Trump plans to ease access to tax-free dieselThe oil stockpiles that cushion the world from supply shocks have become "scarily thin," putting markets at risk of worsening unless Hormuz...
06 Oct, 2026, 12.50 AM IST
India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
05 Oct, 2026, 12.38 PM IST
RoDTEP extension to help sustain exports in challenging global trade environment: CII's BudhiaThe government has extended the RoDTEP scheme until December 31 to support exporters effectively. This scheme offers refunds on various tax...
05 Oct, 2026, 10.07 AM IST
Despite G7, fuel inflation will remainG7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...
05 Oct, 2026, 12.41 AM IST
Trump rules out US diesel export banDonald Trump said the US will not impose a diesel export ban after European countries agreed to release more fuel into the market to ease s...
03 Oct, 2026, 05.44 PM IST
Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
03 Oct, 2026, 05.42 PM IST
Trump says Europe to unlock ‘massive amount of Diesel’; G7 agrees 100 million-barrel oil release amid global crunchUS President Donald Trump said Friday that Europe had agreed to release a “massive amount” of heavily stocked diesel oil, with the process ...
02 Oct, 2026, 08.42 PM IST
China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
02 Oct, 2026, 02.59 PM IST
Government extends RoDTEP export tax refund scheme by three months till December 31The government has extended the RoDTEP scheme until December 31, 2026, to support exporters amid challenges. This extension maintains the e...
02 Oct, 2026, 01.28 PM IST
US wants European allies to do this 'immediately' to lower diesel pricesThe US has urged European allies to release strategic diesel reserves immediately as global fuel prices surge amid supply disruptions linke...
02 Oct, 2026, 08.37 AM IST
Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
01 Oct, 2026, 09.13 AM IST
Mind the diesel retail-bulk gapHigh global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiner...
30 Sep, 2026, 11.18 PM IST
Centre cuts windfall tax on diesel, ATF exports from October 1The Centre has decreased the windfall tax on diesel exports to ₹16 per litre and ATF exports to ₹10.5. This decision, effective from Octobe...
30 Sep, 2026, 10.50 PM IST
Diesel price hits record highs ahead of U.S. midterm elections 2026: Texas, California, other key political states are taking measures to offer relief for Americans. Details hereDiesel price today: White House is considering regulatory relief that would allow broader sales of red-dyed diesel, a move that could allow...
30 Sep, 2026, 06.37 PM IST
Oil prices rise for second session on continued Middle East supply concernOil prices have increased for a second consecutive session amid ongoing concerns regarding supply disruptions from the Middle East. Brent c...
29 Sep, 2026, 07.31 AM IST
India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
28 Sep, 2026, 06.30 AM IST
US to ban diesel exports? Trump weighs drastic move as White House tells Ted Cruz ‘no’: ReportThe White House has assured Senator Ted Cruz that the Trump administration will not impose a blanket ban on US diesel exports, Bloomberg re...
26 Sep, 2026, 11.02 AM IST