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Indian OMCs` marketing segment to turn profitable from FY24: Fitch Fitch Ratings has said that Indian oil marketing companies' (OMCs) marketing segment to turn profitable from the financial year ending March 2024 (FY24) as crude oil prices fall to Fitch's assumption of $78.8 per barrel, following large losses in FY23 due to high crude prices and unchanged retail fuel prices. It said this should enable the OMCs to partly recoup the FY23 (April 2022 to March 2023) losses in first half of FY24, before the fall in crude prices in recent months is reflect...
Indian OMCs` marketing segment to turn profitable from FY24: Fitch
Indian OMCs` marketing segment to turn profitable from FY24: Fitch
Source: Accord Fintech
5/07/2023 1:45:27 PM
Oil companies may cut petrol, diesel prices by Rs 4-5/litre from Aug as state polls near Oil marketing companies (OMCs) may have to cut petrol and diesel price by Rs 4-5 a litre from August onwards given the key state elections likely from November-December onwards. Though OMCs' FY24 P/B valuations appear reasonable, there exists significant uncertainty on earnings in the fuel marketing business given risk of OPEC+ strong pricing power driving high crude price during the next election-heavy 9-12 months, JM Financial Institutional Securities said in a research. Hence, op...
Oil companies may cut petrol, diesel prices by Rs 4-5/litre from Aug as state polls near
Oil companies may cut petrol, diesel prices by Rs 4-5/litre from Aug as state polls near
Source: IANS
23/06/2023 11:59:42 AM
Utaar Pradesh to emerge as biggest ethanol producer Uttar Pradesh is all set to emerge as the biggest ethanol producer in the country with around 100 operational distilleries in the ongoing 2023-24 fiscal year. Additional chief secretary, sugarcane and excise, Sanjay Bhoosreddy said that as many as 85 distilleries are currently in operational stage in UP. Another 15 distilleries are scheduled to get operational in the next few months. The 100 distilleries will be both sugarcane-based and dual mode' (based on cane as well as grain). ...
Utaar Pradesh to emerge as biggest ethanol producer
Utaar Pradesh to emerge as biggest ethanol producer
Source: IANS
12/06/2023 9:51:41 AM
Commercial LPG cylinder price cut by Rs 171.50, cooking gas price kept unchanged Oil Marketing Companies (OMCs) on Monday cut the prices of commercial LPG cylinders with immediate effect by Rs 171.50, while prices of domestic cooking gas have been kept unchanged. The retail price of a 19 kg commercial LPG cylinder in Delhi will now be Rs 1,856.50. On April 1, commercial LPG cylinder prices were slashed by Rs 92, while in March, their rates were hiked by Rs 350.50 per bottle and those of domestic LPG cylinders were raised by Rs 50 per bottle.  
Commercial LPG cylinder price cut by Rs 171.50, cooking gas price kept unchanged
Commercial LPG cylinder price cut by Rs 171.50, cooking gas price kept unchanged
Source: IANS
1/05/2023 10:58:40 AM
Delhi: CNG prices rise 38%, LPG cylinder gets 22% costlier in last 1 Year The price of CNG has shot up by nearly 38 per cent while the price of an LPG cylinder increased by about 22 per cent in Delhi during the period of last one year. The comparative prices of CNG for Indraprastha Gas Limited (Delhi) were at Rs 57.01 per kg on March 1, 2022 and it increased to Rs 79.56 per kg on March 1 this year. Similarly, the price of a LPG cylinder (14.4 kg) was at Rs 899.50 on March 1, 2022 and it went up to Rs 1,103 by March 1. India imports more than 60 per cent of...
