The Official Fuel Prices Thread

Dr.Vikas · 24th April 2017, 13:30

Quote:

Originally Posted by PetrolRider

They say it is a drought tax, not sure drought due to lac of rain or spirit

.

If it is indeed a drought tax, why only on petrol? Even after de regularization of diesel, taxes make sure there is a huge margin between Petrol and Diesel, may be interest lies elsewhere.

In fact, when the Draught Tax (of 2 ₹) was first implied, it was proposed for 2 yrs only.. Now the period is over by another year & there is NO Draught in the State also..

But, the Tax still remains..
As a matter of fact, Govt needs to collect revenue by this or that way..

sgiitk · 24th April 2017, 13:54

It seems that as per the box Mumbai has the honor of having the costliest fuel in India.

So Mumbaikars should rejoice. (?)

ghodlur · 24th April 2017, 14:15

Quote:

Originally Posted by Dr.Vikas

Hope, it's not just out of recovery of the LOST revenue in Spirit due to 500 mtr rule..

One of the idiotic reasons stated by the state govt as read in the newspapers to hike the VAT on petrol was to compensate for the loss of tolls when PWD and MSRDC scrapped a few state levied tolls.

Now with the Pune Expressway toll scrapping in midst of heat due to public litigation filed, it would not be a surprise if the VAT on fuels is further increased to compensate for the loss here too.

Dr.Vikas · 28th April 2017, 00:17

The fuel prices may go down in view of ₹ being stronger this fortnight..

My speculation is, it will be 1.5- 2 ₹ down for both (if won't be even more than that.)

Plz note, it's just a speculation only..

Ruchir031 · 30th April 2017, 21:29

Petrol up by 1 paisa litre and Diesel up by 44 paisa litre.

Petrol in Delhi is now at Rs 68.09 while diesel Rs 57.35 a litre.

ptaneja · 3rd May 2017, 15:23

Quote:

Originally Posted by Ruchir031

Petrol in Delhi is now at Rs 68.09 while diesel Rs 57.35 a litre.

For Diesel, which is cheaper - Delhi or Gurgaon/Haryana ?

harry10 · 3rd May 2017, 15:32

Quote:

Originally Posted by ptaneja

For Diesel, which is cheaper - Delhi or Gurgaon/Haryana ?

Delhi is cheaper in diesel and petrol in gurgaon.

MercFan · 3rd May 2017, 18:11

Daily dynamic fuel prices have started in Vizag city (60 filling pumps).
Today it was 72.02.

sgiitk · 3rd May 2017, 18:37

In UP we are in a mess with more and more bunks being exposed. A strike by the pump owners in Lucknow did not last even a day.

I am quite sure the fraud must have some serious political backing, else this wide spread game can not survive. Watch the space for more developments.

dass · 5th May 2017, 16:55

This is an interesting article.

http://profit.ndtv.com/news/economy/...ome-topstories

Not really sure if we will see the pump prices going down in a hurry though. I wouldn't be surprised if they bump up their excise taxes again.

volkman10 · 9th May 2017, 12:11

Petrol & Diesel prices for May 9, 2017 are given below:

The Official Fuel Prices Thread-dprice09052017.jpg

IOC

StallionAmit · 10th May 2017, 07:49

With crude down by >10% in last 30 days and Re appreciation, there should be a drop in prices, don't understand why we continue to pay high and bear the brunt of govt. inefficiencies coupled with state govts dictatorship in earning more revenues from fuel.
Highly frustrating.

condor · 10th May 2017, 08:00

Quote:

Originally Posted by StallionAmit

With crude down by >10% in last 30 days and Re appreciation, there should be a drop in prices, don't understand why we continue to pay high and bear the brunt of govt. inefficiencies coupled with state govts dictatorship in earning more revenues from fuel.
Highly frustrating.

A little more time, and we should be able to ride the prevailing prices every day. Be it a hike or drop in international prices. Would like to see how people will react to increases when the new system comes in.

Amey Kulkarni · 10th May 2017, 08:41

Quote:

Originally Posted by Dr.Vikas

The fuel prices may go down in view of ₹ being stronger this fortnight..

My speculation is, it will be 1.5- 2 ₹ down for both (if won't be even more than that.)
[/i]

Yes! it is speculated that mid of May; the fuel prices will be go down a fair bit.

