The Official Fuel Prices Thread

sgiitk · 22nd August 2013, 11:34

A wag said, there is a race to the century. Rupee, Petrol and Onions. Let us see who wins!

2500cc · 26th August 2013, 09:25

Been to Tirupathi over the weekend, for the first time I saw the price of diesel to be more than Bangalore. I was thinking that the cost of fuel is most expensive across India, but this time the fuel stations across Tirupathi, Chitoor and Palamner we selling diesel at 56.47, but in Bangalore it was 55.47.

jkdas · 27th August 2013, 18:53

Another 5rs hike ? This time for diesel? Read in Manorama News website.

hellmet · 27th August 2013, 20:22

Quote:

Originally Posted by S_U_N

Paid Rs. 79.20 (approx.)/ lit for petrol last night in Pune city.

This was the most expensive fuel purchase for me so far. But the worse is yet to come, I guess.

That's weird. How come Pune has more expensive fuel than Hyderabad? Filled at Shell? The highest I paid for petrol was Rs.81.xx

Quote:

Originally Posted by gsurya

When Govt announced policy of 50 ps increase for diesel per month, crude was under 100 USD. Now it is at 120 USD.

120$? Can you please point me to a website that shows the price for the crude our government is buying and keeps quoting the price of ? I thought we buy Brent and that hasn't gone over $112 for the past several months.

--------------

On another note, I'm expecting a Rs.4-6/- hike in the price of petrol this month end apart from the Rs.5 that the govt. is planning to increase on diesel. Fill up your tanks before the rush starts and brace yourselves for worse.

romeomidhun · 27th August 2013, 21:24

Quote:

Originally Posted by hellmet

Can you please point me to a website that shows the price for the crude our government is buying and keeps quoting the price of ? I thought we buy Brent and that hasn't gone over $112 for the past several months.

It is the Brent oil, and we can check the pricing here: http://www.liveoilprices.co.uk/oil/brent_oil_chart.html

ghodlur · 28th August 2013, 08:18

Quote:

Originally Posted by jkdas

Another 5rs hike ? This time for diesel? Read in Manorama News website.

On similar line, saw a flashing news on morning news channels of Rs 3/- hike in diesel prices but this will be effected post the monsoon session of the parliament. With the Crude prices going northwards, this was expected, the amount of hike will decide the protests now.

sgiitk · 28th August 2013, 09:16

The OMCs have asked for Rs.5 expected to get 3. Also, only likely after the 6th.

hellmet · 28th August 2013, 09:46

Aaand, Brent shoots to $117 overnight and rupee is 67/$ in the first half hour of trading. Boy, this is getting better with every passing hour.

crazyro · 28th August 2013, 11:02

There was a talk of directly importing Iranian oil by paying Indian rupees. Any idea what happened to this proposal.
US has already exempted India from sanctions which allows India to directly deal with Iran. I think Indian government should fast track this for more stable oil pricing and Forex conservation

volkman10 · 28th August 2013, 12:46

Diesel prices rumoured to be hiked by Rs. 4-6 per litre.

http://www.cardekho.com/india-car-ne...itre-11106.htm

sgiitk · 29th August 2013, 09:30

With the rupee in a free fall and Brent at $115 plus expect at least Rs.5 per litre on both diesel and petrol after the 6th when Parliament adjourns. There is talk of paying for the FSA by removing fuel subsidies. I guess this means Diesel, LPG and the holiest of holies Kerosene, Petrol is already subsidy free.

sourav9385 · 31st August 2013, 18:47

Same S#!7, Different Day - Price of Petrol hiked by Rs. 2.35, Diesel by 50 Paise

Next round of elections can't get here sooner. The current batch of monkeys have run this already godforsaken country into the ground.

drmohitg · 31st August 2013, 18:59

Well at the risk of sounding rude, I have to say that I am really relieved that they didn't increase the Diesel prices by Rs 3-5 that was being reported everywhere. The govt is already facing so much heat. It was illogical to expect them to hike the diesel prices by a huge margin. My condolences to all the Petrol-heads on the forum.

ac 427 · 31st August 2013, 19:18

wow, just have a look at the price hikes. I am wondering what went wrong. and where. Maybe the answer is 'the congress'.

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have a look at the hikes, alarming, scary, questionable, debatable. Anything but reasonable.

ac.

saket77 · 31st August 2013, 19:33

Soon petrol heads may buy a car from their own money but would require a loan for buying petrol for it.
I know that a political discussion is last thing we would want to indulge in, but as a citizen I feel that current Govt. has no competency and it simply cannot justify its rule over the country.

