All posts tagged: Petrol 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

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 …

India prepared for oil market volatility amid West Asia tensions: Hardeep Puri

India prepared for oil market volatility amid West Asia tensions: Hardeep Puri

India remains well-prepared to manage any volatility in global crude oil markets amid escalating tensions in West Asia, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Wednesday.  In an interaction with IANS, Puri said the government has successfully managed fluctuations in global oil markets over the past several months and will continue to closely monitor the situation. In addition, the minister asserted that the country`s energy security remains robust due to diversified supply sources and growing efforts towards self-reliance. “Our constant effort has been, and will continue to be, to manage the situation in the same way we have managed it over the last 100 days. We will try to handle the next 30 or 60 days in the same manner. But if the international situation changes and prices rise sharply, then the issue will have to be revisited,” the minister said. On concerns over India`s oil supplies amid the ongoing tensions in West Asia, Puri said the country is better positioned today than in the past to deal with potential disruptions. …

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

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

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

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

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

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 state-wise March 20 petrol and diesel price| India News

Check state-wise March 20 petrol and diesel price| India News

Indian oil companies increased the price of premium petrol, also called power or speed petrol, by ₹2 on Friday with immediate effect amid disruptions in global energy supplies due to the Middle East conflict that US-Israeli strikes on Iran triggered. File: A petrol pump attendant refuels a vehicle at a Bharat Petroleum (BP) gas station in Delhi (AFP) Prices of BPCL’s Speed, HPCL’s Power, and IOCL’s XP95 have been increased by ₹2.09 to ₹2.35 per litre, ANI news agency reported. Track US-Iran war live updates here However, there is no change in the price of regular petrol at present, neither are diesel prices changed. State-wise petrol price today State-wise diesel price today The increase in power petrol price comes as the Strait of Hormuz, the key waterway which carries 20 per cent of world’s oil and liquefied natural gas requirements, remains virtually closed off because of Iran’s retaliatory strikes to the February 28 US-Israeli attack that has killed hundreds so far, including Iranian Supreme Leader Ayatollah Ali Khamenei. The drone and missile exchange that has …

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

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

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 …

Pakistan hikes prices of petrol to 275.62, diesel to 287.33 Pak rupees | World News

Pakistan on Thursday increased the prices of petrol by 2.73 rupees ($0.0098) to 275.62 rupees, with effect from February 16, the finance ministry said in a post on messaging platform X. The government also increased the price of high speed diesel by 8.37 rupees to 287.33 Pakistani rupees, the post said. (Representational Image)(Reuters) The government also increased the price of high speed diesel by 8.37 rupees to 287.33 rupees, the post said. (This is a developing story. Please check back for updates) Source link