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The Indian government has intervened to limit the increase in Aviation Turbine Fuel prices for domestic airlines to just 25%, despite international benchmarks indicating a potential surge of over 100%…
State-owned oil marketing companies have implemented sharp price hikes for aviation turbine fuel and commercial LPG. Jet fuel prices have more than doubled, surpassing Rs 2 lakh per kilolitre for the…
A sharp Rs 203 increase in the price of a 19-kg commercial LPG cylinder has taken effect in Chennai, raising it to Rs 2,246.50. The hike is driven by international crude oil fluctuations, rupee-dollar…
Prices for commercial LPG cylinders have been increased significantly across cities from April 1, with a 19 kg cylinder in Delhi now costing over Rs 2,078. Aviation Turbine Fuel (ATF) prices have also…
Amid a global energy crisis triggered by geopolitical tensions, India stands out for its stable fuel supplies and absence of emergency measures like rationing or lockdowns. While countries from Pakist…
The Pakistani government has increased the price of kerosene oil while maintaining current rates for petrol and diesel. Simultaneously, jet fuel prices have been raised for the fifth time in 28 days,…
Finance Minister Nirmala Sitharaman contrasted India's management of the global fuel crisis with the severe austerity measures in neighbouring Pakistan and Bangladesh. She detailed how Pakistan has im…
A tightening LPG supply, prioritized for households, is severely disrupting air conditioner manufacturing in India as the industry heads into peak summer. Manufacturers are forced to pivot to oxy-acet…
The conflict in West Asia is increasing input costs for packaged drinking water in Tamil Nadu, driven by a surge in petroleum-derived PET plastic. This has led manufacturers to raise prices by Rs 5-10…
Indian Oil Corporation has announced a fuel price revision that applies exclusively to its premium petrol brand, XP-95, leaving regular automotive fuel prices unchanged despite a sharp surge in global…
The government has clarified that the recent fuel price increase applies only to premium petrol, which constitutes a minor share of total sales, while regular petrol prices remain unchanged. Officials…
A Kotak Institutional Equities report states that oil marketing companies (OMCs) may have to absorb higher crude import costs, as raising retail fuel prices is politically difficult amid public discon…
