www.hindustantimes.com ·
petrol diesel prices up by rs 3 per litre days after pm modis save fuel call report 101778808846380
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AI insight
AI-generatedState-run oil marketing companies in India raised petrol and diesel prices by ₹3 per litre, ending a four-year freeze. The hike is a direct pass-through of global crude oil costs and supports margins for refiners. Impact is India-specific, affecting domestic fuel consumers and OMCs' profitability.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.
- Petrol and diesel prices raised by ₹3 per litre each in India.
- Price hike follows PM Modi's call for austerity to conserve foreign exchange.
- End of a four-year freeze on fuel price revisions.
- Delhi petrol price increased from ₹94.77 to ₹97.77 per litre.
- Delhi diesel price increased from ₹87.67 to ₹90.67 per litre.
Indian OMCs' margins improve as retail prices rise ₹3/litre; REFINING sector sees a moderate uplift within 48h.
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Sector impact at a glance
- OIL_GAS_UPSTREAMmid
- OIL_GAS_UPSTREAMshort
- REFININGshort
