BackECONOMY
AP Minister Nadendla Manohar says OMCs forced to raise petrol, diesel prices amid West Asia crisis
Andhra Pradesh's Civil Supplies & Consumer Affairs Minister Nadendla Manohar said OMCs must increase petrol and diesel prices due to geopolitical tensions, with crude prices rising and market volatility tightening supply. He outlined steps like increased ethanol blending and car pooling, and noted a national-level meeting with the Ministry of Petroleum & Natural Gas is planned for May 18.
Why It Matters
The remarks highlight government-facing price pressures on fuels and potential policy responses to curb consumption, set against a volatile global oil market.
Timeline
3 Events
National-level planning meeting with Ministry on May 18
May 15, 2026
Manohar said a detailed planning discussion is underway at the national level, including a scheduled meeting with the Secretary of the Ministry of Petroleum & Natural Gas in New Delhi on May 18, 2026 to discuss the issues.
AP govt to push ethanol blending and car pooling to curb fuel use
May 15, 2026
Manohar stated that the Andhra Pradesh government is taking steps to increase ethanol blending and promote measures like car pooling to reduce fuel consumption.
OMCs to increase petrol and diesel prices due to geopolitical situation
May 15, 2026
Nadendla Manohar said Oil Marketing Companies (OMCs) had to raise prices of petrol and diesel as a result of the West Asia conflict, which pushed crude oil prices above $100 a barrel and created volatility in global markets that tightened fuel supply.