Petrol, Diesel Price Cut: Nayara Slashes Rates From July 1 Motorists received limited relief on July 1, 2026, after private fuel retailer Nayara Energy reduced petrol prices by Rs 5 per litre and diesel prices by Rs 3 per litre across its fuel station network. The company’s move comes as international crude oil prices softened after easing tensions in West Asia. Nayara Energy Announces Fuel Price Cut Nayara Energy, one of I

Jet Fuel Price Cut Gives Airlines Relief As ATF Falls By Rs 5/Litre Aviation turbine fuel prices in India have been reduced by nearly Rs 5 per litre from July 1, 2026, offering fresh relief to domestic airlines at a time when global crude oil prices have started easing. The revised ATF rate in Delhi is now around Rs 110 per litre, according to the latest price notifications reported by media outlets. ATF Price Cut Comes As Crude Oil Softens

Strait Of Hormuz Opens, But Petrol And Diesel Relief May Take Time The reopening of the Strait of Hormuz after a reported US-Iran understanding has eased fears of a major oil supply shock. Crude oil prices have started cooling, but Indian consumers may not see an immediate drop in petrol, diesel, or LPG prices. The development is important for India because the Strait of Hormuz is one of the world’s most crucial oil shipping routes. A large share of gl

US-Iran Peace Deal Boosts Sensex, Nifty As Oil, Realty Stocks Rally Indian stock markets ended Monday’s session with strong gains as optimism over a possible US-Iran peace deal lifted investor sentiment and eased concerns over crude oil supply disruptions. The BSE Sensex closed at 76,176.54, rising 648.59 points or 0.86 per cent. The NSE Nifty50 ended at 23,848.10, gaining 225.20 points or 0.95 per cent. During the day, the Sensex had climbed more than

Sensex Ends Lower As IT Stocks Drag Market, Nifty Falls Below 23,200 Indian stock markets remained under pressure on Thursday as the Sensex and Nifty closed lower amid weak IT stocks, rising crude oil concerns, and geopolitical tension. The fall has also brought attention to a rare market trend in 2026, as the Sensex is moving against the usual pattern of positive returns during FIFA World Cup years.

India has exempted petrol blended with 22% to 30% ethanol from central excise duty, giving a major push to the country’s biofuel adoption strategy. The exemption covers higher ethanol fuel blends such as E22, E25 and E30. By reducing the tax burden on these blends, the government aims to make ethanol-rich petrol more attractive for fuel producers, distributors and future consumers while reducing reliance on imported crude oil.   Excise Relief For High-Ethano

Why Sensex And Nifty Closed Lower Today Sensex and Nifty ended lower as IT stocks fell sharply, crude oil moved near $100, and investors watched rupee weakness and RBI policy cues. Sensex Ends Lower After Volatile Session Indian stock markets closed lower on Wednesday after a volatile trading session. The Sensex ended 303 points lower, while the Nifty also finished in

India, Venezuela Crude Oil Imports Rise As Saudi Supply Drops   Venezuela Becomes Key Oil Supplier Venezuela has emerged as India’s third-largest crude oil supplier in May, overtaking Saudi Arabia and the United States. The rise comes as Indian refiners increased purchases of cheaper Venezuelan crude during global supply disruptions. According to Kpler data, Venezuela supplied around 417,000 barrels per day to India in May, com

Fuel Prices Rise For Second Time In Five Days Fuel Prices Rise Again Petrol and diesel prices have gone up again across major Indian cities, marking the second fuel price hike within five days. The latest revision was made after oil companies increased retail fuel rates on Monday, adding more pressure on consumers already facing rising transport and household expenses. In New Delh

Fuel Price Hike Fear Grows After Russian Oil Waiver Ends Russian Oil Waiver Ends, Fuel Price Pressure Rises India may face fresh pressure on petrol and diesel prices after the United States allowed a key sanctions waiver on Russian seaborne oil purchases to expire. The decision comes at a sensitive time when global crude oil prices are already rising due to West Asia tensions and fears of supply disruption around the Strait of Horm

Petrol And Diesel Prices Rise Across India After Crude Oil Surge Petrol Diesel Price Hike 2026 Updates Petrol and diesel prices were increased by Rs 3 per litre across India on Friday, May 15, 2026, as rising global crude oil prices added pressure on oil marketing companies. The latest petrol diesel price hike 2026 has become a major India fuel news update, with fuel price increase India trends showing higher petrol, diesel, and CN

PM Modi Repeats Fuel Saving And WFH Appeal Amid West Asia Crisis

May 1, 2026 | Global: Jet Fuel Prices Rise 5%, Mark Second Consecutive Monthly Increase International prices of Aviation Turbine Fuel (ATF), commonly known as jet fuel, have risen by around 5%, marking the second consecutive monthly increase. The hike reflects sustained pressure in global energy markets, with oil companies gradually passing on higher costs to international carriers. According to state-owned oil firms, ATF prices for foreign airlines have b

  Amid rising geopolitical tensions in West Asia and growing concerns over possible disruptions in the Strait of Hormuz, the government has reassured citizens that India’s oil reserves and fuel supply remain stable. Officials said there is no need for panic buying or hoarding of petrol, diesel or LPG cylinders, as adequate stocks are available to meet domestic demand. According to government sources, India currently maintains around 25 days of crude oil and petroleu