THE HALFAX HEIMDALL AUGUR

Tamil Nadu CM Vijay slams fuel price hike by Centre, seeks immediate ... Tamil Nadu Chief Minister Joseph Vijay has strongly criticised the recent increase in fuel prices. He called the move “unacceptable” and urged the Union Government to immediately reverse the decision. In a sharp statement, CM Vijay alleged that such hikes place an additional financial burden on ordinary citizens, particularly the poor, lower-income groups, and the middle class, as well as micro and small-scale industries. “The Union Government’s public sector oil companies have increased the prices of petroleum products, particularly by Rs 3 per litre for petrol and Rs 3 per litre for diesel. This is unacceptable,” he said. He further argued that fuel pricing lacks fairness and consistency, pointing out that reductions in international crude oil prices are not adequately reflected at the retail level. He argued that oil marketing companies retain the gains instead of passing the benefit on to consumers. “When crude oil prices decline in the international market, oil companies do not correspondingly reduce the prices of petrol and diesel. Instead, these companies retain the profits for themselves,” the Chie…

'Centre allowing oil companies to make illegitimate profit': Kejriwal on fuel prices Arvind Kejriwal criticized the Centre for high fuel prices. He stated petrol prices should drop from Rs 102 to Rs 82. Kejriwal noted global crude oil prices have declined significantly. He also questioned the impact of E20 ethanol-blended petrol. The AAP leader sought clarifications from automobile manufacturers on fuel concerns.

Govt hikes kerosene price, keeps petrol and diesel unchanged - Pakistan ... March 15, 2026 The government has raised kerosene oil prices by Rs40 per litre, making it the most expensive fuel at Rs358 per litre, while petrol and diesel prices remain unchanged due to a Rs23 billion subsidy for oil marketing companies. News Desk March 15, 2026 ISLAMABAD:The federal government has increased the price of kerosene oil by Rs40 per litre, while keeping the prices of petrol and high-speed diesel (HSD) unchanged for the week ending March 20. According to formal orders issued by the petroleum division of the energy ministry, the prime minister approved the decision to maintain the prices of petrol and HSD at their current levels. To offset the cost, the government has sanctioned a Rs23 billion price differential subsidy for oil marketing companies (OMCs). This subsidy is intended to cover the gap that would have otherwise resulted in significant price hikes for both petrol and HSD. Without the subsidy, petrol and HSD prices would have risen by more than Rs49 and Rs75 per litre, respectively, starting March 14. The government will now pay a price differential of Rs75.05 per litre to the …

TN CM Vijay calls fuel price hike 'unacceptable', seeks rollback CHENNAI:Chief MinisterC Joseph Vijayon Friday criticised the Union government over the increase in petrol and diesel prices, saying the move would impose an additional burden on the common people and trigger a ripple effect across key sectors of the economy. In a statement, Vijay said the decision by public sector oil marketing companies to raise petrol and diesel prices by nearly Rs 3 per litre each was unjustifiable, particularly at a time when international crude oil prices had fluctuated and oil companies continued to post substantial profits. “The fuel price hike will severely affect middle-class families, daily wage earners, and economically weaker sections. It will further increase the financial pressure already being faced by the public,” the Chief Minister said. Highlighting the wider economic implications, Vijay said the increase in fuel prices would inevitably push up transportation costs and lead to a rise in the prices of essential commodities. He cautioned that sectors dependent on fuel consumption, including agriculture, fisheries, manufacturing, and small-scale industries, would face fresh challeng…

India petrol price hike - Crude Oil Peak http://www.voanews.com/content/indias-diesel-price-hike-met-with-backlash/1507787.html 21/9/2012 The government also announced a reduction in massive subsidies for diesel fuel and cooking gas. Diesel prices went up by five rupees, or 12 per cent. “When you increase the price of fuel, the price of everything goes up,” said Sri Lal Chand, 58, a wholesale distributor of grains in Chandni Chowk, one of Delhi’s biggest and oldest wholesale markets. “The lorry driver will pay thousands more in fuel costs for transporting my grains to Delhi. I will then have to charge my buyers to recover the costs,” said Mr Chand, who joined a rally of traders in Delhi. http://www.thenational.ae/news/world/south-asia/india-on-strike-over-government-moves-to-open-retail-market-and-cut-fuel-subsidies 13/9/2012 India will increase diesel prices for the first time in more than a year to meet rising oil import costs and reduce its subsidy bill, which climbed to $15 billion rupees last year. The price of diesel will be raised 14 percent to about 47 rupees (85 cents) a liter in New Delhi, starting midnight, from 41.32 rupees a liter, the oil ministry said in an …

