<p>Fuel prices continued to decline on Friday with prices of petrol reaching Rs 78.06 per litre in Delhi and Rs 83.57 per litre in Mumbai.</p>

<p>While the prices of petrol reduced by 15 paise in the two cities, diesel witnessed a reduction of 15 paise in Delhi and 16 paise in Mumbai.</p>

<p>The prices of diesel were revised to Rs 72.74 per litre in Delhi and Rs 76.22 per litre in Mumbai.</p>

<p>Petrol prices on Thursday were recorded at Rs 78.21 per litre in Delhi, Rs 80.13 in Kolkata, Rs 83.72 in Mumbai and Rs 81.24 in Chennai.</p>

<p>While diesel prices were recorded at Rs 72.89 per litre in Delhi, Rs 74.75 in Kolkata, Rs 76.38 in Mumbai and Rs 77.05 in Chennai.</p>

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 78.06 per litre (decrease by Rs 0.15) and Rs 72.74 per litre (decrease by Rs 0.15), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 83.57 per litre (decrease by Rs 0.15) and Rs 76.22 (decrease by Rs 0.16), respectively. <a href="https://t.co/VMCVuUInGH">pic.twitter.com/VMCVuUInGH</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1060693544166408199?ref_src=twsrc%5Etfw">November 9, 2018</a></blockquote>
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<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p>&nbsp;</p>


Fuel prices continued to decline on Friday with prices of petrol reaching Rs 78.06 per litre in Delhi and Rs 83.57 per litre in Mumbai. While the prices of petrol reduced by 15 paise in the two cities, diesel witnessed a reduction of 15 paise in Delhi and 16 paise in Mumbai.

Fuel prices continued to decline on Friday with prices of petrol reaching Rs 78.06 per litre in Delhi and Rs 83.57 per litre in Mumbai. While the prices of petrol reduced by 15 paise in the two cities, diesel witnessed a reduction of 15 paise in Delhi and 16 paise in Mumbai. The prices of diesel were revised to Rs 72.74 per litre in Delhi and Rs 76.22 per litre in Mumbai. Petrol prices on Thursday were recorded at Rs 78.21 per litre in Delhi, Rs 80.13 in Kolkata, Rs 83.72 in Mumbai and Rs 81.24 in Chennai. While diesel prices were recorded at Rs 72.89 per litre in Delhi, Rs 74.75 in Kolkata, Rs 76.38 in Mumbai and Rs 77.05 in Chennai. Petrol and diesel prices in #Delhi are Rs 78.06 per litre (decrease by Rs 0.15) and Rs 72.74 per litre (decrease by Rs 0.15), respectively. Petrol and diesel prices in #Mumbai are Rs 83.57 per litre (decrease by Rs 0.15) and Rs 76.22 (decrease by Rs 0.16), respectively. pic.twitter.com/VMCVuUInGH — ANI (@ANI) November 9, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.

Fuel prices down again, petrol at Rs 78.06 per litre in Delhi, Rs 83.57 per litre in Mumbai

<p>Fuel prices in the country continued to decline on Thursday with prices of petrol reaching Rs 78.21 per litre in Delhi and Rs 83.72 per litre in Mumbai.</p>

<p>While petrol reduced by 21 paise in Delhi and 20 paise in Mumbai, diesel witnessed a reduction of 18 paise in the national capital and 19 paise in Mumbai.</p>

<p>Diesel prices were revised to Rs 72.89 per litre in Delhi and Rs 76.38 per litre in Mumbai.</p>

<p>Petrol prices on Wednesday were recorded at Rs 78.42 per litre in Delhi, Rs 80.33 in Kolkata, Rs 83.92 in Mumbai and Rs 81.46 in Chennai.</p>

<p>While diesel prices were recorded at Rs 73.07 per litre in Delhi, Rs 74.93 in Kolkata, Rs 76.57 in Mumbai and Rs 77.24 in Chennai.</p>

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 78.21 per litre (decrease by Rs 0.21) and Rs 72.89 per litre (decrease by Rs 0.18), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 83.72 per litre (decrease by Rs 0.20) and Rs 76.38 per litre (decrease by Rs 0.19), respectively. <a href="https://t.co/EKBBGQiOxj">pic.twitter.com/EKBBGQiOxj</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1060330686714970113?ref_src=twsrc%5Etfw">November 8, 2018</a></blockquote>
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<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>

<p>&nbsp;</p>

<p>&nbsp;</p>


Fuel prices in the country continued to decline on Thursday with prices of petrol reaching Rs 78.21 per litre in Delhi and Rs 83.72 per litre in Mumbai. While petrol reduced by 21 paise in Delhi and 20 paise in Mumbai, diesel witnessed a reduction of 18 paise in the national capital and 19 paise in Mumbai.

Fuel prices in the country continued to decline on Thursday with prices of petrol reaching Rs 78.21 per litre in Delhi and Rs 83.72 per litre in Mumbai. While petrol reduced by 21 paise in Delhi and 20 paise in Mumbai, diesel witnessed a reduction of 18 paise in the national capital and 19 paise in Mumbai. Diesel prices were revised to Rs 72.89 per litre in Delhi and Rs 76.38 per litre in Mumbai. Petrol prices on Wednesday were recorded at Rs 78.42 per litre in Delhi, Rs 80.33 in Kolkata, Rs 83.92 in Mumbai and Rs 81.46 in Chennai. While diesel prices were recorded at Rs 73.07 per litre in Delhi, Rs 74.93 in Kolkata, Rs 76.57 in Mumbai and Rs 77.24 in Chennai. Petrol and diesel prices in #Delhi are Rs 78.21 per litre (decrease by Rs 0.21) and Rs 72.89 per litre (decrease by Rs 0.18), respectively. Petrol and diesel prices in #Mumbai are Rs 83.72 per litre (decrease by Rs 0.20) and Rs 76.38 per litre (decrease by Rs 0.19), respectively. pic.twitter.com/EKBBGQiOxj — ANI (@ANI) November 8, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Fuel prices down again, petrol at Rs 78.21 per litre in Delhi, Rs 83.72 in Mumbai

<p>Petrol and diesel prices in New Delhi witnessed a fall of 14 paise and 9 paise respectively on Tuesday as compared to Monday.</p>

<p>Petrol is now being sold at Rs 78.42 per litre, while diesel is being retailed at Rs 73.07 per litre in the national capital.</p>

<p>In Mumbai, the prices of petrol and diesel are Rs 83.92 per litre (decrease by Rs 0.14) and Rs 76.57 per litre (decrease by Rs 0.10), respectively.</p>

<p>In Chennai, petrol and diesel prices were at Rs 81.46 per litre and Rs 77.24 per litre respectively. While in Kolkata, petrol and diesel prices were at Rs 80.33 per litre and Rs 74.93 per litre respectively.&nbsp;</p>

<p>Oil prices fell on Monday as the start to US&nbsp;sanctions against Iran`s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily.</p>

<p>Fuel prices had earlier witnessed a relentless hike in the country, burning a hole in the commuter's pocket.</p>

<p>In this regard, Union Finance Minister Arun Jaitley had on October 4 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre and urged respective state governments to slash the same amount at their end.</p>


Petrol and diesel prices in New Delhi witnessed a fall of 14 paise and 9 paise respectively on Tuesday as compared to Monday. Petrol is now being sold at Rs 78.42 per litre, while diesel is being retailed at Rs 73.

Petrol and diesel prices in New Delhi witnessed a fall of 14 paise and 9 paise respectively on Tuesday as compared to Monday. Petrol is now being sold at Rs 78.42 per litre, while diesel is being retailed at Rs 73.07 per litre in the national capital. In Mumbai, the prices of petrol and diesel are Rs 83.92 per litre (decrease by Rs 0.14) and Rs 76.57 per litre (decrease by Rs 0.10), respectively. In Chennai, petrol and diesel prices were at Rs 81.46 per litre and Rs 77.24 per litre respectively. While in Kolkata, petrol and diesel prices were at Rs 80.33 per litre and Rs 74.93 per litre respectively. Oil prices fell on Monday as the start to US sanctions against Iran`s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily. Fuel prices had earlier witnessed a relentless hike in the country, burning a hole in the commuter's pocket. In this regard, Union Finance Minister Arun Jaitley had on October 4 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre and urged respective state governments to slash the same amount at their end.

Fuel pries down again, petrol at Rs 78.42 per litre in Delhi, diesel at Rs 73.07 per litre

<p>Fuel prices in the country continued to decline on Monday with the price of petrol reaching Rs 78.56 per litre in Delhi and Rs 84.06 per litre in Mumbai.</p>

<p>While the prices of petrol reduced by 22 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai.</p>

<p>Diesel prices&nbsp;were&nbsp;revised to Rs Rs 73.16 per litre in Delhi and Rs 76.67 per litre in Mumbai.</p>

<p>Petrol prices on Sunday were recorded at Rs 78.78 per litre in Delhi, Rs 80.68 in Kolkata, Rs 84.28 in Mumbai and Rs 81.84 in Chennai.</p>

<p>While diesel prices were recorded at Rs 73.36 per litre in Delhi, Rs 75.22 in Kolkata, Rs 76.88 in Mumbai and Rs 77.55 in Chennai.</p>

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 78.56 per litre (decrease by Rs 0.22) and Rs 73.16 per litre (decrease by Rs 0.20), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 84.06 per litre (decrease by Rs 0.22) and Rs 76.67 per litre (decrease by Rs 0.21), respectively. <a href="https://t.co/qeniXI7nMs">pic.twitter.com/qeniXI7nMs</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1059249218689351681?ref_src=twsrc%5Etfw">November 5, 2018</a></blockquote>
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<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>


Fuel prices in the country continued to decline on Monday with the price of petrol reaching Rs 78.56 per litre in Delhi and Rs 84.06 per litre in Mumbai. While the prices of petrol reduced by 22 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai.

Fuel prices in the country continued to decline on Monday with the price of petrol reaching Rs 78.56 per litre in Delhi and Rs 84.06 per litre in Mumbai. While the prices of petrol reduced by 22 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai. Diesel prices were revised to Rs Rs 73.16 per litre in Delhi and Rs 76.67 per litre in Mumbai. Petrol prices on Sunday were recorded at Rs 78.78 per litre in Delhi, Rs 80.68 in Kolkata, Rs 84.28 in Mumbai and Rs 81.84 in Chennai. While diesel prices were recorded at Rs 73.36 per litre in Delhi, Rs 75.22 in Kolkata, Rs 76.88 in Mumbai and Rs 77.55 in Chennai. Petrol and diesel prices in #Delhi are Rs 78.56 per litre (decrease by Rs 0.22) and Rs 73.16 per litre (decrease by Rs 0.20), respectively. Petrol and diesel prices in #Mumbai are Rs 84.06 per litre (decrease by Rs 0.22) and Rs 76.67 per litre (decrease by Rs 0.21), respectively. pic.twitter.com/qeniXI7nMs — ANI (@ANI) November 5, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Fuel prices further slashed; petrol selling at Rs 78.56 per litre, diesel 73.16 in Delhi

<p>Fuel prices in the country reduced further on Saturday with prices of petrol reaching Rs 78.99 per litre&nbsp;in Delhi and Rs 84.49 per litre in Mumbai.</p>

<p>While the prices of petrol reduced by 19 paise in both the states, diesel prices reduced by 11 paise in Delhi and 12 paise in Mumbai.</p>

<p>The prices of diesel were revised to Rs 73.53 per litre in Delhi and Rs 77.06 per litre in Mumbai.</p>

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 78.99 (decrease by Rs 0.19) and Rs 73.53 per litre (decrease by Rs 0.11), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 84.49 per litre (decrease by Rs 0.19) and Rs 77.06 per litre (decrease by Rs 0.12), respectively. <a href="https://t.co/WstGj5FDjp">pic.twitter.com/WstGj5FDjp</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1058525644202696704?ref_src=twsrc%5Etfw">November 3, 2018</a></blockquote>
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<p>Petrol prices on Thursday were recorded at Rs 79.18 per litre&nbsp;in Delhi, Rs 81.08 in Kolkata, Rs 84.68 in Mumbai and Rs 82.26 in Chennai.</p>

<p>While diesel prices were recorded at Rs 73.64 per litre in Delhi, Rs 75.50 in Kolkata, Rs 77.18 in Mumbai and Rs 77.85 in Chennai.</p>

<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>


Fuel prices in the country reduced further on Saturday with prices of petrol reaching Rs 78.99 per litre in Delhi and Rs 84.49 per litre in Mumbai. While the prices of petrol reduced by 19 paise in both the states, diesel prices reduced by 11 paise in Delhi and 12 paise in Mumbai.

