Jaipur, May 15 (IANS) Petrol and diesel prices have been sharply increased by oil companies with the revised rates coming into effect from Friday night. Following the hike, petrol in Jaipur is now being sold at Rs 107.97 per litre. Meanwhile, Sri Ganganagar has recorded the highest petrol price in Rajasthan, with rates reaching Rs 109.46 per litre.Diesel prices in the district have also climbed to Rs 94.74 per litre. The increase is being linked to the continued rise in crude oil prices in the i…
Latest Indian Oil Corporation News & Updates
New Delhi, May 15 (IANS) As oil marketing companies (OMCs) face mounting losses amid the ongoing West Asia crisis, they raised petrol and diesel prices by Rs 3 per litre each on Friday.The revised rates came into effect immediately across the country. In Delhi, petrol prices rose by Rs 3.14 per litre to Rs 97.77, while diesel became costlier by Rs 3.11 per litre.Meanwhile, amid the Middle East crisis, oil companies have also raised CNG prices. Effective Friday, the price of CNG has increased by …
Mumbai, May 12 (IANS) India’s state-run oil marketing companies (OMCs) are staring at the possibility of their entire FY26 profits being wiped out if crude oil prices remain elevated, Petroleum Minister Hardeep Singh Puri warned on Tuesday amid escalating tensions in the Middle East.Speaking at the CII Annual Business Summit 2026 here, Puri said the ongoing energy crisis triggered by the conflict in the Middle East has sharply increased pressure on Indian fuel retailers, with oil marketing com…
New Delhi, May 11 (IANS) State‑owned oil marketing companies warned of rising cases of LPG delivery scams in which fraudsters impersonate official gas delivery services to extract One‑Time Passwords and Delivery Authentication Codes.Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation and Bharat Petroleum issued advisories on social media about cyber fraud targeting domestic LPG consumers with fake SMS and WhatsApp messages mimicking delivery notifications. These messages a…
New Delhi, May 10 (IANS) Prime Minister Narendra Modi will visit Karnataka and Telangana on Sunday, during which he will participate in the 45th anniversary celebrations of the Art of Living in Bengaluru and launch, inaugurate and dedicate to the nation multiple development projects worth around Rs 9,400 crore in Hyderabad.According to a statement by the Press Information Bureau (PIB), the Prime Minister will first attend the celebrations at the Art of Living International Centre in Bengaluru at…
Bengaluru, May 9 (IANS) Prime Minister Narendra Modi will visit Karnataka and Telangana on Sunday, May 10, during which he will participate in the 45th anniversary celebrations of the Art of Living in Bengaluru and launch, inaugurate and dedicate to the nation multiple development projects worth around Rs 9,400 crore in Hyderabad.According to a statement by the Press Information Bureau (PIB), the Prime Minister will first attend the celebrations at the Art of Living International Centre in Benga…
New Delhi, May 1 (IANS) Aviation turbine fuel (ATF) prices for foreign carriers were raised by around 5 per cent on Friday — marking the second consecutive monthly increase, even as domestic airlines were shielded from any revision.State-run oil marketing companies, including Indian Oil Corporation, revised the rates in line with elevated global energy prices.The hike applies only to international operations and foreign carriers, while ATF prices for domestic airlines remain unchanged.In Delhi,…
New Delhi, May 1 (IANS) Crude oil prices rose on Friday as efforts to resolve the Iran crisis reached a stalemate, with Tehran continuing to block the Strait of Hormuz and Washington restricting Iranian crude exports.Brent futures for July on Intercontinental Exchange gained $0.81, or 0.73 per cent, to $111.21 a barrel, while West Texas Intermediate rose 31 cents, or 0.30 per cent, to $105.37. Both benchmarks have posted gains for four consecutive months, analysts noted.Brent crude oil had cross…
New Delhi, May 1 (IANS) The price of a 19-kg commercial LPG cylinder has been increased by Rs 993, starting Friday, and after the revision, a 19-kg cylinder will now cost Rs 3,071.5 in Delhi.However, there has been no change in the price of domestic LPG cylinders for 33 crore users, the Indian Oil Corporation (IOC) said in a statement.This is the third time that the price of a 19-kg commercial LPG cylinder has been increased since February 28, when the US-Israel and Iran war began.It first saw a…
New Delhi, April 12 (IANS) The Indian Oil Corporation has conducted over 10,600 inspections, and strict actions have been taken against erring persons and agencies, including show-cause notices and suspensions, it said in a statement.Additionally, in coordination with state governments, over 1.2 lakh raids and more than 990 FIRs have been done nationwide, across the industry to safeguard fair distribution, IndianOil said in a post on X. “Indane distributorships remain under continuous surveill…