroleum also fell to its 52-week low of Rs 165.45, down 25 per cent over its last closing price.

Stocks of oil marketing companies plunge to 52 week lows on fuel price cut

Govt's decision to curtail marketing margins on auto fuels by Rs1/litre brings to fore the earnings uncertainty for oil PSUs.

05 Oct 2018 12:02 PM

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Saeed Naqvi

Fuel price