Diesel price hike sends lorry owners into a tailspin SALEM: Condemning the hike in petrol and diesel prices by about Rs 3 per litre, lorry owners in the state said the increase would only add to an already struggling transport sector’s financial burden as well as eventually lead to a rise in the prices of essential commodities. Tamil Nadu State Lorry Owners Federation president C Dhanraj said the price increase has come at a time when lorry operators are already facing severe financial difficulties due to “rising toll charges, higher fitness certificate (FC) renewal costs, increasing spare part prices, and weak freight availability”. While this spells difficulty for the public too, it is much harder for lorry owners as diesel consumption is high in every trip made, he added. “There is intense competition in the market and it is already difficult to find clients. Hence, lorry owners cannot simply increase rental charges citing diesel price rise,” he rued. According to the federation, around 6.5 lakh lorries across Tamil Nadu are affiliated with it in addition to nearly 20 lakh mini lorries. A majority of the operators are small-scale owner-drivers earning between Rs 10,000 and R…

Minister says govt not giving preference to any sector after petrol, diesel prices kept unchanged <p>Petroleum Minister Ali Pervaiz Malik on Saturday dismissed the notion that the government was “giving preference” to one sector or imposing an undue burden on another after it kept petrol and diesel prices <a href="https://www.dawn.com/news/2011069/govt-keeps-petrol-diesel-prices-unchanged-till-further-orders">unchanged </a>“till further orders”.</p> <p>On Friday night, the government kept petrol and high-speed diesel (HSD) prices unchanged at Rs299.50 per litre and Rs311.47 per litre, respectively.</p> <p>In a post on the social media platform X, the petroleum minister shared a table of international oil prices over the past week. According to the number he shared, petrol prices ranged between $90.36 and $98.35 per barrel during June 22-26, while HSD traded between $104.79 and $109.09 per barrel.</p> <p>“The government is neither giving preference to any sector nor imposing any undue burden on the other,” he said.</p> <figure class='media w-full w-full media-- media--embed media--uneven media--tweet' data-original-src='https://x.com/AliPervaiz450/status/207073224793905189…

OMCs may need Rs 25 per litre petrol, diesel price hike to break even The latest increase could be the first in a series of gradual fuel price hikes if crude oil prices remain elevated.The brokerage estimated integrated losses of USD4 per barrel for Indian Oil Corporation, USD8 per barrel for Bharat Petroleum Corporation and USD19 per barrel for Hindustan Petroleum Corporation.The revised Special Additional Excise Duty (SAED) on diesel partly offsets retail fuel losses for OMCs by capping refining gains of standalone refiners.LPG losses have risen sharply due to higher import, logistics and insurance costs following supply disruptions linked to the Strait of Hormuz blockade. By commenting, you agree to theProhibited Content Policy By commenting, you agree to theProhibited Content Policy

Sales shift to state fuel retailers as Nayara, Shell cut losses ET Bureau New Delhi: Private fuel retailers Nayara Energy and Shell ceded market shares in April as they adopted the strategy of letting sales at their fuel pumps decline to arrest mounting losses. Both companies sharply raised pump prices in the weeks after the Iran war started, pushing consumers toward state-run fuel retailers which had chosen to absorb losses by keeping retail prices unchanged despite a sharp rise in crude oil and fuel prices . Petrol and diesel sales at Nayara, India's largest private fuel retailer, plunged 30% and 46%, respectively, in April. In comparison, sales at state-run retailers rose nearly 9% for both fuels, according to industry data. Nayara's market share slipped to 4% in petrol and 3% in diesel in April, from around 6% last year. Read more: West Asia conflict fails to slow oil PSUs' capex push Shell's diesel sales collapsed 77%, reducing its market share to 0.07% from 0.3%. Its petrol sales, however, rose 4%, although its share edged down slightly to 0.5%. Live Events RIL-BP , however, bucked the trend among private fuel retailers, posting robust sales growth. Its petrol sales rose 23%…

