Tag: petrol prices in India

Export duty on diesel, ATF reduced; petrol increased

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Export duty on diesel, ATF reduced; petrol increased

Image used for representational purposes only. | Photo Credit: PTI Prompting a potential boost to India’s export of hydrocarbons, the Union Finance Ministry late Tuesday (June 30, 2026) lowered the export levy on diesel to ₹8.5 per litre and aviation turbine fuel (ATF) to ₹7.5 per litre whilst increasing the export levy on petrol ₹4…

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Oil companies bleed ₹30,000 crore as fuel prices held steady despite global energy shock

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Oil companies bleed ₹30,000 crore as fuel prices held steady despite global energy shock

State-run oil marketing companies (OMCs) have bled an estimated ₹30,000 crore in losses since mid-March as they kept fuel and LPG supplies flowing without raising retail prices despite facing an energy disruption that is bigger than all previous crises combined. Indian Oil Corporation Limited (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited…

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