April, 2026

Govt sets export duty on diesel at ₹23/litre, ATF at ₹33; petrol levy stays nil

The government has set export duties on diesel at ₹23 per litre and on aviation turbine fuel (ATF) ...

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No LPG shortage, government clarifies amid West Asia crisis; urges public to stop panic buying

Domestic LPG supply remains at 100 percent amid the West Asia crisis. No dry-outs have been reported nationwide. ...

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Government reviews households with dual LPG, PNG connections

The government is identifying households with both LPG and PNG connections. This move aims to stop dual ownership ...

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Oil shock will hit Asia harder than the 1970s

Asia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers ...

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West Asia War: Bulk diesel buyers switch to pumps, add to OMC losses

West Asia War: Oil companies face a 30-50% drop in diesel sales to bulk customers. Large buyers are ...

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Centre proposes rules to recognise higher ethanol fuels

India’s road transport ministry is set to update vehicle emission rules. Higher ethanol fuels like E85 and E100, ...

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West Asia crisis drives up fuel losses for OMCs: ICRA

At crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre ...

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UAE's OPEC exit: With cartel cracked, oil spills over geopolitics

In a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation ...

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Petrol, diesel price hike? Government denies viral claim, terms it as fake

Government has denied reports of increased petrol and diesel prices. A viral social media post claiming price hikes ...

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Oil firms selling petrol at Rs 14 a litre loss, diesel at Rs 18

Indian oil companies face substantial losses on petrol and diesel sales. Elevated crude oil prices are squeezing marketing ...

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