Kejriwal demands petrol at Rs 82/litre, E20 fuel at Rs 70/litre Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Thursday demanded a reduction in petrol and diesel prices, claiming that "pure petrol" should be available at Rs 82 per litre and E20 fuel at Rs 70 per litre. Addressing the media in the national capital, Kejriwal said, "Pure petrol should be available in our country at Rs 82 per litre; and if we switch to E20 fuel, I believe the price should drop even further, to around Rs 70 per litre, compared to the Rs 102 currently charged for E20 petrol." Claiming that diesel prices could also be reduced similarly, he said lower fuel prices would provide people with much-needed relief. He said, "We can calculate diesel prices in the same way; diesel prices could also be reduced. If petrol and diesel prices come down, I believe it would deal a significant blow to inflation and provide people with much-needed relief." "On behalf of the people of this country, I demand that the government immediately start supplying pure petrol at Rs 82 per litre; and if E20 is to be supplied, the price should be even lower," Kejriwal added. The AAP chief's remarks come days after Union…

Watch: When will petrol and diesel prices come down? When will petrol and diesel prices come down? Union Petroleum Minister Hardeep Singh Puri says consumers may have to wait, even though global crude oil prices have eased. He said the fuel currently being sold at retail outlets was refined from crude purchased when the West Asia conflict had pushed prices, freight and insurance costs sharply higher.

Petrol, diesel rates may ease as cheaper crude arrives, says oil minister Puri Petrol and diesel prices may soon see a dip as India receives cheaper crude oil, Union Minister Hardeep Singh Puri indicated. He defended domestic fuel pricing, stating increases have been minimal globally despite market volatility. The government has absorbed significant costs through excise duty cuts, shielding consumers from the full impact of rising international rates. Puri also highlighted Sonbhadra's development progress.

Tamil Nadu CM Vijay slams fuel price hike, urges rollback "This is Unacceptable": Tamil Nadu CM Vijay slams fuel price hike, urges rollback Chennai (Tamil Nadu) [India], May 15 (ANI): Tamil Nadu Chief Minister Vijay on Friday criticised the recent increase in petroleum product prices by Union Government public sector oil companies, calling it 'unacceptable' and urging an immediate rollback. Earlier, the Centre hiked prices of petrol and diesel by Rs 3 per litre as the Brent crude price hovers above USD 100 per barrel amid the West Asia crisis. Reacting to the hike, the CM said, 'The Union Government Public Sector Oil Companies have increased the prices of petroleum products, especially petrol by Rs. 3 and diesel by Rs. 3 per litre. This is unacceptable. When the price of crude oil decreases in the international market, the petrol companies do not reduce the prices of petrol and diesel accordingly. Instead, those companies only take the profit.' Calling the timing of the hike inappropriate, he added, 'This increase in the prices of petroleum products after the assembly elections in five states is unacceptable. This price increase will have a huge impact on the monthly income of the…

Excise duty cut fails to offset oil marketing companies' losses amid ... New Delhi [India], March 30 (ANI): Despite the government’s recent move to cut excise duty on petrol and diesel, oil marketing companies (OMCs) may continue to face negative marketing margins, as rising crude oil prices and controlled retail fuel rates offset the benefits of the tax relief, according to a report by Nomura. The government on March 27, announced a reduction of Rs 10 per litre in excise duty on both petrol and diesel to ease pressure on OMCs. However, the report noted that the relief may not be sufficient to restore profitability in fuel retailing. “We estimate that marketing margins for OMCs may continue to be negative despite the excise duty cuts,” Nomura said, highlighting that the primary reason remains the sharp increase in crude oil prices while pump prices have largely remained unchanged. The report pointed out that OMCs are currently absorbing losses on fuel sales due to a mismatch between input costs and retail pricing. “OMCs are facing significant losses due to a sharp rise in crude oil prices, while retail pump prices have been kept stable,” it added. Data presented in the report…

'Unacceptable': Tamil Nadu CM Vijay Slams Fuel Price Hike, Demands ... C hennai: Hours after petrol and diesel prices were hiked across India by around Rs 3 per litre on Friday, the Opposition pounced on the Narendra Modi government in protest. Advertisement Questioning the timing of the hike, Tamil Nadu Chief Minister Vijay called the decision "unacceptable". In a statement released by the CMO, Tamil Nadu, Vijay said: "The Union Government's public sector oil companies have increased the prices of petroleum products, especially petrol by Rs 3 per litre and diesel by Rs 3 per litre. This is unacceptable." Vijay pointed out that when the price of crude oil in the international market decreases, the petrol companies do not reduce the prices of petrol and diesel accordingly, and, instead, only take profits. "This increase in the price of petroleum products after the assembly elections in five states is wrong," he contended. Stating that the increase burdens common people, raises transport and living costs and exacerbates inflation, Vijay called on the Centre to reconsider the move. "This price increase will have a significant impact on the monthly income of the poor, poor and middle-…

