SlideShare a Scribd company logo
INDIA FUEL PRICE
UPDATE
#India's#FuelPrices Update for#Petrol #Diesel and#JetFuel Price in #Delhi #Kolkatta #Mumbai #Chennai
Here is the price change listof Petrol andDiesel inFourMetro Citiesof Indiaw.e.f.midnightof 16th January2015
and 17th January2015 withprice change listforJetFuel inFour Metro Citiesof Indiaw.e.f frommidnightof 31st
December2014 and 1st January2015.
#JetFuel isa#Colorless#Combustible straight-run#PetroleumDistillateLiquid.Itsprincipal usesare as#JetEngineFuel
#AviationFuelPrice , w.e.f - Witheffectfrom.
#Fuels#PetrolPrices#DieselPrices#Gasoline #GasolinePrices#GasPrices#EssentialOil#Fuels#OilPrices#ATF
#AviationTurbineFuel #JetFuelPrice #DomesticAirlines
For more Informative postsclick:
https://www.linkedin.com/company/jhunjhunwalas
Press Releases:
Petrol and Diesel Price change NewDelhi, December15, 2014
IndianOil CorporationLtd.hasdecidedtoeffectthe followingprice changesw.e.fmidnightof 15th December/16th
December'14
· Decrease inRetail SellingPrice of Petrol byRs.2.00 /litre atDelhi (includingstate levies)withcorresponding
decrease inotherstates.
· Decrease inRetail SellingPrice of Diesel (Retail) byRs.2.00 /litre atDelhi (includingstate levies) withcorresponding
decrease inotherstates.
The pricesof Petrol andDiesel were lastreviseddownwardsw.e.f.1stDecember'14by Rs.0.91/ litre andRs. 0.84/
litre respectively(includingstate leviesatDelhi) onthe backof declininginternational oil prices.
Since the above price changes,the international pricesof bothPetrol andDieselhave continuedtobe ona
downtrend.The INR-USDexchange rate hashoweverappreciatedsince the lastprice change.The combinedimpact
of boththese factorswarranta decrease inRetail SellingPricesof bothPetrol andDiesel.
The movementof pricesininternational oil marketandINR-USDexchange rate shall continue tobe closely
monitoredanddevelopingtrendsof the marketwill be reflectedinfuture price changes.
Petrol and Diesel Price change Share on email Email Print ; New Delhi, November 30, 2014
Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 30th
November'14 / 1st December'14
• Decrease in Retail Selling Price of Petrol by Rs. 0.91 /litre at Delhi (including state levies) with
corresponding decrease in other states.
• Decrease in Retail Selling Price of Diesel (Retail) by Rs. 0.84 /litre at Delhi (including state levies) with
corresponding decrease in other states.
The prices of Petrol and Diesel were last revised downwards w.e.f. 1st November'14 by Rs. 2.41/ litre and
Rs. 2.25/ litre respectively (including state levies at Delhi) on the back of declining international oil prices.
Since the above price changes, the international prices of both Petrol and Diesel have continued to be on a
downtrend. The INR-USD exchange rate has however appreciated since the last price change. The
combined impact of both these factors warrant a decrease in Retail Selling Prices of both Petrol and Diesel.
The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely
monitored and developing trends of the market will be reflected in future price changes
Petrol and Diesel Price Change : New Delhi , 31st October 2014
Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 31st
October'14/ 1st November'14
• Decrease in Retail Selling Price of Petrol by Rs. 2.41 /litre at Delhi (including state levies) with
corresponding decrease in other states.
• Decrease in Retail Selling Price of Diesel (Retail) by Rs. 2.25 /litre at Delhi (including state levies) with
corresponding decrease in other states.
The price of Petrol was last revised downwards w.e.f. 15th Oct'14 by Rs. 1.21/ litre (including state levies at
Delhi) on the back of declining international oil prices.
As for Diesel prices, the Government decided to make Diesel prices market determined for all consumers
on 18th October, 2014. Subsequently, w.e.f 19.10.2014, based on prevailing level of international prices
and INR-USD exchange rate, the selling price of Diesel in domestic market was reduced by Rs. 3.37/ litre
(including state levies at Delhi) with corresponding decrease in other states.
Since the above price changes, the international prices of both Petrol and Diesel have continued to be on a
downtrend. The INR-USD exchange rate has appreciated slightly since the last price change. The combined
impact of both these factors warrant the said decrease in Retail Selling Prices of Petrol and Diesel.
The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely
monitored and developing trends of the market will be reflected in future price changes.
Petrol Price Change w.e.f midnight of 14th / 15th Oct'14
Petrol prices were last revised w.e.f 1st Oct'14 when Retail Selling Price was reduced by Rs 0.65/litre
(including VAT) at Delhi with corresponding decrease in other states. This reduction was mainly on the back
of a declining trend in international petrol prices.
Since last price change, international petrol prices have continued to show a downward trend. However,
the INR-USD exchange rate has depreciated. Despite INR-USD depreciation, the fall in international oil
prices warrant a decrease in selling price of petrol in the domestic market. Thus a downward revision in
selling price of petrol by Re 1.00 /litre (excluding state levies) is being effected from midnight of 14th/15th
Oct'14. With this price revision, Retail Selling Price at Delhi shall decrease by Rs 1.21/litre (including VAT),
with corresponding decrease in other states.
Diesel (Retail) Price Change w.e.f midnight of 18/19 Oct'14
On 18.10.14, the Government has decided to make the price of Diesel market determined at both Retail
and Refinery Gate level for all consumers wef midnight of 18/19th Oct14. Henceforth, Oil Marketing
Companies (OMCs) are free to determine selling prices of the product in the domestic market.
The International oil prices have been on a steady and steep decline in the last few weeks. The falling
international prices of Diesel warrant a decrease in selling price of Diesel in the domestic market. Thus a
downward revision in selling price of Diesel is being effected w.e.f midnight of 18/19th Oct'14.
With this price revision, RSP at Delhi of Diesel shall decrease by Rs 3.37/litre (including VAT), with
corresponding decrease in other States.
The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely
monitored and developing trends of the market will be reflected in future price changes in Diesel prices.
The existing and proposed selling prices and reduction thereof in prices being effected for the four metros
is given below :
Fuel Price Change for Petrol, Diesel, and JetFuel in India