Delhi: CNG prices rise 38%, LPG cylinder gets 22% costlier in last 1 Year
Delhi: CNG prices rise 38%, LPG cylinder gets 22% costlier in last 1 Year
Source: IANS
17/03/2023 9:29:46 AM
Indian crude oil basket price rose 23% between December 2021-March 2023: Government The price of the Indian crude oil basket, in rupee per barrel terms, rose by 23 per cent from December 2021 to March 2023, but compared to this, the increase in retail selling price of petrol and diesel in Delhi has only been 1.08 per cent and 3.40 per cent, the Parliament was told on Thursday. Prices of petrol and diesel have not been increased by public sector oil marketing companies (OMCs) since April 6, 2022, despite record high international prices, Minister of State for Petroleum Ram...
Indian crude oil basket price rose 23% between December 2021-March 2023: Government
Indian crude oil basket price rose 23% between December 2021-March 2023: Government
Source: IANS
17/03/2023 9:22:33 AM
India basket of crude rose 102% between October 2020-October 2022 Even as the average price of Indian basket of crude oil increased by 102 per cent (from $43.34 to $87.55) between October 2020 and October 2022, the retail prices of petrol and diesel have increased in India by only 19.3 per cent and 27.1 per cent, respectively, during this period, sources said. According to Petroleum Ministry sources, petrol prices stood at Rs 81.06 per litre in October 2020, however by October 2022, they had risen only 19.3 per cent to Rs 96.72 per litre. Similarly di...
India basket of crude rose 102% between October 2020-October 2022
India basket of crude rose 102% between October 2020-October 2022
Source: IANS
29/12/2022 9:55:37 AM
Gulshan Polyols trades higher on the BSE Gulshan Polyols is currently trading at Rs. 265.00, up by 6.45 points or 2.49% from its previous closing of Rs. 258.55 on the BSE. The scrip opened at Rs. 263.75 and has touched a high and low of Rs. 265.25 and Rs. 261.10 respectively. So far 492 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 429.00 on 19-Jan-2022 and a 52 week low of Rs. 204.70 on 26-May-2022. Last one week high and low of the scrip stood at R...
Gulshan Polyols trades higher on the BSE
Gulshan Polyols trades higher on the BSE
Source: Accord Fintech
16/12/2022 11:05:57 AM
Gulshan Polyols zooms on bagging Ethanol supply orders from OMCs, Nayara Energy Gulshan Polyols is currently trading at Rs. 264.75, up by 18.85 points or 7.67% from its previous closing of Rs. 245.90 on the BSE. The scrip opened at Rs. 269.90 and has touched a high and low of Rs. 278.00 and Rs. 260.55 respectively. So far 40610 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 429.00 on 19-Jan-2022 and a 52 week low of Rs. 204.70 on 26-May-2022. Last one week high and low of the scrip stood a...
Gulshan Polyols zooms on bagging Ethanol supply orders from OMCs, Nayara Energy
Gulshan Polyols zooms on bagging Ethanol supply orders from OMCs, Nayara Energy
Source: Accord Fintech
15/12/2022 12:27:51 PM
Working with government to achieve ethanol blending target, says sugar mills body chief Sugar mills are working with the government and oil marketing companies (OMCs) as well as Society of Indian Automobiles Manufacturers (SIAM) to achieve the target of 20 per cent ethanol blending. President of Indian Sugar Mills Association (ISMA) Aditya Jhunjhunwala said this during the International Conference on Biofuels organised by SIAM on Wednesday. SIAM president Vinod Aggarwal said during the inaugural session of the conference that first generation ethanol production capacity ha...
Working with government to achieve ethanol blending target, says sugar mills body chief
Working with government to achieve ethanol blending target, says sugar mills body chief
Source: IANS
19/10/2022 2:01:51 PM
Indian aviation under-penetrated compared to China, near peers like Indonesia: Report Indian aviation is under-penetrated compared to China and near peers like Indonesia, as per a report by industry body Assocham, which said that Indian carriers need to increase product quality to compete with international carriers like Singapore Airlines and Emirates which have high standards of service. The report on 'Civil Aviation: The Roadmap for Robust Growth Over Next Decade' observed that this is largely a function of relatively lower income levels compared to China and Ind...
