Tag: Crude

The government has cut the windfall profit tax on crude oil produced in the country while the levy on exports of diesel and ATF has been hiked, an official ...

India will soon meet Iraq and the United Arab Emirates (UAE) to seek a definitive rate of discount on crude oil similar to what Russia has provided so far, ...

The government on Monday hiked special additional excise duty on crude petroleum to Rs 7,100 per tonne with effect from August 15. Photograph: Richard Carson/Reuters In the last fortnightly ...

In July, the government raised the windfall tax on petroleum crude to Rs 1,600 per tonne from zero (Representative Image: REUTERS)The windfall tax on petrol and aviation turbine fuel ...

Image Source : FILE PHOTO Representational image Output of eight key infrastructure sectors expanded at a five-month rate of 8.2 per cent in June on healthy performance by sectors ...

Lower crude oil costs and higher marketing margins are expected to raise the fortunes of oil marketing companies (OMCs) in the first quarter (Q1) of 2023-24 (FY24), while city ...

India's import of discounted crude oil from the Russian Federation hit an all-time high in May, with state-run refiner IOC turning into the largest importer of Russian oil, relegating ...

The authorities has minimize windfall gains tax on domestically-produced crude oil to nil whereas persevering with the speed at zero on the export of diesel and ATF. The authorities ...

As the European Union (EU) weans itself off refined petroleum merchandise from Russia, Indian refiners, notably personal sector firms, are dashing in to fill the hole, making the region ...

Benchmark U.S. crude oil for February supply rose 70 cents to $50.63 a barrel Wednesday. Brent crude oil for March supply additionally rose 70 cents, to $54.30 a barrel.Wholesale ...