More Related Content

What's hot

Lesotho fuel white paper
Lesotho fuel white paper  Lesotho fuel white paper
Lesotho fuel white paper
Tristan Wiggill
 
Sh 2013-q3-icra-indian oil gas upstream
Sh 2013-q3-icra-indian oil   gas upstreamSh 2013-q3-icra-indian oil   gas upstream
Sh 2013-q3-icra-indian oil gas upstream
vishaleverest2014
 
Petrol price in india
Petrol price in indiaPetrol price in india
Petrol price in india
Megha Das
 
Oil and gas industry v1.2
Oil and gas industry v1.2Oil and gas industry v1.2
Oil and gas industry v1.2dheerajw88
 
01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALS
01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALS01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALS
01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALSsrikanth bathula
 
Oil and Gas industry in India-3
Oil and Gas industry in India-3Oil and Gas industry in India-3
Oil and Gas industry in India-3Atulya Srivastava
 
Impact of crudeoil price on indian economy
Impact of crudeoil price on indian economyImpact of crudeoil price on indian economy
Impact of crudeoil price on indian economySarath Karan
 
2. Indian Taxation. Customs Duty.
2. Indian Taxation. Customs Duty.2. Indian Taxation. Customs Duty.
2. Indian Taxation. Customs Duty.
Divyanshu Dayal
 
Crude oil presentation.
Crude oil presentation.Crude oil presentation.
Crude oil presentation.
Ravi shankar Tiwari
 
