You Searched For "crude petroleum" and got 16 results
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1 min read
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
1 min read
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
1 min read
Govt cuts windfall tax on domestic crude, export of diesel, ATF
The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…
PTI
1 min read
PHD Chamber seeks 25 pc cut in excise duty, VAT on petroleum products
"Prices of the petroleum products should be in sync with the deceleration in the international cru…
PTI
1 min read
Oil marketing companies gain; BPCL rises 15 pc
"Today (on Tuesday), share price of BPCL and HPCL are up owing to fall in crude prices to near 18-…
PTI
2 mins read
Here's why petrol and diesel prices are set to rise again
Global crude oil prices are near a three-week high and it's an ominous sign that fuel is going to g…
1 min read
The US made $4 billion selling oil this year on President Biden's unprecedented releases from the Strategic Petroleum Reserve
Sales from the Strategic Petroleum Reserve total 180 million barrels at an average of $96.25 per ba…
Phil Rosen
1 min read
Crude oil is tumbling
Earlier on Tuesday, Bloomberg reported that as part of the budget deal reached between Congressiona…
Akin Oyedele
2 mins read
WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables
New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…
PTI
2 mins read
Reliance cuts crude processing at Jamnagar SEZ refinery by 24 pc
In March 2020, the country's petroleum product consumption fell 17.79 per cent to 16.08 million to…
PTI
1 min read
Pakistan just became the latest country to snap up cheap Russian oil
Barrels of Russian oil trade for $15 a barrel less than other benchmarks, as the war in Ukraine has…
George Glover
1 min read
Warren Buffett's Berkshire Hathaway buys $275 million more Occidental Petroleum stock amid ongoing slide in oil prices
Buffett probably isn't done building his stake in Occidental, as Berkshire Hathaway received approv…
Matthew Fox
1 min read
Crude oil is ripping higher
The latest oil-related news today is that the Energy Information Administration reported US crude s…
Akin Oyedele
2 mins read
Here's why tapping the US oil reserve has led to America increasing crude exports - and why even more US energy supplies could be shipped overseas
"But the unintended consequence of federal intervention is that more barrels than ever before are b…
Phil Rosen
1 min read
Indian oil firms are reportedly backing away from long-term deals for Russian oil amid tough sanctions
The largest refiners in India had been in discussions with Rosneft to receive a third of the countr…
Yuheng Zhan
3 mins read
The EIA expects the US to import more oil that it produces this year after a short stint as a net exporter
The slump in crude oil prices will translate into cheaper gas, usually a good thing for US consumer…