The Minister of State (I/C) for Petroleum & Natural Gas, Dharmendra Pradhan informed the Rajya Sabha in a written reply today that according to World Energy Outlook-2015, a recent release of International Energy Agency, India’s oil…
Heavy reduction in petrol, diesel prices in India likely, as oil prices are inching closer to a 11-year-old low. The cut could be Rs 4-5 per litre although more should be done.
The international crude oil price of Indian Basket as…
Petrol price has been cut by 2 rupees 41 paise a litre and diesel by 2 rupees 25 paise including VAT following a decrease in the international fuel prices. The new rates came into effect from midnight of October 31 and November 1.
Fuel…
Global crude oil prices dropped to $84 per Barrel on Wednesday after the West's energy watchdog slashed its forecasts for world oil demand for this year and 2015.
The price fall of crude oil in the international market raise hopes to…
The petrol prices were slashed by Rs 1.15 per litre (excluding VAT) just ahead of Diwali. However, the diesel prices were hiked by 50 paise per litre. This is the second reduction in petrol prices this month. Earlier, there was a cut of Rs…
After six consecutive hikes in the last three months, the oil companies gave another blow to the consumers by increasing the petrol prices by Rs 1.63 per litre (without VAT) with effect from midnight. The increase took place even if there…
Attributing to the decline of Indian Rupee against the US Dollar, the oil companies have hiked the petrol prices by 70 paise, while the diesel prices went up by 50 paise as part of the monthly hike. With the inclusion of VAT, the actual…
Petrol price was hiked by 75 paise per litre and diesel by 50 paise after Indian rupee fell to 11-month low yesterday. The oil imports were costlier after the increased demand for US dollar dominated the market.
However, the oil…
TNI Bureau: While the entire nation was busy debating the sensitive issue of multi-crore Italian chopper kickback scam, the oil companies hiked the petrol prices by Rs 1.50 per litre and diesel prices by 45 paise per litre.
The hike will…