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2 mins read
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
1 min read
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
1 min read
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
2 mins read
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
2 mins read
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
2 mins read
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
1 min read
PHD Chamber suggests 7-pronged strategy to mitigate coronavirus impact on industry
He stressed that the allocation of Rs 102 lakh crore made for the National Infrastructure Pipeline…
PTI
2 mins read
Oil prices could trade above $120 next year - but extremely low diesel inventories pose an even bigger concern, top energy analyst says
On October 14, the EIA announced the US only had 25 days left of reserve diesel supply as inventori…
Phil Rosen
4 mins read
Here's what Citi's global energy expert Ed Morse has to say about oil markets, Russia, and the 'stunning change' that's washed over the American oil market.
Insider's Phil Rosen sits down with Citi's global commodities chief, Ed Morse, to talk energy and o…
Phil Rosen
2 mins read
Russian diesel has been sitting in Sudan waters for over 2 weeks because Moscow can't find buyers
The Adamas I ship, which stacked Russian diesel-type cargoes in late January, has been stuck in Nor…
Zahra Tayeb
2 mins read
Lower Oil Prices: The Inflection Point?
Talking about the Indian subcontinent, the prime beneficiary to this event is the Government of Ind…
4 mins read
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
1 min read
Saudi Arabia oil exports soared to the most since 2016 in Q1 thanks crude prices above $100 a barrel and higher production
The General Authority for Statistics said Saudi Arabia's oil exports reached nearly $35 billion in …
Zahra Tayeb
1 min read
Here Are The Countries Drinking Up Saudi America's Sweet Oil [MAP]
But after that is when it starts to get interesting: major destinations include Brazil, Chile, the …
Rob Wile
2 mins read
Indians will have to deal with higher oil prices as polling ends and global supply remains curtailed
As India’s elections came to a close this week, its citizens will have to contend with higher fuel …