Oil & gas industry in india
Oil & gas industry in indiaOil & gas industry in india
Oil & gas industry in india
suyash gunjal
 
MANAGERIAL ECONOMICS
MANAGERIAL ECONOMICSMANAGERIAL ECONOMICS
MANAGERIAL ECONOMICS
ICFAI Business School
 
Oil and gas industry
Oil and gas industryOil and gas industry
Oil and gas industrydomsr
 

What's hot (13)

Lesotho fuel white paper
Lesotho fuel white paper  Lesotho fuel white paper
Lesotho fuel white paper
 
Sh 2013-q3-icra-indian oil gas upstream
Sh 2013-q3-icra-indian oil   gas upstreamSh 2013-q3-icra-indian oil   gas upstream
Sh 2013-q3-icra-indian oil gas upstream
 
Petrol price in india
Petrol price in indiaPetrol price in india
Petrol price in india
 
Oil and gas industry v1.2
Oil and gas industry v1.2Oil and gas industry v1.2
Oil and gas industry v1.2
 
01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALS
01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALS01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALS
01 IMPACT OF TAXATION ON PROCUREMENT OF MATERIALS
 
Oil and Gas industry in India-3
Oil and Gas industry in India-3Oil and Gas industry in India-3
Oil and Gas industry in India-3
 
Impact of crudeoil price on indian economy
Impact of crudeoil price on indian economyImpact of crudeoil price on indian economy
Impact of crudeoil price on indian economy
 
2. Indian Taxation. Customs Duty.
2. Indian Taxation. Customs Duty.2. Indian Taxation. Customs Duty.
2. Indian Taxation. Customs Duty.
 
Crude oil presentation.
Crude oil presentation.Crude oil presentation.
Crude oil presentation.
 
Oil & gas industry in india
Oil & gas industry in indiaOil & gas industry in india
Oil & gas industry in india
 
MANAGERIAL ECONOMICS
MANAGERIAL ECONOMICSMANAGERIAL ECONOMICS
MANAGERIAL ECONOMICS
 
Oil and gas industry
Oil and gas industryOil and gas industry
Oil and gas industry
 
Eco ppt 2
Eco ppt 2Eco ppt 2
Eco ppt 2
 

More from Jhunjhunwalas

European Central Bank . . an intro
European Central Bank . .  an intro European Central Bank . .  an intro
European Central Bank . . an intro
Jhunjhunwalas
 
Start Saving . . . Investing
Start Saving . . . InvestingStart Saving . . . Investing
Start Saving . . . Investing
Jhunjhunwalas
 
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015#IIp #IndexofIndustrialProduction #Statistics Update till May 2015
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015
Jhunjhunwalas
 
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...#Exchange ratesof #foreign #currency relating to #import #export of goods fro...
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...
Jhunjhunwalas
 
#Crude oil data update as on 6th july 2015
#Crude oil data update as on 6th july 2015#Crude oil data update as on 6th july 2015
#Crude oil data update as on 6th july 2015Jhunjhunwalas
 
#India #ministryof agriculture #release update for 2015
#India #ministryof agriculture #release update for 2015#India #ministryof agriculture #release update for 2015
#India #ministryof agriculture #release update for 2015Jhunjhunwalas
 
#Asian economies update as on april 2015
#Asian economies update as on april 2015#Asian economies update as on april 2015
#Asian economies update as on april 2015
Jhunjhunwalas
 
#Financial concepts explained
#Financial concepts explained#Financial concepts explained
#Financial concepts explained
Jhunjhunwalas
 
Introduction to #philippines #maldives #malaysia economy
Introduction to #philippines #maldives #malaysia economyIntroduction to #philippines #maldives #malaysia economy
Introduction to #philippines #maldives #malaysia economyJhunjhunwalas
 
Introduction to #rbi #reserve bankofindia along with #india #policyrates update
Introduction to #rbi #reserve bankofindia along with #india #policyrates updateIntroduction to #rbi #reserve bankofindia along with #india #policyrates update
Introduction to #rbi #reserve bankofindia along with #india #policyrates update
Jhunjhunwalas
 
