Tag: Crude Oil

Hike in diesel prices likely after Prez polls

Diesel Price 150x150 Hike in diesel prices likely after Prez pollsReports have said that that the central government is likely to hike diesel prices after Prez Polls on July 19.

The decision will be taken by the government to fill the loss faced by them to cut the amount of money it pays out to keep prices lower.

Talking to media, a source without revealing his name said, “This has been the thinking for quite some time that a price rise could come after Presidential polls.” Read more

Petrol price cut by Rs2.46 per liter

Petrol Price1 150x150 Petrol price cut by Rs2.46 per literThe petrol price has been cut by the central government for the second in the same month by Rs 2.46 per liter into effect from Thursday midnight.

The fall in petrol prices was announced by three oil companies, which are Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) respectively. Read more

Petrol prices will cost Rs4.00 lesser from July 1

Petrol Price cut 150x150 Petrol prices will cost Rs4.00 lesser from July 1Good news for Indian common man that give them a big moment to cheer that oil marketing companies are likely to hit with Rs 4/ l remarkable cut at the petrol prices from Jul 1.

According to source, the cut in petrol rates will come as a big respite for the consumer just because of downing phase in global prices of crude oil, the companies base the domestic prices every fortnight. Read more

Petrol price may be cut by up to Rs 2 from next week

Petrol Price 1 150x150 Petrol price may be cut by up to Rs 2 from next weekA freshly report, the Oil corporations are in plans to cut petrol price to give little relaxation to the citizens; the reduction would be by Rs 2 per litre.

On Friday after tabled a meeting of oil marketing companies, they are expected to cut rates because of declining rates of crude prices in the international market, a source report said. Read more

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