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Rising international crude prices are increasing pressure on India’s oil import bill, fuel retailers and inflation outlook as West Asia supply risks intensify.
Rising international crude prices are increasing pressure on India’s oil import bill, fuel retailers and inflation outlook as West Asia supply risks intensify.
Petrol and diesel prices remained unchanged on July 5 despite falling global crude oil rates. Key Highlights Story Petrol and diesel prices remained stable across India on Sunday, July 5, even as global crude oil prices continued to soften. Despite Brent crude slipping near a four-month low, state-run Oil Marketing...
Domestic LPG, CNG and PNG prices remain unchanged as commercial LPG rates are reduced Highlights New Delhi, July 4: Consumers using domestic LPG cylinders will continue to pay the same prices in July, while commercial establishments have received some relief with a reduction in the price of 19-kg LPG cylinders....
Global crude oil falls, but petrol and diesel rates remain steady across India Highlights Story New Delhi, July 4: Petrol and diesel prices remained unchanged across India on Saturday, July 4, even as global crude oil prices continued to soften. Brent crude has fallen to a four-month low following easing...
Private fuel retailer Nayara Energy has reduced petrol and diesel prices as global crude oil prices stabilize, while government-run oil companies have kept retail fuel prices unchanged. Highlights Private fuel retailer Nayara Energy has reduced petrol and diesel prices from July 1, offering relief to motorists amid easing crude oil...
Highlights: New Delhi, June 10: Petrol and diesel prices remained unchanged across major Indian cities on Tuesday, offering temporary relief to consumers after a series of steep increases over the past few weeks. The stability comes after oil marketing companies (OMCs) raised fuel prices by more than ₹2.50 per litre...
Key Highlights Fresh concerns are emerging over the possibility of another increase in petrol and diesel prices after state-run oil marketing companies (OMCs) claimed they are still incurring losses of nearly ₹600 crore per day, even after raising fuel prices by up to ₹7.50 per litre since May 15. According...
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