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The Latest Breaking News from Petrol

IndianOil says no nationwide fuel shortage; supply issues at some outlets 'highly localised'

Indian Oil Corporation assures no nationwide petrol and diesel shortage, attributing reported outages to localised, temporary demand-supply mismatches. Factors include seasonal harvesting needs, customer shifts from higher-priced private pumps, and increased institutional purchases. The company maintains adequate stocks and is addressing isolated disruptions to ensure uninterrupted supplies.

The Economic Times

'Modi govt looting citizens, only cares about profits of oil companies': Congress laments fresh fuel price hike

Congress criticizes the Centre for recent petrol and diesel price hikes, accusing Prime Minister Modi of burdening citizens while favoring oil companies. Fuel prices have seen multiple increases in less than ten days, with global energy market volatility cited as a contributing factor.

The Economic Times

Fuel Price Today, May 23, 2026: What is the petrol, diesel & CNG price in Delhi, Mumbai, Kolkata & Chennai after latest hike?

Fuel prices in India have seen another hike, with petrol and diesel rates increasing by Rs 0.87 and Rs 0.91 per litre respectively. This marks the third fuel price increase in May, adding to consumer costs. State-run oil companies are facing losses due to selling fuel below market rates, while…

The Economic Times

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Petrol, diesel prices hiked for third time in eight days on rising crude oil costs

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 hike this month, driven by a surge in international crude oil prices due to Middle East conflict and the expiry…

The Economic Times

Rising fuel prices tip the scales toward electric vehicles

Meet the new EV owners who say the savings are already stacking up

The Independent UK

Biggest drop in petrol purchases in six years hits retail sales in Great Britain

Drivers conserve fuel amid Iran war uncertainty, pushing overall sales down 1.3% in April

The Guardian - UK

Honda City facelift 2026 vs Skoda Slavia vs Verna vs Virtus: Check price, mileage, engine, features, comparison

The updated Honda City enters a competitive midsize sedan market, challenging the Hyundai Verna, Skoda Slavia, and Volkswagen Virtus. While the City emphasizes hybrid efficiency and comfort, rivals offer lower entry prices, performance-oriented turbo petrols, and distinct driving dynamics, catering to diverse buyer priorities.

The Economic Times

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Bulk buyers shifting to retail pumps behind fuel demand spike in parts of India

Fuel demand is rising at some Indian petrol pumps. Bulk diesel buyers are switching to retail outlets due to a large price gap. This is causing temporary shortages at a few locations. The government states that fuel supplies remain ample and stable across the country. Citizens are urged not to…

The Economic Times

FED:Petrol price hikes fuel record electric vehicle sales

The soaring price of petrol is sending more Australian drivers to electric cars and the trend could change the worldwide automotive market.

AAP

Petrol price hikes fuel record electric vehicle sales

The soaring price of petrol is sending more Australian drivers to electric cars and the trend could change the worldwide automotive market.

AAP

Residents push back against beachside suburb petrol station

Residents say there are much better ways the land could be used to add to the community.

Newcastle Herald

Watch: Rachel Reeves hits back at ‘not very British’ heckler

Rachel Reeves hit back at a heckler, who appeared to be a Reform UK supporter, at a petrol station after he repeatedly shouted at her while she tried to answer questions from the media on Wednesday (20 May).

The Independent UK

UK quietly eases Russian oil sanctions as petrol prices climb to highest since 2022 amid Iran conflict

Britain is recalibrating its approach to Russian oil imports by introducing restrictions on refined products at a measured pace. This strategy, driven by escalating energy market volatility linked to conflicts in the Middle East and climbing fuel prices, seeks to mitigate the risk of abrupt supply shortages.

The Times of India

TACO abroad, boss at home: Trump may be losing against China or Iran, but still controls MAGA

There’s a line to describe Trump’s foreign policy jaunts that’s particularly popular on social media: TACO which stands for Trump Always Chickens Out. And that might be true abroad whether it’s against Iran or China but back home, he remains the ultimate boss. Iran can resist him. Petrol prices can…

The Times of India

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The Independent UK

Rachel Reeves hits back at flag-waving heckler over bad manners: ‘Not very British’

The man had repeatedly shouted at the chancellor while she was being interviewed

Evening Standard

Reeves hits back at petrol station heckler, telling him it is ‘not very British’

The man had repeatedly shouted at the Chancellor while she was being interviewed on a petrol station forecourt.

The Independent UK

Drivers ditch cars for bikes as fuel prices continue to soar

Iran’s grip on the Strait of Hormuz means the average price of a litre of petrol and diesel at UK forecourts have increased

The Independent UK

Government makes U-turn on Russian oil as petrol prices hit record high

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The Economic Times

Petrol, Diesel prices today on May 20: Check fuel rates in Delhi, Mumbai, Chennai, Kolkata and other metro cities

Petrol, Diesel prices today: Fuel prices remained steady on Wednesday after recent hikes, with petrol and diesel rates seeing an increase of up to 90 paise per litre. Global crude markets are on edge due to geopolitical tensions. Hyderabad recorded the highest petrol price at Rs 111.84 per litre, while…

The Economic Times

What India’s new E22 to E30 Petrol variants mean for fuel prices, vehicles and ethanol use

India has launched new fuel standards for petrol with higher ethanol content, including E22, E25, E27, and E30. This move supports the nation's ethanol blending program. The Bureau of Indian Standards announced the new specification, IS 19850:2026. This development follows the successful E20 program and aims to reduce oil imports,…

The Economic Times

Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman says

India's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting its import strategy. The state-run refiner is running at 115% capacity, with Russian oil discounts narrowing significantly. Despite recent price hikes, BPCL continues to face losses on diesel and petrol sales.

The Independent UK

Petrol prices reach new high as drivers warned of more rises to come

IN FULL

Skoda produces its most affordable EV to date – and it’s Epiq

The all-electric city SUV crossover starts from £24,950, matching its petrol equivalent

The Economic Times

India's inflation puzzle: How will fuel price play out

India's inflation debate intensifies as wholesale prices surge, driven by fuel costs, while retail inflation remains subdued. A recent fuel price hike is expected to push retail inflation higher, impacting household budgets. The RBI will closely monitor global crude prices, monsoon impact, and the pass-through of wholesale to retail inflation…

The Independent UK

UK petrol prices hit new record high amid Iran oil crisis

The average price of a litre of petrol is the most expensive it’s been since December 2022

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