Last week, ExxonMobil (XOM), the world’s largest integrated oil company announced that it is getting out of the U.S. retail gasoline business. Company announced it would be selling all of its 2,225 U.S. filling stations and convenience stores.
The world’s largest publicly traded oil company will keep the Exxon and Mobil brands, so consumers can still buy gasoline at stations that carry the Exxon and Mobil names.
Indian government on Wednesday announced a hike in fuel prices to combat spurt in global oil prices.
According to the announcement
- Petrol prices were increased by 5 rupees
- Diesel prices were increased by 3 rupees and
- LPG prices were increased by 50 rupees
— the highest ever price raise
Maruti Suzuki has launched entry level sedan Swift DZire.
Swift Dzire, which is a 3 box version of Swift, will be available in both petrol and diesel variants in the price range of Rs 4.49 lakh to Rs 6.7 lakh (ex-showroom Delhi).
Petrol and diesel variants Price range