Browsing Tag

Petrol

Diesel Hiked By Rs 7.10 In Delhi

indbadmin May 5, 2020

New Delhi: After adding 70 per cent special Corona fee on liquor, the Delhi government on Tuesday increased the value-added tax (VAT) on fuels. The price of petrol has increased by Rs 1.67 a litre and diesel has seen a steep hike of Rs…

Oil Prices Become Negative For The First Time In History; Producers Paying Customers To Buy The…

indbadmin Apr 21, 2020

New Delhi: Oil prices have collapsed to a historic all-time low because of lack of storage facilities and demand amid the coronavirus crisis. US WTI crude futures on Monday crashed below $0 trading at $-39 a barrel. This means some…

Govt Hikes Excise Duty On Petrol & Diesel By Rs 3 Per Litre

indbadmin Mar 14, 2020

The excise duty on petrol and diesel has been increased by a steep Rs 3 per litre each to get about Rs 39,000 crore additional revenue. Retail prices of petrol and diesel will not be changed as it will be adjusted in accordance with the…

Petrol, Diesel Prices Reduced Again

indbadmin Mar 11, 2020

Bhubaneswar: Fuel prices saw yet another drop on Wednesday following global price cuts and the Saudi-Russia price war. In Bhubaneswar, the price of both petrol and diesel fell by Rs 0.18 per litre. Crude oil prices recently saw the steepest…

Coronavirus Effect: Fuel Prices Fall For The 5th Consecutive Day

indbadmin Mar 9, 2020

Crude oil prices dropped about 30 per cent in its worst single-day drop since the 1991 Gulf War. The price of petrol in Bhubaneswar has fallen by around Rs 5.43, and diesel by ₹6.40 since January 10. Currently, petrol is priced at ₹69.55…

Fuel Prices To Increase As India Moves To Cleanest Petrol Diesel Post March

indbadmin Feb 28, 2020

From April 1, only BS6 fuels will be sold throughout the country. The new fuels, which are touted to be one of the cleanest in the world, will see a marginal price hike. Indian Oil Corporation (IOC) has reportedly invested over ₹17,000…

Iraq-US Tension: Petrol & Diesel Prices Hiked Again, Check The Rates In Bhubaneswar

indbadmin Jan 6, 2020

As Brent crude oil prices crossed $70 mark, fuel prices in India rose for the fifth consecutive day on Monday. The price of petrol has increased by 15 paise a litre and that of diesel by 17 paise a litre. Since the beginning of the year,…

Petrol Price Peaks In Bhubaneswar

indbadmin Dec 9, 2019

Bhubaneswar: Petrol prices reached an all-year high on Monday. For the first time this year, petrol prices crossed Rs 75 per litre in New Delhi. The price of petrol in Bhubaneswar reached Rs 74 a litre and that of diesel, Rs 70.83 a litre.…

Non-Oil Companies Too Can Start Petrol Pump Business: Centre

indbadmin Oct 25, 2019

The Centre has reduced the minimum investment required for petrol retail business to Rs 250 crore from Rs 2,000 crore. Besides, companies with no investments in oil & gas exploration, production, pipelines and refining will also be…

Fuel Prices Fall For The 4th Consecutive Day

indbadmin Oct 6, 2019

Petrol and diesel prices fell for the 4th consecutive day on Sunday. The current price of petrol in Bhubaneswar is Rs 73.08 a litre and that of diesel is Rs 72.08 a litre.

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