Calling the petrol and diesel price hike a ‘small rise’, Indian Oil Corporation Limited (IOCL)‘s Director (Refineries) Arvind Kumar has said that refineries are running at over 100% capacity to maintain uninterrupted fuel supplies at petrol pumps.

Petrol and diesel prices across India have been revised upward after oil marketing companies announced a fresh hike of around Rs 3 per litre amid continued pressure from elevated…

Oil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on companies. Global crude oil prices remain…