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DIESEL PRICES SEPTEMBER 2023
India’s diesel exports hit 1-year high in September as record margins drive Europe shipmentsIndia’s diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners...- US stocks: US market ends lower, off record highs, as Treasury yields climbThe recent trading session on Wall Street saw a decline as US Treasury yields surged, sparking fears over inflation and the escalating debt...
- Petrol margins turn positive as OMC fuel marketing losses ease in Q2FY27: ReportFuel marketing losses of state-run oil marketing companies (OMCs) narrowed sharply in the September quarter, helped by lower crude oil pric...
- EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
- US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
- India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demandThe surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz In...
- Trump opens tax-free use of 'red' diesel to all as Republicans face midterm heatUS President Donald Trump signed an executive order in Nebraska that aims to ease tax limits on diesel fuel. This decision is intended to s...
- 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...
- US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
- 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 ...
- Nayara Energy raises petrol price by Rs 5, diesel by Rs 3Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refi...
- Why are oil prices down today? G7 countries' oil reserve release plan to push crude rates lowerOil prices fell today as G7 countries moved towards releasing up to 100 million barrels of diesel and crude reserves over four months. Bren...
- 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 ...
- FPIs turn net sellers, pull out Rs 35,860 cr in SepIn September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising...
- 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...
- 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...
- India’s fuel demand splits in September as petrol, diesel rise and LPG fallsPetrol and diesel sales increased in September by 7.2% and 4.9% year-on-year, respectively. The rise in petrol consumption was supported by...
- Release diesel stocks or face ban: US to France & GermanyThe Trump administration has urged Germany and France to reduce their emergency diesel reserves to alleviate rising global fuel prices or r...
- 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...
- 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...
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