Fuel price

Sri Lanka to liberalise fuel import and marketing: Energy Minister

The selection would be based on the ability to import without forex requirements from the Sri Lankan central bank, he added.

published on : 28th June 2022

Sri Lanka is exploring options to purchase oil from Russia: Minister 

On Sunday, petrol price was hiked by LKR 50 and diesel by LKR 60 respectively, the third price revision in just over two months.

published on : 26th June 2022

Sri Lanka hikes fuel prices by LKR 50 and diesel by LKR 60 as filling stations go dry

Power Minister Kanchana Wijesekera requested citizens not to line up for fuel and announced the closure of refinery operations till the arrival of the next shipment of crude.

published on : 26th June 2022

'How much for my kidney?' Inflation sparks distress, global wave of protests for higher pay, aid

As prices rise, inflation threatens to exacerbate inequalities and widen the gap between billions of people struggling to cover their costs and those who are able to keep spending.

published on : 25th June 2022

Pakistan's weekly inflation goes by 3.38 per cent after fuel price hike

The data was released by the Pakistan Bureau of Statistics. The increase in the weekly inflation is the highest since the change of the base year for measuring the Sensitive Price Index.

published on : 19th June 2022

Jet fuel prices hiked by 16%; touch new record 

The hike, which comes on the back of a marginal 1.3 per cent (Rs 1,563.97 per kl) cut in rate earlier this month, takes jet fuel prices to record high across the country.

published on : 16th June 2022

Indian crude oil basket hits 10-year high; petrol, diesel prices unchanged

As per the PPAC, the Indian basket of crude oil averaged USD 111.86 per barrel between February 25 and March 29 - the immediate period after Russia's invasion of Ukraine sent oil on fire.

published on : 10th June 2022

RBI governor Shaktikanta Das bats for cut in VAT on petrol, diesel

The central government had on May 21 cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 to give relief to consumers battered by high fuel prices.

published on : 8th June 2022

'Cut taxes on fuel in 15 days': BJP threatens protests in Bengal

Speaking to reporters, BJP state president Sukanta Majumdar said the state government should give some relief to the people when the Centre has cleared all the GST dues.

published on : 3rd June 2022

Fuel retailers talking of under-recoveries on petrol, diesel: Hardeep Singh Puri

Oil Minister Puri said fuel retailers have knocked on the doors of the government seeking 'relief' but hastened to add that pricing is their decision.

published on : 2nd June 2022

Oil marketing firms cut commercial LPG rate by Rs 135, ATF price by 1.3 per cent  

Jet fuel prices on Wednesday were reduced by 1.3% by the oil marketing companies (OMCs), after 10 rounds of price hikes.

published on : 2nd June 2022

BJP warns of hunger strike, rally if TN govt doesn’t slash fuel prices

BJP Tamil Nadu president K Annamalai on Tuesday announced that his party would level two corruption charges against the DMK government within a few days.

published on : 1st June 2022

Petrol pumps in 24 states not to buy fuel on Tuesday, demand higher commission

According to an association, the dealer margins are to be revised every six months but the OMCs have not done the same since 2017 despite a steep increase in fuel prices and operational costs.

published on : 31st May 2022

Not thought about further fuel tax cut: Bommai

Chief Minister Basavaraj Bommai on Saturday said the state government has not yet thought about further cut in fuel tax.

published on : 29th May 2022

Fuel distribution in Lanka gets more difficult amid public unrest

State fuel entity officials raided the station and ordered the entire stock of fuel to be released at the pre-increased prices.

published on : 25th May 2022
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