Indian aviation under-penetrated compared to China, near peers like Indonesia: Report
Indian aviation under-penetrated compared to China, near peers like Indonesia: Report
Source: IANS
25/08/2022 10:06:40 AM
Public Sector Oil Companies in Tamil Nadu to set up 900 e-charging stations In a bid to go green, Public sector Oil Marketing Companies (OMCs) of Tamil Nadu will be setting up 900 e-charging stations in the state with Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation taking the lead. Indian Oil Corporation (IOC) has 133 e-charging stations in Tamil Nadu and is planning to install 400 more e-stations by the end of this financial year. Hindustan Petroleum Corporation (HPC) will be setting up 175 more e-charging stations from th...
Public Sector Oil Companies in Tamil Nadu to set up 900 e-charging stations
Public Sector Oil Companies in Tamil Nadu to set up 900 e-charging stations
Source: IANS
5/06/2022 11:04:32 AM
Oil Marketing Companies Sector Update - Non-revision in retail prices weighs on earnings By Yes Securities Non-revision in retail petrol & diesel prices weighs on earnings Reported earnings of OMCs (IOCL, BPCL, and HPCL) in the 4QFY21, stood weaker on YoY basis, despite improvement in sales volume and stronger GRMs, as weaker marketing margins turned into a drag. Lack of revision in domestic, retail, petrol and diesel prices for most part of 4QFY22, while international product prices rose sharply in aftermath of Russia -Ukraine conflict, resulted in significantly weaker marketing margins, p...
Oil Marketing Companies Sector Update - Non-revision in retail prices weighs on earnings By Yes Securities
Oil Marketing Companies Sector Update - Non-revision in retail prices weighs on earnings By Yes Securities
Source: Yes Securities Ltd
27/05/2022 12:32:46 PM
OMCs might require to further raise fuel prices: Fitch Ratings Further hikes in retail fuel prices may be required for state-run oil marketing companies' marketing margins to reach pre-November levels, Fitch Ratings said on Tuesday. Notably, the November 2021-March 2022 was one of the longest retail price freezes in recent years, despite reference crude oil prices increasing by nearly $27 per barrel (or Rs 13 per litre) during the period. The freeze may lead to marketing losses for the oil marketing companies (OMCs) in the fourth quarter of the...
OMCs might require to further raise fuel prices: Fitch Ratings
OMCs might require to further raise fuel prices: Fitch Ratings
Source: IANS
19/04/2022 2:39:17 PM
Jet fuel prices hiked, air fares to rise High crude oil prices led India's OMCs to hike aviation turbine fuel (ATF) price on Friday. Accordingly, in the national capital, the price of jet fuel was raised to Rs 1,12,924.83 per kilolitre (kl) from Rs 1,10,666.29 per kl. In the other metro cities of Kolkata, Mumbai and Chennai, the price was increased to Rs 1,17,353.71, Rs 1,11,690.61 and Rs 1,16,583.71 per kiloliter, respectively. "ATF prices have increased by around 50 per cent since the start of the year, major rea...
Jet fuel prices hiked, air fares to rise
Jet fuel prices hiked, air fares to rise
Source: IANS
1/04/2022 11:40:04 AM
Petrol, diesel prices raised again State-owned oil marketing companies (OMC) on Thursday raised the prices of petrol and diesel for the ninth time in the last 10 days. These prices were revised for the very first time on March 22, after a gap of more than four months. Notably, the selling price includes state levies, central excise and cess, amongst others. In New Delhi, the prices were increased again by 80 paise per litre. As per pump prices, petrol now costs Rs 101.81 per litre and diesel Rs 93.07 per litre in t...
Petrol, diesel prices raised again
Petrol, diesel prices raised again
Source: IANS
31/03/2022 11:38:45 AM
Petrol, diesel prices raised again State-owned oil marketing companies (OMC) on Saturday raised petrol and diesel prices for the fourth time this week. These prices were revised for the very first time on Tuesday, March 22, after a gap of more than four months. Accordingly, the increase in selling price which includes state levies, central excise and cess amongst others, came days after crude oil prices saw astronomical rise due to the ongoing Russia-Ukraine war. In New Delhi, the price of petrol and diesel were incre...
