Petrol Diesel Price Hiked

Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.

The Congress on Sunday demanded immediate relief for middle and lower-income group families by reducing petrol and diesel by at least Rs 15 per litre and cooking gas prices by at least Rs 150 per cylinder.

The Meghalaya government hiked the prices of petrol and diesel, state taxation minister James PK Sangma said.

Petrol prices were increased 78 times, while diesel rates were increased 76 times in Delhi during the financial year 2021-2022, the government told the Parliament today.

Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) on Sunday reduced the diesel and petrol retail prices, the first decrease after five hikes since February.

India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline (petrol) exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.

Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.

Petrol, Diesel Prices Today: Fuel rates remained unchanged today on June 7, 2022 for the 17th day across the four metros

RBI is expected to go for another rate hike of 0.40 per cent at the scheduled review of the monetary policy next week, a foreign brokerage said

Former Pakistan Prime Minister Imran Khan yet again slammed the Shehbaz Sharif government after the federal government hiked the petrol and diesel prices by PKR 30 per litre.

The Pakistan government Thursday announced to increase the prices of petroleum products by Rs 30 per litre, with the hike set to go into effect at midnight.

Crisis-hit Sri Lanka today raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, a record hike in fuel prices amidst the country's worst economic crisis due to the shortage of foreign exchange reserves.

Sri Lanka hiked petrol prices by 20%-24% on Tuesday and also increased diesel prices by 35%-38%, Power and Energy Minister Kanchana Wijesekera said.

India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening

Fuel prices were unchanged for the sixth consecutive day on Tuesday across metro cities after being hiked 14 time in 21 days.

Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.

The Congress on Sunday demanded immediate relief for middle and lower-income group families by reducing petrol and diesel by at least Rs 15 per litre and cooking gas prices by at least Rs 150 per cylinder.

The Meghalaya government hiked the prices of petrol and diesel, state taxation minister James PK Sangma said.

Petrol prices were increased 78 times, while diesel rates were increased 76 times in Delhi during the financial year 2021-2022, the government told the Parliament today.

Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) on Sunday reduced the diesel and petrol retail prices, the first decrease after five hikes since February.

India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline (petrol) exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.

Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.

Petrol, Diesel Prices Today: Fuel rates remained unchanged today on June 7, 2022 for the 17th day across the four metros

RBI is expected to go for another rate hike of 0.40 per cent at the scheduled review of the monetary policy next week, a foreign brokerage said

Former Pakistan Prime Minister Imran Khan yet again slammed the Shehbaz Sharif government after the federal government hiked the petrol and diesel prices by PKR 30 per litre.

The Pakistan government Thursday announced to increase the prices of petroleum products by Rs 30 per litre, with the hike set to go into effect at midnight.

Crisis-hit Sri Lanka today raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, a record hike in fuel prices amidst the country's worst economic crisis due to the shortage of foreign exchange reserves.

Sri Lanka hiked petrol prices by 20%-24% on Tuesday and also increased diesel prices by 35%-38%, Power and Energy Minister Kanchana Wijesekera said.

India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening

Fuel prices were unchanged for the sixth consecutive day on Tuesday across metro cities after being hiked 14 time in 21 days.