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RETAIL FUEL SECTOR IN INDIA
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...- E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
- E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
- Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
- Crude inventory nears 1-year high on stronger importsIndia's crude oil reserves have surged to a near one-year peak, reaching 104 million barrels by June's end. This rebound follows a signific...
- State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh PuriState-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Desp...
- Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
- June auto sales data: Commercial vehicle turns consensus player; brokerages list stocks to buyIndian automakers reported strong performance in June 2026, with healthy demand across passenger vehicles, two-wheelers, commercial vehicle...
- India's textile stocks become market standouts on trade dealsIndian textile exporters are experiencing a significant stock market surge, outperforming the broader market. New trade deals with the UK, ...
- Petrol, diesel price today: Have state-run OMCs cut fuel prices after Nayara Energy's rate slash? Check latest ratesNayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...
- Petrol, Diesel prices cut on July 1: Check latest fuel rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and other citiesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre, attributing the move to easing international crude oil costs....
- Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening oil pricesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide, marking the first reduction in over two years. Thi...
- Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
- Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
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