Petrol, diesel prices raised again
Petrol, diesel prices raised again
Source: IANS
26/03/2022 10:56:43 AM
Petrol, diesel prices raised again State-owned oil marketing companies (OMC) on Friday raised petrol and diesel prices for the third time this week. These prices were revised for the very first time on Tuesday after a gap of more than four months. Accordingly, the increase in the selling price, which includes state levies, central excise and cess amongst others, came days after crude oil rates saw an astronomical rise due to the Russian-Ukrainian crisis. In New Delhi, the price of petrol and diesel were increased agai...
Petrol, diesel prices raised again
Petrol, diesel prices raised again
Source: IANS
25/03/2022 10:58:34 AM
OMCs keep diesel, petrol prices steady on Tuesday Oil marketing companies have kept prices of diesel and petrol unchanged across major Indian cities on Tuesday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively. In the financial capital Mumbai, the prices were unchanged at Rs 94.14 and Rs 109.98. Prices also remained static in Kolkata at Rs 89.79 and Rs 104.67. In Chennai too, they were untouched at Rs 91.43 and Rs 101.40. Across the country as well, the price of th...
OMCs keep diesel, petrol prices steady on Tuesday
OMCs keep diesel, petrol prices steady on Tuesday
Source: IANS
14/12/2021 10:32:34 AM
Diesel, petrol prices steady on Sunday Oil marketing companies have kept prices of diesel and petrol unchanged across major Indian cities on Sunday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively. In the financial capital Mumbai, the prices were unchanged at Rs 94.14 and Rs 109.98. Prices also remained static in Kolkata at Rs 89.79 and Rs 104.67. In Chennai too, it remained untouched at Rs 91.43 and Rs 101.40. Across the country as well, the price of t...
Diesel, petrol prices steady on Sunday
Diesel, petrol prices steady on Sunday
Source: IANS
12/12/2021 12:09:59 PM
OMCs keep diesel, petrol prices unchanged on Monday Oil marketing companies (OMC) have kept diesel and petrol prices unchanged across major Indian cities on Monday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively. In the financial capital Mumbai, the rates were also unchanged at Rs 94.14 and Rs 109.98, respectively. Prices also remained static in Kolkata at Rs 89.79 and Rs 104.67, respectively. In Chennai too, it remained untouched at Rs 91.43 and Rs 101.40, respective...
OMCs keep diesel, petrol prices unchanged on Monday
OMCs keep diesel, petrol prices unchanged on Monday
Source: IANS
6/12/2021 10:07:44 AM
Diesel, petrol prices unchanged on Sunday Oil marketing companies kept diesel and petrol prices unchanged across major Indian cities on Sunday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively. In the financial capital Mumbai, they priced unchanged at Rs 94.14 and Rs 109.98, respectively. Prices also remained static in Kolkata at Rs 89.79 and Rs 104.67 respectively. In Chennai too, the prices remained at Rs 91.43 and Rs 101.40 respectively. Across the count...
Diesel, petrol prices unchanged on Sunday
Diesel, petrol prices unchanged on Sunday
Source: IANS
5/12/2021 12:36:40 PM
Oil marketing companies keep diesel, petrol prices unchanged Oil marketing companies kept diesel and petrol prices unchanged across major Indian cities on Friday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively. In the financial capital Mumbai, the prices remained unchanged at Rs 94.14 and Rs 109.98 respectively. Prices also remained static in Kolkata at Rs 89.79 and Rs 104.67 respectively. In Chennai too, it remained at Rs 91.43 and Rs 101.40 respectively. Across the countr...
