The Indian government late Monday increased the export duty on diesel to Rs 14 per litre, a significant hike aimed at ensuring adequate domestic supply. Petrol export duty remained unchanged, according to an official notification.
The revision, effective June 16, 2026, comes amid rising crude oil prices and concerns about fuel availability in the domestic market during the monsoon season.
What Changed
- Diesel export duty: Increased to Rs 14 per litre
- Petrol export duty: Unchanged
- Aviation Turbine Fuel (ATF) export duty: Also hiked
Market Impact
Shares of major Indian refiners — including Reliance Industries, Indian Oil, and BPCL — may face pressure as markets digest the higher export duty. The government has been actively managing fuel duties since 2022, using them to balance domestic supply, export incentives, and revenue collection.
See also: India Opens Stock Markets · Gujarat Industrial Policy 2026
