Times of India | Petrol, diesel prices up by Rs 3, CNG by Rs 2, further hike likely; no change in piped gas yet
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NEW DELHI – Public‑sector oil firms raised petrol and diesel prices by about ₹3 per litre in metros on Friday, a smaller hike than expected, while piped cooking‑gas prices remained unchanged. The increase, which only partly offsets state‑run retailers’ under‑recoveries (estimated at ₹10 per litre for petrol and ₹13 for diesel), comes as crude costs for Indian refiners have jumped 53 % this year and the cost of refined fuels has risen roughly 75 %. Although the government has not ruled out further hikes, any additional rise will require approval and depend on timing. Ratings agencies note that oil marketers have been absorbing daily losses of up to ₹1,000 crore, after previous excise‑duty relief reduced their losses but not eliminated them.
NEW DELHI: Amid mounting losses, public sector oil firms announced the much-anticipated increase in petrol and diesel prices, raising it by around Rs 3 a litre across metros on Friday, which was lower than expected. Piped kitchen gas prices were, however, left unchanged.
Times of India | Fuel supply stable in Odisha: Indian Oil
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Indian Oil Corporation confirmed that, despite ongoing geopolitical tensions affecting global energy markets, the supply of LPG, petrol and diesel across Odisha remains normal and stable. The company said it continuously monitors the situation to guarantee uninterrupted fuel availability and has introduced an easy‑to‑use grievance system for Indane LPG customers, including a 24‑hour helpline (1906) for emergencies and a toll‑free number (1800‑2333‑555) for general complaints. Consumers can also lodge and track complaints online via Indian Oil’s website, the Indian Oil ONE mobile app, or by using their 17‑digit LPG ID, with each issue assigned a unique Service Request Number and a target resolution time of up to three days.
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Times of India | Absolutely no shortage! IOCL assures sufficient supply of petrol, diesel amid Middle East crisis
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Indian Oil Corporation Limited (IOCL) said that petrol and diesel supplies remain stable across Punjab, Himachal Pradesh, Jammu & Kashmir, Ladakh and Chandigarh, with depot stocks equal to about 12 days of petrol and 16 days of diesel and retail‑outlet stocks of roughly 13 days of petrol and 6 days of diesel, reassuring consumers that there is no shortage. The company added that LPG supplies are normal, although delivery times have stretched from around two days to six days due to a surge in bookings, and noted that about 60 % of India’s LPG is imported—most of it from the Middle East—while domestic refineries are meeting around 80 % of regional demand. Ongoing coordination between oil companies and government authorities is helping maintain uninterrupted fuel supplies despite the volatility caused by the Middle East conflict.
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India Business News: Indian Oil Corporation Limited (IOCL) on Tuesday assured that supplies of petrol and diesel remain stable in the country despite ongoing supplies trig.
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