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Read More... Petrol, Diesel Price Cut Likely if Crude Stays Low
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Petrol and diesel prices may be reduced if global crude oil prices remain low for the next few weeks, Union Minister Hardeep Singh Puri said.
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Govt Bans Bulk Buyers at Retail Petrol Pumps for 90 Days
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India's Petroleum Ministry has barred industrial and commercial bulk users from retail fuel stations for 90 days amid a ₹39/litre retail-wholesale diesel price gap and supply concerns.
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India holds 76-day fuel buffer; refiners lose ₹600–700cr/day
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Petroleum ministry says India has 76–80 days of fuel cover. Refiners report under-recoveries of ₹6–30/litre, facing about ₹600–700 crore daily losses.
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Windfall Tax on Petrol Exports Imposed; Duties on Diesel, ATF Cut
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The Indian government has imposed a ₹3 per litre windfall tax on petrol exports while reducing duties on diesel and jet fuel exports effective May 16. The move aims to ensure domestic fuel supply amid high global crude prices due to West Asia tensions. No impact on retail pump prices.
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Is India Wasting Water on Ethanol Production? Experts Differ
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A major study claims 10,000+ litres of water per litre of ethanol from rice, sparking debate on India's E20 blending success amid falling groundwater levels. Industry refutes figures while experts call for sustainable feedstocks.
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India Petrol Crisis Update 2026: Government Acts Fast to Protect You From Rising Fuel Prices
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India petrol crisis update: Govt slashes excise duty, reserves last 60+ days & fuel prices stay stable. Here's the full truth behind the fuel crisis rumours.
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LPG Refill Period Stays at 25 Days: Government Debunks 35-Day Extension Rumours
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The Ministry of Petroleum and Natural Gas has clarified that the minimum LPG cylinder refill period stays at 25 days, debunking 35-day extension rumours. New Natural Gas and Petroleum Products Distribution Order 2026 pushes PNG adoption with strict timelines and penalties for delays. Latest India news update on government measures amid supply concerns.
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