Petrol
Fuel rates hiked again, petrol at Rs 105.84/ltr in Delhi
The price of petrol in Delhi rose to its highest-ever level of Rs 105.84 a litre and Rs 111.77 per litre in Mumbai, according to a price notification of the state-owned fuel retailers. In Mumbai, diesel now comes for Rs 102.52 a litre; while in Delhi, it costs Rs 94.57. Diesel prices have now increased 19 out of the last 23 days taking up its retail price by Rs 5.95 per litre in Delhi.
Petrol, diesel prices rise on hold for 2nd consecutive day
Accordingly, in the national capital, petrol continues to be sold at Rs 104.44 per litre and diesel at Rs 93.17 per litre, the same levels as Tuesday In India's financial capital, Mumbai, where petrol became costlier by 29 paise per litre on Monday, the retail rates remain static at Rs 110.41 on Wednesday, the highest across all the four metro cities. Diesel also costs Rs 101.03 for one litre in Mumbai.
Petrol, diesel price hike continues unabated
In the national capital, petrol price rose 30 paise per litre and diesel was hiked by 35 paise per litre. The prices of petrol and diesel have crossed the Rs 100 per litre mark in many states, pinching the common man's pocket. In Delhi, petrol is now retailing at Rs 104.44 per litre and diesel is available at Rs 93.17 per litre after the latest price revision.
Fuel prices hit fresh record high, increase for 6th straight day
In the national capital, petrol price rose by 30 paise per litre and diesel was hiked by 35 paise per litre. The prices of petrol and diesel have crossed the Rs 100 per litre mark in many states, pinching the common man's pocket
Petrol, diesel prices rise again even as global oil softens
Diesel prices increased by 35 paisa in the national capital to Rs 91.77 per litre on Thursday while petrol prices increased by 30 paisa to Rs 103.24 a litre, according to the Indian Oil Corporation, the country's largest fuel retailer. Diesel prices have now increased on 11 out of the last 14 days taking up its retail price by Rs 3.15 per litre in Delhi.
Petrol and diesel prices rise sharply as global oil climb continues
Diesel prices increased by a sharp 35 paisa per litre in the national capital to Rs 91.42 per litre on Wednesday while petrol prices rose by 30 paisa per litre to Rs 102.94 a litre, according to the Indian Oil Corporation, the country's largest fuel retailer. Petrol prices had maintained stability since September 5 but oil companies finally raised its pump prices last week and this week, given a spurt in the product prices lately.
Petrol, diesel prices rise again amid volatility in oil market
Accordingly, diesel prices increased by 30 paisa per litre in the national capital to Rs 91.07 per litre, while petrol rates rose by 25 paisa per litre to Rs 102.64 a litre, according to Indian Oil Corporation, the country's largest fuel retailer. Diesel prices have now increased on nine out of the last 12 days taking up its retail price by Rs 2.45 per litre in Delhi.
Petrol, diesel price rise on hold after 4 consecutive days of hike
Benchmark crude prices have settled at a tad lower level of $ 79 a barrel now after shooting over a three-year high level of $ 80 a barrel early last week. This has given some room to OMCs to halt fuel price rise. With no change in fuel prices, diesel continues to be priced at Rs 90.77 per litre while petrol maintains its priceline at Rs 102.39 a litre in Delhi.
Petroleum taxes to take govt's excise collections to historic high levels in FY22
As per latest government data, central excise duty collection has already touched Rs 1,37,236 crore till August in FY22. This is a growth of almost 37 per cent over Rs 1,00,398 crore excise revenue collected by the Centre in the first five months of FY21.
Rising fuel prices accelerate demand for CNG vehicles
"Demand for CNG vehicles remains strong, benefiting from surging fuel prices and increased CNG penetration in newer cities," said Motilal Oswal Financial Services (MOFSL). "Inventory in the system is 10-20 days." According to MOFSL, the retail demand evolution has been a mixed bag since the lifting of the second lockdown from mid-June 2021.
Advertisement