Diesel

There is no change in excise duty on petrol and diesel meant for domestic consumption

Asia typically sources most of its diesel from plants within the region, which in turn rely on flows of crude from West Asia for a substantial share of their input

The Finance Ministry effected the hike through five notifications by raising the Special Additional Excise Duty on diesel to ₹24 per litre and adjusting the Road and Infrastructure Cess

As per the notification, export duty on diesel has been raised to ₹55.5 per litre from ₹21.5 per litre, while duty on ATF has been increased to ₹42 per litre from ₹29.5 per litre

Bangladesh Foreign Minister Khalilur Rahman meets External Affairs Minister S Jaishankar, Petroleum Minister Hardeep Singh Puri and National Security Advisor Ajit Doval

Share price of Reliance Industries hit an over 10-month low at ₹1,300.20 in Monday's intra-day trade and has corrected by 19% from its 52-week high of ₹1,611.80 touched on January 5, 2026.

The inputs were shared by the Ministry of External Affairs Spokesperson Randhir Jaiwal during a weekly presser

The surge in exports could boost spot sale margins for ‌Indian refiners who have purchased large volumes of prompt Russian crude to replace West Asia supply disrupted by the war

China, a major Asian fuel exporter, halted overseas oil product sales, forcing refiners to cancel or renegotiate shipments to prioritise domestic supply

Move to cost exchequer ₹1.3 trn in FY27; export duty reimposed

The move comes against the backdrop of a global energy crisis triggered by the US-Israel conflict with Iran and Tehran's blockade of the Strait of Hormuz

The government has reduced the excise duties on petrol and diesel by ₹10 per litre each, bringing them down to ₹3 per litre of petrol and zero per litre of diesel

The government on Wednesday said there is no shortage of petrol, diesel or LPG in the country, and urged citizens not to believe rumours circulating on social media or resort to panic buying. LPG supplies remain affected due to the ongoing disruption in the Strait of Hormuz. In a media briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said all refineries are operating at high capacity with "adequate crude inventories", while "sufficient stocks of petrol and diesel are being maintained" and retail outlets are functioning normally nationwide. "Don't believe in rumours. We have adequate fuel stocks and the government is making all efforts to reach them to consumers," she said. She said "panic buying was reported in some areas due to rumours", leading to unusually high sales and crowding at petrol pumps, even though "adequate stocks of petrol and diesel are available at all petrol pumps". "There are enough stock of petrol and diesel and there is no

Cooking gas demand increased by 12.7 per cent YoY in December supported by strong household demand

Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34 per cent rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network. Jio-BP clocked 1.8 million sales of petrol and diesel in July-September, 34 per cent more than a year ago, according to an investor presentation made by the company after the second quarter earnings announcement. Also, helping the firm were good margins. "So, if you look at the volume and the growth, petrol and diesel together, we have done about 1.8 million kilolitre. That is a 34 per cent growth. ATF, which is jet fuel, we have done about 157,000 kilolitres. This is definitely lower than last quarter but what is important to note is we are maintaining the share there," Srinivas Tuttagunta, COO - Refining & Marketing at Reliance Industries Limited, said on the investor call. The ATF sales were lower than last year on account of a reduction in air traffic due .

According to a report by Equirus, CNG has been steadily increasing across regions over the past one year, with the East region led by Bihar witnessing a significant increase

The vehicles broke down after being refuelled with contaminated diesel-half water, half fuel-at a Ratlam petrol pump that was later sealed by authorities

Under the strategic alliance, ATGL fuel stations will retail Jio-bp's high-performance petrol and diesel, while Jio-bp outlets will host ATGL's CNG dispensing units within its geographical areas

Early rains in several parts of the country dampened fuel consumption in June, with diesel slipping to negative territory again after two months of growth, according to provisional industry data. After two months of robust consumption growth, petrol demand slowed to 2.3 per cent to 1.4 million tonnes in the first half of June, sales data of three state-owned fuel retailers, which control about 90 per cent of the market, showed. Petrol demand had risen by close to 9 per cent in May. Diesel saw a 4.8 per cent decline in consumption at 3.26 million tonnes between June 1 and June 15. The demand for India's most used fuel has rebounded since April - rising by nearly 4 per cent in April and 2 per cent in the following month. Diesel, the lifeline of transport and rural agri economy, saw a just 2 per cent growth in demand in the fiscal year ended March 31, 2025, witnessing a negative growth in most months. Industry officials said early arrival of rains led to reduced demand in irrigation

Increased diesel from India, one of the largest suppliers in the region, is cooling spot premiums for the fuel in Asia