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The Latest Breaking News from Petrol

Rajasthan petrol pump operators threaten indefinite strike from Jun 1 over supply, pricing issues

Petrol pump operators in Rajasthan plan an indefinite strike from June 1. They demand government intervention on fuel pricing, supply disruptions, and VAT reduction. The association has sought a meeting with the Chief Minister. Dealers face challenges with fuel supply limits and pressure to sell branded fuel. Pending payments and…

The Economic Times

CMAT only pitched Jamie Oliver being in her music video to avoid making one: 'I was being lazy'

Irish singer-songwriter CMAT only pitched filming a music video with celebrity chef Jamie Oliver, for her tune The Jamie Oliver Petrol Station, because she was "being lazy" and didn't want to make one at all.

BANG Premier

Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cash

Oil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barrel. Despite recent price hikes, government reluctance to reverse duty cuts and fiscal pressures mean OMCs are absorbing the pain, potentially impacting non-defence capital expenditure.

The Economic Times

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Kejriwal’s One Question On Oil Left BJP Defending Fast

Every time petrol and diesel prices rise, millions of Indians feel the pressure instantly. From auto drivers to office workers, from delivery boys to middle-class families, everyone ends up paying more. This time, the debate exploded after Arvind Kejriwal publicly questioned Prime Minister Narendra Modi over why India is not…

MyLifeXP

For 44 years, Australia has subsidised diesel use. Is it time to stop?

Mining giant BHP has come under fire for spending hundreds of millions of dollars on new diesel trucks in the Pilbara, despite promising a transition to electric trucks in its climate strategy.

The Conversation

BYD’s compact new car is set to be UK’s cheapest plug-in hybrid

BYD’s new small car promises electric commuting with petrol power back up, and first deliveries later this year

The Independent UK

Petrol prices in UK reach highest level since Iran war began

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The Independent UK

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UK petrol prices hit fresh Iran war high

Latest blow to drivers as petrol jumps

The Independent UK

NCP (SP) holds bicycle rally in Nagpur to protest fuel price hike, inflation

NCP (SP) workers and leaders held a bicycle rally in Nagpur to protest rising petrol and diesel prices. Former minister Anil Deshmukh led the demonstration, highlighting the impact on farmers and daily essentials. The party submitted a memorandum demanding fuel tax reduction and central government intervention. Fuel prices recently increased…

The Economic Times

Maharashtra govt probing fuel hoarding, diversion amid spike in petrol, diesel demand: Fadnavis

Maharashtra Chief Minister Devendra Fadnavis flagged a significant rise in petrol and diesel demand. He suspects hoarding and illegal diversion for commercial use. Additional fuel supplies are being sent to petrol pumps. The government is investigating unusual consumption spikes in several districts. Onion prices are also being addressed with central…

The Economic Times

Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily life

Fuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil Marketing Companies are seeing stock rallies. The government faces a challenge balancing OMCs' financial health with consumer impact. Global events continue to influence fuel costs.

The Economic Times

When crude oil prices fell, why did petrol, diesel become more expensive, asks Kharge

Congress leader Mallikarjun Kharge criticized the Modi government for increasing fuel prices. He highlighted that despite a fall in crude oil prices over the past 12 years, petrol and diesel costs have risen significantly. This impacts common citizens through inflation. The party questions who benefits from these price hikes and…

The Economic Times

CNG prices increase to Rs 83.09 per kg, Delhi commuters worried as travel "No longer pocket-friendly"

CNG prices have risen again in Delhi and Mumbai. This is the fourth increase in less than 15 days. Commuters are finding fuel costs higher. Auto and taxi drivers face financial strain as fares have not been revised. Petrol and diesel prices have also seen recent hikes. The government has…

The Economic Times

Petrol, Diesel price hiked again on May 26? Check latest rates in Delhi, Gurgaon, Faridabad and other cities as CNG gets costlier

Petrol and diesel prices have reached their highest levels since May 2022, with a fresh hike of Rs 2.61–2.71 per litre announced on Monday, May 25, 2026. This marks the fourth increase in 11 days, bringing the cumulative rise to nearly Rs 7.5 per litre. The hikes are attributed to…

