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Petrol and diesel costliest ever in Mumbai The price of petrol is at a record high in Mumbai today as it crossed the Rs 92 mark for the first time. In the financial capital of the country, the price of petrol now stands at Rs 92.04 per litre. The diesel price in Mumbai is Rs 82.40 per litre. The State-controlled oil marketing companies (OMCs) increased the pump prices of petrol and diesel again on Friday across the country, after keeping the rates static for two days. Following today’s rate revision, petrol prices were hiked by 22-25 paise a litre while the price of diesel was raised by 23-27 paise across major metro cities. On the other hand, in Delhi, petrol prices jumped to Rs 85.45 a litre as against Rs 85.20 per litre on Thursday while diesel is retailing at Rs 75.63 per litre, according to the data from Indian Oil Corporation website. This is also the highest price for petrol in the national capital till date. State-owned fuel retailers -- Indian Oil Corporation Ltd … [Read more...] about Mumbai: Petrol price crosses Rs 92 mark for the first time, diesel priced at Rs 82.40 per litre

Brent crude futures fell 47 cents, or 0.8%, to $55.61 a barrel by 1030 GMT.U.S. West Texas Intermediate (WTI) crude futures fell 43 cents, or 0.8%, to $52.88 a barrel, following two days of gains on expectations of massive COVID-19 relief spending under new U.S. President Joe Biden.U.S. crude oil inventories rose 2.6 million barrels in the week to Jan. 15, according to data from industry group the American Petroleum Institute, compared with analysts' forecasts in a Reuters poll for a 1.2 million barrel fall.Official Energy Information Administration (EIA) inventory data is due on Friday."If delayed EIA numbers tomorrow show a similar crude oil build, it would be the first build seen since early December," analysts at bank ING said.Rising COVID-19 cases in China, the world's largest crude oil importer, also weighed on prices.Beijing plans to impose strict COVID testing requirements during the Lunar New Year holiday season, when tens of millions of people are expected to travel, as it … [Read more...] about Oil dips after unexpected rise in US crude stocks

Oil prices fell on Thursday after data showed U.S. crude stocks unexpectedly rose last week, reigniting worries about pandemic restrictions cutting into fuel demand. US West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.5%, to $53.04 a barrel at 0147 GMT, following two days of gains on hopes of massive COVID-19 relief spending under new U.S. President Joe Biden,  a Reuters report said. … [Read more...] about Fuel prices unchanged for 2nd day after hitting new record high: Check fuel prices in metro cities on January 21, 2021

Prices of petrol and diesel have now touched a record high in Mumbai and Delhi after yet another hike on Friday. Price of a litre of petrol in Mumbai will now cost Rs 92.04 while diesel will cost Rs 82.40 per litre. After keeping the rates static for two days, the State-controlled oil marketing companies increased the pump prices of petrol and diesel today. And Twitter has jumped in to talk about it. As soon as the fresh price hike was reported, ‘Petrol Price’ started trending on Twitter and netizens flooded the microblogging site with their opinions, criticisms and of course hilarious memes, many with a Bollywood connection. Untitled Carousel Mumbai: Petrol price crosses Rs 92 mark for the first time, diesel priced at Rs 82.40 per litreThe price of petrol is at a record high in Mumbai today as it crossed the Rs 92 mark for the first time. In the financial capital of the country, the price of petrol now stands at Rs 92.04 per litre. … [Read more...] about Netizens react with memes after petrol, diesel prices hit record high in Mumbai

He also demanded that the West Bengal government take a positive decision on bus fare hike in view of the rising operating costs and lower passenger revenue owing to Covid pandemic, failing which he said that the bus operators will go on a three-day strike across the state from January 28. … [Read more...] about Bus operators in Bengal announces three days strike due to hike in diesel price