Diesel

The consumer affairs ministry has amended legal metrology rules to allow government-approved testing centres to verify hydrogen, LPG, LNG and CNG fuel dispensers, expanding the country's measurement oversight framework as cleaner fuel adoption grows. The Ministry of Consumer Affairs, Food and Public Distribution amended the Legal Metrology (Government Approved Test Centre) Rules, 2013, bringing the total number of instrument categories verifiable through Government Approved Test Centres (GATCs) to 23 from 18. Verification fees for petrol and diesel dispensers have been set at Rs 5,000 per nozzle, while CNG, LPG, LNG and hydrogen dispensers will attract a higher fee of Rs 10,000 per nozzle. "The move is expected to enhance the availability of verification services, improve efficiency and support the growing adoption of cleaner fuels across the country," the ministry said in a statement. GATCs are approved private facilities with the technical expertise to carry out verification and

The government said panic buying and bulk diesel consumers shifting to retail outlets triggered temporary fuel shortages at some petrol pumps

Odisha plans dedicated fuel outlets for buses and trucks after transport operators warned of disruptions amid diesel shortages and panic buying across the state

Petrol and diesel prices have been increased by ₹3 per litre, while CNG rates have also gone up by ₹2 per kg in Delhi and Mumbai.

The oil marketing companies have raised the prices of non-branded petrol and diesel at fuel retail outlets across the nation by an average of Rs 3 per litre.

Rajesh Bhosale, technical analyst at Angel One highlights that BPCL and IOC have consistently faced resistance around their respective 50-day EMAs on the charts in recent past.

Petrol pump dealers in Rajasthan have alleged that oil marketing companies have reduced fuel supplies to retail outlets and imposed informal limits on sale of petrol and diesel to consumers. They warned that the move could lead to law and order problems at fuel stations. In a representation submitted to oil companies on Thursday, Rajasthan Petroleum Dealers Association said dealers were being informed through mobile messages and verbal instructions to restrict fuel sales to individual consumers. According to the association general secretary Shashank Korani, Indian Oil Corporation Ltd (IOCL) allegedly directed dealers to limit diesel sales up to Rs 50,000 and petrol sales up to Rs 5,000 per consumer, while Bharat Petroleum Corporation Ltd (BPCL) allegedly capped sales at 49 litres of petrol and 200 litres of diesel. Similar restrictions were allegedly communicated by Hindustan Petroleum Corporation Ltd (HPCL), it said. The association alleged that fuel supply to pumps was being ...

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