India adjusts export duties on petrol, diesel, aviation fuel
pre-market1 source ↓written by the desknot a recommendation
- while cutting duties
- ₹3 per litre
- ₹16.5 per litre
- ₹16 per litre
India has raised the export duty on petrol to ₹3 per litre while cutting duties on diesel to ₹16.5 per litre and aviation fuel to ₹16 per litre. These changes follow a recent increase in retail fuel prices, reflecting adjustments based on international crude oil prices.
The revised rates will impact trade dynamics and may influence market sentiment in the energy sector. Traders should monitor these developments closely as they could affect supply chains and pricing strategies.
Not investment advice. For informational purposes only.