22nd August 2013, 11:34	#3181
sgiitk BANNED Join Date: Dec 2007 Location: Gurugram Posts: 7,969 Thanked: 4,788 Times	Re: The Official Fuel Prices Thread A wag said, there is a race to the century. Rupee, Petrol and Onions. Let us see who wins! Last edited by sgiitk : 22nd August 2013 at 11:42.
	(2) Thanks

26th August 2013, 09:25	#3182
2500cc BHPian Join Date: Feb 2010 Location: Bangalore Posts: 734 Thanked: 349 Times	Re: The Official Fuel Prices Thread Been to Tirupathi over the weekend, for the first time I saw the price of diesel to be more than Bangalore. I was thinking that the cost of fuel is most expensive across India, but this time the fuel stations across Tirupathi, Chitoor and Palamner we selling diesel at 56.47, but in Bangalore it was 55.47.
	() Thanks

27th August 2013, 18:53	#3183
jkdas Senior - BHPian Join Date: Sep 2005 Location: Thiruvananthapu Posts: 9,687 Thanked: 1,492 Times View My Garage	Re: The Official Fuel Prices Thread Another 5rs hike ? This time for diesel? Read in Manorama News website.
	() Thanks

28th August 2013, 09:16	#3187
sgiitk BANNED Join Date: Dec 2007 Location: Gurugram Posts: 7,969 Thanked: 4,788 Times	Re: The Official Fuel Prices Thread The OMCs have asked for Rs.5 expected to get 3. Also, only likely after the 6th.
	() Thanks

28th August 2013, 09:46	#3188
hellmet BHPian Join Date: Oct 2005 Location: GTA \| GHMC Posts: 886 Thanked: 1,025 Times	Re: The Official Fuel Prices Thread Aaand, Brent shoots to $117 overnight and rupee is 67/$ in the first half hour of trading. Boy, this is getting better with every passing hour.
	() Thanks

28th August 2013, 11:02	#3189
crazyro BHPian Join Date: Jan 2009 Location: Pune, Vasai Posts: 196 Thanked: 167 Times	Re: The Official Fuel Prices Thread There was a talk of directly importing Iranian oil by paying Indian rupees. Any idea what happened to this proposal. US has already exempted India from sanctions which allows India to directly deal with Iran. I think Indian government should fast track this for more stable oil pricing and Forex conservation
	() Thanks

28th August 2013, 12:46	#3190
volkman10 Distinguished - BHPian Join Date: Dec 2010 Location: -- Posts: 23,428 Thanked: 67,858 Times View My Garage	Re: The Official Fuel Prices Thread Diesel prices rumoured to be hiked by Rs. 4-6 per litre. http://www.cardekho.com/india-car-ne...itre-11106.htm Last edited by volkman10 : 28th August 2013 at 12:57.
	() Thanks

29th August 2013, 09:30	#3191
sgiitk BANNED Join Date: Dec 2007 Location: Gurugram Posts: 7,969 Thanked: 4,788 Times	Re: The Official Fuel Prices Thread With the rupee in a free fall and Brent at $115 plus expect at least Rs.5 per litre on both diesel and petrol after the 6th when Parliament adjourns. There is talk of paying for the FSA by removing fuel subsidies. I guess this means Diesel, LPG and the holiest of holies Kerosene, Petrol is already subsidy free.
	(2) Thanks

31st August 2013, 18:47	#3192
sourav9385 BHPian Join Date: Jul 2007 Location: Montreal Canada Posts: 444 Thanked: 770 Times	Re: The Official Fuel Prices Thread Same S#!7, Different Day - Price of Petrol hiked by Rs. 2.35, Diesel by 50 Paise Next round of elections can't get here sooner. The current batch of monkeys have run this already godforsaken country into the ground.
	(1) Thanks

31st August 2013, 18:59	#3193
drmohitg Distinguished - BHPian Join Date: Sep 2010 Location: Liverpool/Delhi Posts: 5,439 Thanked: 7,543 Times	Re: The Official Fuel Prices Thread Well at the risk of sounding rude, I have to say that I am really relieved that they didn't increase the Diesel prices by Rs 3-5 that was being reported everywhere. The govt is already facing so much heat. It was illogical to expect them to hike the diesel prices by a huge margin. My condolences to all the Petrol-heads on the forum.
	() Thanks

31st August 2013, 19:18	#3194
ac 427 Senior - BHPian Join Date: Oct 2005 Location: Mumbai Posts: 1,393 Thanked: 244 Times View My Garage	Re: The Official Fuel Prices Thread wow, just have a look at the price hikes. I am wondering what went wrong. and where. Maybe the answer is 'the congress'. have a look at the hikes, alarming, scary, questionable, debatable. Anything but reasonable. ac.
	(1) Thanks

31st August 2013, 19:33	#3195
saket77 Distinguished - BHPian Join Date: Dec 2012 Location: Ranchi Posts: 4,396 Thanked: 12,027 Times	Re: The Official Fuel Prices Thread Soon petrol heads may buy a car from their own money but would require a loan for buying petrol for it. I know that a political discussion is last thing we would want to indulge in, but as a citizen I feel that current Govt. has no competency and it simply cannot justify its rule over the country.
	(2) Thanks