Fuel prices in the country reduced further on Saturday with prices of petrol reaching Rs 78.99 per litre in Delhi and Rs 84.49 per litre in Mumbai. While the prices of petrol reduced by 19 paise in both the states, diesel prices reduced by 11 paise in Delhi and 12 paise in Mumbai. The prices of diesel were revised to Rs 73.53 per litre in Delhi and Rs 77.06 per litre in Mumbai. Petrol and diesel prices in #Delhi are Rs 78.99 (decrease by Rs 0.19) and Rs 73.53 per litre (decrease by Rs 0.11), respectively. Petrol and diesel prices in #Mumbai are Rs 84.49 per litre (decrease by Rs 0.19) and Rs 77.06 per litre (decrease by Rs 0.12), respectively. pic.twitter.com/WstGj5FDjp — ANI (@ANI) November 3, 2018 × Petrol prices on Thursday were recorded at Rs 79.18 per litre in Delhi, Rs 81.08 in Kolkata, Rs 84.68 in Mumbai and Rs 82.26 in Chennai. While diesel prices were recorded at Rs 73.64 per litre in Delhi, Rs 75.50 in Kolkata, Rs 77.18 in Mumbai and Rs 77.85 in Chennai. The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Petrol prices drop by 19 paise, reach Rs 78.99 per litre in Delhi, Rs 84.49 per litre in Mumbai

<p>Petrol prices continued to reduce on Thursday with the price reaching Rs 79.37 per litre in Delhi and Rs 84.86 per litre in Mumbai.</p>

<p>While the prices of petrol reduced by 18 paise in Delhi and 16 paise in Mumbai, the price of diesel remained unchanged on Thursday.</p>

<p>The prices of diesel were recorded as Rs 73.78 per litre in Delhi and Rs 77.32 per litre in Mumbai.</p>

<p>Petrol price in the national capital was revised to 79.55 per litre on Tuesday while diesel price to Rs 73.78 per litre.</p>

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet" data-lang="en">
<p dir="ltr" lang="en">Petrol &amp; diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> today are Rs 79.37 per litre (decrease by Rs 0.18) and Rs 73.78 per litre, respectively. Petrol &amp; diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> today are Rs 84.86 per litre (decrease by Rs 0.16) and Rs 77.32 per litre,respectively. <a href="https://t.co/0nbqXnqiSc">pic.twitter.com/0nbqXnqiSc</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1057796983606444032?ref_src=twsrc%5Etfw">November 1, 2018</a></blockquote>
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<p>The prices of petrol were recorded at Rs 81.43 in Kolkata, Rs 85.04 in Mumbai and Rs 82.65 in Chennai on Tuesday.</p>

<p>Fuel prices in the country remained unchanged on Wednesday after reducing for thirteen consecutive days.</p>

<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>

<p>&nbsp;</p>


Petrol prices continued to reduce on Thursday with the price reaching Rs 79.37 per litre in Delhi and Rs 84.86 per litre in Mumbai. While the prices of petrol reduced by 18 paise in Delhi and 16 paise in Mumbai, the price of diesel remained unchanged on Thursday.

Petrol prices continued to reduce on Thursday with the price reaching Rs 79.37 per litre in Delhi and Rs 84.86 per litre in Mumbai. While the prices of petrol reduced by 18 paise in Delhi and 16 paise in Mumbai, the price of diesel remained unchanged on Thursday. The prices of diesel were recorded as Rs 73.78 per litre in Delhi and Rs 77.32 per litre in Mumbai. Petrol price in the national capital was revised to 79.55 per litre on Tuesday while diesel price to Rs 73.78 per litre. Petrol & diesel prices in #Delhi today are Rs 79.37 per litre (decrease by Rs 0.18) and Rs 73.78 per litre, respectively. Petrol & diesel prices in #Mumbai today are Rs 84.86 per litre (decrease by Rs 0.16) and Rs 77.32 per litre,respectively. pic.twitter.com/0nbqXnqiSc — ANI (@ANI) November 1, 2018 × The prices of petrol were recorded at Rs 81.43 in Kolkata, Rs 85.04 in Mumbai and Rs 82.65 in Chennai on Tuesday. Fuel prices in the country remained unchanged on Wednesday after reducing for thirteen consecutive days. The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Petrol prices drop by 18 paise in Delhi, 16 paise in Mumbai

<p>Fuel prices in the country remained unchanged on Wednesday after reducing for thirteen consecutive days.</p>

<p>Petrol price in the national capital was revised to 79.55 per litre on Tuesday while diesel price to Rs 73.78 per litre.</p>

<p>The prices of petrol were recorded at Rs 81.43 in Kolkata, Rs 85.04 in Mumbai and Rs 82.65 in Chennai on Tuesday.</p>

<p>Petrol price in the national capital&nbsp;reduced to over 3 Rs in the last 13 days, while diesel witnessed a reduction of Rs 1.91.</p>

<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p><br />
&nbsp;</p>


Fuel prices in the country remained unchanged on Wednesday after reducing for thirteen consecutive days. Petrol price in the national capital was revised to 79.55 per litre on Tuesday while diesel price to Rs 73.

Fuel prices in the country remained unchanged on Wednesday after reducing for thirteen consecutive days. Petrol price in the national capital was revised to 79.55 per litre on Tuesday while diesel price to Rs 73.78 per litre. The prices of petrol were recorded at Rs 81.43 in Kolkata, Rs 85.04 in Mumbai and Rs 82.65 in Chennai on Tuesday. Petrol price in the national capital reduced to over 3 Rs in the last 13 days, while diesel witnessed a reduction of Rs 1.91. The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.

After 13 consecutive days of price cuts, fuel prices remain unchanged today

<p>Fuel prices in the national capital dropped for the thirteenth consecutive day on Tuesday as petrol prices stood at Rs 79.55 per litre, down by Rs 0.20 paise, and diesel prices at Rs. 73.73, down by Rs 0.07 paise.</p>

<p>In Mumbai, petrol and diesel prices today were recorded at Rs 85.04 per litre, down by Rs 0.20, and Rs 77.32 per litre, down by Rs 0.08, respectively.</p>

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<p dir="ltr" lang="en">Petrol &amp; diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> today are Rs 79.55 per litre (decrease by Rs 0.20) &amp; Rs 73.78 per litre (decrease by Rs 0.07),respectively. Petrol &amp; diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> today are Rs 85.04 per litre(decrease by Rs 0.20) &amp;Rs 77.32 per litre (decrease by Rs 0.08), respectively <a href="https://t.co/YPLiifxBMg">pic.twitter.com/YPLiifxBMg</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1057073880823664640?ref_src=twsrc%5Etfw">October 30, 2018</a></blockquote>
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<p>Before fuel rates started falling on October 18, petrol and diesel prices had touched unprecedented levels across the country. While petrol touched a record high of Rs 84 per litre, diesel prices went up to Rs 75.45 a litre in Delhi on October 4.</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p>After crossing US $86 per barrel, Brent crude oil prices have eased. Last week, Brent crude oil came down below $76 per barrel.&nbsp;</p>

<p>According to Bloomberg, Brent crude was selling at US $77.58 per barrel on Monday.<br />
&nbsp;</p>


Fuel prices in the national capital dropped for the thirteenth consecutive day on Tuesday as petrol prices stood at Rs 79.55 per litre, down by Rs 0.20 paise, and diesel prices at Rs.

Fuel prices in the national capital dropped for the thirteenth consecutive day on Tuesday as petrol prices stood at Rs 79.55 per litre, down by Rs 0.20 paise, and diesel prices at Rs. 73.73, down by Rs 0.07 paise. In Mumbai, petrol and diesel prices today were recorded at Rs 85.04 per litre, down by Rs 0.20, and Rs 77.32 per litre, down by Rs 0.08, respectively. Petrol & diesel prices in #Delhi today are Rs 79.55 per litre (decrease by Rs 0.20) & Rs 73.78 per litre (decrease by Rs 0.07),respectively. Petrol & diesel prices in #Mumbai today are Rs 85.04 per litre(decrease by Rs 0.20) &Rs 77.32 per litre (decrease by Rs 0.08), respectively pic.twitter.com/YPLiifxBMg — ANI (@ANI) October 30, 2018 × Before fuel rates started falling on October 18, petrol and diesel prices had touched unprecedented levels across the country. While petrol touched a record high of Rs 84 per litre, diesel prices went up to Rs 75.45 a litre in Delhi on October 4. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. After crossing US $86 per barrel, Brent crude oil prices have eased. Last week, Brent crude oil came down below $76 per barrel. According to Bloomberg, Brent crude was selling at US $77.58 per barrel on Monday.

Fuel prices continue to drop, petrol at Rs 79.55 per litre in Delhi

<p>Fuel prices in the country declined for the twelfth consecutive day on Monday with the price of petrol reaching Rs 79.75 per litre in Delhi and Rs 85.24 per litre in Mumbai.</p>

<p>While the price&nbsp;of petrol reduced by 30 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai.</p>

<p>The price&nbsp;of diesel&nbsp;was revised to Rs 73.85 per litre in Delhi and Rs 77.40 in Mumbai.</p>

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<p dir="ltr" lang="en">Petrol&amp;diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> today are Rs 79.75 per litre (decrease by Rs 0.30) &amp; Rs 73.85 per litre (decrease by Rs 0.20), respectively. Petrol&amp;diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> today are Rs 85.24 per litre (decrease by Rs 0.30) &amp; Rs 77.40 per litre (decrease by Rs 0.21), respectively. <a href="https://t.co/ue528vFvBw">pic.twitter.com/ue528vFvBw</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1056706088714846208?ref_src=twsrc%5Etfw">October 29, 2018</a></blockquote>
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<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>


Fuel prices in the country declined for the twelfth consecutive day on Monday with the price of petrol reaching Rs 79.75 per litre in Delhi and Rs 85.24 per litre in Mumbai.

Fuel prices in the country declined for the twelfth consecutive day on Monday with the price of petrol reaching Rs 79.75 per litre in Delhi and Rs 85.24 per litre in Mumbai. While the price of petrol reduced by 30 paise in the two states, diesel witnessed a reduction of 20 paise in Delhi and 21 paise in Mumbai. The price of diesel was revised to Rs 73.85 per litre in Delhi and Rs 77.40 in Mumbai. Petrol&diesel prices in #Delhi today are Rs 79.75 per litre (decrease by Rs 0.30) & Rs 73.85 per litre (decrease by Rs 0.20), respectively. Petrol&diesel prices in #Mumbai today are Rs 85.24 per litre (decrease by Rs 0.30) & Rs 77.40 per litre (decrease by Rs 0.21), respectively. pic.twitter.com/ue528vFvBw — ANI (@ANI) October 29, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Fuel prices decline for 12th day, petrol reaches Rs 79.75/ litre in Delhi

<p>Fuel prices declined for the eleventh consecutive day on Sunday with the price of petrol reaching Rs 80.05 per litre, while that of diesel to Rs 74.05 per litre.</p>

<p>The price of petrol in the national capital was reduced by 40 paise and diesel by 33 paise.</p>

<p>The price of petrol in Mumbai reached&nbsp;Rs 85.54 while diesel to Rs 77.61 per litre by reducing 39 paise and 35 paise respectively.</p>

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<p dir="ltr" lang="en">Petrol&amp;diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> today are Rs 80.05 per litre (decrease by Rs 0.40) &amp; Rs 74.05 per litre (decrease by Rs 0.33), respectively. Petrol&amp;diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> today are Rs 85.54 per litre (decrease by Rs 0.39) &amp; Rs 77.61 per litre (decrease by Rs 0.35), respectively. <a href="https://t.co/4LEfw9bTZD">pic.twitter.com/4LEfw9bTZD</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1056345356806578176?ref_src=twsrc%5Etfw">October 28, 2018</a></blockquote>
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<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p>(With inputs from agencies)<br />
&nbsp;</p>


Fuel prices declined for the eleventh consecutive day on Sunday with the price of petrol reaching Rs 80.05 per litre, while that of diesel to Rs 74.05 per litre.

