Fuel Prices News - Latest Updates & Headlines
There will be no shortage of crude oil, assures Hardeep Singh Puri
New Delhi, June 18: Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, on Wednesday assured that there will be no shortage of crude oil and projected stability in fuel prices, despite global uncertainties.
India navigates geopolitical adversities to ensure affordable energy for citizens: Hardeep Puri
New Delhi, May 23: Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Friday underscored the government’s proactive measures in stabilising fuel prices, expanding LPG coverage and boosting refining and distribution capacity across the country.
Union Minister Hardeep Puri chairs consultative committee meeting on petroleum & natural gas
New Delhi, May 23: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri chaired the meeting of the Consultative Committee of the Ministry of Petroleum and Natural Gas in Haryana's Manesar on Friday, the Ministry of Petroleum & Natural Gas said in a release.
Israel: Producer price index decreases slightly in April 2025
Tel Aviv, May 19: Israel's Central Bureau of Statistics reported that the domestic industrial output price index decreased by 0.1 per cent in April 2025 compared to March 2025 (base: average 2020 = 100.0).
India's WPI inflation falls to 13-month low of 0.85 per cent
New Delhi, May 14: India’s annual rate of inflation based on the Wholesale Price Index (WPI) slowed to a 13-month low of 0.85 per cent in April, down from 2.05 per cent in March and 2.38 per cent in February, according to data released by the Ministry of Commerce and Industry on Wednesday.
India's wholesale inflation fell sharply to 0.85% in April from 2.45 % in March
New Delhi, May 14: Wholesale inflation (WPI) in India stood at 0.85 per cent for the month of April 2025, drastically slipping from the 2.45 per cent of the previous month, according to the data released by the Ministry of Commerce and Industry on Wednesday.
How PM Modi-led NDA has curbed retail inflation better than UPA regime
New Delhi, May 14: Official data on Wednesday showed that Prime Minister Narendra Modi-led NDA government had done a much better job in controlling retail inflation — especially in food and fuel — compared to the UPA era.
Union Minister HD Kumaraswamy slams Karnataka govt over taxes, defends Centre on fuel price
Bengaluru, April 12: Union Minister and JD(S) state president HD Kumaraswamy on Saturday accused the Karnataka state government of "burdening the common man" through excessive taxation.
If you can't help, at least don't hurt: Tamil Nadu CM slams Centre over LPG price hike
Chennai, April 7: Tamil Nadu Chief Minister MK Stalin on Monday criticised the recent LPG price hike by the Central government, asking whether the stoves in people's homes should be burning or their stomachs with hunger.
No relief to people on petroleum prices, Kumbhakarna sleep on tariff policy: Kharge slams Modi government
New Delhi, April 7: Amid the turmoil in stock markets over the tariffs imposed by US President Donald Trump, Congress chief Mallikarjun Kharge on Monday attacked the Modi government, stating that the benefit of reduced international crude prices has not been passed on to consumers and excise duty has now been hiked on petrol and diesel.
Oil PSUs to absorb excise duty hike on petrol, diesel, no impact on consumers: Hardeep Puri
New Delhi, April 7: The government-owned oil marketing companies will absorb the increase in excise duty on petrol and diesel, announced by the Finance Ministry, as their input costs have come down due to the decline in crude oil prices in the global market, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Monday.
LPG cylinders to get costlier by Rs 50 from tomorrow
New Delhi, April 7: LPG cylinders, both Ujjwala and non-Ujjwala, will be Rs 50 dearer starting Tuesday, Minister Hardeep Puri announced on Monday at a press conference.
Govt hikes excise duty on petrol, diesel as oil prices crash in global market
New Delhi, April 7: The government on Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of the two fuels as oil prices have come down in the global market.
India closely monitoring global energy markets with consumer-first approach: Minister
New Delhi, March 24: India has been the only major economy in the world where the prices of petrol and diesel have come down in recent years, the government told the Parliament on Monday, adding that it is closely monitoring global energy markets as well as potential energy supply disruptions as a fall-out of the evolving geopolitical situation.
Union Budget: Common people seek tax relief, reduction in fuel prices from central government
Bhopal, February 1: As the Union Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025-26 today, the common people in Madhya Pradesh's capital Bhopal are expecting policy announcements which brings relief from income tax slabs, reduce in fuel prices and some control over inflation.
Pakistan hikes petrol prices again, diesel to be PKR 7 costlier
Islamabad, February 1: Pakistan Government hiked prices of petrol and diesel for the next fortnight with significant increase in diesel prices by PKR 7, ARY News reported.
Fuel prices in India to remain stable amid fluctuating crude rates says Indian Oil, Chairman
Davos, January 23: Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney has reaffirmed the company's commitment to maintaining stable fuel prices despite fluctuating crude oil rates.