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...
Islamabad, April 3 Pakistan has announced an unprecedented increase of 43 percent and 55 percent in the prices of petrol and high-speed diesel (HSD), respectively, in response to soaring global oil prices amid the US-Israel war on Iran.The government made the announcement on Thursday. The...
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...
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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...
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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...