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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
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
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
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
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
GREENSPAN: The US is producing oil that has nowhere to go
And then the question is -- where does the crude go? Because everyone's forecast as to what was goi…
Shane Ferro
Crude oil futures slip on weak domestic cues
New Delhi, Feb 4 () Crude oil futures on Tuesday fell by Rs 16 to Rs 3,610 per barrel after partici…
PTI
US shale producers could be facing over $10 billion in hedging losses even as oil prices hover around $100 a barrel, Rystad Energy says
US shale oil producers have 46% of their expected crude oil output hedged at $55 a barrel, way belo…
Zahra Tayeb
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
Israel exports oil for the first time ever after diplomatic breakthrough with Lebanon
Israel's oil export was sold to commodities giant Vitol through a multi-cargo agreement.
Filip De Mott
Indonesia extends zero export levy on palm oil till October 31
Indonesian palm oil producers have struggled with high stockpiles after the country imposed a …
The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says
Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…
Jennifer Sor
Biden's latest plan to try to bring gas prices down: Releasing 1 million barrels of oil a day from the government's stockpile for 6 months
The release could lower prices by "10 cents to 35 cents a gallon," President Biden said Thursday, a…
Ben Winck
Fuel prices aren't going down anytime soon and there isn’t much India can do about it
This price level was just 9 cents short of the previous high of $81.48 seen in November 2014,…