Indian Fuel Prices
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A 445% Jump Have Made Tomatoes A Lot Costlier Than Fuel In India
Indian tomato prices are soaring due to adverse weather, triggering a wave of social media memes comparing the cost of the essential ingredient with anything from petrol to political influence.
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Shree Cements' Q3 Profit Down 44% On High Fuel Costs
Shree Cement Ltd posted a standalone profit of 2.77 billion Indian rupees ($33.5 million) for the quarter ended Dec. 31, compared with 4.92 billion rupees a year earlier.
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India Pushes Refiners To Diversify Purchases After Production Cut By OPEC (Oil Producers)
Indian state fuel retailers have not raised pump prices since April.
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India May Offer $2.5 Billion To Fuel Retailers, Cooking Gas Prices At Stake
India plans to pay about Rs 200 billion ($2.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices.
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No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
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Fuel Price Freeze To Hit Oil Companies' Profits: Fitch
The freeze on petrol, diesel and LPG price revision despite rising cost will hit profitability of state-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd this fiscal, Fitch Ratings said on Wednesday.
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What Does Rupee Plunging To 80 A Dollar Mean For You: Key Highlights
The rupee hit 80 per dollar for the first time ever on Tuesday, after breaching a series of all-time lows and falling over 7 per cent this year from about 74 at the start of 2022, tracking a rampant greenback. What does that rapid rupee weakening mean for you?
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Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights
The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies.
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No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
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Indian Crude Oil Basket Hits 10-Year High Of $121 Per Barrel
The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel remain unchanged
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Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged today on June 10, 2022 for the 19th consecutive day across four metros
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Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
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Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
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India's Crude Basket Price On The Rise; No Cut In Fuel Rates Anytime Soon
The already-elevated India's crude oil basket price is rising, with the average based on daily costs for June jumping to over $115 per barrel, compared to $109.51 in May and $102.97 in April.
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Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
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A 445% Jump Have Made Tomatoes A Lot Costlier Than Fuel In India
Indian tomato prices are soaring due to adverse weather, triggering a wave of social media memes comparing the cost of the essential ingredient with anything from petrol to political influence.
-
Shree Cements' Q3 Profit Down 44% On High Fuel Costs
Shree Cement Ltd posted a standalone profit of 2.77 billion Indian rupees ($33.5 million) for the quarter ended Dec. 31, compared with 4.92 billion rupees a year earlier.
-
India Pushes Refiners To Diversify Purchases After Production Cut By OPEC (Oil Producers)
Indian state fuel retailers have not raised pump prices since April.
-
India May Offer $2.5 Billion To Fuel Retailers, Cooking Gas Prices At Stake
India plans to pay about Rs 200 billion ($2.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices.
-
No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
-
Fuel Price Freeze To Hit Oil Companies' Profits: Fitch
The freeze on petrol, diesel and LPG price revision despite rising cost will hit profitability of state-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd this fiscal, Fitch Ratings said on Wednesday.
-
What Does Rupee Plunging To 80 A Dollar Mean For You: Key Highlights
The rupee hit 80 per dollar for the first time ever on Tuesday, after breaching a series of all-time lows and falling over 7 per cent this year from about 74 at the start of 2022, tracking a rampant greenback. What does that rapid rupee weakening mean for you?
-
Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights
The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies.
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
-
Indian Crude Oil Basket Hits 10-Year High Of $121 Per Barrel
The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel remain unchanged
-
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged today on June 10, 2022 for the 19th consecutive day across four metros
-
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
-
Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
-
India's Crude Basket Price On The Rise; No Cut In Fuel Rates Anytime Soon
The already-elevated India's crude oil basket price is rising, with the average based on daily costs for June jumping to over $115 per barrel, compared to $109.51 in May and $102.97 in April.
-
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
