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ONGC, OIL to gain as govt cuts windfall tax on crude oil
The Union government has reduced the windfall tax on petroleum crude to Rs 1,700 per tonne from Rs 2,300 a tonne in its fortnightly revision as oil...
Key infra sectors soar 7.8% in Nov
New Delhi: The output of eight key infrastructure sectors increased by 7.8 per cent in November 2023 against a 5.7 per cent expansion in the...
Govt may cut fuel prices ahead of polls
The rates of petrol, diesel may be lowered ranging from Rs 4 to Rs 10 per litre
Will crude oil hit the $120 a barrel mark in 2024?
Fitch's September GEO projected an average oil price of $75 per barrel for 2024 and $70 per barrel for 2025.
Crude trading at $81.10/bbl
New Delhi: Crude oil futures on Wednesday declined 0.24 per cent to Rs6,300 per barrel as participants trimmed their positions on low demand. On the...
At last, Re makes a breakthrough
UAE accepts payment crude oil supplies in Indian currency; IOC made payments for 1mn barrels of crude oil from Abu Dhabi National Oil Company in...
India, Africa fuelling oil demand
Major contributors to 112 mn barrel/day of peak global crude oil demand by 2030: S&P
Brent crude trading at $81.33/bbl
Crude oil prices increased Rs28 to Rs6,391 per barrel in futures trade as participants widened their positions following a firm spot demand. On MCX,...
