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PETROL AND DIESEL PRICES
India EV penetration may cross 10% by year-end, says JSW MG Motor executiveElectric vehicles are expected to capture more than 10% of passenger vehicle sales in India by the year's end. Factors such as new models, ...- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Russian strikes put Trump's energy ceasefire in doubtTrump announced the purported ceasefire days after unveiling a deal to buy diesel from Russia, which Zelenskyy criticised as a reversal of ...
- Global Market: Goldman Sachs raises December Brent oil price forecast to $90 on supply risksGoldman Sachs has raised its December 2026 Brent crude price forecast to $90 per barrel, citing supply risks in the Middle East. While 2027...
- Mercedes-Benz India sees luxury buyers paying 5-6% more for plug-in hybridsMercedes-Benz India is optimistic about the demand for plug-in hybrid vehicles in the luxury segment. CEO Santosh Iyer noted the appeal for...
- Cheaper to run, but costlier to buy? New CAFE III rules kick in from April 2027; here's how your next car could be affectedIndia’s CAFE III fuel-efficiency norms will take effect from April 1, 2027, tightening fleet-average targets for automakers until March 203...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- Petrol margins turn positive as OMC fuel marketing losses ease in Q2FY27: ReportFuel marketing losses of state-run oil marketing companies (OMCs) narrowed sharply in the September quarter, helped by lower crude oil pric...
- India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demandThe surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz In...
- Half a dozen small hybrids getting ready for Indian launchAutomakers including Maruti Suzuki, Hyundai, Toyota and Renault are preparing around half a dozen small hybrid vehicles for India over the ...
- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- Nayara Energy raises petrol price by Rs 5, diesel by Rs 3Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refi...
- China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
- Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
- Centre cuts windfall tax on diesel, ATF exports from October 1The Centre has decreased the windfall tax on diesel exports to ₹16 per litre and ATF exports to ₹10.5. This decision, effective from Octobe...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- CAFE III fuel efficiency norms notified for cars: 3x credit for battery EVs, no special benefit for small carsThe Indian government has announced Corporate Average Fuel Economy norms for passenger vehicles effective from April 2027. These standards ...
- Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: ReportJio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...
- 50 litres per customer: Private pumps ration diesel as oil shock deepensPrivate fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...
- Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
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