Petrol - (-) Rs 1.75/- per Ltr
Diesel - (-) Rs 1.50/- per Ltr

I am availing services from Rex Fuels which keeps me updated pro-actively on the important crude commodities.

Cheers,
Amey

ptaneja · 11th May 2017, 08:43

Quote:

Originally Posted by Amey Kulkarni

Yes! it is speculated that mid of May; the fuel prices will be go down a fair bit.

Petrol - (-) Rs 1.75/- per Ltr
Diesel - (-) Rs 1.50/- per Ltr

I am availing services from Rex Fuels which keeps me updated pro-actively on the important crude commodities.

Cheers,
Amey

Read this today, contradicting to price cut. If this is true, then we should be expecting a hike.

Oil prices rose after Iraq and Algeria joined Saudi Arabia in supporting an extension of OPEC supply cuts and US inventories fell more than expected, said a Reuters report.
US crude rose 3.2 percent to USD 47.35 per barrel and Brent was last at USD 50.22, up 3.06 percent on the day.

Source - http://www.moneycontrol.com/news/bus...1-2276059.html

24th April 2017, 13:54	#5897
sgiitk BANNED Join Date: Dec 2007 Location: Gurugram Posts: 7,969 Thanked: 4,788 Times	Re: The Official Fuel Prices Thread It seems that as per the box Mumbai has the honor of having the costliest fuel in India. So Mumbaikars should rejoice. (?)
	() Thanks

28th April 2017, 00:17	#5899
Dr.Vikas BHPian Join Date: Dec 2010 Location: Sangli Posts: 295 Thanked: 506 Times View My Garage	Re: The Official Fuel Prices Thread The fuel prices may go down in view of ₹ being stronger this fortnight.. My speculation is, it will be 1.5- 2 ₹ down for both (if won't be even more than that.) Plz note, it's just a speculation only..
	() Thanks

30th April 2017, 21:29	#5900
Ruchir031 BHPian Join Date: Nov 2016 Location: Gurugram Posts: 109 Thanked: 300 Times	Re: The Official Fuel Prices Thread Petrol up by 1 paisa litre and Diesel up by 44 paisa litre. Petrol in Delhi is now at Rs 68.09 while diesel Rs 57.35 a litre.
	(2) Thanks

3rd May 2017, 18:11	#5903
MercFan BHPian Join Date: Oct 2015 Location: Yzag/BLR/Folsom Posts: 199 Thanked: 384 Times	Re: The Official Fuel Prices Thread Daily dynamic fuel prices have started in Vizag city (60 filling pumps). Today it was 72.02.
	() Thanks

3rd May 2017, 18:37	#5904
sgiitk BANNED Join Date: Dec 2007 Location: Gurugram Posts: 7,969 Thanked: 4,788 Times	Re: The Official Fuel Prices Thread In UP we are in a mess with more and more bunks being exposed. A strike by the pump owners in Lucknow did not last even a day. I am quite sure the fraud must have some serious political backing, else this wide spread game can not survive. Watch the space for more developments.
	(2) Thanks

5th May 2017, 16:55	#5905
dass Senior - BHPian Join Date: May 2008 Location: Bangalore Posts: 1,291 Thanked: 737 Times	Re: The Official Fuel Prices Thread This is an interesting article. http://profit.ndtv.com/news/economy/...ome-topstories Not really sure if we will see the pump prices going down in a hurry though. I wouldn't be surprised if they bump up their excise taxes again.
	() Thanks

9th May 2017, 12:11	#5906
volkman10 Distinguished - BHPian Join Date: Dec 2010 Location: -- Posts: 23,428 Thanked: 67,859 Times View My Garage	Re: The Official Fuel Prices Thread Petrol & Diesel prices for May 9, 2017 are given below: IOC
	() Thanks

10th May 2017, 07:49	#5907
StallionAmit BHPian Join Date: Jun 2015 Location: Kolkata Posts: 199 Thanked: 380 Times	Re: The Official Fuel Prices Thread With crude down by >10% in last 30 days and Re appreciation, there should be a drop in prices, don't understand why we continue to pay high and bear the brunt of govt. inefficiencies coupled with state govts dictatorship in earning more revenues from fuel. Highly frustrating.
	() Thanks