The government said the curbs were intended to ensure fair distribution of petrol and diesel, prevent hoarding and diversion of supplies, and maintain uninterrupted availability of fuel at reasonable prices. 

India ends emergency restrictions on retail sale of petrol and diesel to commercial buyers from July 1

Following the latest hike, petrol in Delhi is priced at Rs 99.51 per litre, while diesel costs Rs 92.49 per litre. Despite the recent increases, oil companies are still facing under-recoveries of about Rs 13 per litre on petrol and Rs 38 per litre on diesel.

Another fuel price hike likely? BPCL flags energy disruption amid Iran conflicts

The BJP on Wednesday hailed the central government's decision to reduce petrol and diesel prices as Prime Minister Narendra Modi's Diwali gift. Bharatiya Janata Party (BJP) president J P Nadda said the decision will boost consumption and keep the inflation low.

BJP lauds cut in petrol, diesel prices

Petrol and diesel prices maintained a northward rally on Monday, the seventh consecutive day when the retail prices have risen across the country, with oil on the boil in global markets and both crude and product prices seeing a big spike.

Petrol, diesel prices rise for 7th consecutive day

After the government once again increased diesel prices, the price of diesel today surpassed petrol in the national capital for the first time. Also Read: Petrol, diesel prices hiked for seventeen consecutive days The government today did not increase the petrol prices however diesel prices were increased by 48 paise.

In a first, diesel more costly than petrol in Delhi

Government on Tuesday once again increased petrol and diesel prices in the country. The price of petrol was increased by Rs 20 paise per litre and diesel was increased by 55 paisa.

Petrol, diesel prices hiked for seventeen consecutive days

The government on Tuesday announced hiking of petrol prices by 54 paise per litre and diesel by 58 paise a litre. The petrol prices in Delhi will now cost Rs 73.

Petrol, diesel prices hiked for third straight day

Singapore aims to phase out petrol and diesel vehicles by 2040, making a bigger bet on electric cars as part of its efforts to cut greenhouse gases and fight climate change, the finance minister said on Tuesday.

Singapore aims to phase out petrol and diesel vehicles by 2040

Petrol and diesel prices went up for the third consecutive day in the national capital and stood at Rs 75.04 and Rs 67.78 per liter, respectively on Monday. As compared to yesterday, the petrol prices became costlier by 16 paise while diesel prices increased by 18 paise.

Prices of petrol, diesel rise in national capital