NEW DELHI: Public sector oil companies increased petrol and diesel prices by nearly 90 paise per litre on Saturday, the third hike since May 15, as they sought to partly offset mounting losses from selling fuels below market rates amid a sharp rise in global crude prices due to supply concerns.

Fuel prices in India have seen another increase, with petrol and diesel rates rising by approximately Rs 0.87 and Rs 0.91 per litre respectively in Delhi. This marks the third…

NEW DELHI: State-run fuel retailers on Saturday raised petrol and diesel prices by less than Rs 1 per litre, dealers said, marking the third hike this month as the government…

India relies on imports for nearly 85% of its crude oil requirements, making domestic fuel prices vulnerable to fluctuations in global markets

NEW DELHI: The increase in pump prices by around Rs 5 a litre is only a dent to under-recovery given that oil companies are still losing Rs 13 a litre on petrol and Rs 38 on…