Fuel prices declined for the eleventh consecutive day on Sunday with the price of petrol reaching Rs 80.05 per litre, while that of diesel to Rs 74.05 per litre. The price of petrol in the national capital was reduced by 40 paise and diesel by 33 paise. The price of petrol in Mumbai reached Rs 85.54 while diesel to Rs 77.61 per litre by reducing 39 paise and 35 paise respectively. Petrol&diesel prices in #Delhi today are Rs 80.05 per litre (decrease by Rs 0.40) & Rs 74.05 per litre (decrease by Rs 0.33), respectively. Petrol&diesel prices in #Mumbai today are Rs 85.54 per litre (decrease by Rs 0.39) & Rs 77.61 per litre (decrease by Rs 0.35), respectively. pic.twitter.com/4LEfw9bTZD — ANI (@ANI) October 28, 2018 × The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Petrol prices drop by 40 paise in Delhi, 39 in Mumbai

<p>Fuel prices in the country witnessed further reduction on Saturday with prices of petrol being revised to Rs 80.45 in Delhi and Rs 85.93 in Mumbai after a decrease of 40 paise.</p>

<p>With a reduction of 35 paise in Delhi and 37 paise in Mumbai, the price&nbsp;of diesel reached Rs 74.38 per litre in Delhi and Rs 77.96 in Mumbai.</p>

<p>The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2&nbsp;announced a reduction of Rs 2.50 per litre on both petrol and diesel prices.</p>

<p>The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>

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<p dir="ltr" lang="en">Petrol&amp;diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> today are Rs 80.45 per litre (decrease by Rs 0.40) &amp; Rs 74.38 per litre (decrease by Rs 0.35), respectively. Petrol&amp;diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> today are Rs 85.93 per litre (decrease by Rs 0.40) &amp; Rs 77.96 per litre (decrease by Rs 0.37), respectively. <a href="https://t.co/lNbL1hq6Ui">pic.twitter.com/lNbL1hq6Ui</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1055982244182048769?ref_src=twsrc%5Etfw">October 27, 2018</a></blockquote>
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<p>The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>


Fuel prices in the country witnessed further reduction on Saturday with prices of petrol being revised to Rs 80.45 in Delhi and Rs 85.93 in Mumbai after a decrease of 40 paise.

Fuel prices in the country witnessed further reduction on Saturday with prices of petrol being revised to Rs 80.45 in Delhi and Rs 85.93 in Mumbai after a decrease of 40 paise. With a reduction of 35 paise in Delhi and 37 paise in Mumbai, the price of diesel reached Rs 74.38 per litre in Delhi and Rs 77.96 in Mumbai. The fuel prices in the country have witnessed a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. In a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley on October 2 announced a reduction of Rs 2.50 per litre on both petrol and diesel prices. The ministry had curbed the excise duty on the commodity by Rs 1.50 per litre. Petrol&diesel prices in #Delhi today are Rs 80.45 per litre (decrease by Rs 0.40) & Rs 74.38 per litre (decrease by Rs 0.35), respectively. Petrol&diesel prices in #Mumbai today are Rs 85.93 per litre (decrease by Rs 0.40) & Rs 77.96 per litre (decrease by Rs 0.37), respectively. pic.twitter.com/lNbL1hq6Ui — ANI (@ANI) October 27, 2018 × The fuel rate in the country is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise the prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. (With inputs from agencies)

Petrol prices drop 40 paise in Delhi, Mumbai

<p>Fule prices witnessed further reduction on Friday, providing some relief to consumers from relentless rate hikes.</p>

<p>The petrol price in Delhi was revised to Rs 80.85 per litre, while that in Mumbai was Rs 86.33 per litre after a reduction of 25 paise.</p>

<p>Diesel, on the other hand, is being sold seven paise lower at Rs 74.73 per litre in Delhi, while the price of diesel in Mumbai has been reduced by eight paise to retail at Rs 78.33 per litre.</p>

<p>The fuel prices had been witnessing a relentless hike since the past few months in the country, burning a hole in the commuter's pocket.</p>

<p>On October 4, in a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley had announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.&nbsp;</p>


Fule prices witnessed further reduction on Friday, providing some relief to consumers from relentless rate hikes. The petrol price in Delhi was revised to Rs 80.

Fule prices witnessed further reduction on Friday, providing some relief to consumers from relentless rate hikes. The petrol price in Delhi was revised to Rs 80.85 per litre, while that in Mumbai was Rs 86.33 per litre after a reduction of 25 paise. Diesel, on the other hand, is being sold seven paise lower at Rs 74.73 per litre in Delhi, while the price of diesel in Mumbai has been reduced by eight paise to retail at Rs 78.33 per litre. The fuel prices had been witnessing a relentless hike since the past few months in the country, burning a hole in the commuter's pocket. On October 4, in a bid to ease the crunch caused by soaring fuel prices, finance minister Arun Jaitley had announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.

Fuel prices continue to decline; Petrol at Rs 80.85 per litre, Diesel at Rs 74.73 per litre in Delhi

<p>For the sixth consecutive day in a row, petrol and diesel prices were cut in the range of 07-10 paise across metro cities on Tuesday (October 23, 2018).</p>

<p>Today petrol is priced at Rs 81.34 per litre (decrease by Rs 0.10) and Rs 74.85 per litre (decrease by Rs 0.07), respectively in Delhi.</p>

<p>Petrol and diesel prices in Mumbai are Rs 86.81 per litre (decrease by Rs 0.10) and Rs 78.46 per litre (decrease by Rs 0.08), respectively.</p>

<p>Currently, fuel rate is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p>Yesterday, Petrol pumps in Delhi will remain shut today in protest against the Delhi government's refusal to reduce VAT on fuels. Along with the pump, CNG dispensing units will also remain shut.</p>

<p>There are about 400 petrol pumps in Delhi which also have linked compressed natural gas (CNG) stations and all of them will remain closed for nearly 24 hours in protest from 6 am onwards on October 22 and remain closed till 5 am on October 23, the Delhi Petrol Dealers Association (DPDA) said in a statement.</p>


For the sixth consecutive day in a row, petrol and diesel prices were cut in the range of 07-10 paise across metro cities on Tuesday (October 23, 2018). Today petrol is priced at Rs 81.

For the sixth consecutive day in a row, petrol and diesel prices were cut in the range of 07-10 paise across metro cities on Tuesday (October 23, 2018). Today petrol is priced at Rs 81.34 per litre (decrease by Rs 0.10) and Rs 74.85 per litre (decrease by Rs 0.07), respectively in Delhi. Petrol and diesel prices in Mumbai are Rs 86.81 per litre (decrease by Rs 0.10) and Rs 78.46 per litre (decrease by Rs 0.08), respectively. Currently, fuel rate is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. Yesterday, Petrol pumps in Delhi will remain shut today in protest against the Delhi government's refusal to reduce VAT on fuels. Along with the pump, CNG dispensing units will also remain shut. There are about 400 petrol pumps in Delhi which also have linked compressed natural gas (CNG) stations and all of them will remain closed for nearly 24 hours in protest from 6 am onwards on October 22 and remain closed till 5 am on October 23, the Delhi Petrol Dealers Association (DPDA) said in a statement.

Petrol, diesel prices cut for sixth consecutive day

<p>Petrol and diesel prices have been slashed across India and as of today petrol is priced at Rs 81.44 per litre (decrease by Rs 0.30) and diesel is priced at Rs 74.92 per litre (decrease by Rs 0.27), respectively in Delhi.&nbsp;</p>

<p>Petrol and diesel prices in Mumbai are Rs 86.91 per litre (decrease by Rs 0.30) and Rs 78.54 per litre (decrease by Rs 0.28), respectively.</p>

<p>Currently, fuel rate is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p>Globally, oil prices rose on Friday on signs of surging demand in China, the world's second-largest oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity, reported news agency Reuters.</p>

<p><em>(With inputs from agencies)</em></p>


Petrol and diesel prices have been slashed across India and as of today petrol is priced at Rs 81.44 per litre (decrease by Rs 0.30) and diesel is priced at Rs 74.

Petrol and diesel prices have been slashed across India and as of today petrol is priced at Rs 81.44 per litre (decrease by Rs 0.30) and diesel is priced at Rs 74.92 per litre (decrease by Rs 0.27), respectively in Delhi. Petrol and diesel prices in Mumbai are Rs 86.91 per litre (decrease by Rs 0.30) and Rs 78.54 per litre (decrease by Rs 0.28), respectively. Currently, fuel rate is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. Globally, oil prices rose on Friday on signs of surging demand in China, the world's second-largest oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity, reported news agency Reuters. (With inputs from agencies)

Petrol and diesel prices go down for the fifth consecutive day

<p>With diesel becoming costlier than petrol in Odisha, the ruling Biju Janata Dal and the opposition Congress Sunday blamed the "faulty" policy of the central government for the rise in the price of diesel.</p>

<p>A litre of diesel cost 12 paise more than that of petrol in Bhubaneswar on Sunday with diesel being sold at Rs 80.69 per litre while petrol cost 80.57 per litre.</p>

<p>Utkal Petroleum Dealers Association general secretary Sanjay Lath said that this was the first time that the price of diesel surpassed that of petrol in Odisha.</p>

<p>Lath said while other states have different VAT rates for petrol and diesel, Odisha charges a uniform 26 per cent VAT on both.</p>

<p>He claimed that there has been a decline in the sale of diesel in Odisha because of the high prices of the fuel.</p>

<p>Odisha Finance Minister S B Behera said, "This imbalance is mostly due to a faulty policy of the BJP-led NDA government at the Centre ... There could be a tactical understanding between the central government and oil marketing companies."</p>

<p>Behera feared that the prices of essential commodities will also go up because of the increase in diesel price.</p>

<p>Senior Congress leader Arya Gyanendra said, "There is an inefficient government at the Centre which failed to regulate fuel price, particularly diesel ..."</p>

<p>BJP state general secretary Prithviraj Harichandan said, "Finance minister (Behera) should be judicious while making a statement on an important issue. Everybody in the country knows the reason behind the rise in the prices of fuel. While 13 states have reduced VAT on the fuel, Odisha government is yet taking a decision in this regard."</p>

<p>Oil Minister Dharmendra Pradhan, who is from Odisha, Sunday again asked the state government to reduce the rate of the VAT to give relief to people.</p>

<p>Odisha Byabasai Mahasangha secretary Sudhakar Panda too feared that the price of essential commodities in the state will go up due to the high rate of diesel.</p>


With diesel becoming costlier than petrol in Odisha, the ruling Biju Janata Dal and the opposition Congress Sunday blamed the "faulty" policy of the central government for the rise in the price of diesel.

With diesel becoming costlier than petrol in Odisha, the ruling Biju Janata Dal and the opposition Congress Sunday blamed the "faulty" policy of the central government for the rise in the price of diesel. A litre of diesel cost 12 paise more than that of petrol in Bhubaneswar on Sunday with diesel being sold at Rs 80.69 per litre while petrol cost 80.57 per litre. Utkal Petroleum Dealers Association general secretary Sanjay Lath said that this was the first time that the price of diesel surpassed that of petrol in Odisha. Lath said while other states have different VAT rates for petrol and diesel, Odisha charges a uniform 26 per cent VAT on both. He claimed that there has been a decline in the sale of diesel in Odisha because of the high prices of the fuel. Odisha Finance Minister S B Behera said, "This imbalance is mostly due to a faulty policy of the BJP-led NDA government at the Centre ... There could be a tactical understanding between the central government and oil marketing companies." Behera feared that the prices of essential commodities will also go up because of the increase in diesel price. Senior Congress leader Arya Gyanendra said, "There is an inefficient government at the Centre which failed to regulate fuel price, particularly diesel ..." BJP state general secretary Prithviraj Harichandan said, "Finance minister (Behera) should be judicious while making a statement on an important issue. Everybody in the country knows the reason behind the rise in the prices of fuel. While 13 states have reduced VAT on the fuel, Odisha government is yet taking a decision in this regard." Oil Minister Dharmendra Pradhan, who is from Odisha, Sunday again asked the state government to reduce the rate of the VAT to give relief to people. Odisha Byabasai Mahasangha secretary Sudhakar Panda too feared that the price of essential commodities in the state will go up due to the high rate of diesel.

Diesel now more expensive than petrol in Odisha

<p>Petrol and diesel prices have been slashed across India and as of today petrol is priced at Rs 81.74 per litre (decrease by Rs 0.25) and diesel is priced at Rs 75.19 per litre (decrease by Rs 0.17), respectively in Delhi.&nbsp;</p>

<p>Petrol and diesel prices in Mumbai are Rs 87.21 per litre (decrease by Rs 0.25) and Rs 78.82 per litre (decrease by Rs 0.18), respectively.</p>

<p>Currently, fuel rate is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.&nbsp;</p>

<p>The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly.&nbsp;</p>

<p>Globally, oil prices rose on Friday on signs of surging demand in China, the world's second-largest oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity, reported news agency Reuters.<br />
<br />
(With inputs from agencies)</p>


Petrol and diesel prices have been slashed across India and as of today petrol is priced at Rs 81.74 per litre (decrease by Rs 0.25) and diesel is priced at Rs 75.

