All posts tagged: diesel prices

No increase in petrol, diesel prices ‘if situation is viewed in real terms’, says Govt

No increase in petrol, diesel prices ‘if situation is viewed in real terms’, says Govt

Published by Parlour News

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Saturday said there had been no increase in petrol and diesel prices in real terms, asserting that the government had absorbed much of the impact of global crude oil volatility and hinting at a possible reduction in fuel prices if lower-priced crude reaches refiners. As the fuel supply has not yet fully normalized, a slight shortage of petrol is being felt at some places in Thane. Consequently, long queues of motorists were seen at several petrol pumps as they rushed to refuel their vehicles. ,in Thane ,in Mumbai, India, on, Thursday, June -18, 2026. “If we look at the situation in real terms, there has been no increase in petrol and diesel prices in the country,” Puri said while addressing a press conference during his visit to Sonbhadra as part of the Centre’s campaign marking 12 years of the Narendra Modi government. Also Read | Oil prices ease further as US, Iran sign peace deal Petroleum Minister Puri on fuel prices Puri said Prime Minister …

What is preventing PM Modi from buying cheaper oil and gas from Russia, Iran,’ asks Arvind Kejriwal

What is preventing PM Modi from buying cheaper oil and gas from Russia, Iran,’ asks Arvind Kejriwal

Published by Webster

Kejriwal said rising petrol and diesel prices were increasing the financial burden on citizens already struggling with inflation. He questioned why India is not importing cheaper oil and gas from Russia and Iran despite both countries being willing to supply fuel at lower rates Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Recent fuel price hike a form of belt tightening amid rise in crude prices, says experts

Recent fuel price hike a form of belt tightening amid rise in crude prices, says experts

Published by Webster

Senior executives from state-run oil companies ONGC and BPCL have said the recent increase in petrol and diesel prices reflect the impact of prolonged geopolitical tensions in West Asia, rising global crude oil prices and mounting pressure on oil marketing companies due to under-recoveries. Speaking on the impact of the West Asia conflict, ONGC Director (Exploration) Sushma Rawat said crude oil prices have remained highly volatile amid uncertainty over the conflict. “Whenever there is a declaration that there is a peace accord, the crude prices start to dip. And when you realise that there is no solution, the prices go up again,” Rawat said. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Check petrol, diesel rates for Delhi, Mumbai, Kolkata after fresh price hike

Check petrol, diesel rates for Delhi, Mumbai, Kolkata after fresh price hike

Published by Parlour News

State-run oil marketing companies on Tuesday increased petrol and diesel prices across major metro cities for the second time in less than a week. The latest revision comes after fuel prices were raised by ₹3 per litre last week. Petrol and diesel prices hiked by nearly 90 paise litre on Tuesday. (ANI/Representational) Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

India’s state oil companies struggle under mounting fuel subsidy burden amid West Asia tensions

India’s state oil companies struggle under mounting fuel subsidy burden amid West Asia tensions

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India’s state-owned oil companies (OMCs) are facing growing financial pressure after absorbing massive losses to shield consumers from the impact of soaring global energy prices triggered by the ongoing Middle East tensions, reported the PTI. For the last 10 weeks, Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have continued selling petrol, diesel and cooking gas LPG at rates significantly below actual costs, despite a steep rise in crude oil prices, the news agency reported. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Check city-wise fuel rates in Delhi, Mumbai, Bengaluru| India News

