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DIESEL AND JET FUEL PRICE RISE
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Russia may allow lower quality fuel production, imports as supply crisis bites: ReportRussia is reportedly considering a temporary rollback on fuel quality standards, allowing the production and import of lower-grade gasoline...
- Government lifts curbs on petrol, diesel sales at pumps as global oil prices fallFuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
- Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchangedPakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil...
- Cummins India to invest more in green techCummins India is aggressively investing in electric, fuel blending, and hydrogen technologies to secure growth beyond 2030 and counter risi...
- Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
- IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 42% crashAviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress i...
- India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
- Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
- Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
- Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
- AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
- Gas prices today June 21: Check daily average rates in California, Texas, Florida, New York, Washington and moreAmerican drivers are finding some relief as the national average for regular gasoline dips below $4 per gallon, standing at $3.938. While t...
- No real spike in petrol, diesel prices in India despite global crude oil market volatility: Hardeep Singh PuriAddressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi governme...
- Gas prices today June 18: Check daily average rates in California, Texas, Florida, New York, Washington and moreDrivers across America are experiencing lower fuel costs. Gasoline prices have dropped for three weeks straight. The national average now s...
- China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
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