Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
India cuts diesel and ATF export duties to ease pressure on refiners as imported crude prices climb
📌 India will cut the export duty on diesel from 55.5 rupees per liter to 23 rupees per liter, while ATF will be reduced from 42 rupees per liter to 33 rupees per liter for the adjustment period starting May 1. The export duty on petrol remains at zero.
⛽ The key point is that domestic excise duties on retail fuel remain unchanged, meaning local fuel prices are still being kept stable. This shows the latest adjustment is mainly aimed at export activity and refinery margins.
🔎 The main backdrop is rising pressure on India’s imported crude costs as global energy markets remain tense. Lower export duties give refiners more room to operate while input costs rise and domestic selling prices remain controlled.
🌍 For the international market, this move could support diesel and jet fuel supply from India, helping ease some pressure on refined fuel products in the short term. However, the actual impact will still depend on oil price movements and the next 15-day review.
#EnergyMarkets #OilInsights