Speaking to journalists, Silveira said the country's fuel supply remains stable and the government is closely monitoring developments in the international oil market as well as domestic price movements.
India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
Beijing [China], June 14 (ANI): In the 11th fuel price increase since the end of last year, China will raise the retail prices of gasoline and diesel yet again from Wednesday, said the country's top economic planner.
Beijing [China], March 17 (ANI): China is going to increase the retail prices of gasoline and diesel starting Friday, Xinhua reported citing the country's top economic planner.
London [UK], Feb 5 (ANI): The United Kingdom has decided to ban the sale of new gasoline and diesel cars beyond 2030, five years earlier than the planned date, to deal with the climate crisis and help cut the country's carbon emissions to "net zero" by 2050.