Petrol | The Asian Age

Tuesday, Apr 23, 2024 | Last Update : 07:21 PM IST

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Over the past three months, crude oil prices have increased by about 28 per cent from USD 52.3 per barrel in August-end.

Govt under pressure to cut excise duty on auto fuels: Icra

Brent prices have jumped 40 per cent to around USD 67 per barrel this month from USD 48 in November 2016.

29 Dec 2017 3:44 PM

ASSOCHAM on Friday said it is always desirable for petroleum to be brought under the GST.

Consensus will never emerge on petrol under GST: ASSOCHAM

Centre and States have been over-depending on petroleum sector for their revenue collection.

22 Dec 2017 1:43 PM

Bihar Finance Minister Sushil Modi. (Photo: PTI)

Council may bring petrol, realty under GST in future: Sushil Modi

Both states and Centre earn 40 per cent of their revenue from petroleum products at present.

14 Dec 2017 6:08 PM

LPG sales increased 6.7 per cent to 2.00 million tonnes, while naphtha sales fell 6.1 percent to 1.01 million tonnes. (Photo: PTI)

India's fuel demand rose 6.2 per cent in November

Sales of gasoline, or petrol, were 4.8 per cent higher from a year earlier at 2.12 million tonnes.

11 Dec 2017 3:24 PM

Excise duty cut cost government Rs 26,000 crore in annual revenue.

Govt non-committal on cutting excise duty on petrol, diesel

After the cut, petrol price came down to Rs 68.38 per litre and diesel to Rs 56.89 in Delhi on October 4.

09 Nov 2017 7:41 PM

Finance Minister Arun Jaitley on Wednesday nudged states to cut sales tax or VAT on petrol and diesel to provide further relief to consumers from high fuel prices. Photo: ANI| Twitter

Jaitley urges states to slash VAT on petrol, diesel to counter price rise

Petrol price rose by Rs 7.8 since early July to reach over three-year high of Rs 70.88 a litre in Delhi.

04 Oct 2017 8:16 PM

In January, the consumption had dropped by 5.9 per cent. (Photo: PTI)

India's August fuel demand declines 6.1 per cent, most in 14 years

LPG sales rose 11.8 per cent to 2.06 mt while kerosene usage declined by more than 41 per cent to 2,92,000 tonnes.

12 Sep 2017 7:58 PM

Jaitley asks states to cut VAT on natural gas, other fuel

Jaitley requested other states to explore possibility of having a lower rate of VAT on petroleum products.

18 Aug 2017 1:47 PM

Fuel demand fell 3.1 per cent in February and 0.7 per cent in March before rebounding in April. (Photo: PTI)

India's fuel demand grows 1 per cent in July

Fuel consumption in July totalled 15.8 million tonnes as compared to 15.63 million tonnes last year.

14 Aug 2017 5:52 PM

On July 10, the state government received the order of not charging the state surcharge on imports of petroleum products.

Fuel prices in Maha to come down as surcharge to be slashed

Prices of petrol will come down in the range of 66 paise to Rs 1.77 per litre depending on the local taxes.

12 Jul 2017 9:39 AM

According to oil company data, petrol price has been cut almost every day with reduction ranging from 11 paise to 32 paise per litre.

A week on, petrol/diesel prices dip in daily revision

Petrol price was at Rs 65.48 a litre on June 16 in Delhi and today it costs Rs 63.71 per litre.

25 Jun 2017 2:08 PM

Concerns rise over home-delivery of fuel in Bengaluru

The minimum order should be 20 litres and they charge Rs 99 for delivery for any order up to 100 litres.

22 Jun 2017 12:55 PM

BPCL's unusual move to seek petrol came at a time when India's top refiner Indian Oil Corp plans extensive maintenance work at its key refineries. (Representational Image)

BPCL seeks 70,000 tonnes petrol to plug supply gap

BPCL will shut a 100,000-barrel-per-day (bpd) crude unit for a month from July 29.

21 Jun 2017 3:22 PM

Govt mulls daily price change formula for CNG

Petrol pump dealers call off strike after Petroleum Minister Dharmendra Pradhan intervenes.

15 Jun 2017 11:24 AM

Daily fuel price revision: Petrol pumps call off strike

Oil Minister Dharmendra Pradhan said the new timing of the price change was agreeable to the dealers .

14 Jun 2017 8:48 PM

Petrol has been costing much over past decade.

American futurist says petrol will cost less than Rs 30

Tony Seba is known for rightly saying solar power sector will see a boom when prices were really high.

25 May 2017 5:59 PM

Five petroleum items have been kept out of GST as they are considered cash cows.

Clamour grows to bring petroleum under GST; J&K fires 1st salvo

GST is perhaps the most significant tax reforms post independence and will revolutionise the entire indirect tax system.

22 May 2017 1:40 PM

The state government this week increased the surcharge on petrol by Rs two. (Photo: DC FIle)

Congress slams Fadnavis govt over hike in petrol surcharge

Ashok Chavan said there was no financial planning in the state and that expenditure was on the rise.

19 May 2017 3:52 PM

There is Rs 11 surcharge on petrol in Maharashtra.

Petrol costliest in Mumbai at Rs 76.91 per litre

With new levy, total surcharge on petrol in Maharahstra has gone up to Rs 11, report says.

18 May 2017 12:38 PM

IOC said customers may verify fuel prices by downloading the company app or visiting its website.

Petrol, diesel prices to be revised daily from today

Daily price change will remove the big leaps in rates that need to be effected at the end of the fortnight.

01 May 2017 11:35 AM

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Aakar Patel