#Financial jargons simplified
#Financial jargons simplified#Financial jargons simplified
#Financial jargons simplified
Jhunjhunwalas
 
India s index of eight core industries from june to december 2014
India s index of eight core industries from june to december 2014India s index of eight core industries from june to december 2014
India s index of eight core industries from june to december 2014
Jhunjhunwalas
 
Introduction to finance
Introduction to financeIntroduction to finance
Introduction to finance
Jhunjhunwalas
 
Higher Education in India 2014
Higher Education in India 2014Higher Education in India 2014
Higher Education in India 2014
Jhunjhunwalas
 
India's per capita food grain for 2014
India's per capita food grain for 2014India's per capita food grain for 2014
India's per capita food grain for 2014
Jhunjhunwalas
 
India's UREA Trade on 2013-14 and 2014-15 up to November 2014.
India's UREA Trade on 2013-14 and 2014-15 up to November 2014.India's UREA Trade on 2013-14 and 2014-15 up to November 2014.
India's UREA Trade on 2013-14 and 2014-15 up to November 2014.
Jhunjhunwalas
 
Fdi india 2014
Fdi india 2014Fdi india 2014
Fdi india 2014
Jhunjhunwalas
 
India's Rice Trade for 2014
India's Rice Trade for 2014India's Rice Trade for 2014
India's Rice Trade for 2014
Jhunjhunwalas
 
India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...
India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...
India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...
Jhunjhunwalas
 
India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014
India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014
India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014
Jhunjhunwalas
 

More from Jhunjhunwalas (20)

European Central Bank . . an intro
European Central Bank . .  an intro European Central Bank . .  an intro
European Central Bank . . an intro
 
Start Saving . . . Investing
Start Saving . . . InvestingStart Saving . . . Investing
Start Saving . . . Investing
 
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015#IIp #IndexofIndustrialProduction #Statistics Update till May 2015
#IIp #IndexofIndustrialProduction #Statistics Update till May 2015
 
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...#Exchange ratesof #foreign #currency relating to #import #export of goods fro...
#Exchange ratesof #foreign #currency relating to #import #export of goods fro...
 
#Crude oil data update as on 6th july 2015
#Crude oil data update as on 6th july 2015#Crude oil data update as on 6th july 2015
#Crude oil data update as on 6th july 2015
 
#India #ministryof agriculture #release update for 2015
#India #ministryof agriculture #release update for 2015#India #ministryof agriculture #release update for 2015
#India #ministryof agriculture #release update for 2015
 
#Asian economies update as on april 2015
#Asian economies update as on april 2015#Asian economies update as on april 2015
#Asian economies update as on april 2015
 
#Financial concepts explained
#Financial concepts explained#Financial concepts explained
#Financial concepts explained
 
Introduction to #philippines #maldives #malaysia economy
Introduction to #philippines #maldives #malaysia economyIntroduction to #philippines #maldives #malaysia economy
Introduction to #philippines #maldives #malaysia economy
 
Introduction to #rbi #reserve bankofindia along with #india #policyrates update
Introduction to #rbi #reserve bankofindia along with #india #policyrates updateIntroduction to #rbi #reserve bankofindia along with #india #policyrates update
Introduction to #rbi #reserve bankofindia along with #india #policyrates update
 
#Financial jargons simplified
#Financial jargons simplified#Financial jargons simplified
#Financial jargons simplified
 
India s index of eight core industries from june to december 2014
India s index of eight core industries from june to december 2014India s index of eight core industries from june to december 2014
India s index of eight core industries from june to december 2014
 
Introduction to finance
Introduction to financeIntroduction to finance
Introduction to finance
 
Higher Education in India 2014
Higher Education in India 2014Higher Education in India 2014
Higher Education in India 2014
 
India's per capita food grain for 2014
India's per capita food grain for 2014India's per capita food grain for 2014
India's per capita food grain for 2014
 
India's UREA Trade on 2013-14 and 2014-15 up to November 2014.
India's UREA Trade on 2013-14 and 2014-15 up to November 2014.India's UREA Trade on 2013-14 and 2014-15 up to November 2014.
India's UREA Trade on 2013-14 and 2014-15 up to November 2014.
 