Oil marketing companies keep diesel, petrol prices unchanged
Oil marketing companies keep diesel, petrol prices unchanged
Source: IANS
3/12/2021 10:49:14 AM
Oil marketing companies keep diesel, petrol prices unchanged Oil marketing companies on Tuesday kept the prices of diesel and petrol unchanged across major Indian cities. It is noteworthy to mention here that prices of the petrol and diesel have been untouched post the revision of duties by the Centre and state governments in early November. Accordingly, diesel and petrol prices in Delhi remained static at Rs 86.67 per litre and Rs 103.97 per litre, respectively on Tuesday. In the financial capital Mumbai, they were priced at Rs 94.14 and Rs 1...
Oil marketing companies keep diesel, petrol prices unchanged
Oil marketing companies keep diesel, petrol prices unchanged
Source: IANS
30/11/2021 10:54:14 AM
Diesel, petrol prices unchanged since Diwali Oil marketing companies have continued to keep prices of diesel and petrol unchanged across major Indian cities post revision of duties by the Centre and state governments on the Diwali eve. Accordingly, diesel and petrol prices in Delhi remained static at Rs 86.67 per litre and Rs 103.97 per litre, respectively. In the financial capital Mumbai, they were priced at Rs 94.14 and Rs 109.98, respectively. Prices also remained static in Kolkata at Rs 89.79 and Rs 104.67, respectively. ...
Diesel, petrol prices unchanged since Diwali
Diesel, petrol prices unchanged since Diwali
Source: IANS
28/11/2021 10:29:51 AM
Oil settles down $10/bbl in largest daily drop since April 2020  Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant of the coronavirus spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil fell with global equities markets on fears the variant, could dampen economic growth and fuel demand. The World Health Organization has designated the new variant, which it named Omicron, as "of concern," according to the South African health minister...
Oil settles down $10/bbl in largest daily drop since April 2020
Oil settles down $10/bbl in largest daily drop since April 2020
Source: Reuters
27/11/2021 10:54:48 AM
No hike in fuel prices on Monday, relief for consumers facing historic high rates Petrol and diesel prices remained unchanged on Monday after increasing for four consecutive days as oil marketing companies (OMC) decided to pause to see developments in the global oil market before taking the next step. Accordingly, the price of petrol in Delhi remained Rs 105.84 a litre and Rs 111.77 per litre in Mumbai, according to a price notification of state-owned fuel retailers. In Mumbai, diesel rates also remained static at Rs 102.52 a litre; while in Delhi it costs Rs 94.57, ...
No hike in fuel prices on Monday, relief for consumers facing historic high rates
No hike in fuel prices on Monday, relief for consumers facing historic high rates
Source: IANS
18/10/2021 10:41:27 AM
Petrol, diesel price rise on hold after 4 consecutive days of hike Petrol and diesel prices remained unchanged on Monday after the pump prices of both fuels rose simultaneously for four consecutive days taking up its retail rates by over Rs 1 per litre. Benchmark crude prices have settled at a tad lower level of $ 79 a barrel now after shooting over a three-year high level of $ 80 a barrel early last week. This has given some room to OMCs to halt fuel price rise. With no change in fuel prices, diesel continues to be priced at Rs 90.77 per litre while p...
Petrol, diesel price rise on hold after 4 consecutive days of hike
Petrol, diesel price rise on hold after 4 consecutive days of hike
Source: IANS
4/10/2021 10:36:40 AM
No change in petrol, diesel prices on Wednesday Auto fuel petrol and diesel prices remained unchanged on Wednesday, a day after pump prices of both fuels rose simultaneously, after a three week break amid volatility in global oil prices. Benchmark crude prices have settled a tad lower at $78 a barrel now after shooting over three year high level of $80 a barrel earlier this week. With no change in fuel prices, diesel continues to be priced at Rs 89.57 per litre while petrol at Rs 101.39 a litre. Petrol prices had maintained stabil...
