Business
Govt hikes petrol price by Rs6.51, diesel by Rs19.39 per litre – SUCH TV
The federal government on Thursday raised the price of petrol by Rs6.51 per litre and that of high-speed diesel (HSD) by Rs19.39 per litre, according to a notification issued by the Petroleum Division.
The new prices will be effective from May 1, 2026, read the notification.
Following the increase, the price of petrol has jumped from Rs393.35 to 399.86, while the HSD price now stands at Rs399.58.
Meanwhile, authorities cut petroleum levy on petrol by Rs3.88 to Rs103.50 per litre and imposed a Rs28.69 per litre on diesel. Previously, there was no levy on high-speed diesel.
It is pertinent to mention here that the government has been reviewing petroleum prices on a weekly basis following the now-paused US-Israel war on Iran, which began on February 28.
In the previous weekly review, the government had announced a Rs26.77 per litre hike in the price of petrol and the high-speed diesel each.
Earlier in the day oil prices struck a four-year high in the international market on worries about a resumption of hostilities in the Middle East, before slumping later in the session.
International benchmark Brent crude soared more than 7% to $126 a barrel but then eased and turned lower to trade around $110.
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Chip shops sell cheap catfish as ‘traditional fish and chips’
Steven Booth, 41, who was waiting in Crook’s chippy to buy his lunch, said: “My wife is from Thailand and over there catfish is often on the menu, it’s fantastic and I’m up for trying it, but it’s incredibly important you are told what you’re eating.”
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India Crude Imports: India’s crude imports in April 85% of February level, Russia largest source – The Times of India
NEW DELHI: Russia remained the largest source of crude for India in April, supplying 1.6 million barrels a day (mbd), followed by Saudi Arabia, the UAE, Venezuela and Qatar, data from shipment-tracking firm Kpler has shown.India imported nearly 4.4 mbd of crude in April, marginally lower than in March (4.5 mbd) and 85% of Feb shipments (5.2 mbd), amid the ongoing disruption of supply flows through Strait of Hormuz. Supplies from Russia were down 20% from nearly 2 mbd in March, which was the highest since May last year. While Saudi Arabia (685,000 barrels a day) and UAE (575,000 barrels a day) ramped up supplies, India resumed imports from Iran and Venezuela to plug the gap caused by disruptions from other West Asian nations.

No shipments arrived from Iraq, Kuwait, Qatar or Saudi-Kuwait neutral zone in April, despite Iraq usually being among India’s top crude suppliers.While shipments from Saudi Arabia came through East-West crude pipeline, the UAE sent consignments via ADCOP pipeline to Fujairah on the Gulf of Oman. Supplies from other Gulf producers continue to depend largely on the Strait of Hormuz. ‘India’s LPG import situation to remain tight in near term’ For the first time since March 2019, Indian refiners also sourced nearly 1.3 lakh barrels of oil a day from Iran in April, after the US eased sanctions for a month to help reduce global crude prices. They also secured about 2.9 lakh barrels a day from Venezuela after a gap of 11 months.Imports of LPG fell to less than 1 million tonnes (MT) in April, down from 2-2.2 MT during the pre-crisis months. Data showed that India received nearly 9.5 lakh tonnes of the primary cooking fuel in April, about 16% less than March shipments, which were estimated at a little over 1.1 MT. The supply gap was plugged by a 30% increase in domestic LPG production. With no resolution to the global energy crisis in sight, experts believe imports are likely to remain affected in the near future.“India is, therefore, likely to continue facing tight LPG import availability in the near term. The situation remains sensitive, as disruptions of Middle East supply, India’s key sourcing region, are keeping import availability constrained,” said Sumit Ritolia, lead analyst at Kpler. The diversification of supplies from non-Gulf countries – including the US, Australia, Canada, Norway and Russia – helped India secure 1.9 million tonnes of natural gas in April, up from 1.6 MT in March.
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