New Delhi, Oct. 16 -- The Centre has raised the export duty on petrol to Rs 2.5 per litre and reduced the levy on diesel exports to Rs 8.5 per litre for the next fortnight, as part of its periodic revision of taxes on petroleum products amid volatility in international energy markets.

Under the revised rates, the Special Additional Excise Duty (SAED) on petrol exports has been increased from Rs 0.50 per litre to Rs 2.5 per litre, while the duty on diesel exports has been reduced from Rs 16 per litre to Rs 8.5 per litre. The Road and Infrastructure Cess (RIC) on exports of both fuels remains nil.

The export duty on aviation turbine fuel (ATF) has been retained at Rs 10.5 per litre, applicable entirely as SAED.

The revised rates come int...