Petrol and diesel prices have been slashed across India and as of today petrol is priced at Rs 81.74 per litre (decrease by Rs 0.25) and diesel is priced at Rs 75.19 per litre (decrease by Rs 0.17), respectively in Delhi. Petrol and diesel prices in Mumbai are Rs 87.21 per litre (decrease by Rs 0.25) and Rs 78.82 per litre (decrease by Rs 0.18), respectively. Currently, fuel rate is revised every single day based on global oil prices. State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis. The government allowed revision of fuel rates on a daily basis since mid-June last year to reflect changes in costs instantly. Globally, oil prices rose on Friday on signs of surging demand in China, the world's second-largest oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity, reported news agency Reuters. (With inputs from agencies)

Petrol and diesel prices go down for the fourth consecutive day

<p>Amid a reduction in global crude oil prices, fuel prices across the country witnessed further reduction on Saturday, bringing citizens much-needed relief from skyrocketing fares.</p>

<p>The petrol price in Delhi was revised to Rs 81.99 per litre after a decrease of 39 paise, while that in Mumbai was Rs 87.46 per litre after a 38 paise reduction.&nbsp;</p>

<p>Diesel, on the other hand, is being sold 12 paise lower at Rs 75.36 per litre in Delhi, while the price of diesel in Mumbai has been reduced by 13 paise to retail at Rs 79 per litre.</p>

<p>Fuel prices have been soaring since the past few months in the country, burning a hole in the common commuter’s pocket.</p>

<p>While the Opposition has repeatedly blamed the Centre for the steep hike in the fuel price, the latter has maintained that global crude oil prices and other international factors are responsible for the increase in prices of petroleum products.</p>

<p>As per India’s pricing mechanism, the domestic fuel prices depend upon the international fuel prices on a 15-day average and the value of the Indian rupee.</p>

<p>In a bid to ease the crunch caused by soaring fuel prices, Finance Minister Arun Jaitley had, on October 4, announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre.</p>

<p>He had also directed all state governments to slash rates.</p>


Amid a reduction in global crude oil prices, fuel prices across the country witnessed further reduction on Saturday, bringing citizens much-needed relief from skyrocketing fares.

Amid a reduction in global crude oil prices, fuel prices across the country witnessed further reduction on Saturday, bringing citizens much-needed relief from skyrocketing fares. The petrol price in Delhi was revised to Rs 81.99 per litre after a decrease of 39 paise, while that in Mumbai was Rs 87.46 per litre after a 38 paise reduction. Diesel, on the other hand, is being sold 12 paise lower at Rs 75.36 per litre in Delhi, while the price of diesel in Mumbai has been reduced by 13 paise to retail at Rs 79 per litre. Fuel prices have been soaring since the past few months in the country, burning a hole in the common commuter’s pocket. While the Opposition has repeatedly blamed the Centre for the steep hike in the fuel price, the latter has maintained that global crude oil prices and other international factors are responsible for the increase in prices of petroleum products. As per India’s pricing mechanism, the domestic fuel prices depend upon the international fuel prices on a 15-day average and the value of the Indian rupee. In a bid to ease the crunch caused by soaring fuel prices, Finance Minister Arun Jaitley had, on October 4, announced a reduction of Rs 2.50 per litre on both petrol and diesel prices after curbing excise duty on the commodity by Rs 1.50 per litre. He had also directed all state governments to slash rates.

Fuel price cut: Petrol, diesel prices slashed again by 39 paise, 13 paise per litre

Diesel and Petrol price hiked again

<p>Markets on Tuesday opened in green with BSE Sensex registering an increase of 139.23 points at 35,004.33. Nifty, on the other hand, opened at 10,550.15, 37.65 points up from Monday's closing.&nbsp;</p>

<p>Indian shares ended higher for a second straight session on Monday after a weak start, in a recovery led by IT stocks benefiting from a depreciating rupee, while consumer discretionary stocks capped the gains.</p>

<p>The benchmark BSE Sensex closed up 0.38 per cent at 34,865.10, while the broader NSE Nifty ended 0.38 per cent higher at 10,512.50, news agency Reuters reported.&nbsp;</p>

<p>Meanwhile, fuel prices in the national capital rose again with petrol amounting to Rs 82.83 per litre, up by Rs 0.11, and diesel selling at Rs 75.69 per litre, increased by Rs 0.23, respectively in the national capital.&nbsp;</p>

<p>In Mumbai, petrol and diesel prices today were recorded at Rs 88.29 per litre, up by Rs 0.11, and Rs 79.35 per litre, increased by Rs 0.24, respectively.&nbsp;</p>


Markets on Tuesday opened in green with BSE Sensex registering an increase of 139.23 points at 35,004.33. Nifty, on the other hand, opened at 10,550.15, 37.65 points up from Monday's closing.

Markets on Tuesday opened in green with BSE Sensex registering an increase of 139.23 points at 35,004.33. Nifty, on the other hand, opened at 10,550.15, 37.65 points up from Monday's closing. Indian shares ended higher for a second straight session on Monday after a weak start, in a recovery led by IT stocks benefiting from a depreciating rupee, while consumer discretionary stocks capped the gains. The benchmark BSE Sensex closed up 0.38 per cent at 34,865.10, while the broader NSE Nifty ended 0.38 per cent higher at 10,512.50, news agency Reuters reported. Meanwhile, fuel prices in the national capital rose again with petrol amounting to Rs 82.83 per litre, up by Rs 0.11, and diesel selling at Rs 75.69 per litre, increased by Rs 0.23, respectively in the national capital. In Mumbai, petrol and diesel prices today were recorded at Rs 88.29 per litre, up by Rs 0.11, and Rs 79.35 per litre, increased by Rs 0.24, respectively.

Markets open in green, Sensex up by 139.23 points at 35,004.33

<p>Fuel prices in the national capital rose again with petrol amounting to Rs 82.83 per litre, up by Rs 0.11, and diesel selling at Rs 75.69 per litre, increased by Rs 0.23, respectively in the national capital.&nbsp;</p>

<p>In Mumbai, petrol and diesel prices today were recorded at Rs 88.29 per litre, up by Rs 0.11, and Rs 79.35 per litre, increased by Rs 0.24, respectively.&nbsp;</p>

<p>Diesel prices continued to soar across the country on Monday. While Delhi and Kolkata saw a hike of 8 paise, a litre of diesel was increased by 9 paise in Mumbai and Chennai.</p>

<p>In Mumbai, diesel touched Rs 79. 11 per litre mark, while the same was retailed at Rs 79.80 per litre in Chennai.</p>

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<p dir="ltr" lang="en">Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 82.83 per litre (increase by Rs 0.11) and Rs 75.69 per litre (increase by Rs 0.23), respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 88.29 per litre (increase by Rs 0.11) and Rs 79.35 per litre (increase by Rs 0.24), respectively. <a href="https://t.co/UVAtV9wqRI">pic.twitter.com/UVAtV9wqRI</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1051995603453059072?ref_src=twsrc%5Etfw">October 16, 2018</a></blockquote>
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<p><a href="http://www.wionews.com/india-news/fuel-price-petrol-remains-stagnant-diesel-increased-by-9-paise-in-mumbai-171492">Petrol prices on Monday remained unchanged</a> at 82.74 per litre in Delhi, while in Mumbai it was priced at 88.18 per litre.</p>

<p>Meanwhile, Prime Minister Narendra Modi on Monday held a meeting with CEOs and experts from the Oil and Gas sector from both India and abroad.</p>

<p>PM Modi in the meeting highlighted the economic challenges including serious resource crunch that the consuming countries face due to rising crude oil prices.</p>

<p>The prime minister also noted the significant positioning of India in the oil and gas market and said the oil market was producer driven and quantity and prices were determined by oil-producing countries.</p>

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<p dir="ltr" lang="en">Delhi: Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 82.83 per litre (increase by Rs 0.11) and Rs 75.69 per litre (increase by Rs 0.23), respectively. Locals says, "We have no option but to bear the high fuel prices. Appeal to the Delhi government to decrease tax on fuel prices." <a href="https://t.co/QdnCsY5hkl">pic.twitter.com/QdnCsY5hkl</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1052018070624096256?ref_src=twsrc%5Etfw">October 16, 2018</a></blockquote>
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<p>He also asked the oil producers like Saudi Arabia to initiate steps to bring down rates to reasonable levels.</p>

<p>The meeting which was held in Delhi to attract private investment and raise domestic and gas oil production was attended by Union Ministers Arun Jaitley and Dharmendra Pradhan, Vice-Chairman NITI Aayog Dr. Rajiv Kumar, Mukesh Ambani among others.</p>


Fuel prices in the national capital rose again with petrol amounting to Rs 82.83 per litre, up by Rs 0.11, and diesel selling at Rs 75.69 per litre, increased by Rs 0.

Fuel prices in the national capital rose again with petrol amounting to Rs 82.83 per litre, up by Rs 0.11, and diesel selling at Rs 75.69 per litre, increased by Rs 0.23, respectively in the national capital. In Mumbai, petrol and diesel prices today were recorded at Rs 88.29 per litre, up by Rs 0.11, and Rs 79.35 per litre, increased by Rs 0.24, respectively. Diesel prices continued to soar across the country on Monday. While Delhi and Kolkata saw a hike of 8 paise, a litre of diesel was increased by 9 paise in Mumbai and Chennai. In Mumbai, diesel touched Rs 79. 11 per litre mark, while the same was retailed at Rs 79.80 per litre in Chennai. Petrol and diesel prices in #Delhi are Rs 82.83 per litre (increase by Rs 0.11) and Rs 75.69 per litre (increase by Rs 0.23), respectively. Petrol and diesel prices in #Mumbai are Rs 88.29 per litre (increase by Rs 0.11) and Rs 79.35 per litre (increase by Rs 0.24), respectively. pic.twitter.com/UVAtV9wqRI — ANI (@ANI) October 16, 2018 × Petrol prices on Monday remained unchanged at 82.74 per litre in Delhi, while in Mumbai it was priced at 88.18 per litre. Meanwhile, Prime Minister Narendra Modi on Monday held a meeting with CEOs and experts from the Oil and Gas sector from both India and abroad. PM Modi in the meeting highlighted the economic challenges including serious resource crunch that the consuming countries face due to rising crude oil prices. The prime minister also noted the significant positioning of India in the oil and gas market and said the oil market was producer driven and quantity and prices were determined by oil-producing countries. Delhi: Petrol and diesel prices in #Delhi are Rs 82.83 per litre (increase by Rs 0.11) and Rs 75.69 per litre (increase by Rs 0.23), respectively. Locals says, "We have no option but to bear the high fuel prices. Appeal to the Delhi government to decrease tax on fuel prices." pic.twitter.com/QdnCsY5hkl — ANI (@ANI) October 16, 2018 × He also asked the oil producers like Saudi Arabia to initiate steps to bring down rates to reasonable levels. The meeting which was held in Delhi to attract private investment and raise domestic and gas oil production was attended by Union Ministers Arun Jaitley and Dharmendra Pradhan, Vice-Chairman NITI Aayog Dr. Rajiv Kumar, Mukesh Ambani among others.

