
Brent crude hits a month low, but petrol, diesel prices remain steady
Brent crude oil price has fallen 9.2% in the last two days to $78.01 per barrel, the lowest level since December 12, 2022.
Brent crude oil price has fallen 9.2% in the last two days to $78.01 per barrel, the lowest level since December 12, 2022.
OPEC Plus – a grouping of 23 oil-rich countries -- is meeting in Vienna on Wednesday to discuss a major production cut for the first time since March 2020.
Civil aviation minister Jyotiraditya Scindia says the decision taken after careful analysis of daily demand and prices of air turbine fuel
The fall in margins has not deterred India's largest carmaker, as it believes that car buyers will choose its fuel-efficient models in the wake of rising fuel prices.
Why the airlines’ pleas fall on deaf ears
Fuel excise duty cut will have a revenue implication of ₹1 lakh cr a year. Subsidy on LPG will have a revenue implication of ₹6,100 cr a year.
Bajaj calls for collaborative efforts of state and the central governments in cutting taxes.
Countries which have a lower per capita income like Kenya, Bangladesh, Nepal, Pakistan, and Venezuela have much lower prices of petrol.
Retail inflation remains above RBI's tolerance band for the fourth consecutive month, driven by high fuel and food prices.
States like Maharashtra, West Bengal, Telangana, Andhra Pradesh, Tamil Nadu, Kerala, and Jharkhand didn't reduce VAT on petrol and diesel in November last year.