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Russian diesel exports hit record highs as the sanctioned fuel cuts into the US market share

Brazil has seen a dramatic uptick in Russian diesel imports this year, displacing American supplies.

Phil Rosen   


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Russian diesel exports dip as Ukraine war ramps up pressure across the globe on the key industrial fuel

Diesel prices in the US hit a fresh record high of $5.56 per gallon on Friday, up 76.5% from a year…

Phil Rosen   


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Saudi Arabia becomes a major power of refined fuel, triggers price war

The world’s top crude oil exporter Saudi triggers potential price war with its Asian competitors by…

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Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports

The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…

PTI   


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Petrol export by OMCs rose 142% between 2020-21 and 2021-22

The export of petrol by Indian oil marketing companies (OMCs) rose 142% in a year between 2020-21 a…

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Here's why Europe's new Russian fuel sanctions won't cripple Moscow

"Everything we have seen over the last year tells us not to underestimate that Russia hasn't got th…

Phil Rosen   


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Windfall tax on diesel export hiked to ₹1 per litre

The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy…

PTI   


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The top Russian diesel hub is set for its largest monthly plunge in exports since 2016

Shipments out of the Baltic sea port are set at 1.1 million tons for May, which marks a 30% decline…

Phil Rosen   


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Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

Govt hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

PTI   


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Windfall profit tax on crude oil hiked, levy on export of diesel cut

In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel…

PTI   


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Reliance Industries, ONGC, Vedanta and others slapped with windfall, export tax on petroleum

The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped oversea…

PTI   


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Here's how waiving a century-old law can help fix America's diesel crisis

"In a rather bizarre turn of events, the US Gulf Coast ships diesel to all manner of countries, but…

Phil Rosen   


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America is facing a dramatic diesel shortage that could get even worse

A top oil analyst broke down the worsening fuel shortage in the US and how markets could respond in…

Phil Rosen   


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Ships carrying Russian diesel are idling off of Brazil in the latest hold-up for Moscow's energy flows

Russia has admitted recently that secondary sanctions from the West are choking its energy exports.

Yuheng Zhan   


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Govt hikes windfall tax on domestic crude, reduces levy on export of diesel

As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…

ANI