News Karnataka
Friday, December 09 2022

crude oil

Centre hikes windfall tax on domestic crude oil

17-Nov-2022 Business News

The tax on crude oil produced by State-owned ONGC was hiked to Rs 10,200 per tonne from Rs 9,500 per tonne, with effect from Thursday, according to a notification. The revision in windfall tax is done every fortnight. The government...

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Amman: Jordan resumes crude oil imports from Iraq

20-Sep-2022 Asia

Trucks have started loading the crude oil from the oil fields in Kirkuk Governorate in northern Iraq, Jordan's Minister of Energy Saleh Kharabsheh said in...

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Excise duty on petrol, diesel rose despite crude level below $80

11-Sep-2022 Business News

The government's revenue generation through levy of excise duty saw a growth of 126 per cent between 2014-15 and 2021-22....

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High crude oil prices to keep rupee on a slippery slope

11-Apr-2022 Business News

High crude oil prices combined with fears of rising inflation are expected to keep the Indian rupee under pressure, next...

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Biden admin taps strategic petroleum reserve

04-Sep-2021 North America

As of August 20, the SPR held 621.3 million barrels of crude oil, including 368.1 million barrels of sour crude and 253.2 million barrels of...

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