Fdi india 2014
Fdi india 2014Fdi india 2014
Fdi india 2014
 
India's Rice Trade for 2014
India's Rice Trade for 2014India's Rice Trade for 2014
India's Rice Trade for 2014
 
India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...
India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...
India's Exchange Rate of Foreign Currency Relating to Imported and Export Goo...
 
India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014
India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014
India’s Consumer Price Inflation and Wholesale Price Inflation update for 2014
 

Recently uploaded

Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
KaiNexus
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
zoyaansari11365
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Boris Ziegler
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
Kirill Klimov
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
fisherameliaisabella
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdfBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
daothibichhang1
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
LuanWise
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
SynapseIndia
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Arihant Webtech Pvt. Ltd
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
bosssp10
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 

Recently uploaded (20)

Enterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdfEnterprise Excellence is Inclusive Excellence.pdf
Enterprise Excellence is Inclusive Excellence.pdf
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
Agency Managed Advisory Board As a Solution To Career Path Defining Business ...
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
 
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdfModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdfBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
 
Premium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern BusinessesPremium MEAN Stack Development Solutions for Modern Businesses
Premium MEAN Stack Development Solutions for Modern Businesses
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
Call 8867766396 Satta Matka Dpboss Matka Guessing Satta batta Matka 420 Satta...
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 

