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Crude Oil
Reliance gets US approval to resume crude imports from Venezuela
Apart from Reliance, India’s state-owned Oil and Natural Gas Corp.’s overseas investment arm ONGC Videsh Ltd. has also applied for waivers to import crude from Venezuela.
24 July 2024, 07:11 IST
Reliance gets US approval to resume crude imports from Venezuela
24 July 2024, 07:11 IST
Windfall tax on crude petroleum hiked to Rs 7,000/tonne
The tax is levied in the form of Special Additional Excise Duty (SAED).
15 July 2024, 20:23 IST
Windfall tax on crude petroleum hiked to Rs 7,000/tonne
15 July 2024, 20:23 IST
US crude and gasoline inventories fell last week, distillate stocks rose, EIA says
Global Brent and US West Texas Intermediate (WTI) futures were up following the report.
10 July 2024, 16:50 IST
US crude and gasoline inventories fell last week, distillate stocks rose, EIA says
10 July 2024, 16:50 IST
Windfall tax on domestically produced crude oil hiked to Rs 6,000/tonne
The new rates are effective from July 2, an official notification said. India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
02 July 2024, 05:54 IST
Windfall tax on domestically produced crude oil hiked to Rs 6,000/tonne
02 July 2024, 05:54 IST
Centre raises windfall tax on petroleum crude
The new rates would come into effect from July 2.
01 July 2024, 17:29 IST
Centre raises windfall tax on petroleum crude
01 July 2024, 17:29 IST
Oil prices ease on stronger dollar while US inflation data looms large
Losses were limited, however, by escalating geopolitical tensions and hopes of improved demand this summer.
25 June 2024, 13:59 IST
Oil prices ease on stronger dollar while US inflation data looms large
25 June 2024, 13:59 IST
Oil falls further on worries of supply rising later in 2024
Brent crude futures fell 49 cents or 0.63% $77.87 a barrel at 0343 GMT. Brent closed below $80 for the first time since February 7, after falling more than 3% on Monday.
04 June 2024, 04:08 IST
Oil falls further on worries of supply rising later in 2024
04 June 2024, 04:08 IST
Windfall tax on crude petroleum cut to Rs 5,200/tonne
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
01 June 2024, 06:46 IST
Windfall tax on crude petroleum cut to Rs 5,200/tonne
01 June 2024, 06:46 IST
India makes rare request for refiners to join on Russia oil deal
The government wants its refiners to lock in at least a third of their contracted supply from Russia at a fixed discount to help shield the nation’s economy from volatile prices, the people said, asking not to be named due to the sensitivity of talks.
22 May 2024, 03:41 IST
India makes rare request for refiners to join on Russia oil deal
22 May 2024, 03:41 IST
Windfall tax on domestic crude slashed to Rs 5,700 per tonne
The new rates are effective from May 16, an official notification said. Earlier, the rate was Rs 8,400 per tonne.
16 May 2024, 06:41 IST
Windfall tax on domestic crude slashed to Rs 5,700 per tonne
16 May 2024, 06:41 IST
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