Govt not planning any financial support to oil companies for their ... The government has no plan at present to compensate public sector oil marketing companies (OMCs) for their losses on sale of petrol, diesel, and jet fuel below market prices, a senior Petroleum Ministry official said on Monday. The comments come at a time when there is growing speculation over the possibility of an increase in fuel prices, particularly petrol and diesel. Despite the surge ininternational oil and fuel prices amid the West Asia crisis, retail prices of regular petrol and diesel haven’t been hiked. In the case of ATF, or jet fuel, just about 25% of the price increase was passed on for domestic flights on April 1, although a full passthrough was done for international flights. Consequently, public sector OMCs—Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation—are incurring heavy losses on the sale of these fuels, and have been pushing for price hikes, it is learnt. Petrol and diesel prices have not been hiked for over four years now in India. Moreover, the timing of the current global surge in prices, which clashed with assembly elections in some states, ma…

Nayara Energy cuts petrol price by Rs 5, diesel by Rs 3 amid softening ... Listen to this article in summarized format Listen Loading... × × Subscribe to Unlock AI Briefing and Premium Content New Year Offer 24 Hours Left Subscribe Now Already a member? Sign In What's Included Exclusive Stories Daily ePaper Access Smart Market Tools Curated Investment Ideas Ad-lite Experience Subscription ANI Petrol and diesel prices revised today Nayara Energy, India's largest private fuel retailer , on Wednesday cut petrol prices by Rs 5 per litre and diesel by Rs 3 a litre across its nationwide network, marking the first reduction in retail fuel prices by any company in more than two years as easing tensions in West Asia pulled down international oil prices. The price cut follows a retreat in global crude oil prices after hostilities in West Asia eased and the reopening of a key maritime route restored the flow of crude oil and liquefied natural gas, reducing concerns over supply disruptions. Also read: Cylinder prices slashed: Commercial LPG down Rs 183.50 from July 1, first cut in 2026 The revised rates have come into effect at all of Nayara's more than 7,000 fuel stations across the country,…

Arvind Kejriwal calls for petrol price cut to Rs 82 per litre and E20 ... Nation and Beyond Arvind Kejriwal calls for petrol price cut to Rs 82 per litre and E20 to Rs 70 TNM (With ANI Inputs) | Published On: Jul 9, 2026 ANI Photo | Arvind Kejriwal calls for petrol price cut to Rs 82 per litre and E20 to Rs 70 Aam Aadmi Party national convenor Arvind Kejriwal on Thursday urged the government to reduce petrol and diesel prices, stating that “pure petrol” should be priced at Rs 82 per litre and E20 fuel at Rs 70 per litre. Speaking to the media in New Delhi, Kejriwal said, “Pure petrol should be available in our country at Rs 82 per litre; and if we switch to E20 fuel, I believe the price should drop even further, to around Rs 70 per litre, compared to the Rs 102 currently charged for E20 petrol.” Also Read France start Desire Doue and bench Bradley Barcola against Morocco in World Cup quarter-final PM Modi’s three-nation tour strengthens India’s defence, energy and strategic partnerships Ex-TMC MPs Sushmita Dev and Sukhendu Roy join BJP, citing trust in PM Modi’s vision He added that diesel prices could be lowered in a similar manner and that reducing fuel costs would provide subst…

‘Good politics but bad economics’?: Why Malaysia is rolling out new diesel subsidies Malaysia’s move to lower diesel prices to RM2.10 (US$0.50) per litre for all citizens could squeeze the government’s fiscal space if oil prices rise again, analysts warn.

Fuel Shortage Fear: Maha Govt Clarifies - Times Now Amid global concerns over energy supply due to the war in the Middle East , Maharashtra Food and Civil Supplies Minister Chhagan Bhujbal, on Monday, assured the citizens that there is no shortage of fuel in the state, as he appealed to people not to panic or indulge in hoarding. Speaking at a high-level review meeting, he said diesel sales have risen by 52 per cent and petrol sales by 23 per cent due to rumours of fuel scarcity. He also reviewed the supply and distribution of LPG and PNG gas in the state. Breaking It Down What caused the recent surge in fuel demand? How are oil companies managing the supply situation? What measures did the government take to reassure citizens? Created with AI. Govt Monitoring Fuel Supplies Across Country As the situation in West Asia remains on an ever-evolving mode, the government is monitoring fuel supplies across the country on a daily basis and taking immediate corrective steps to ensure adequate stocks are available, a senior official said on Monday, citing panic buying at petrol pumps in parts of Gujarat, Maharashtra and Uttar Pradesh. Sujata Sharma, Joint Secretary in the Ministry of Petro…