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Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Business

Petrol costliest in Mumbai at Rs 76.91 per litre

With new levy, total surcharge on petrol in Maharahstra has gone up to Rs 11, report says.

18 May 2017 12:38 PM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

Business

Banks, oil companies to bear card payment charges at petrol pumps:...

MDR is a charge levied on merchants by banks for accepting payments through credit and debit cards.

12 Jan 2017 5:51 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

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Business

OMCs eye daily change in fuel prices

The move will make oil marketing companies margins more predictable.

8 April 2017 2:09 AM IST

Heads of prominent oil manufacturing firms in the country such as HPCL, IOC and BPCL have agreed to the scheme and issued circulars to dealers about it.

Business

OMCs plan to change petrol, diesel prices daily

Presently, leading Oil Marketing Companies change prices of diesel and petrol every fortnight.

7 April 2017 12:57 PM IST

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

Business

How to check daily change in petrol, diesel prices

Indian Oil had said, three the OMCs will establish an appropriate mechanism to convey the prices to consumers every...

14 Jun 2017 3:13 PM IST