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Last Updated:May 19, 2026, 10:30 PM IST Bharat Petroleum Chairman Sanjay Khanna said force majeure declarations by some Gulf suppliers have pushed the refiner to increase spot buying. Bharat Petroleum (File Image) Bharat Petroleum Corporation’s chairman, Sanjay Khanna, on Tuesday said the refiner is reviewing its crude import strategy on an almost daily basis and…
Last Updated:May 15, 2026, 08:56 IST Over the past few days, some of the strongest signals yet have emerged that this may not be the last fuel-price revision India sees. Petrol and Diesel prices have risen by Rs 3 per litre. The Rs 3.08-per-litre increase in petrol and diesel prices may have come as a…
Last Updated:May 14, 2026, 10:06 IST On Sunday, PM Modi appealed to citizens to reduce fuel consumption by adopting measures such as work from home, increased use of electric vehicles & even online classes for schools Although retail fuel prices have not yet been revised upward, oil marketing companies are reportedly facing growing pressure because…
Last Updated:May 11, 2026, 4:16 PM IST Discussions are reportedly underway between the finance and petroleum ministries and oil marketing companies over a possible fuel price hike amid the US-Iran deadlock. PM Modi’s call for reduced fuel usage has raised concerns of a price hike. (Representational Image) Prime Minister Narendra Modi’s appeal to citizens to…
Last Updated:May 09, 2026, 09:19 IST As crude remains above $100 per barrel, the government has been taking a hit of about Rs 1,000 crore daily for the past 70 days since the West Asia conflict started. India is the only major economy that has not passed the higher petroleum cost on to consumers despite…