Fuel prices soar again, petrol sells at Rs 82.83 per litre in Delhi

<p>Amid the rising fuel price in the country, Prime Minister Modi on Monday held a meeting with CEOs and experts from the Oil and Gas sector from both India and abroad.</p>

<p>The meeting which was held in Delhi to attract private investment and raise domestic and gas oil production was attended by Union Ministers Arun Jaitley and Dharmendra Pradhan, Vice-Chairman NITI Aayog Dr. Rajiv Kumar, Mukesh Ambani among others.</p>

<p>PM Modi in the meeting&nbsp;highlighted the&nbsp;economic challenges including serious resource crunch that the consuming countries face due to rising crude oil prices.</p>

<p>He also noted that the oil market was producer driven and both the quantity and prices are determined by the oil-producing countries.&nbsp;</p>

<p>PM Modi added that though there was enough production, the unique features of marketing in the oil sector had pushed up the oil prices.</p>

<p>He also emphasised that the cooperation of oil-producing countries would be very critical to bridging this gap.</p>

<p>The prime minister also noted the significant positioning of India in the oil and gas market and said the oil market was producer driven and quantity and prices were determined by oil-producing countries.</p>

<p>He also asked the oil producers like Saudi Arabia to initiate steps to bring down rates to reasonable levels.</p>

<p>Later speaking at the meeting Saudi Oil Minister Khalid A Al-Falih raised the issue of "consumer pain" from high crude oil prices.</p>

<p>He said the consumer pain was heard loud and clear from the prime minister.&nbsp;</p>

<p>Falih added that the "pain" would have been "much louder" but the action by Saudi Arabia to invest in creating spare capacity has used to lessen price shocks.</p>

<p>"Prime minister cautioned producers like myself not to kill hen that lays golden egg, he said referring to consumers are the golden hen," Al-Falih added.</p>

<p>On technology, PM Modi appealed for assistance in areas where high pressure and high-temperature technology applications are relevant to commercial exploitation of natural gas.&nbsp;</p>

<p>He also requested for review of payment terms so as to provide temporary relief to the local currency.</p>

<p>Speaking at the event Union Minister Dharmendra Pradhan at India Energy Forum in New Delhi said, "Energy today is a global industry and oil is truly a global commodity. Hence our engagements with global energy community has to be continuous to address the challenges of transition in energy for a secured energy future".</p>

<p>Global CEOs and Experts appreciated steps taken by Government over last four years, for ease of doing business and specifically in energy sector in India. Experts made special mention of India’s competitive ranking from upstream investment point of view which has gone up from 56 to 44, ANI reported.</p>

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<p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/WATCH?src=hash&amp;ref_src=twsrc%5Etfw">#WATCH</a> Under PM Modi's stewardship, doing business in India has become significantly easier. FDI has grown and inflation is under <a href="https://t.co/N8evHq6gNi">https://t.co/N8evHq6gNi</a> other words, PM Modi is making good of his promise of 'Acche Din': Saudi Arabia Energy Minister Khalid A. Al-Falih <a href="https://t.co/4KmB32EAJU">pic.twitter.com/4KmB32EAJU</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1051784569287045120?ref_src=twsrc%5Etfw">October 15, 2018</a></blockquote>
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<p>&nbsp;</p>

<p>This was PM Modi's third meeting to revive investment in oil and gas exploration and production.</p>

<p>Modi's first meeting was on January 5, 2016, where suggestions for reforming natural gas prices were made. More than a year later, the government allowed higher natural gas price for yet-to-be-produced fields in difficult areas like deep sea.</p>

<p>In the last edition in October 2017, suggestions were made for giving out equity to foreign and private companies in producing oil and gas fields of state-owned ONGC and OIL. But the plan could not go through in view of strong opposition from Oil and Natural Gas Corp (ONGC).</p>

<p>The government is looking at private investment to raise domestic oil and gas production, which has stagnated for the last few years while fuel demand has been rising by 5-6 per cent annually.</p>

<p>India is dependent on imports to meet 83 per cent of its demand and more than half of its natural gas requirements.</p>

<p>The Prime Minister in 2015 had set a target of reducing India's oil dependence by 10 per cent to 67 per cent (based on import dependence of 77 per cent in 2014-15) by 2022. Import dependence has only increased since then and the government is now looking for ways to raise domestic output.</p>

<p>(With inputs from agencies)</p>


Amid the rising fuel price in the country, Prime Minister Modi on Monday held a meeting with CEOs and experts from the Oil and Gas sector from both India and abroad.

Amid the rising fuel price in the country, Prime Minister Modi on Monday held a meeting with CEOs and experts from the Oil and Gas sector from both India and abroad. The meeting which was held in Delhi to attract private investment and raise domestic and gas oil production was attended by Union Ministers Arun Jaitley and Dharmendra Pradhan, Vice-Chairman NITI Aayog Dr. Rajiv Kumar, Mukesh Ambani among others. PM Modi in the meeting highlighted the economic challenges including serious resource crunch that the consuming countries face due to rising crude oil prices. He also noted that the oil market was producer driven and both the quantity and prices are determined by the oil-producing countries. PM Modi added that though there was enough production, the unique features of marketing in the oil sector had pushed up the oil prices. He also emphasised that the cooperation of oil-producing countries would be very critical to bridging this gap. The prime minister also noted the significant positioning of India in the oil and gas market and said the oil market was producer driven and quantity and prices were determined by oil-producing countries. He also asked the oil producers like Saudi Arabia to initiate steps to bring down rates to reasonable levels. Later speaking at the meeting Saudi Oil Minister Khalid A Al-Falih raised the issue of "consumer pain" from high crude oil prices. He said the consumer pain was heard loud and clear from the prime minister. Falih added that the "pain" would have been "much louder" but the action by Saudi Arabia to invest in creating spare capacity has used to lessen price shocks. "Prime minister cautioned producers like myself not to kill hen that lays golden egg, he said referring to consumers are the golden hen," Al-Falih added. On technology, PM Modi appealed for assistance in areas where high pressure and high-temperature technology applications are relevant to commercial exploitation of natural gas. He also requested for review of payment terms so as to provide temporary relief to the local currency. Speaking at the event Union Minister Dharmendra Pradhan at India Energy Forum in New Delhi said, "Energy today is a global industry and oil is truly a global commodity. Hence our engagements with global energy community has to be continuous to address the challenges of transition in energy for a secured energy future". Global CEOs and Experts appreciated steps taken by Government over last four years, for ease of doing business and specifically in energy sector in India. Experts made special mention of India’s competitive ranking from upstream investment point of view which has gone up from 56 to 44, ANI reported. #WATCH Under PM Modi's stewardship, doing business in India has become significantly easier. FDI has grown and inflation is under https://t.co/N8evHq6gNi other words, PM Modi is making good of his promise of 'Acche Din': Saudi Arabia Energy Minister Khalid A. Al-Falih pic.twitter.com/4KmB32EAJU — ANI (@ANI) October 15, 2018 × This was PM Modi's third meeting to revive investment in oil and gas exploration and production. Modi's first meeting was on January 5, 2016, where suggestions for reforming natural gas prices were made. More than a year later, the government allowed higher natural gas price for yet-to-be-produced fields in difficult areas like deep sea. In the last edition in October 2017, suggestions were made for giving out equity to foreign and private companies in producing oil and gas fields of state-owned ONGC and OIL. But the plan could not go through in view of strong opposition from Oil and Natural Gas Corp (ONGC). The government is looking at private investment to raise domestic oil and gas production, which has stagnated for the last few years while fuel demand has been rising by 5-6 per cent annually. India is dependent on imports to meet 83 per cent of its demand and more than half of its natural gas requirements. The Prime Minister in 2015 had set a target of reducing India's oil dependence by 10 per cent to 67 per cent (based on import dependence of 77 per cent in 2014-15) by 2022. Import dependence has only increased since then and the government is now looking for ways to raise domestic output. (With inputs from agencies)

PM Modi tells oil-producing countries that high prices are hurting global growth

<p>Fuel prices continued to rise on Sunday across the country. The price of petrol in Delhi increased by 0.6 paise to Rs 82.74 per litre, while price rose by 0.19 paise to Rs 75.38 per litre.</p>

<p>In Mumbai, prices of petrol and diesel were hiked by 0.6 paise and 0.20 paise, respectively. Petrol now costs Rs 88.18 per litre, while diesel is priced at Rs 79.02 per litre.</p>

<p>Fuel prices have been witnessing a steep rise since the past few months. While the Opposition has repeatedly blamed the union government for not doing enough to keep a check on prices, the latter has maintained that global crude oil prices and other international factors are causing a hike in prices of petroleum products.</p>

<p>Meanwhile Prime Minister Narendra Modi met Finance Minister Arun Jaitley and Petroleum Minister Dharmendra Pradhan in Delhi to discuss petroleum issues.</p>

<p>According to reports, the discussion in the meeting focused on increasing domestic oil production, subsidy borne by oil marketing companies and reducing imports to cut down the account deficit.</p>


Fuel prices continued to rise on Sunday across the country. The price of petrol in Delhi increased by 0.6 paise to Rs 82.74 per litre, while price rose by 0.19 paise to Rs 75.

Fuel prices continued to rise on Sunday across the country. The price of petrol in Delhi increased by 0.6 paise to Rs 82.74 per litre, while price rose by 0.19 paise to Rs 75.38 per litre. In Mumbai, prices of petrol and diesel were hiked by 0.6 paise and 0.20 paise, respectively. Petrol now costs Rs 88.18 per litre, while diesel is priced at Rs 79.02 per litre. Fuel prices have been witnessing a steep rise since the past few months. While the Opposition has repeatedly blamed the union government for not doing enough to keep a check on prices, the latter has maintained that global crude oil prices and other international factors are causing a hike in prices of petroleum products. Meanwhile Prime Minister Narendra Modi met Finance Minister Arun Jaitley and Petroleum Minister Dharmendra Pradhan in Delhi to discuss petroleum issues. According to reports, the discussion in the meeting focused on increasing domestic oil production, subsidy borne by oil marketing companies and reducing imports to cut down the account deficit.

Fuel prices up again, petrol sells at Rs 88.18 in Mumbai

<p>Petrol prices in Mumbai and the national capital remained unchanged on Wednesday after a series of relentless rise over the past few weeks. Diesel, however, rose to Rs 74.35 per litre, increased by Rs 0.24 per litre, in Delhi and Rs 77.93, up by Rs 0.25 per litre, in Mumbai today.&nbsp;</p>

<p>Petrol and diesel prices in the country went up again <a href="http://www.wionews.com/business-economy/fuel-prices-rise-again-petrol-sells-at-rs-8226-per-litre-in-delhi-170311">for the second straight day in a week on Tuesday</a>. Petrol price in the national capital rose to Rs 82.26 per litre, increased by Rs 0.23, while diesel prices amounted to Rs 74.11, up by Rs 0.29 in Delhi yesterday.</p>

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<p dir="ltr" lang="en">Diesel price at Rs 74.35 per litre (increased by Rs 0.24 per litre) in Delhi and Rs 77.93 (increased by Rs 0.25 per litre) in Mumbai <a href="https://t.co/opix7Z4iWV">pic.twitter.com/opix7Z4iWV</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1049829616288972801?ref_src=twsrc%5Etfw">October 10, 2018</a></blockquote>
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<p>In Mumbai, petrol was selling for Rs 87.73 per litre on Tuesday, while diesel was priced at Rs 77.68 per litre.</p>

<p>Fuel prices have been rising unabated even after the Central government last Thursday announced a relief of Rs 2.50 on petrol and diesel prices. Various state governments also provided a relief of Rs 2.50 to give a &nbsp;cumulative relief of Rs 5 on fuel prices to the customers.&nbsp;</p>


Petrol prices in Mumbai and the national capital remained unchanged on Wednesday after a series of relentless rise over the past few weeks. Diesel, however, rose to Rs 74.

Petrol prices in Mumbai and the national capital remained unchanged on Wednesday after a series of relentless rise over the past few weeks. Diesel, however, rose to Rs 74.35 per litre, increased by Rs 0.24 per litre, in Delhi and Rs 77.93, up by Rs 0.25 per litre, in Mumbai today. Petrol and diesel prices in the country went up again for the second straight day in a week on Tuesday. Petrol price in the national capital rose to Rs 82.26 per litre, increased by Rs 0.23, while diesel prices amounted to Rs 74.11, up by Rs 0.29 in Delhi yesterday. Diesel price at Rs 74.35 per litre (increased by Rs 0.24 per litre) in Delhi and Rs 77.93 (increased by Rs 0.25 per litre) in Mumbai pic.twitter.com/opix7Z4iWV — ANI (@ANI) October 10, 2018 × In Mumbai, petrol was selling for Rs 87.73 per litre on Tuesday, while diesel was priced at Rs 77.68 per litre. Fuel prices have been rising unabated even after the Central government last Thursday announced a relief of Rs 2.50 on petrol and diesel prices. Various state governments also provided a relief of Rs 2.50 to give a cumulative relief of Rs 5 on fuel prices to the customers.

