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4 Reasons The Government Cannot And Should Not Reduce Fuel Prices

There are three reasons why fuel in India moves higher or lower. The first is the impact of global crude prices. The second is the rupee movement against the dollar and the last is government levies, including excise and state levies ...

Reasons The Government Cannot Should Not Reduce Fuel Price

Petrol, Diesel Price Rise Marginally After Excise Duty Cut

A day after customers got a breather from rising fuel prices as the government provided relief on auto fuel with excise duty cut, petrol in Delhi is priced higher by 18 pais...

Indian Oil Marketing Companies Margins Shrinks After Fuel Price Cut

The government of India stepped in yesterday to tackle the issue of rallying fuel prices in India and announced cut in excise duty of petrol and diesel by Rs 1.50 per litre ...

Petrol, Diesel Gets Cheaper By Rs. 5/Litre In These States

At a time when there is uncertanity in the international crude oil market and brent crude has hit a price of $86 per barrel, government of India in a bid to provide relief t...

Petrol Diesel Gets Cheaper Rs 5 Litre These States

Government Announces Relief Fuel Prices Reducing Excise Duty

Government Announces Relief On Fuel Prices By Reducing Excise Duty

The government of India has finally pitched in to cut down the prices of fuel in India by cutting the excise on petrol and diesel. The Finance Minister, Arun Jaitley briefed...

Fuel Price Hike: Petrol Prices Surge To All-Time High Of Rs. 84 In New Delhi

Fuel prices after remaining steady for a day again rose to a record high on Thursday, with petrol and diesel retailing at Rs. 84 and Rs. 75.45 per litre in New Delhi, respec...

Fuel Price Hike Petrol Prices Surge All Time High Rs 84 New Delhi

Petrol, Diesel Prices Hiked Again; Petrol Crosses Rs 91-Mark in Mumbai

Fuel prices across the country have been increased to new all-time highs. Petrol in Mumbai today crossed the Rs 91 per litre mark, after a 24 paise rise to Rs 91.08 per litr...

Petrol Prices Increased By Rs 5/Litre Since Mid-August

Fuel prices in the country haven't seen a day of fall since 15 August 2018, causing a Rs 5 per litre hike in petrol rates during the period. Petrol prices per litre were inc...

Petrol Prices Increased Rs 5 Litre Since Mid August

Refiners Plan Reduce Oil Imports As Crude Prices Touch Near

Refiners Plan to Reduce Oil Imports as Crude Prices Touch Near 4-Year High

In order to curb the foreign exchange outflows, the state-run refineries are planning to reduce crude oil imports. Sanjiv Singh, the chairman of Indian Oil Corporation (IOC)...

Petrol At New Record High Prices In Metros; Crosses Rs. 90/l In Mumbai

The crude oil price has been surging unabatedly and in its correspondence petrol and diesel, the two prime fuels have also seen breaching new records every day. And setting ...

Petrol At New Record High Prices Metros Crosses Rs 90 L Mumbai

Non-Metro Petrol Pumps May Close if Petrol Price Crosses Rs 100/Litre

Petrol and diesel prices have not seen a day's decline since 15 August. Fuel prices in all the cities are at record rates. Petrol price per litre was increased to Rs 82.16 i...

Karnataka Govt Cut Petrol Diesel Prices Rs 2 Litre

Karnataka Govt to Cut Petrol, Diesel Prices by Rs 2/Litre

As fuel prices continue to rise across cities in India, Karnataka state government steps up to reduce the burden on its consumers. Chief Minister HD Kumaraswamy on Monday an...

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