India cuts petrol export duty to nil, raises diesel levy

The government slashed export duty on petrol to nil while raising levies on diesel and aviation turbine fuel exports by ₹3 and 50 paise per litre respectively.

Diesel exports will incur a revised levy of ₹11.5 per litre for the next 15-day period amid strong international demand and high Indian shipment volumes.

India's diesel exports reached 700 kilo barrels per day in October, prompting fortnightly adjustments by authorities to ensure domestic fuel availability.