Diesel prices rise, petrol remains unchanged

<p>Petrol and diesel prices in the country went up again for the second straight day in a week on Tuesday. Petrol price in the national capital rose to Rs 82.26 per litre, increased by Rs 0.23, while diesel prices amounted to Rs 74.11, up by Rs 0.29 in Delhi today.</p>

<p>In Mumbai, petrol will be sold for Rs 87.73 per litre today, while diesel is priced at Rs 77.68 per litre.</p>

<p>Fuel prices across the country shot up again on Monday with petrol registering a hike of Rs 0.21 in the national capital at Rs 82.03. Diesel in Delhi was at Rs 73.82, an increase by Rs 0.29.&nbsp;</p>

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<p dir="ltr" lang="en">Petrol and diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 82.26 per litre (increase by Rs 0.23) and Rs 74.11 (increase by Rs 0.29) respectively. Petrol and diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 87.73 per litre (increase by Rs 0.23) and Rs 77.68 per litre (increase by Rs 0.31) respectively. <a href="https://t.co/YLSGyeNVEp">pic.twitter.com/YLSGyeNVEp</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1049458626404999169?ref_src=twsrc%5Etfw">October 9, 2018</a></blockquote>
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<p>Petrol and diesel prices in Mumbai on Monday were priced at Rs 87.50, increased by Rs 0.21, and Rs 77.37, increased by Rs 0.31, respectively.</p>

<p>Fuel prices have been rising unabated even after the Central government on Thursday announced a relief of Rs 2.50 on petrol and diesel prices. Various state governments also provided a relief of Rs 2.50 to give a &nbsp;cumulative relief of Rs 5 on fuel prices to the customers.&nbsp;</p>


Petrol and diesel prices in the country went up again for the second straight day in a week on Tuesday. Petrol price in the national capital rose to Rs 82.26 per litre, increased by Rs 0.

Petrol and diesel prices in the country went up again for the second straight day in a week on Tuesday. Petrol price in the national capital rose to Rs 82.26 per litre, increased by Rs 0.23, while diesel prices amounted to Rs 74.11, up by Rs 0.29 in Delhi today. In Mumbai, petrol will be sold for Rs 87.73 per litre today, while diesel is priced at Rs 77.68 per litre. Fuel prices across the country shot up again on Monday with petrol registering a hike of Rs 0.21 in the national capital at Rs 82.03. Diesel in Delhi was at Rs 73.82, an increase by Rs 0.29. Petrol and diesel prices in #Delhi are Rs 82.26 per litre (increase by Rs 0.23) and Rs 74.11 (increase by Rs 0.29) respectively. Petrol and diesel prices in #Mumbai are Rs 87.73 per litre (increase by Rs 0.23) and Rs 77.68 per litre (increase by Rs 0.31) respectively. pic.twitter.com/YLSGyeNVEp — ANI (@ANI) October 9, 2018 × Petrol and diesel prices in Mumbai on Monday were priced at Rs 87.50, increased by Rs 0.21, and Rs 77.37, increased by Rs 0.31, respectively. Fuel prices have been rising unabated even after the Central government on Thursday announced a relief of Rs 2.50 on petrol and diesel prices. Various state governments also provided a relief of Rs 2.50 to give a cumulative relief of Rs 5 on fuel prices to the customers.

Fuel prices rise again, petrol sells at Rs 82.26 a litre in Delhi 

<p>A ban on older diesel vehicles is the only way to bring pollution down to within permitted limits, a judge in Berlin said on Tuesday, signalling he may rule in favour of a diesel driving ban in parts of the German capital.</p>

<p>Judge Ulrich Marticke made his comments in court ahead of a ruling expected later in the day.</p>

<p>While he said the level of harmful nitrogen dioxide in the air was declining, he added there was no reasonable doubt that a ban on older diesel vehicles was the only way to cut pollution to permitted limits.</p>

<p>The case was brought against the city-state by environmental lobby group DUH, which wants Berlin to reduce air pollution by banning diesel vehicles up to the Euro 4 standard from the end of 2018 and for Euro 5 standard cars from September 2019. The latest standard is Euro 6.</p>

<p>Local broadcaster rbb reported on Friday that Berlin authorities were looking at imposing driving bans on older diesel cars on 20 streets, including major routes in the city.</p>

<p>Volkswagen's admission in 2015 that it cheated US diesel emissions tests led to the discovery that diesel vehicles from several manufacturers routinely exceed pollution limits in normal driving conditions, prompting a regulatory crackdown.</p>

<p>Environmental groups have been encouraged by a federal court ruling in February that allowed cities to ban older diesel cars.</p>

<p>A ban is due to take effect in Frankfurt, Germany's financial capital, from February. The city of Hamburg this year voluntarily blocked diesel models that fail to meet the Euro-6 emissions standard from selected trunk roads.</p>


A ban on older diesel vehicles is the only way to bring pollution down to within permitted limits, a judge in Berlin said on Tuesday, signalling he may rule in favour of a diesel driving ban in parts of the German capital.

A ban on older diesel vehicles is the only way to bring pollution down to within permitted limits, a judge in Berlin said on Tuesday, signalling he may rule in favour of a diesel driving ban in parts of the German capital. Judge Ulrich Marticke made his comments in court ahead of a ruling expected later in the day. While he said the level of harmful nitrogen dioxide in the air was declining, he added there was no reasonable doubt that a ban on older diesel vehicles was the only way to cut pollution to permitted limits. The case was brought against the city-state by environmental lobby group DUH, which wants Berlin to reduce air pollution by banning diesel vehicles up to the Euro 4 standard from the end of 2018 and for Euro 5 standard cars from September 2019. The latest standard is Euro 6. Local broadcaster rbb reported on Friday that Berlin authorities were looking at imposing driving bans on older diesel cars on 20 streets, including major routes in the city. Volkswagen's admission in 2015 that it cheated US diesel emissions tests led to the discovery that diesel vehicles from several manufacturers routinely exceed pollution limits in normal driving conditions, prompting a regulatory crackdown. Environmental groups have been encouraged by a federal court ruling in February that allowed cities to ban older diesel cars. A ban is due to take effect in Frankfurt, Germany's financial capital, from February. The city of Hamburg this year voluntarily blocked diesel models that fail to meet the Euro-6 emissions standard from selected trunk roads.

Diesel ban only way to cut pollution: Berlin

<p>Fuel prices across the country shot up again on Monday with petrol registering a hike of Rs 0.21 in the national capital at Rs 82.03. Diesel in Delhi is at Rs 73.82, an increase by Rs 0.29.&nbsp;</p>

<p>Petrol and diesel prices in Mumbai today are at Rs 87.50, increased by Rs 0.21, and Rs 77.37, increased by Rs 0.31, respectively.</p>

<p>Fuel prices have been rising unabated even after the Central government on Thursday announced a relief of Rs 2.50 on petrol and diesel prices. Various state governments also provided a relief of Rs 2.50 to give a &nbsp;cumulative relief of Rs 5 on fuel prices to the customers.&nbsp;</p>

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<p dir="ltr" lang="en">Petrol and Diesel prices in <a href="https://twitter.com/hashtag/Delhi?src=hash&amp;ref_src=twsrc%5Etfw">#Delhi</a> are Rs 82.03 per litre (increase by Rs 0.21) and Rs 73.82 (increase by Rs 0.29). Petrol and Diesel prices in <a href="https://twitter.com/hashtag/Mumbai?src=hash&amp;ref_src=twsrc%5Etfw">#Mumbai</a> are Rs 87.50 (increase by Rs 0.21) and Rs 77.37 (increase by Rs 0.31), respectively. <a href="https://t.co/YLMM5H2PDR">pic.twitter.com/YLMM5H2PDR</a></p>
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<p>The Finance Minister opened his address noting that the world crude prices this year have witnessed an all-time high. He added that Prime Minister Narendra Modi has been concerned about the escalating fuel prices in the country.&nbsp;</p>

<p>On Sunday, the price of petrol in Mumbai increased by 0.14 paise to Rs 87.29 per litre, while the price of diesel rose by 0.31 paise to Rs 77.06 per litre.</p>

<p>In Delhi, prices of petrol and diesel were hiked by 0.14 paise and 0.29 paise respectively. Petrol in Delhi was selling at Rs 81.82 a litre on Sunday while diesel was priced at Rs 73.53, according to the Indian Oil Corporation Limited.<br />
&nbsp;</p>


Fuel prices across the country shot up again on Monday with petrol registering a hike of Rs 0.21 in the national capital at Rs 82.03. Diesel in Delhi is at Rs 73.

Fuel prices across the country shot up again on Monday with petrol registering a hike of Rs 0.21 in the national capital at Rs 82.03. Diesel in Delhi is at Rs 73.82, an increase by Rs 0.29. Petrol and diesel prices in Mumbai today are at Rs 87.50, increased by Rs 0.21, and Rs 77.37, increased by Rs 0.31, respectively. Fuel prices have been rising unabated even after the Central government on Thursday announced a relief of Rs 2.50 on petrol and diesel prices. Various state governments also provided a relief of Rs 2.50 to give a cumulative relief of Rs 5 on fuel prices to the customers. Petrol and Diesel prices in #Delhi are Rs 82.03 per litre (increase by Rs 0.21) and Rs 73.82 (increase by Rs 0.29). Petrol and Diesel prices in #Mumbai are Rs 87.50 (increase by Rs 0.21) and Rs 77.37 (increase by Rs 0.31), respectively. pic.twitter.com/YLMM5H2PDR — ANI (@ANI) October 8, 2018 × The Finance Minister opened his address noting that the world crude prices this year have witnessed an all-time high. He added that Prime Minister Narendra Modi has been concerned about the escalating fuel prices in the country. On Sunday, the price of petrol in Mumbai increased by 0.14 paise to Rs 87.29 per litre, while the price of diesel rose by 0.31 paise to Rs 77.06 per litre. In Delhi, prices of petrol and diesel were hiked by 0.14 paise and 0.29 paise respectively. Petrol in Delhi was selling at Rs 81.82 a litre on Sunday while diesel was priced at Rs 73.53, according to the Indian Oil Corporation Limited.

Fuel prices rise unabated, petrol sells at Rs 82.03 in Delhi

<p>The Tamil Nadu government Monday said it may 'consider' reducing taxes on petrol and diesel, but pointed out its spending on various initiatives, including implementation of the seventh Pay Commission recommendations.</p>

<p>When asked if his state would cut taxes on petrol and diesel, Tamil Nadu Chief Minister K Palaniswami highlighted the requirement of funds for various welfare measures.</p>

<p>He was speaking to reporters here after meeting Prime Minister Narendra Modi to seek Central assistance for various initiatives in the state.</p>

<p>"In Tamil Nadu, as far as the Amma (late Jayalalithaa) government is concerned, funds are required for various departments," he noted.</p>

<p>While the state had recently okayed the implementation of 7th Pay Commission recommendation for its employees, arrears for Transport department staff was also being disbursed, he said.</p>

<p>"Welfare initiatives are happening in various departments. After creating the fund source, government will consider your plea," he told media when asked if his government would axe the tax on fuel.</p>

<p>The Centre had last week announced a Rs 2.50 a litre cut in petrol and diesel prices, factoring in excise duty reduction of Rs 1.50 per litre and asking oil companies to absorb another Re 1.</p>

<p>Many BJP- ruled states had taken a cue from this and announced tax cuts.</p>

<p>Earlier too, Palaniswami had said his government would consider reducing the state tax on petroleum products even as he had put the onus of slashing taxes on the Centre.</p>

<p>"Only the Centre can reduce.. The Centre is only increasing the prices, not the state (government)," he had said last month, in an apparent reference to Oil Marketing Companies' daily revision of petrol and diesel prices.</p>

<p>Pointing to the difficulties in fund allocation for various projects, he had said: "We need sufficient funds but the government will consider the plea (on tax cut)".</p>

<p>On reports about mining firm Vedanta Ltd being allotted oil blocks in Tamil Nadu, Palaniswami said, "any project adversely affecting people will not be allowed".</p>

<p>The firm's copper smelter unit in Tuticorin in the state, had earlier been ordered by the state government to be permanently closed following a public outcry over pollution concerns.</p>

<p>An anti-Sterlite protest on May 22 had turned violent, with 13 protesters being killed in police firing.&nbsp;</p>


The Tamil Nadu government Monday said it may 'consider' reducing taxes on petrol and diesel, but pointed out its spending on various initiatives, including implementation of the seventh Pay Commission recommendations.

