Indian Oil Corporation
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Commercial LPG cylinder prices hiked Rs 42-53.50; Delhi rate hits Rs 3,113.50 from June 1
State oil marketers raised 19-kg commercial LPG prices, with Delhi at Rs 3,113.50 and Kolkata at Rs 3,255.50. The hike pressures margins for hotels, restaurants and QSR chains, while domestic cylinders remain untouched. Centre is simultaneously pushing 30-day strategic LPG reserves against 72,000-tonne daily demand.
Times of India · Business · 6/1/2026, 2:03:20 AM
Diesel crunch idles 20% of India's truck fleet, freight rates jump 10-15% on key corridors
Four fuel hikes in 11 days (Rs 7.5-8/litre) and diesel shortages have parked 1.9M of India's 9.5M trucks. With diesel at 40-45% of operating costs, West-North freight rates are up 10-15%, threatening retail margins and food inflation as the disruption hits supply chains immediately.
ET Small Business · 5/26/2026, 12:13:26 AM
PSU fuel retailers hike petrol, diesel by Rs 7.5/litre in 11 days as crude surges past 50%
IOC, BPCL and HPCL pushed through a fourth price increase in 11 days, lifting petrol to Rs 115.69 in Hyderabad and Rs 102.12 in Delhi. Private retailers Nayara, Shell and Jio-bp matched the move. With PSUs holding ~90% share and VAT up to 30%, pressure mounts on states to cut taxes.
Times of India · Business · 5/25/2026, 6:38:26 AM
IOC says fuel shortages localised as PSU pumps absorb private retail spillover
Indian Oil flags petrol sales up 14% and diesel up 18% in May, citing harvest-season demand and bulk buyers shifting from pricier private retailers to PSU outlets. Localised demand spikes of 20-30% strained some of its 42,000 outlets, but supply is adequate.
Indian Express · Business · 5/24/2026, 12:56:58 AM
CPCL re-enters fuel retail with first Sooper-branded outlet near Manali refinery
Chennai Petroleum Corporation opened its first company-owned company-operated Sooper fuel station near its Manali refinery, marking a return to fuel retailing. The IOC subsidiary plans 300 outlets nationwide over three years backed by ₹400 crore, with EV charging, CNG and non-fuel retail integrated into the format.
The Hindu BusinessLine · 5/21/2026, 2:01:38 PM
Fuel hike jolts India retail: petrol +₹3.14, diesel +₹3.11 squeeze FMCG, paints, CV demand
First petrol/diesel hike in four years lands at ₹97.77 and ₹90.67/litre in Delhi, with CNG up ₹2. Freight (5-6% of revenues) and paints raw materials (>10%) brace for pass-through, while commercial vehicle demand softens and EV adoption gets a tailwind across Indian consumer sectors.
Business Today · Latest · 5/15/2026, 8:37:15 AM
IOC, BPCL, HPCL hike petrol, diesel by Rs 3/litre across metros as crude surges 50%
State-owned fuel retailers raised pump prices on May 15, 2026, with Delhi petrol at Rs 97.77 and diesel at Rs 90.67. Mumbai petrol hits Rs 106.68, Kolkata Rs 108.74, Chennai Rs 103.67. Partial pass-through of crude basket at USD 113-114/bbl signals inflationary pressure on logistics and essentials.
Financial Express · BrandWagon · 5/15/2026, 2:22:13 AM