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Nayara raises petrol by ₹5, diesel by ₹3 per litre

• Prices rose by ₹5 per litre for petrol and ₹3 for diesel, effective Saturday, October 3
• Nayara operates 7,108 petrol pumps across India
• Fuel price increases may lift inflation pressure, affecting Indian consumers and rate-sensitive sectors

Trump rules out a US diesel export ban

• Trump said the US would not ban diesel exports
• European nations will expand fuel availability within the market
• Lower risk of export curbs supports fuel availability for Indian refiners and fuel buyers

Diesel boom lifts Reliance and Nayara, leaves state-run OMCs bleeding

• Private refiners Reliance and Nayara are cashing in on diesel export margins
• State-run OMCs absorb losses as controlled pump prices meet rising domestic demand
• Refining margins support Reliance Industries, while controlled pump prices pressure listed oil-marketing companies

G7 agrees to release 100 million barrels of oil and fuel over four months

• The release will include crude oil and diesel from emergency reserves
• The four-month release aims to ease fuel shortages and soaring prices
• Lower oil prices could benefit Indian fuel retailers and oil-importing sectors

Petrol, Diesel Prices On October 3: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More

• Global crude crossed $100 amid Middle East tensions
• State-run oil companies kept fuel prices unchanged on October 3
• Crude above $100 pressures margins for Indian oil-marketing companies if pump prices stay unchanged

100M oil barrels to hit markets: G7 makes big move after Trump’s diesel export ban threat

G7 to release 100 million barrels of oil reserves through IEA

• The co-ordinated release includes frontloaded diesel supplies to stabilise global energy markets
• Lower crude and diesel prices could ease costs for Indian refiners and fuel retailers

LPG consumption down, diesel & petrol sales up in September

Nasdaq Leads Stocks Higher as Hiring Softens

• Nasdaq led stocks higher as hiring softened
• Bond yields turned higher and oil fell as the G-7 agreed to release diesel and crude
• Lower crude prices can ease costs for Indian oil-marketers, airlines and other fuel-intensive sectors

Oil falls $2 as Europe agrees to release diesel reserves after Trump push

• Brent fell 1.76% to $100.50 a barrel after Europe agreed to release additional diesel stockpiles
• WTI dropped 2.18% to $90.85
• Lower crude prices can ease costs for Indian oil-marketing companies and fuel-intensive sectors

Oman Had Previously Banned the FlyDubai Attacker From Flying

• Oman had previously banned the FlyDubai attacker from flying
• The G-7 agreed to release 100 million barrels of diesel and crude oil

Europe agrees to release diesel stockpiles, sending oil prices down more than 4%

• European leaders agreed to release some diesel stockpiles on Friday
• Oil prices fell by more than 4%
• Lower oil prices can ease input costs for Indian fuel retailers, refiners and transport companies

Trump weighs diesel export ban; Macron rallies G7 leaders over surging energy prices — inside transatlantic energy clash

• Macron plans a G7 leaders’ call on surging fuel prices as the US pressures allies to release diesel stocks
• Oil price swings affect Indian oil marketing companies and fuel consumers

Trump Says US To Hold Off On Diesel Export Ban After G7 Release

• Trump said the US will hold off on a diesel export ban after a G7 release
• The statement comes amid a record surge in diesel prices

Economists Warn Of 5% UK Inflation If US Diesel Ban Goes Ahead

• UK diesel prices hit a record £2 per liter, with fears they could rise to £3
• Economists warn inflation could reach nearly 5% if a US diesel export ban goes ahead

Trump says Europe will release a “massive amount” of diesel stocks

• China is restricting fuel exports amid global supply disruptions
• US Energy Secretary Wright said he was “highly confident” Europe would release diesel stocks
• Diesel supply shifts may affect crude and fuel costs for Indian refiners and oil marketing companies

Who would be exposed if U.S. bans diesel exports? Goldman weighs in