The Tamil Nadu government Monday said it may 'consider' reducing taxes on petrol and diesel, but pointed out its spending on various initiatives, including implementation of the seventh Pay Commission recommendations. When asked if his state would cut taxes on petrol and diesel, Tamil Nadu Chief Minister K Palaniswami highlighted the requirement of funds for various welfare measures. He was speaking to reporters here after meeting Prime Minister Narendra Modi to seek Central assistance for various initiatives in the state. "In Tamil Nadu, as far as the Amma (late Jayalalithaa) government is concerned, funds are required for various departments," he noted. While the state had recently okayed the implementation of 7th Pay Commission recommendation for its employees, arrears for Transport department staff was also being disbursed, he said. "Welfare initiatives are happening in various departments. After creating the fund source, government will consider your plea," he told media when asked if his government would axe the tax on fuel. The Centre had last week announced a Rs 2.50 a litre cut in petrol and diesel prices, factoring in excise duty reduction of Rs 1.50 per litre and asking oil companies to absorb another Re 1. Many BJP- ruled states had taken a cue from this and announced tax cuts. Earlier too, Palaniswami had said his government would consider reducing the state tax on petroleum products even as he had put the onus of slashing taxes on the Centre. "Only the Centre can reduce.. The Centre is only increasing the prices, not the state (government)," he had said last month, in an apparent reference to Oil Marketing Companies' daily revision of petrol and diesel prices. Pointing to the difficulties in fund allocation for various projects, he had said: "We need sufficient funds but the government will consider the plea (on tax cut)". On reports about mining firm Vedanta Ltd being allotted oil blocks in Tamil Nadu, Palaniswami said, "any project adversely affecting people will not be allowed". The firm's copper smelter unit in Tuticorin in the state, had earlier been ordered by the state government to be permanently closed following a public outcry over pollution concerns. An anti-Sterlite protest on May 22 had turned violent, with 13 protesters being killed in police firing.

Tamil Nadu govt may consider reducing tax on petrol, diesel: CM

<p>A day after the centre decided to cut fuel prices by Rs 2.50, the prices of petrol and diesel in major cities of the country witnessed a decline on Friday.</p>

<p>Petrol in Delhi which was priced at Rs 84 per litre on Thursday was decreased to Rs 81.50 per litre today. While the price of diesel reduced from Rs 75.45 per litre to Rs 72.95.</p>

<p>Petrol prices witnessed similar downfall in several other cities including Mumbai, Kolkata and Chennai.</p>

<p>Petrol which was&nbsp;available for Rs 91.34 per litre on Thursday, is priced at&nbsp;Rs 86.97 per litre today.</p>

<p>In Chennai, the price of Petrol which was available for Rs 87.18 on Thursday was available for Rs 84.70 while in Kolkata it reduced to Rs 83.35 from Rs 85.65.</p>

<p>Diesel in Kolkata reduced to Rs 74.80 from Rs 79.57 per litre, while in Chennai it reduced to Rs 77.11 per litre.</p>

<p>Fuel prices were reduced on Thursday after the Finance minister stated that the excise duty would be cut by Rs 1.50 rupee to give relief to the consumers.&nbsp;</p>

<p>The Finance Minister said that while the excise duty has been cut by Rs 1.50, various oil marketing companies will also absorb Rs 1 giving a cumulative relief of Rs 2.50 on fuel prices to the consumers.</p>

<p>The government also asked the state government to cut through a reduction in VAT to further reduce the price.</p>

<p>BJP-ruled states Uttar Pradesh, Gujarat and Haryana and poll-bound states Madhya Pradesh and Chhattisgarh responded to the government's direction following which the price of petrol has been reduced by Rs 5 in various states.</p>

<p>"We have decided to cut the excise duty through the revenue department and the oil marketing companies. I would urge state governments to also absorb similar amount to provide relief to the consumer," Arun Jaitley told media.</p>

<p>Jaitley stated the widening Current Account Deficit as the major concern adding that it is "directly linked to global oil prices."&nbsp;</p>

<p><br />
<br />
&nbsp;</p>


A day after the centre decided to cut fuel prices by Rs 2.50, the prices of petrol and diesel in major cities of the country witnessed a decline on Friday. Petrol in Delhi which was priced at Rs 84 per litre on Thursday was decreased to Rs 81.

A day after the centre decided to cut fuel prices by Rs 2.50, the prices of petrol and diesel in major cities of the country witnessed a decline on Friday. Petrol in Delhi which was priced at Rs 84 per litre on Thursday was decreased to Rs 81.50 per litre today. While the price of diesel reduced from Rs 75.45 per litre to Rs 72.95. Petrol prices witnessed similar downfall in several other cities including Mumbai, Kolkata and Chennai. Petrol which was available for Rs 91.34 per litre on Thursday, is priced at Rs 86.97 per litre today. In Chennai, the price of Petrol which was available for Rs 87.18 on Thursday was available for Rs 84.70 while in Kolkata it reduced to Rs 83.35 from Rs 85.65. Diesel in Kolkata reduced to Rs 74.80 from Rs 79.57 per litre, while in Chennai it reduced to Rs 77.11 per litre. Fuel prices were reduced on Thursday after the Finance minister stated that the excise duty would be cut by Rs 1.50 rupee to give relief to the consumers. The Finance Minister said that while the excise duty has been cut by Rs 1.50, various oil marketing companies will also absorb Rs 1 giving a cumulative relief of Rs 2.50 on fuel prices to the consumers. The government also asked the state government to cut through a reduction in VAT to further reduce the price. BJP-ruled states Uttar Pradesh, Gujarat and Haryana and poll-bound states Madhya Pradesh and Chhattisgarh responded to the government's direction following which the price of petrol has been reduced by Rs 5 in various states. "We have decided to cut the excise duty through the revenue department and the oil marketing companies. I would urge state governments to also absorb similar amount to provide relief to the consumer," Arun Jaitley told media. Jaitley stated the widening Current Account Deficit as the major concern adding that it is "directly linked to global oil prices."

Petrol price comes down to Rs 5 in most states after excise duty cut 

<p>Shortly after Union Minister Arun Jaitley announced <a href="http://www.wionews.com/business-economy/centre-has-decided-to-cut-fuel-prices-by-rs-25-with-immediate-effect-state">fuel-price cut by Rs 2.5</a>0 on Thursday, the governments of Gujarat, Chhattisgarh, Uttar Pradesh and Tripura decided to cut fuel prices by Rs 2.50, giving a cumulative relief of Rs 5 to the consumers. While Maharashtra has offered a cut of Rs 2.50 for petrol, Jharkhand has done the same for diesel prices in the state.&nbsp;</p>

<p>"Finance Minister Arun Jaitley Ji has announced Rs.2.50 cuts in petrol and diesel prices, reciprocating positively to FM’s announcement, the Govt Of Gujarat has also decided to reduce Rs.2.50 on both petrol &amp; diesel. Thus petrol and diesel would be Rs. 5 cheaper in the State of Gujarat," Gujarat CM Vijay Rupani tweeted.&nbsp;</p>

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<p dir="ltr" lang="en">Finance Minister Sh <a href="https://twitter.com/arunjaitley?ref_src=twsrc%5Etfw">@arunjaitley</a> Ji has announced Rs.2.5 cuts in petrol &amp; diesel prices, reciprocating positively to FM’s announcement, the Govt Of Gujarat has also decided to reduce Rs.2.50 on both petrol &amp; diesel. Thus petrol &amp; diesel wd be Rs. 5 cheaper in the State of Gujarat</p>
— Vijay Rupani (@vijayrupanibjp) <a href="https://twitter.com/vijayrupanibjp/status/1047794009819602945?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>Maharashtra's Chief Minister also tweeted out announcing a petrol-price cut in the state by Rs 2.50. The government is contemplating a cut in state diesel price.&nbsp;</p>

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<p dir="ltr" lang="en">Govt of Chhattisgarh has also decided to reduce Rs 2.50 on both petrol &amp; diesel in the state. Thus petrol &amp; diesel will be Rs 5 cheaper in Chhattisgarh: Chhattisgarh CM Raman Singh (file pic) <a href="https://t.co/7ChJfrNOwK">pic.twitter.com/7ChJfrNOwK</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1047808802819592192?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>"Maharashtra Government also decided to give additional relief of ₹2.50/litre on Petrol to give a total benefit of ₹5/litre in the State of Maharashtra," the tweet read. &nbsp;</p>

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<p dir="ltr" lang="en">Madhya Pradesh government has also decided to give an additional relief of ₹2.5/litre on petrol&amp;diesel to give total benefit of ₹5/litre in the state, tweets Madhya Pradesh CM Shivraj Singh Chouhan. (File pic) <a href="https://t.co/FcENG8IbBf">pic.twitter.com/FcENG8IbBf</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1047828819472736256?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>The government of has Jharkhand announced a Rs 2.50 cut in diesel price.&nbsp;</p>

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<p dir="ltr" lang="en">Jharkhand Government has decided to give an additional relief of ₹2.5/litre on diesel in the state: Raghubar Das, Jharkhand Chief Minister. (File pic) <a href="https://t.co/CZGY0clUJl">pic.twitter.com/CZGY0clUJl</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1047811236031807488?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>Union Finance Minister Arun Jaitley on Thursday announced that the excise duty will be cut by Rs 1.5 rupee to give relief to the consumers, whereas oil companies in the country will "absorb another Rs 1" to give Rs 2.50 relief on fuel prices to consumers.&nbsp;</p>

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<p dir="ltr" lang="en">Tripura Government has also decided to give additional relief of ₹2.5/litre on Petrol &amp; Diesel to give total benefit of ₹5/litre in the state of Tripura.</p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1047809757518725120?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>The Finance Minister urged state governments to also follow the lead and make necessary reductions in state fuel prices to give further respite to citizens.&nbsp;</p>

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<p dir="ltr" lang="en">Central Govt reduced prices of petrol &amp; diesel by Rs. 2.50 per litre today that will give a great relief to common man. UP Govt has also decided to give additional relief of Rs. 2.50 per litre on the prices of petrol &amp; diesel: CM Yogi Adityanath <a href="https://t.co/irLH9c9k63">pic.twitter.com/irLH9c9k63</a></p>
— ANI UP (@ANINewsUP) <a href="https://twitter.com/ANINewsUP/status/1047824280086560768?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>"We have decided to cut the excise duty through the revenue department and the oil marketing companies. I would urge state governments to also absorb similar amount to provide relief to the consumer," Jaitley told media.</p>


Shortly after Union Minister Arun Jaitley announced fuel-price cut by Rs 2.50 on Thursday, the governments of Gujarat, Chhattisgarh, Uttar Pradesh and Tripura decided to cut fuel prices by Rs 2.

Shortly after Union Minister Arun Jaitley announced fuel-price cut by Rs 2.50 on Thursday, the governments of Gujarat, Chhattisgarh, Uttar Pradesh and Tripura decided to cut fuel prices by Rs 2.50, giving a cumulative relief of Rs 5 to the consumers. While Maharashtra has offered a cut of Rs 2.50 for petrol, Jharkhand has done the same for diesel prices in the state. "Finance Minister Arun Jaitley Ji has announced Rs.2.50 cuts in petrol and diesel prices, reciprocating positively to FM’s announcement, the Govt Of Gujarat has also decided to reduce Rs.2.50 on both petrol & diesel. Thus petrol and diesel would be Rs. 5 cheaper in the State of Gujarat," Gujarat CM Vijay Rupani tweeted. Finance Minister Sh @arunjaitley Ji has announced Rs.2.5 cuts in petrol & diesel prices, reciprocating positively to FM’s announcement, the Govt Of Gujarat has also decided to reduce Rs.2.50 on both petrol & diesel. Thus petrol & diesel wd be Rs. 5 cheaper in the State of Gujarat — Vijay Rupani (@vijayrupanibjp) October 4, 2018 × Maharashtra's Chief Minister also tweeted out announcing a petrol-price cut in the state by Rs 2.50. The government is contemplating a cut in state diesel price. Govt of Chhattisgarh has also decided to reduce Rs 2.50 on both petrol & diesel in the state. Thus petrol & diesel will be Rs 5 cheaper in Chhattisgarh: Chhattisgarh CM Raman Singh (file pic) pic.twitter.com/7ChJfrNOwK — ANI (@ANI) October 4, 2018 × "Maharashtra Government also decided to give additional relief of ₹2.50/litre on Petrol to give a total benefit of ₹5/litre in the State of Maharashtra," the tweet read. Madhya Pradesh government has also decided to give an additional relief of ₹2.5/litre on petrol&diesel to give total benefit of ₹5/litre in the state, tweets Madhya Pradesh CM Shivraj Singh Chouhan. (File pic) pic.twitter.com/FcENG8IbBf — ANI (@ANI) October 4, 2018 × The government of has Jharkhand announced a Rs 2.50 cut in diesel price. Jharkhand Government has decided to give an additional relief of ₹2.5/litre on diesel in the state: Raghubar Das, Jharkhand Chief Minister. (File pic) pic.twitter.com/CZGY0clUJl — ANI (@ANI) October 4, 2018 × Union Finance Minister Arun Jaitley on Thursday announced that the excise duty will be cut by Rs 1.5 rupee to give relief to the consumers, whereas oil companies in the country will "absorb another Rs 1" to give Rs 2.50 relief on fuel prices to consumers. Tripura Government has also decided to give additional relief of ₹2.5/litre on Petrol & Diesel to give total benefit of ₹5/litre in the state of Tripura. — ANI (@ANI) October 4, 2018 × × The Finance Minister urged state governments to also follow the lead and make necessary reductions in state fuel prices to give further respite to citizens. Central Govt reduced prices of petrol & diesel by Rs. 2.50 per litre today that will give a great relief to common man. UP Govt has also decided to give additional relief of Rs. 2.50 per litre on the prices of petrol & diesel: CM Yogi Adityanath pic.twitter.com/irLH9c9k63 — ANI UP (@ANINewsUP) October 4, 2018 × "We have decided to cut the excise duty through the revenue department and the oil marketing companies. I would urge state governments to also absorb similar amount to provide relief to the consumer," Jaitley told media.