No change in petrol, diesel prices on Wednesday
No change in petrol, diesel prices on Wednesday
Source: IANS
29/09/2021 11:29:38 AM
Diesel price rises for 2nd consecutive day, petrol stable Auto fuel prices in the country have maintained stability amidst a volatility in global oil prices, but the oil marketing companies (OMC) on Monday increased the pump price of diesel once again while maintaining stability in petrol rates. Accordingly, diesel prices increased by 25 paisa per litre in the national capital to Rs 89.32 per litre on Monday, while petrol prices remained unchanged for the 22nd consecutive day, according to Indian Oil Corporation, the country's largest fuel re...
Diesel price rises for 2nd consecutive day, petrol stable
Diesel price rises for 2nd consecutive day, petrol stable
Source: IANS
27/09/2021 10:18:08 AM
Diesel price increased, petrol rate remains steady Auto fuel prices in the country have maintained stability amid volatility in global oil prices, but the oil marketing companies on Friday increased the price of diesel marginally while maintaining stability and petrol prices. Accordingly, diesel prices increased by 20 paise per litre in the national capital to Rs 88.82 per litre on Friday while petrol price remained unchanged for the 19 consecutive days. OMCs have preferred to maintain their watch prices on the global oil situation befo...
Diesel price increased, petrol rate remains steady
Diesel price increased, petrol rate remains steady
Source: IANS
24/09/2021 12:23:21 PM
Relief for consumers as fuel prices maintain stability Auto fuel prices in the country have maintained stability amidst volatility in global oil prices. The oil marketing companies (OMCs) on Wednesday kept pump prices of petrol and diesel unchanged, the 17th consecutive day of no revision, as they preferred to wait and watch the global oil situation before making any revision in prices. The wait and watch plan of OMCs has come to the relief of consumers as no revision has come during a period when crude prices were on the rise over shortfal...
Relief for consumers as fuel prices maintain stability
Relief for consumers as fuel prices maintain stability
Source: IANS
22/09/2021 11:05:36 AM
No change in fuel prices for 16th consecutive day Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the rise again. The oil marketing companies (OMCs) on Monday kept pump prices of auto fuels -- petrol and diesel unchanged, the 16th consecutive day of no revision, as they preferred to wait and watch the global oil situation before making any revision in prices. The wait and watch plan of OMCs has come to the relief of consumers as no revision has come during a period when cru...
No change in fuel prices for 16th consecutive day
No change in fuel prices for 16th consecutive day
Source: IANS
21/09/2021 12:29:23 PM
Petrol, diesel prices unchanged on Monday Auto fuel prices in the country have maintained stability amid volatility in global oil prices with crude on the rise again. The oil marketing companies (OMCs) on Monday kept pump prices of auto fuels -- petrol and diesel -- unchanged, the 15th consecutive day of no revision, as they preferred to wait and watch the global oil situation before making any revision in prices. Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi. In M...
Petrol, diesel prices unchanged on Monday
Petrol, diesel prices unchanged on Monday
Source: IANS
20/09/2021 10:40:36 AM
Fuel prices stable for fortnight amidst volatility in global oil market Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the rise again. The oil marketing companies (OMCs) on Sunday kept pump prices of auto fuels petrol and diesel unchanged, the 14th consecutive day of no revision, as they preferred to wait and watch the global oil situation before making any revision in prices. Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, as per Indi...
Fuel prices stable for fortnight amidst volatility in global oil market
Fuel prices stable for fortnight amidst volatility in global oil market
Source: IANS
19/09/2021 8:59:52 AM
Fuel prices maintain stability amidst volatility in global oil market Auto fuel prices in the country have maintained stability amidst volatility in global oil prices with crude on the boil again rising sharply for past few days. The oil marketing companies (OMCs) on Friday kept pump prices of auto fuels petrol and diesel unchanged, the 12th consecutive day of no revision, as they preferred to watch the global oil situation before making any revision in prices. Accordingly, the price of petrol and diesel remained unchanged at Rs 101.19 and Rs 88.62 per li...
