Page 2 - Diesel

Govt cuts excise duties on petrol, diesel by ₹10/litre each amid Iran war

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

IOC, BPCL, HPCL shares react as govt trims excise duty on petrol, diesel

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

Govt says no shortage of petrol, diesel, urges public to avoid panic buying

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

Fuel demand remained strong in Dec; petrol sales grew 6.7%, diesel up 5%

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

Jio-BP sees 34% growth in petrol, diesel sales in July-September quarter

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 .

Fueling Change: How CNG is transforming India's passenger car landscape

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

WATCH: 19 vehicles in MP CM's convoy towed after water filled in fuel tanks

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

Adani Total Gas, Jio-bp tie up to offer petrol, diesel, CNG at fuel outlets

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 monsoon dampens fuel demand growth in June; diesel dips 4.8%

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

India's May diesel exports to SE Asia hit multi-year high on strong margins

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

Petrol, diesel demand rises in April as summer boosts consumption

India's diesel consumption rebounded in April, recording a 4 per cent increase in demand after months of low or negative growth, driven by the start of summer season with warmer days and nights. Diesel, India's most consumed petroleum fuel and lifeline of transport and rural agri economy, saw just 2 per cent growth in demand in fiscal year ended March 31, 2024 and no growth at all in the preceding financial year. In April, diesel consumption rose to 8.23 million tonnes, up nearly 4 per cent over demand in the year ago period, according to latest data available from the Petroleum Planning and Analysis Cell of Ministry of Petroleum and Natural Gas. The consumption was 5.3 per cent more than April 2023 and 10.45 per cent higher than the previous Covid-2019 period. Onset of summer triggers rural demand for irrigation as well as for air-conditioning in urban areas. The 4 per cent rise in April 2025 is the highest recorded volume for this month and second highest ever volume in any ...

HPCL, Tata Motors launch co-branded diesel exhaust fuel 'Genuine DEF'

Public sector oil marketing firm HPCL on Wednesday launched a co-branded diesel exhaust fuel 'Genuine DEF' in collaboration with Tata Motors. The co-branded diesel exhaust fuel will be available across 23,000 fuel stations of the Hindustan Petroleum Corporation Limited (HPCL) pan-India as well as over 2,000 authorised outlets of Tata Motors. The high quality Diesel Exhaust Fluid (DEF) solution will drive optimal vehicle performance, boost drivetrain efficiency, and extend the vehicle's longevity. "Our partnership with Tata Motors for co-branded Diesel Exhaust Fluid is a significant step toward reducing emissions and supporting cleaner transportation solutions," said Amit Garg, Director of marketing at HPCL. An essential component for modern 856-compliant diesel vehicles, DEF helps in reducing harmful emissions by breaking down potentially harmful nitrogen into safer and cleaner nitrogen and water. By using the co-branded Genuine DEF, Tata Motors customers can conveniently enhance

Path beyond diesel engines hinges on demand: Cummins' Shveta Arya

Cummins manufactures heavy diesel engines for prominent Indian medium and heavy commercial vehicle makers, including Tata Motors

Petrol, diesel sales soar in December as holiday travel boost demand

India's petrol and diesel consumption soared in December 2024 as holiday travel boosted demand, reversing the fall witnessed in previous months, preliminary data of state-owned fuel retailers showed on Wednesday. While petrol sales had shown a year-on-year increase in recent months, diesel has been a laggard since monsoon. November was the first month that saw growth in diesel consumption and the trend continued into December. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, soared 9.8 per cent to 2.99 million tonne in December compared to 2.72 million tonne of consumption in the same month last year. Diesel demand during the month was up 4.9 per cent to 7.07 million tonne. This is the second straight month of auto fuels posting handsome increase in consumption. Petrol demand was up 8.3 per cent year-on-year in November and diesel consumption rose 5.9 per cent. Road trips as well as air and rail travel during the holiday season in the second h

Govt abolishes windfall tax on crude oil, ATF, petrol, and diesel exports

The govt has withdrawn the Road and Infrastructure Cess on petrol and diesel exports to ease financial pressure on the oil sector

Petrol, diesel consumption rebounds in November on festival demand

India's petrol and diesel consumption soared in November as the festive season reversed a fall in demand witnessed in previous months, preliminary data of state-owned firms showed on Friday. While petrol sales had shown a year-on-year increase, diesel has been a laggard since monsoon and November was the first month that saw positive growth in consumption. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, soared 8.3 per cent to 3.1 million tonnes in November compared to 2.86 million tonnes of consumption in the same month last year. Diesel demand was up 5.9 per cent to 7.2 million tonnes. Petrol and diesel sales have been tepid during the monsoon months as rains reduced vehicular movement and demand for the agriculture sector. Petrol demand however soared once rains eased but diesel consumption lagged year-on-year. Month-on-month petrol sales were up 4.7 per cent when compared to 2.96 million tonnes of consumption in October. Diesel demand was

Diesel market flashes warning sign in India as demand growth slows

Sales of the fuel used to power trucks and farm machinery were flat at 7.64 million tonnes in October from a year earlier, according to preliminary oil ministry data

Petrol sales rebound in festival season, diesel demand continues to drop

India's petrol consumption soared 7.3 per cent in October on the back of increased demand from the start of festive season but diesel sales were down 3.3 per cent, preliminary data of state-owned firms showed on Friday. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, rose to 3.1 million tonnes during October when compared to 2.87 million tonnes of consumption in the same month last year. Diesel demand dropped 3.3 per cent to 6.7 million tonnes. While petrol sales were up mostly due to an increase in use of personal vehicles as the festive season kicked in, diesel demand dropped due to lower demand from the agriculture sector owing to the extended rainy season. Petrol and diesel sales have been tepid during the last few months as monsoon rains reduced vehicular movement and demand for the agriculture sector. Month-on-month petrol sales were up 7.8 per cent when compared to 2.86 million tonnes of consumption in September. Diesel demand was howe

India's diesel consumption expected to rise 3%-4% in FY25: IOC Chairman

The arrival of the monsoon in July caused diesel demand to drop due to heavy rains in various parts of India

Diesel consumption to rise 3%-4% in FY25, says Indian Oil chairman

India's annual diesel demand in April-September, half of this fiscal year, rose 1% to 44.4 million tons, according to government data, even though heavy rains curtailed the movement of trucks