Gujarat, Chhattisgarh, UP follow Jaitley's lead, cut petrol, diesel prices by Rs 2.50

<p>Karnataka Chief Minister HD Kumaraswamy on Thursday stated that his government had already reduced fuel prices by Rs 2 last month hinting at the possibility of no new revision in fuel prices for the state.</p>

<p>CM Kumaraswamy's remarks came shortly after Union Finance Minister Arun Jaitley on Thursday announced a <a href="http://www.wionews.com/business-economy/centre-has-decided-to-cut-fuel-prices-by-rs-25-with-immediate-effect-state">cut in fuel prices by Rs 2.5</a>0 and called for various state governments to follow the lead and implement appropriate fuel-price cut.&nbsp;</p>

<p>BJP president Amit Shah stated that all BJP-led states will implement a fuel-price cut by Rs 2.50.&nbsp;</p>

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<p dir="ltr" lang="en">Already we had cut the price by Rs 2 last month: Karnataka CM HD Kumaraswamy when asked if Karnataka govt will reduce the price of petrol &amp; diesel in the state following Central govt's announcement of fuel price reduction. <a href="https://t.co/htB0yd3GbY">pic.twitter.com/htB0yd3GbY</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1047825260714885120?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>"PM Modi today gave another decision in public interest by reducing the central tax on petrol and diesel price by Rs. 2.50 per litre. All the BJP-ruled states have also decided to reduce VAT by Rs.2.50 per litre on petrol and diesel prices," Shah told media.&nbsp;</p>

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<p dir="ltr" lang="en">PM Modi today gave another decision in public interest by reducing the central tax on petrol&amp;diesel price by Rs. 2.50 per litre. All the BJP-ruled states have also decided to reduce VAT by Rs.2.50 per litre on petrol&amp;diesel prices: BJP President Amit Shah <a href="https://t.co/qjdpqhGvPv">pic.twitter.com/qjdpqhGvPv</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1047832583701241856?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>State governments of Uttar Pradesh, Haryana, Chattisgarh, Tripura, <a href="http://www.wionews.com/business-economy/maharashtra-gujarat-follow-jaitleys-lead-cut-petrol-prices-by-rs-25-169418">Gujarat, Madhya Pradesh have already announced a fuel price cut</a> by Rs 2.50. Maharashtra government contemplates cutting diesel prices whereas Jharkhand government has announced a cut in diesel price by Rs 2.50.&nbsp;</p>

<p>Finance Minister today stated that while the excise duty has been cut by Rs 1.5, various oil marketing companies will also absorb Rs 1 giving a cumulative relief of Rs 2.50 on fuel prices to the consumers.&nbsp;</p>

<p>&nbsp;</p>

<p><br />
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Karnataka Chief Minister HD Kumaraswamy on Thursday stated that his government had already reduced fuel prices by Rs 2 last month hinting at the possibility of no new revision in fuel prices for the state.

Karnataka Chief Minister HD Kumaraswamy on Thursday stated that his government had already reduced fuel prices by Rs 2 last month hinting at the possibility of no new revision in fuel prices for the state. CM Kumaraswamy's remarks came shortly after Union Finance Minister Arun Jaitley on Thursday announced a cut in fuel prices by Rs 2.50 and called for various state governments to follow the lead and implement appropriate fuel-price cut. BJP president Amit Shah stated that all BJP-led states will implement a fuel-price cut by Rs 2.50. Already we had cut the price by Rs 2 last month: Karnataka CM HD Kumaraswamy when asked if Karnataka govt will reduce the price of petrol & diesel in the state following Central govt's announcement of fuel price reduction. pic.twitter.com/htB0yd3GbY — ANI (@ANI) October 4, 2018 × "PM Modi today gave another decision in public interest by reducing the central tax on petrol and diesel price by Rs. 2.50 per litre. All the BJP-ruled states have also decided to reduce VAT by Rs.2.50 per litre on petrol and diesel prices," Shah told media. PM Modi today gave another decision in public interest by reducing the central tax on petrol&diesel price by Rs. 2.50 per litre. All the BJP-ruled states have also decided to reduce VAT by Rs.2.50 per litre on petrol&diesel prices: BJP President Amit Shah pic.twitter.com/qjdpqhGvPv — ANI (@ANI) October 4, 2018 × State governments of Uttar Pradesh, Haryana, Chattisgarh, Tripura, Gujarat, Madhya Pradesh have already announced a fuel price cut by Rs 2.50. Maharashtra government contemplates cutting diesel prices whereas Jharkhand government has announced a cut in diesel price by Rs 2.50. Finance Minister today stated that while the excise duty has been cut by Rs 1.5, various oil marketing companies will also absorb Rs 1 giving a cumulative relief of Rs 2.50 on fuel prices to the consumers.

Had cut fuel prices by Rs 2 last month: Karnataka CM Kumaraswamy 

<p>Union Finance Minister Arun Jaitley on Thursday briefed the media over looming concerns of relentlessly tumbling rupee and the unabated rise in fuel prices.&nbsp;</p>

<p>The minister stated that after intermagisterial discussions and meeting with the revenue department officials, it has been decided that the excise duty will be cut by Rs 1.50 rupee to give relief to the consumers.&nbsp;</p>

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<p dir="ltr" lang="en">Excise duty to be reduced by Rs.1.50 &amp; OMCs will absorb 1 rupee. So, a total of Rs.2.50 will be reduced on both diesel and petrol: Finance Minister Arun Jaitley <a href="https://t.co/sV4eZwmKEw">pic.twitter.com/sV4eZwmKEw</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1047786317441114112?ref_src=twsrc%5Etfw">October 4, 2018</a></blockquote>
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<p>According to the Finance Minister, while the excise duty has been cut by Rs 1.50, various oil marketing companies will also absorb Rs 1 giving a cumulative relief of Rs 2.50 on fuel prices to the consumers.</p>

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<p dir="ltr" lang="en">We are writing to the state govts that as the central govt is cutting Rs 2.50 on both petrol &amp; diesel, they do the same: FM Arun Jaitley <a href="https://t.co/7QQ6TFrsnJ">pic.twitter.com/7QQ6TFrsnJ</a></p>
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<p>"We have decided to cut the excise duty through the revenue department and the oil marketing companies. I would urge state governments to also absorb similar amount to provide relief to the consumer," Jaitley told media.</p>

<p>Jaitley stated the widening Current Account Deficit as the major concern adding that it is "directly linked to global oil prices."&nbsp;</p>

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<p dir="ltr" lang="en">Rs 10,500 Crore will be the impact of excise duty cut this year: FM Arun Jaitley <a href="https://t.co/GChrYo8zlp">pic.twitter.com/GChrYo8zlp</a></p>
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<p>The Finance Minister opened his address noting that the world crude prices this year have witnessed an all-time high. He added that Prime Minister Narendra Modi has been concerned about the escalating fuel prices in the country.&nbsp;</p>

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<p dir="ltr" lang="en">Several macroeconomic data is indicating stable measures. The first quarterly results have shown an 8.2% growth. Inflation is still moderate less than 4%: Finance Minister Arun Jaitley <a href="https://t.co/Dk5yLDfggX">pic.twitter.com/Dk5yLDfggX</a></p>
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<p>"Rs 10,500 Crore will be the impact of excise duty cut this year," he noted adding that the overall health of the economy looks healthy and stable.&nbsp;</p>

<p>"Several macroeconomic data is indicating stable measures. The first quarterly results have shown an 8.2% growth. Inflation is still moderate less than 4%," the minister said.&nbsp;</p>

<p>Jaitley also talked about the series of measures that were recently taken by the Central government to check the widening CAD and stem tumbling Indian currency.</p>

<p>"We had taken import restraining steps which had nearly 15 billion dollar impact. Money raised from masala bonds was exempted from tax," Jaitley shared.&nbsp;</p>

<p>The government's fuel-price cut move comes after petrol in Mumbai on Thursday reached Rs 91.34 per litre, while <a href="http://www.wionews.com/india-news/petrol-price-rises-rs-9134litre-mumbai-rs-84litre-delhi-169288">diesel rose to Rs 80.10 per litre</a>. In Delhi, prices of petrol and diesel were hiked by 0.15 paise and 0.20 paise, respectively at Rs 84 per litre and Rs 75.45 per litre, respectively.&nbsp;</p>

<p>Indian stock markets today witnessed&nbsp;a tumult with the BSE benchmark Sensex cracking over 850 points in early session as the <a href="http://www.wionews.com/business-economy/rupee-continues-slide-against-dollar-hits-new-low-7377-169314">rupee hit another low</a> amid weak global cues and fears of widening current account deficit.</p>


Union Finance Minister Arun Jaitley on Thursday briefed the media over looming concerns of relentlessly tumbling rupee and the unabated rise in fuel prices. The minister stated that after intermagisterial discussions and meeting with the revenue department officials, it has been decided that the excise duty will be cut by Rs 1.

Union Finance Minister Arun Jaitley on Thursday briefed the media over looming concerns of relentlessly tumbling rupee and the unabated rise in fuel prices. The minister stated that after intermagisterial discussions and meeting with the revenue department officials, it has been decided that the excise duty will be cut by Rs 1.50 rupee to give relief to the consumers. Excise duty to be reduced by Rs.1.50 & OMCs will absorb 1 rupee. So, a total of Rs.2.50 will be reduced on both diesel and petrol: Finance Minister Arun Jaitley pic.twitter.com/sV4eZwmKEw — ANI (@ANI) October 4, 2018 × According to the Finance Minister, while the excise duty has been cut by Rs 1.50, various oil marketing companies will also absorb Rs 1 giving a cumulative relief of Rs 2.50 on fuel prices to the consumers. We are writing to the state govts that as the central govt is cutting Rs 2.50 on both petrol & diesel, they do the same: FM Arun Jaitley pic.twitter.com/7QQ6TFrsnJ — ANI (@ANI) October 4, 2018 × "We have decided to cut the excise duty through the revenue department and the oil marketing companies. I would urge state governments to also absorb similar amount to provide relief to the consumer," Jaitley told media. Jaitley stated the widening Current Account Deficit as the major concern adding that it is "directly linked to global oil prices." Rs 10,500 Crore will be the impact of excise duty cut this year: FM Arun Jaitley pic.twitter.com/GChrYo8zlp — ANI (@ANI) October 4, 2018 × The Finance Minister opened his address noting that the world crude prices this year have witnessed an all-time high. He added that Prime Minister Narendra Modi has been concerned about the escalating fuel prices in the country. Several macroeconomic data is indicating stable measures. The first quarterly results have shown an 8.2% growth. Inflation is still moderate less than 4%: Finance Minister Arun Jaitley pic.twitter.com/Dk5yLDfggX — ANI (@ANI) October 4, 2018 × "Rs 10,500 Crore will be the impact of excise duty cut this year," he noted adding that the overall health of the economy looks healthy and stable. "Several macroeconomic data is indicating stable measures. The first quarterly results have shown an 8.2% growth. Inflation is still moderate less than 4%," the minister said. Jaitley also talked about the series of measures that were recently taken by the Central government to check the widening CAD and stem tumbling Indian currency. "We had taken import restraining steps which had nearly 15 billion dollar impact. Money raised from masala bonds was exempted from tax," Jaitley shared. The government's fuel-price cut move comes after petrol in Mumbai on Thursday reached Rs 91.34 per litre, while diesel rose to Rs 80.10 per litre. In Delhi, prices of petrol and diesel were hiked by 0.15 paise and 0.20 paise, respectively at Rs 84 per litre and Rs 75.45 per litre, respectively. Indian stock markets today witnessed a tumult with the BSE benchmark Sensex cracking over 850 points in early session as the rupee hit another low amid weak global cues and fears of widening current account deficit.

Centre has decided to cut fuel prices by Rs 2.50 with immediate effect: Jaitley

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