Mumbai: State-run refiners IOC, BPCL and HPCL incurred a loss of $2.25 billion (Rs 19,000 crore) in revenue in March by freezing petrol and diesel prices despite a shar rise in crude oil prices, Moody’s Investors Service said on Thursday.
New Delhi/IBNS: The state-run oil marketing companies (OMCs) increased the petrol price by 19 to 25 paise per litre across India on September 28 as international oil prices spiked to a three-year high.
New Delhi/IBNS: The state-run fuel retailers on Sunday hiked the petrol and diesel prices by up to 29 paise and 28 paise, respectively.
New Delhi/UNI: After remaining stable for a day, the price of petrol and diesel rose again on Sunday across all four metropolitan cities of the country. According to Indian Oil Corporation, the price of petrol rose by 17 paise and diesel by 27 paise in the national capital.
New Delhi/UNI: Amid softening of crude oil in the international market, prices of petrol and diesel on Friday remained stable for the third consecutive day in the domestic market.
New Delhi, Oct 4 (IBNS): Facing severe criticisms from the Opposition over the fuel price hike, the central government on Thursday reduced the prices of petrol and diesel by Rs 2.50 per litre.