The Economic Times

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The Economic Times

India raises CNG prices by Rs 2/kg across key regions for fourth time in two weeks

Compressed Natural Gas prices have seen another hike in New Delhi. This is the fourth increase in just two weeks. Consumers in the National Capital Region and other cities are now paying more for CNG. Petrol and diesel prices have also risen multiple times recently. These increases are linked to…

The Economic Times

Parliamentary panel members grill Oil ministry officials over 'shortage' of petrol, LPG

Parliamentary panel members questioned Oil Ministry officials about petrol and diesel shortages. Officials confirmed crude oil stocks for 78 days. Thirteen Indian ships remain stranded in West Asia due to the Strait of Hormuz closure. The government is working to ensure no shortages, but war uncertainty persists. Fertiliser availability is…

The Economic Times

Govt gives up Rs 14,000 crore in tax revenue after excise duty cut on petrol and diesel: Petroleum Ministry

The Indian government has sacrificed nearly Rs 14,000 crore in tax revenue by lowering excise duty on petrol and diesel. This move aims to protect consumers from rising fuel prices driven by the West Asia crisis. Despite this, oil companies continue to face daily losses.

The Economic Times

Oil cos keep bleeding, on slippery slope with Rs 600-cr loss per day despite multiple petrol, diesel price hikes

Petrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient to fully offset the sharp rise in international crude costs, leaving public sector fuel retailers exposed to substantial daily losses.

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The Economic Times

West Asia crisis not a diplomatic issue, will lead to higher fuel costs for common man: Finance Minister Nirmala Sitharaman

Fuel prices have risen again. Union Finance Minister Nirmala Sitharaman highlighted the West Asia crisis impact. She stated this crisis means higher fuel costs for citizens. The government is foregoing Rs 1 lakh crore in revenue. This is due to excise duty cuts on petrol and diesel. The government aims…

The Economic Times

Why PM Modi not buying cheap oil from Russia & Iran, asks Kejriwal

Fuel prices have increased again. Arvind Kejriwal, AAP leader, questioned Prime Minister Narendra Modi. He asked why India is not purchasing cheaper oil from Russia and Iran. He stated that 140 crore people are facing hardships due to rising inflation. Petrol and diesel prices saw another hike. This is the…

The Economic Times

Petrol, diesel price surge a 'global crisis', don't hoard fuel: Maharashtra CM Fadnavis

Maharashtra Chief Minister Devendra Fadnavis labels the fuel price hike a global crisis. He urges citizens to avoid hoarding fuel to prevent supply chain disruption. Fadnavis also expresses confidence in the upcoming NEET retest being free of irregularities. Discussions are ongoing for legislative council seat sharing among ruling allies.

Whats Hot

Fuel Prices in India Hiked for Fourth Time in Two Weeks Amid Global Oil Shock

India has witnessed another sharp increase in fuel prices, with state-run oil marketing companies (OMCs) raising petrol and diesel rates for the fourth time in less than two weeks. The latest revision has intensified concerns among consumers and policymakers as global crude oil markets remain volatile due to escalating geopolitical…

The Economic Times

Ferrari's Luce leads bold leap into uncertain electric era

Ferrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced over €500,000, aims to define luxury electrification. Ferrari is investing heavily in electric technology. The car is expected to reach new buyers. Deliveries begin in October. Ferrari…

The Economic Times

Modi govt has sprinkled petrol to burn common people's savings: Kharge

Fuel prices have seen a fourth increase in less than two weeks. Petrol and diesel rates have risen significantly, impacting household budgets and the economy. Congress leader Mallikarjun Kharge has strongly criticized the Modi government over these hikes. He questioned the beneficiaries of these price increases and highlighted the financial…

The Economic Times

‘Inflation Man Modi strikes again’: Rahul Gandhi on rising petrol, diesel prices

Congress leader Rahul Gandhi has strongly criticized Prime Minister Narendra Modi. Gandhi accused the government of increasing fuel prices after elections. He labeled the Prime Minister 'Inflation Man Modi'. Gandhi stated that the government raises petrol and diesel prices in phases. This strategy aims to avoid immediate public anger. The…

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