Diabytes
Diesel prices News
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Meanwhile, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri welcomed the announcement, saying it is a Dhanteras gift for the people.
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The revised rates will come into effect from 6 AM on Friday.
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In Maharashtra, petrol prices saw a reduction of 25 paise per litre, while diesel prices decreased by 24 paise.
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Check out today’s petrol and diesel prices in different cities. Know what affects fuel prices in India.
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Oil marketing companies (OMCs) have unveiled the latest petrol and diesel prices. Check out the details here.
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Last week, the government cut the price of the domestic 14.2kg LPG cylinder by Rs 200/LPG cylinder for all 330 million consumers w.e.f. August 30.
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From February 5, Europe will ban imports of diesel fuel and other products made from crude oil in Russian refineries.
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On Monday, The Sri Lankan government announced that only essential services will operate from midnight till July 10 and all other operations will be temporarily suspended as the crisis-hit nation faces an acute fuel shortage.
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As per media reports, nearly 4,500 petrol pumps out of 6,700 outlets in Rajasthan are facing acute shortate of oil. Reports further said that the petrol pum owners have to wai for over three days --starting from demand draft booking to getting the supply.
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Petrol was priced at Rs 96.72 per litre in Delhi and Rs 111.35 per litre in Mumbai.
Diesel was priced at Rs 89.62 in Delhi and Rs 97.28 in Mumbai.
In India, fuel costs are determined by worldwide crude oil prices and the rupee-dollar exchange rate.
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“New prices will be effective from midnight," Ismail said.
The previous Imran Khan government in February had capped the prices of petroleum products until June.
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Unprecedented high in fuel prices in Sri Lanka.
Petrol, diesel shot up record high levels.
Steepest hike since April 19.
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The decision to raise fuel prices in Sri Lanka came amid the country's economic crisis
Price of petrol was hiked by Rs 82 in one stroke and diesel by Rs 111.
Sri Lankan economists blame the shortage of supplies behind skyrocketing fuel prices.
The decision to raise fuel prices in Sri Lanka came amid the country's economic crisis
Price of petrol was hiked by Rs 82 in one stroke and diesel by Rs 111.
Sri Lankan economists blame the shortage of supplies behind skyrocketing fuel prices.
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Auto industry body SIAM has sought a reduction in CNG prices while welcoming the government's decision to lower the petrol and diesel prices.
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severe power and fuel emergency in Sri Lanka.
SL struggling to find dollars to import fuel and gas.
India has helped SL with over $3.5 bn financial support so far this year.
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Nadda welcomes the Centre`s decision to lower the prices of petrol and diesel in order to give relief to common citizens reeling under record inflation.
Anurag Thakur expressed hope that all the states will also reduce taxes on fuel prices.
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Petrol and diesel prices fell in cities across the country on Sunday (May 22) after Centre's decision to cut excise duty on fuel
Rajasthan and Kerala have also reduced VAT on fuel to provide relief to consumers
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On May 21, the Centre reduced excise duty on fuel prices
Kerala and Rajasthan have also cut down VAT on fuel following the central government's decision
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"Despite being part of the Quad, India sustained pressure from the US and bought discounted Russian oil to provide relief to the masses," the former Pakistan Prime Minister said after India reduced petrol and diesel prices.
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