INDIA FUEL

PRICE UPDATE

Here is the price change list of Petrol and Diesel in Four Metro Cities of India w.e.f. midnight of
16th January 2015 and 17th January 2015 with price change list for Jet Fuel in Four Metro
Cities of India w.e.f from midnight of 31st December 2014 and 1st January 2015.
#JetFuel is a #Colorless #Combustible straight-run #PetroleumDistillateLiquid. Its principal
uses are as #JetEngineFuel
#AviationFuelPrice , w.e.f - With effect from.
#Fuels #PetrolPrices #DieselPrices #Gasoline #GasolinePrices #GasPrices #EssentialOil
#Fuels #OilPrices #ATF #AviationTurbineFuel #JetFuelPrice #DomesticAirlines
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Press Releases:
Petrol and Diesel Price change New Delhi, December 15, 2014
Indian Oil Corporation Ltd. has decided to effect the following price changes w.e.f midnight of
15th December / 16th December'14
Decrease in Retail Selling Price of Petrol by Rs. 2.00 /litre at Delhi (including state levies) with
corresponding decrease in other states.
Decrease in Retail Selling Price of Diesel (Retail) by Rs. 2.00 /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 December'14 by Rs.
0.91/ litre and Rs. 0.84/ 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 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 INRUSD 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 :