Fuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude o...

Fuel prices have increased by Rs 3 per litre for petrol and diesel. This is the first pump price hike in four years. The move aims to reduc...

The govt has announced a reduction in the windfall tax for diesel exports to Rs 23 per litre and for aviation fuel to Rs 33 per litre, star...

A significant increase in diesel export tax is set to align prices for state-run oil companies and private fuel sellers. This move could en...

India has capped refinery margins to manage losses on domestic fuel sales. This follows a windfall tax on fuel exports. The move aims to ba...

Reliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronounceme...

India reimposed export duties on diesel and ATF, impacting refining margins and government revenue. A key uncertainty remains whether Relia...

Rising crude oil prices are expected to significantly impact the March-quarter profits of oil marketing companies, compressing refining mar...

"The accumulated profits of Q1 are likely to help tide over the current quarter where margins have turned to basically almost nominal level...

The retail margins on petrol and diesel jumped sharply in the April-June quarter over the previous quarter. This coupled with gross refinin...

As oil rates have started moderating, the five-month-old tax on windfall profits made by oil cos will be phased out in 2023, Fitch Ratings ...

There is no under-recovery on petrol, but OMCs are incurring losses. The oil ministry estimates global crude prices to remain firm in the n...

Fitch also expects OMCs to incur large marketing losses in FY23 with continuing negative marketing margins as we expect crude oil prices to...

In subsequent fortnightly reviews, the government scrapped the export tax on petrol and jet fuel (ATF) and more than halved the export tax ...

The government has raised export duty on diesel by Rs 13 a litre and on petrol by Rs 6 a litre. It has also raised export duty on ATF by Re...

RBI, in its first rate move in two years and the first hike in nearly four years, raised the repo rate by 40 basis points to 4.40 per cent ...

The disruption in US refineries made crude oil cheaper but raised the rates of petrol and diesel.