Check city-wise fuel rates in Delhi, Mumbai, Bengaluru| India News

Published by Parlour News

Key points: Hyderabad has the costliest petrol among major metro cities. Delhi continues to record the cheapest petrol and diesel among metros. Petrol remains above ₹100 per litre in most states. Petrol and diesel prices in India on Thursday remained largely steady across major cities, with rates continuing to hover above ₹100 per litre in several parts of the country. Fuel prices are revised daily by oil marketing companies based on international crude oil prices and currency fluctuations. Petrol prices varied across India, with Andaman and Nicobar Islands at ₹82.46 per litre and Andhra Pradesh at ₹108.97. (Photo by Sunil Ghosh / Hindustan Times) ALSO READ | States crack down on LPG hoarding, black-marketing as Iran-US war fuels shortage fears Among the six key metro cities, namely Bengaluru, Delhi, Chennai, Hyderabad, Kolkata, and Mumbai, petrol prices remained above the ₹100 mark in five cities, while diesel prices stayed below ₹100 across all of them. Petrol, diesel prices in major cities In Delhi, petrol was priced at ₹94.77 per litre, while diesel stood at ₹87.67. The …

Only 25 Days Of Crude Oil Stock Left, India Now Looking For Alternative Sources | India News

Only 25 Days Of Crude Oil Stock Left, India Now Looking For Alternative Sources | India News

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Last Updated:March 03, 2026, 18:07 IST The source further said that the central government has no immediate plans to raise petrol or diesel prices. The Middle East conflict, which began over the weekend with US and Israeli strikes on Iran, has disrupted regional energy flows. (Representational image) India currently has crude oil to last for 25 days and is actively exploring alternative sources for importing crude oil, LPG and LNG to ensure energy security, government sources said on Tuesday amid rising tensions in the Middle East. “India has 25 days of crude oil inventory, 25 days of Petrol and Diesel inventory. India has a total of 8 weeks of crude oil and petroleum products inventory. Only 40% of India’s crude moves through the Strait of Hormuz, and 60% of the rest of the crude comes from other sources,” the source said. The source further noted that India continues to import Russian crude under existing contracts and remains in a comfortable position regarding energy security, including LPG and LNG supplies. The government has also indicated that …

AI sparks political crossfire: BJP, Congress lock horns in Karnataka’s digital war over price hikes | Bengaluru

AI sparks political crossfire: BJP, Congress lock horns in Karnataka’s digital war over price hikes | Bengaluru

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The growing influence of Artificial Intelligence (AI) has now extended to political warfare, with Karnataka’s Bharatiya Janata Party (BJP) deploying AI-generated content to criticize the Congress-led state government over rising prices. Capitalizing on viral trends, the BJP has used popular AI-generated Ghibli-style images to launch an offensive against Chief Minister Siddaramaiah and his administration. An AI-generated image of Karnataka CM Siddaramaiah. (X/KarnatakaBJP) Also Read – Light rains in parts of Bengaluru, cloudy skies likely to persist till evening Take a look at posts As protests over price hikes gain momentum, the BJP’s social media accounts have actively targeted the Congress government. In a recent post on X, the party mocked Siddaramaiah by prompting an AI tool to generate an image depicting the Karnataka Chief Minister holding an empty coconut shell. The post, captioned “AI Prompt: Image of the Karnataka CM along with his contributions to Karnataka,” took a direct jab at the Congress leader, insinuating that he had no significant achievements to his name. The BJP further intensified its digital campaign with meme-driven attacks. One …

Check rates of different cities on September 3 – India TV

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Image Source : FILE Check the petrol and diesel rates in your city on September 3. Petrol-Diesel prices: Oil marketing companies (OMCs) announce the price of petrol and diesel every day at 6 am, maintaining consistency despite the inherent volatility of these commodities. The OMCs adjust the prices in accordance with global crude oil market trends and fluctuations in foreign exchange rates, ensuring that consumers are kept up-to-date with the latest fuel costs. This practice aims to provide transparency and reflect the real-time changes in the international oil market. The transparency and punctuality of this routine serve as a testament to the intricacies of the fuel market, where even the slightest ripple in global economic indicators can cast its influence on the pocketbooks of consumers. The daily adjustment of fuel prices is closely tied to international market trends and foreign exchange rates, unfolding each morning as OMCs respond to global crude price fluctuations. Companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum reassess and set the prices for petrol and diesel every day at 6 …