diesel prices

Beijing, April 7 China announced on Tuesday a further increase in gasoline and diesel prices, the second in about two weeks, due to rising international oil prices driven by the ongoing conflict in West Asia.China's top economic planner, the National Development and Reform Commission (NDRC)...

New Delhi, April 5 In a move unprecedented since the deregulation of fuel prices, Indian state-owned oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF), and kerosene, aiming to limit mounting losses resulting from a self-imposed freeze...

Washington, April 5 The war against Iran has begun to impact Americans, with Amazon announcing a fuel surcharge for its e-commerce deliveries and some airlines raising fees for checked baggage to offset higher fuel costs.The average price of gasoline in the US has increased to USD 4.09 per...

New Delhi, April 3 – The Indian auto companies are facing significant cost pressures, but the market is systematically underestimating them, according to a report released on Friday. This is happening even as investor sentiment towards India has become distinctly more cautious.A BNP Paribas...

South Korea Inflation Rises to 2.2% in March Amid Surge in Global Oil Prices Seoul, April 2: South Korea’s consumer price inflation accelerated to 2.2 percent year-on-year in March, exceeding the government’s 2 percent target, as rising global oil prices driven by prolonged Middle East tensions...

New Delhi, April 1 – PSU oil marketing major Indian Oil Corporation (IOC) has increased the prices of its premium fuels in the national capital.The price of XP100 petrol has been increased to Rs 160 per litre, up from Rs 149 previously. This high-octane fuel is primarily used in luxury...

New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but domestic airlines will not have to pay this steep increase as a mechanism is being put in place to protect them.Meanwhile, the price of...

ATF Prices Cross ₹2 Lakh Mark for First Time; Commercial LPG Rates Hiked by ₹195.50 Jet Fuel Prices Surge Over 114% Amid Global Oil Spike New Delhi, April 1: Aviation turbine fuel (ATF) prices have more than doubled to a record high on Wednesday, crossing the ₹2 lakh per kilolitre mark for the...

Centre’s ₹10 Per Litre Excise Duty Cut on Petrol and Diesel: Consumer Relief and Revenue Impact New Delhi, March 27 – The government’s decision to cut excise duty on petrol and diesel by ₹10 per litre provides near-term relief to consumers while raising questions about its impact on government...

Government Slashes Excise Duties on Petrol, Diesel Fuel Price Relief: Excise Duty Cut Announced New Delhi – The government announced a reduction in excise duties on petrol and diesel on Friday, aiming to alleviate the impact of rising global oil prices. The excise duty on petrol has been lowered...

Government Reduces Excise Duty on Petrol, Exempts Diesel Amid Global Oil Price Surge Excise Duty Changes New Delhi, March 27 – The government has implemented excise duty reductions on petrol and completely exempted diesel, aiming to provide support to oil marketing companies including HPCL...

Nayara Energy Raises Petrol and Diesel Prices by Rs 5, Rs 3 Respectively New Delhi, March 26 – Nayara Energy, India’s largest private fuel retailer, announced a price increase of Rs 5 per litre for petrol and Rs 3 per litre for diesel on Thursday, citing the recent surge in global oil prices...

Modi Addresses Lok Sabha on West Asia Conflict, LPG Shortage Prime Minister Narendra Modi on Monday termed the prevailing situation in West Asia “worrisome” as it is having a very adverse impact on the global economy and the livelihoods of people. Modi is expected to address the Lok Sabha around...

Gandhinagar, March 22: The recent hike in bulk diesel prices has been rolled back for fishermen in Gujarat after the state government took up the issue with the Centre, Fisheries Minister Jitu Vaghani announced.On Friday, the price of premium petrol was raised by Rs 2 per litre, while bulk...