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The Latest Breaking News from Petrol

Petrol price hikes fuel record electric vehicle sales

The soaring price of petrol is sending more Australian drivers to electric cars and the trend could change the worldwide automotive market.

AAP

Residents push back against beachside suburb petrol station

Residents say there are much better ways the land could be used to add to the community.

Newcastle Herald

Watch: Rachel Reeves hits back at ‘not very British’ heckler

Rachel Reeves hit back at a heckler, who appeared to be a Reform UK supporter, at a petrol station after he repeatedly shouted at her while she tried to answer questions from the media on Wednesday (20 May).

The Independent UK

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UK quietly eases Russian oil sanctions as petrol prices climb to highest since 2022 amid Iran conflict

Britain is recalibrating its approach to Russian oil imports by introducing restrictions on refined products at a measured pace. This strategy, driven by escalating energy market volatility linked to conflicts in the Middle East and climbing fuel prices, seeks to mitigate the risk of abrupt supply shortages.

The Times of India

TACO abroad, boss at home: Trump may be losing against China or Iran, but still controls MAGA

There’s a line to describe Trump’s foreign policy jaunts that’s particularly popular on social media: TACO which stands for Trump Always Chickens Out. And that might be true abroad whether it’s against Iran or China but back home, he remains the ultimate boss. Iran can resist him. Petrol prices can…

The Times of India

Rachel Reeves hits back at flag-waving heckler over bad manners: ‘Not very British’

The man had repeatedly shouted at the chancellor while she was being interviewed

The Independent UK

Reeves hits back at petrol station heckler, telling him it is ‘not very British’

The man had repeatedly shouted at the Chancellor while she was being interviewed on a petrol station forecourt.

Evening Standard

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Drivers ditch cars for bikes as fuel prices continue to soar

Iran’s grip on the Strait of Hormuz means the average price of a litre of petrol and diesel at UK forecourts have increased

The Independent UK

Government makes U-turn on Russian oil as petrol prices hit record high

IN FULL

The Independent UK

Petrol, Diesel prices today on May 20: Check fuel rates in Delhi, Mumbai, Chennai, Kolkata and other metro cities

Petrol, Diesel prices today: Fuel prices remained steady on Wednesday after recent hikes, with petrol and diesel rates seeing an increase of up to 90 paise per litre. Global crude markets are on edge due to geopolitical tensions. Hyderabad recorded the highest petrol price at Rs 111.84 per litre, while…

The Economic Times

What India’s new E22 to E30 Petrol variants mean for fuel prices, vehicles and ethanol use

India has launched new fuel standards for petrol with higher ethanol content, including E22, E25, E27, and E30. This move supports the nation's ethanol blending program. The Bureau of Indian Standards announced the new specification, IS 19850:2026. This development follows the successful E20 program and aims to reduce oil imports,…

The Economic Times

Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman says

India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly. Despite recent price hikes, BPCL continues to face losses on diesel and petrol sales.

The Economic Times

Petrol prices reach new high as drivers warned of more rises to come

IN FULL

The Independent UK

Skoda produces its most affordable EV to date – and it’s Epiq

The all-electric city SUV crossover starts from £24,950, matching its petrol equivalent

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The Economic Times

India's inflation puzzle: How will fuel price play out

India's inflation debate intensifies as wholesale prices surge, driven by fuel costs, while retail inflation remains subdued. A recent fuel price hike is expected to push retail inflation higher, impacting household budgets. The RBI will closely monitor global crude prices, monsoon impact, and the pass-through of wholesale to retail inflation…

The Independent UK

UK petrol prices hit new record high amid Iran oil crisis

The average price of a litre of petrol is the most expensive it’s been since December 2022

Evening Standard

Petrol prices reach highest level of Iran oil crisis

The average price of a litre of petrol in the UK now stands at 158.5p, according to the RAC.

The Economic Times

Kotak warns of massive fuel under-recoveries despite recent Rs 3/litre price hike

Fuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude oil prices stay high. This is due to ongoing disruptions in the Strait of Hormuz. Even after a recent small hike, refiners face substantial under-recoveries. Further price…

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The Economic Times

India's fuel price hike among world's lowest outside Gulf nations: BJP

Fuel prices saw a hike of about 90 paise per litre. The BJP stated this increase is among the lowest globally. State-run oil firms absorbed significant losses for 76 days before passing on some costs. Global crude prices surged due to the West Asia conflict. India's fuel price rise remains…

The Economic Times

Petrol, diesel’s second price hike in 5 days leaves common man concerned about price burden

Petrol and diesel increased by approximately 90 paise per litre across India. Citizens expressed widespread disappointment, highlighting the severe impact on the common man and middle-class families struggling with rising inflation. Drivers and daily wage earners voiced concerns about their ability to sustain their livelihoods amidst escalating costs.

The Economic Times

Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?

Oil marketing companies like HPCL, BPCL, and IOC saw a 2% share increase following a second petrol and diesel price hike in under a week, with prices rising by approximately 90 paise per litre. This move aims to alleviate financial pressure on OMCs amid elevated global crude prices and geopolitical…

The Economic Times

Petrol, Diesel prices increased by 90 paise per litre after 3-rupee hike. Check fuel rates in Delhi, Mumbai, Kolkata and other cities

Petrol, Diesel prices today: Fuel prices have seen another surge, with petrol and diesel rates increasing by approximately 90 paise per litre. This marks the second hike in under a week, pushing petrol prices in Delhi to Rs 98.64 and diesel to Rs 91.58. The hike in fuel prices comes…

The Economic Times

Petrol, diesel prices hiked for second time in a week; rates increased by nearly 90 paise

Petrol prices today: Petrol and diesel prices were raised by about 90 paise per litre on Tuesday, marking the second hike in less than a week after a Rs 3 per litre increase on Friday.

The Economic Times

Rs 3 a litre fuel price hike cuts losses by 25 per cent; daily loss drops to Rs 750 crore

In a noteworthy shift, Indian oil corporations have curtailed daily losses by almost 25% thanks to a Rs 3 per litre increase in petrol and diesel prices. Nevertheless, ongoing global crude oil fluctuation and a depreciating rupee mean that fuel prices still linger below production costs. Currently, there are no…

The Economic Times

Haryana cabinet approves new rules: No petrol, diesel vehicles for cab aggregators in NCR

Haryana's Cabinet has approved new rules for vehicle aggregators. From January 1, 2026, all new vehicles joining fleets in NCR areas must be electric, CNG, or use cleaner fuels. This aims to reduce pollution and promote green mobility. The rules also introduce licensing, safety measures, and insurance for drivers and…

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