Fuel prices maintain stability amidst volatility in global oil market
Fuel prices maintain stability amidst volatility in global oil market
Source: IANS
17/09/2021 10:25:16 AM
Oil Marketing Companies hold petrol, diesel price revision even as global crude rates rise Auto fuel prices in the country have maintained stability amid volatility in global oil prices with crude on the boil again, rising sharply for the past few days. The oil marketing companies (OMCs) on Thursday kept pump prices of auto fuels -- petrol and diesel -- unchanged, the eleventh consecutive day of no revision, as they preferred to watch the global oil situation before making any revision in prices. Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and R...
Oil Marketing Companies hold petrol, diesel price revision even as global crude rates rise
Oil Marketing Companies hold petrol, diesel price revision even as global crude rates rise
Source: IANS
16/09/2021 11:51:32 AM
Petrol, diesel prices static for 10 consecutive days Auto fuel prices in the country have maintained stability amid the volatility in global oil prices over rise in demand and concerns on production. The oil marketing companies (OMCs) on Wednesday kept pump prices of auto fuels -- petrol and diesel -- unchanged, the tenth consecutive day of no revision, and decided to wait and watch the global oil situation before making further changes. Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in D...
Petrol, diesel prices static for 10 consecutive days
Petrol, diesel prices static for 10 consecutive days
Source: IANS
15/09/2021 10:05:50 AM
Petrol, diesel prices unchanged on Tuesday Auto fuel prices in the country have maintained stability amidst volatility in global oil prices over rise in demand and concerns on production. The oil marketing companies (OMCs) on Tuesday kept pump prices of petrol and diesel unchanged, marking ninth consecutive day of no revision, and decided to wait and watch the global oil situation before making further changes. Accordingly, the price of petrol and diesel remained unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, as per the...
Petrol, diesel prices unchanged on Tuesday
Petrol, diesel prices unchanged on Tuesday
Source: IANS
14/09/2021 9:59:45 AM
Petrol, diesel prices remain unchanged for over a week Auto fuel prices in the country have maintained stability amidst softening of global oil prices over rise in production and concerns on demand. The oil marketing companies (OMCs) on Monday kept pump prices of auto fuels petrol and diesel unchanged, the eighth consecutive day of no revision, and decided to wait and watch the global oil situation before making further changes. Accordingly, the prices of petrol and diesel remained unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, acc...
Petrol, diesel prices remain unchanged for over a week
Petrol, diesel prices remain unchanged for over a week
Source: IANS
13/09/2021 10:16:04 AM
Petrol, diesel prices unchanged for a week now Oil marketing companies (OMC) have not revised retail fuel prices for a week now. In the national capital, petrol was sold for Rs 101.19 per litre on Sunday. Similarly, price of the fuel in the other key metros of Mumbai, Chennai and Kolkata stood unchanged at Rs 107.26, Rs 98.96, Rs 101.62 per litre, respectively. Diesel prices also were unchanged for the seventh consecutive day across the four metro cities. In Delhi, Mumbai, Chennai and Kolkata, diesel was sold for Rs 88.62, Rs 96....
Petrol, diesel prices unchanged for a week now
Petrol, diesel prices unchanged for a week now
Source: IANS
12/09/2021 11:53:08 AM
Oil marketing companies continue to hold fuel price revision for 6th day Oil marketing companies (OMC) on Saturday continued to press the pause button on the revision of retail petrol and diesel prices for the sixth straight day. In the national capital, petrol was sold for Rs 101.19 per litre on Saturday. Similarly, price of the fuel in the other key metros of Mumbai, Chennai and Kolkata stood unchanged at Rs 107.26, Rs 98.96, Rs 101.62 per litre, respectively. In tandem with petrol price, diesel rates also remained unchanged. In Delhi, Mumbai, Chenna...
