The Latest Breaking News from Petrol

Motorists urged off panic buying as excise cuts end

Australians will likely be paying up to 16 cents per litre more for petrol as excise cuts come to an end but servos are still on notice to avoid price gouging.

AAP · Aug 1

Petrol prices on track to top $2 a litre as Bowen sounds death knell for fuel excise relief

Petrol now costs more than $1.90 a litre in every capital city, with diesel expected to exceed $2.40 a litre

The Guardian - AU · Aug 1

IOC slips into loss in Q1 on holding fuel prices despite rise in cost

Indian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency improvements and higher margins from refining. The company celebrated record highs in crude throughput and a drop in fuel losses, with petrol and diesel sales reaching impressive quarterly figures.…

The Economic Times · Jul 31

Petrol reaches highest price since 2022 as impact of Iran war hits motorists

Diesel has also been on the rise – it now costs almost £99 to fill a 55-litre car with the fuel

The Independent UK · Jul 31

By how much will E20 petrol reduce your car's mileage? One ministry says one thing, another says another

The Road ministry said E20 petrol might hit your mileage by 2-6%, based on a study by ARAI, SIAM, and Indian Oil Corporation. The statement sparked a buzz because just a few days earlier, Petroleum ministry had given a different figure.

The Economic Times · Jul 31

Australia’s fuel discount is ending. What does this mean for petrol prices?

Australians are bracing for more pain at the fuel pump, with the federal government set to scrap its fuel excise discount this Sunday.

The Conversation · Jul 31

E20 petrol FAQs: Govt clarifies impact on older vehicles, mileage and warranties

The government clarified E20 fuel program, addressing social media claims about engine damage. No verified evidence links E20 fuel to widespread engine failures or systemic vehicle damage. Vehicles manufactured before 2023 can run on E20 petrol without issues. Mileage reduction for older vehicles is limited to three to five percent.…

The Economic Times · Jul 30

Why Car Buyers in 2026 Are Thinking Beyond Mileage and Focusing on Features

A few years ago, asking someone about their new car usually began with one question."How much mileage does it give?" Today, that question is slowly being replaced with others. Does it have six airbags? Is it ADAS-equipped? Does it support wireless Android Auto and Apple CarPlay? How safe is it?…

MyLifeXP · Jul 30

Govt says E20 fuel safe for vehicles, defends ethanol blending programme

The government has defended its ethanol blending program, stating no engine damage has been found. Extensive testing and field experience confirm E20 petrol is safe for vehicles. This program strengthens India's energy security and shields consumers from oil price volatility. Public sector oil companies incur under-recoveries to maintain stable fuel…

The Economic Times · Jul 30

Costco vs Tesco vs Asda: Which UK Supermarket Has the Cheapest Petrol as Fuel Prices Rise Again?

How UK motorists can save on fuel as petrol prices approach 160p per litre. Compare Costco, Tesco, and Asda's petrol prices and find the best deals at supermarket petrol stations.

International Business Times UK · Jul 30