economictimes.indiatimes.com ·
petrol diesel price today may 13 check fuel rates in delhi mumbai kolkata chennai and other cities
Topic context
This topic has been covered 307953 times in the last 30 days across our monitored publishers.
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AI insight
AI-generatedIndia's fuel pricing is regulated by state-owned OMCs (IOC, BPCL, HPCL). The article highlights financial stress on these companies due to high crude oil prices and inability to pass through costs fully. The channel is regulatory (administered pricing) and input cost (crude). If crude remains elevated, OMCs' margins will be squeezed, potentially leading to government intervention or price hikes. Impact is India-specific, affecting domestic fuel consumers and OMC 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 price in New Delhi: Rs 94.77 per litre on May 13.
- Diesel price in New Delhi: Rs 87.67 per litre on May 13.
- PSU oil marketing companies projected losses of nearly Rs 1 lakh crore for April-June quarter.
- Minister Puri indicated possible pricing strategy reconsideration if crude does not fall to ~$70/bbl.
- Prices unchanged in major Indian cities on May 13.
Indian OMCs projected to experience margin pressure in petrol and diesel; impact expected within 1-4 weeks.
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Sector impact at a glance
- EM_MARKETSmid
- EM_MARKETSshort
- GLOBAL_ENERGYmid
- GLOBAL_ENERGYshort
- REFININGmid
- REFININGshort