Fuel Price Change for Petrol, Diesel, and JetFuel in India

  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. #India's#FuelPrices Update for#Petrol #Diesel and#JetFuel Price in #Delhi #Kolkatta #Mumbai #Chennai Here is the price change listof Petrol andDiesel inFourMetro Citiesof Indiaw.e.f.midnightof 16th January2015 and 17th January2015 withprice change listforJetFuel inFour Metro Citiesof Indiaw.e.f frommidnightof 31st December2014 and 1st January2015. #JetFuel isa#Colorless#Combustible straight-run#PetroleumDistillateLiquid.Itsprincipal usesare as#JetEngineFuel #AviationFuelPrice , w.e.f - Witheffectfrom. #Fuels#PetrolPrices#DieselPrices#Gasoline #GasolinePrices#GasPrices#EssentialOil#Fuels#OilPrices#ATF #AviationTurbineFuel #JetFuelPrice #DomesticAirlines For more Informative postsclick: https://www.linkedin.com/company/jhunjhunwalas
  • 9. Press Releases: Petrol and Diesel Price change NewDelhi, December15, 2014 IndianOil CorporationLtd.hasdecidedtoeffectthe followingprice changesw.e.fmidnightof 15th December/16th December'14 · Decrease inRetail SellingPrice of Petrol byRs.2.00 /litre atDelhi (includingstate levies)withcorresponding decrease inotherstates. · Decrease inRetail SellingPrice of Diesel (Retail) byRs.2.00 /litre atDelhi (includingstate levies) withcorresponding decrease inotherstates. The pricesof Petrol andDiesel were lastreviseddownwardsw.e.f.1stDecember'14by Rs.0.91/ litre andRs. 0.84/ litre respectively(includingstate leviesatDelhi) onthe backof declininginternational oil prices. Since the above price changes,the international pricesof bothPetrol andDieselhave continuedtobe ona downtrend.The INR-USDexchange rate hashoweverappreciatedsince the lastprice change.The combinedimpact of boththese factorswarranta decrease inRetail SellingPricesof bothPetrol andDiesel. The movementof pricesininternational oil marketandINR-USDexchange rate shall continue tobe closely monitoredanddevelopingtrendsof the marketwill be reflectedinfuture price changes. Petrol and Diesel Price change Share on email Email Print ; New Delhi, November 30, 2014 Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 30th November'14 / 1st December'14 • Decrease in Retail Selling Price of Petrol by Rs. 0.91 /litre at Delhi (including state levies) with corresponding decrease in other states. • Decrease in Retail Selling Price of Diesel (Retail) by Rs. 0.84 /litre at Delhi (including state levies) with corresponding decrease in other states. The prices of Petrol and Diesel were last revised downwards w.e.f. 1st November'14 by Rs. 2.41/ litre and Rs. 2.25/ litre respectively (including state levies at Delhi) on the back of declining international oil prices. Since the above price changes, the international prices of both Petrol and Diesel have continued to be on a downtrend. The INR-USD exchange rate has however appreciated since the last price change. The combined impact of both these factors warrant a decrease in Retail Selling Prices of both Petrol and Diesel. The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely monitored and developing trends of the market will be reflected in future price changes Petrol and Diesel Price Change : New Delhi , 31st October 2014 Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of 31st October'14/ 1st November'14 • Decrease in Retail Selling Price of Petrol by Rs. 2.41 /litre at Delhi (including state levies) with corresponding decrease in other states.
  • 10. • Decrease in Retail Selling Price of Diesel (Retail) by Rs. 2.25 /litre at Delhi (including state levies) with corresponding decrease in other states. The price of Petrol was last revised downwards w.e.f. 15th Oct'14 by Rs. 1.21/ litre (including state levies at Delhi) on the back of declining international oil prices. As for Diesel prices, the Government decided to make Diesel prices market determined for all consumers on 18th October, 2014. Subsequently, w.e.f 19.10.2014, based on prevailing level of international prices and INR-USD exchange rate, the selling price of Diesel in domestic market was reduced by Rs. 3.37/ litre (including state levies at Delhi) with corresponding decrease in other states. Since the above price changes, the international prices of both Petrol and Diesel have continued to be on a downtrend. The INR-USD exchange rate has appreciated slightly since the last price change. The combined impact of both these factors warrant the said decrease in Retail Selling Prices of Petrol and Diesel. The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely monitored and developing trends of the market will be reflected in future price changes. Petrol Price Change w.e.f midnight of 14th / 15th Oct'14 Petrol prices were last revised w.e.f 1st Oct'14 when Retail Selling Price was reduced by Rs 0.65/litre (including VAT) at Delhi with corresponding decrease in other states. This reduction was mainly on the back of a declining trend in international petrol prices. Since last price change, international petrol prices have continued to show a downward trend. However, the INR-USD exchange rate has depreciated. Despite INR-USD depreciation, the fall in international oil prices warrant a decrease in selling price of petrol in the domestic market. Thus a downward revision in selling price of petrol by Re 1.00 /litre (excluding state levies) is being effected from midnight of 14th/15th Oct'14. With this price revision, Retail Selling Price at Delhi shall decrease by Rs 1.21/litre (including VAT), with corresponding decrease in other states. Diesel (Retail) Price Change w.e.f midnight of 18/19 Oct'14 On 18.10.14, the Government has decided to make the price of Diesel market determined at both Retail and Refinery Gate level for all consumers wef midnight of 18/19th Oct14. Henceforth, Oil Marketing Companies (OMCs) are free to determine selling prices of the product in the domestic market. The International oil prices have been on a steady and steep decline in the last few weeks. The falling international prices of Diesel warrant a decrease in selling price of Diesel in the domestic market. Thus a downward revision in selling price of Diesel is being effected w.e.f midnight of 18/19th Oct'14. With this price revision, RSP at Delhi of Diesel shall decrease by Rs 3.37/litre (including VAT), with corresponding decrease in other States. The movement of prices in international oil market and INR-USD exchange rate shall continue to be closely monitored and developing trends of the market will be reflected in future price changes in Diesel prices. The existing and proposed selling prices and reduction thereof in prices being effected for the four metros is given below :