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Petroleum Minister Dharmenda Pradhan on Wednesday defended the daily price revision mechanism calling it rational and transparent.

Pradhan backs daily price revision, favours bringing petrol, diesel...

Pradhan said global oil refining capacity has dropped by 13 per cent due to Irma and Harvey.

13 Sept 2017 5:08 PM IST

$\The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and decrease in selling prices of diesel.$ Business

Daily change in petrol, diesel prices will benefit consumers

Under dynamic pricing model, OMCs will be able to reduce price risk arising out of fluctuations in crude.

8 April 2017 1:20 PM IST