Oil marketing companies continue to hold fuel price revision for 6th day
Oil marketing companies continue to hold fuel price revision for 6th day
Source: IANS
11/09/2021 11:41:01 AM
Oil marketing companies hold fuel price revision; Brent trades above $72/barrel Oil marketing companies (OMC) kept the petrol and diesel prices unchanged for the fifth consecutive day on Friday even as the Brent crude on the Intercontinental Exchange was trading above the $72-per-barrel-mark. In the national capital, petrol was sold for Rs 101.19 per litre. Similarly, price of the fuel in the other key metros of Mumbai, Chennai and Kolkata stood unchanged at Rs 107.26, Rs 98.96, Rs 101.62 per litre, respectively. In tandem with petrol price, diesel price also remai...
Oil marketing companies hold fuel price revision; Brent trades above $72/barrel
Oil marketing companies hold fuel price revision; Brent trades above $72/barrel
Source: IANS
10/09/2021 12:14:45 PM
Petrol, diesel prices unchanged for forth straight day Oil marketing companies (OMCs) continued to press the pause button on the revision of fuel prices on Thursday across the four metros. In the national capital, petrol was sold for Rs 101.19 per litre. Similarly, price of the fuel in the other key metros of Mumbai, Chennai and Kolkata stood unchanged at Rs 107.26, Rs 98.96, Rs 101.62 per litre, respectively. Across the country as well petrol and diesel prices remained static on Thursday, but their retail rates varied depending on the l...
Petrol, diesel prices unchanged for forth straight day
Petrol, diesel prices unchanged for forth straight day
Source: IANS
9/09/2021 11:29:38 AM
Petrol, diesel price revision on hold for 3rd consecutive day Auto fuel prices in the country have maintained stability amid softening of the global oil prices over rise in production and concerns on demand. The oil marketing companies (OMCs) on Wednesday kept pump prices of auto fuels petrol and diesel unchanged, the third consecutive day of no revision, and decided to wait and watch the global oil situation before making further changes. Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, a...
Petrol, diesel price revision on hold for 3rd consecutive day
Petrol, diesel price revision on hold for 3rd consecutive day
Source: IANS
8/09/2021 10:08:03 AM
No revision in petrol, diesel prices for second consecutive day The oil marketing companies (OMCs) have kept pump prices of auto fuels -- petrol and diesel -- unchanged on Tuesday, the second consecutive day of no revision, and decided to wait and watch the global oil situation before making further changes. Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, as per Indian Oil Corporation, the country's largest fuel retailer. In Mumbai, the petrol price was stable at Rs 107.26 per litre on ...
No revision in petrol, diesel prices for second consecutive day
No revision in petrol, diesel prices for second consecutive day
Source: IANS
7/09/2021 10:55:12 AM
No revision in petrol, diesel prices on Monday, a day after price cut The oil marketing companies (OMCs) have kept pump prices of auto fuels -- petrol and diesel -- unchanged on Monday, a day after reducing retail rates by 15 paise per litre, to wait and watch the global oil situation before making fitter changes. Accordingly, the price of petrol and diesel remains unchanged at Rs 101.19 and Rs 88.62 per litre in Delhi, as per Indian Oil Corporation, the country's largest fuel retailer. In Mumbai, the petrol price is stable at Rs 107.26 per litre on M...
No revision in petrol, diesel prices on Monday, a day after price cut
No revision in petrol, diesel prices on Monday, a day after price cut
Source: IANS
6/09/2021 10:14:08 AM
Petrol price cut by 15 paise in Delhi after 3-day hiatus Oil marketing companies reduced petrol prices in the key metro cities after keeping them unchanged for three consecutive days. In the national capital, petrol price was cut by 15 paise to Rs 101.19 per litre, from the previous level of Rs 101.34 per litre. Similarly, petrol prices in the other key cities of Mumbai, Chennai and Kolkata were reduced to Rs 107.26, Rs 98.96 and Rs 101.62 a litre, respectively, down from the previous levels of Rs 107.39, Rs 99.08 and Rs 101.72 a litre. In...
Petrol price cut by 15 paise in Delhi after 3-day hiatus
Petrol price cut by 15 paise in Delhi after 3-day hiatus
Source: IANS
5/09/2021 11:49:28 AM