New Delhi, Oct 22: Petrol and diesel prices rallied to their highest ever levels across the country, as fuel rates were hiked again for the third consecutive day on Friday. Accordingly, the pump price of petrol in Delhi rose by 35 paise to its highest-ever level of Rs 106.89 a litre while diesel prices also […]
Category: Oil & Gas
Fuel prices hiked again; diesel above Rs 99/litre in Srinagar
New Delhi: Petrol and diesel prices on Thursday were hiked by 35 paise per litre each, the second consecutive day of increase that took pump rates across the country to record high levels. The price of petrol in Delhi rose to its highest-ever level of Rs 106.54 a litre and Rs 112.44 per litre in […]
High oil prices will undermine global recovery, warns India
New Delhi: India, the world’s third-largest energy consumer, on Wednesday warned that high oil prices will undermine global economic recovery, and nudged Saudi Arabia and other OPEC nations to work towards affordable and reliable supplies. Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May. […]
Jet fuel price cut by 1%
Jet fuel price on Friday was cut by 1 per cent, the second reduction in rates this month following softening international crude oil prices. Aviation turbine fuel (ATF) price was reduced by Rs 568.88 per kilolitre, or 0.9 per cent, to Rs 57,805.28 per kl in the national capital, according to a price notification of […]
Petrol, diesel prices static even as crude prices firm
Fuel prices in the country remained unchanged on Wednesday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for over a fortnight now. Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the capital. With […]
No change in petrol, diesel prices for full week
Fuel prices in the country remained unchanged on Tuesday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices unchanged for seven consecutive day. Accordingly, pump price of petrol and diesel remained at previous days level of Rs 90.56 and Rs 80.87 a litre respectively in the capital. Petrol and […]
5 injured in gas cylinder blast at Nawa Kadal
Five persons suffered minor injuries in a gas cylinder blast at Nawa Kadal area of Downtown here on Tuesday. Quoting official sources, news agency GNS reported that there was gas cylinder blast in the attic of a 3-storey house at Tarbal area of the Nawa Kadal, as a result of which five persons suffered minor […]
GAIL India to invest in startups through ‘Pankh’, calls for proposals
The PSU has even opened a fresh round for solicitation of investment proposals from the startups which operate in natural gas, petrochemicals, energy, project management, bio-manure marketing, nano materials, IoT, data mining, environment, health and social. Indian government agency Gail (India), on April 5, said that it was going to invest in startups operating in […]
LPG price cut by Rs 10 per cylinder
After raising cooking gas prices by Rs 125 per cylinder last month, state-owned oil firms on Wednesday announced a Rs 10 per cylinder cut in LPG rates on softening international oil prices. A 14.2-kg LPG cylinder — both for subsidised and market price users — will cost Rs 809 from April 1 as against Rs […]
Petrol price cut by 22 paise, diesel by 23 paise
Petrol and diesel prices on Tuesday were cut for the third time within a week on the back of softening international oil prices. Petrol price was cut by 22 paise per litre and diesel by 23 paise per litre, according to a price notification of state-owned fuel retailers. Petrol now costs Rs 90.56 per litre […]
Domestic fuel rates expected to fall as Covid surge dampens crude cost
The slide in global crude oil prices on Monday gave hope for a similar fall in domestic petroleum prices. The fall in oil prices comes after a blockage at strategic Suez Canal spooked global Impex industry, while a massive wave of Covid-19 infections continued to impact large parts of Europe. Resultantly, global fears have resurfaced […]
Petrol to be cheaper by 21 paise, diesel by 20 paise
Petrol and diesel prices were on Thursday cut for the second straight day as international oil prices cooled fell on prospects of speedy recovery in consumption getting clouded by second wave of COVID-19 cases. Petrol price was cut by 21 paise per litre and diesel by 20 paise, according to a price notification of state-owned […]