Page 5 of Crude prices

asian stocks, asian markets, bond market, treasuries

Asian stocks drop amid higher bond yields, firm dollar; treasuries remain lower, oil past $91 per barrel

Stocks retreated in Asia on Tuesday after worries about Federal Reserve monetary tightening saddled US shares with their worst drop…

Updated: August 23, 2022 07:10 IST

crude prices, crude oil prices, russion oil

Crude price may test $106-107 levels despite correction; sanctions on Russia may affect demand-supply dynamics

Oil prices may continue to give some pain to the global economy due to several reasons. The potential for crude…

August 21, 2022 13:05 IST

Centre cuts cess on Crude oil

The sale of crude oil produced in India has been subject to an additional duty of 17,750 per tonne for…

August 20, 2022 17:34 IST

Petrol, Diesel, Crude, tax Hike, Modi Govt

Tax hike on petroleum: Crude oil production tax raised; diesel, jet fuel export tax cut by this much per litre

India raised the tax on domestically produced crude to Rs 17,750 per tonne from Rs 17,000 per tonne

Updated: August 2, 2022 23:33 IST

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Petrol and diesel price July 26: Fuel cost unchanged; Check prices in Delhi, Mumbai, other cities here

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on July 26 were left unchanged once again, keeping…

July 26, 2022 08:22 IST

Though the country has managed to do away with formal price controls on auto fuels and the Union budget is largely relieved of the onus of explicit fuel subsidies, the markets are hardly free.

Windfall taxes must go: Govt should make fuel business attractive instead of unnecessarily interfering in it

Persistently high inflation is what the government is most worried about, as it threatens to impair macroeconomic fundamentals and stifle…

July 21, 2022 03:45 IST

Nifty, Sensex rise 1% on windfall tax cut, FPI buying, easing commodity prices; ‘Use dips to buy value stocks’

Indian equity markets surged over 1.2 per cent on Wednesday, led by gains in oil and gas firms including Reliance…

July 20, 2022 13:04 IST

Windfall tax review more likely than expected after sharp fall in global crude prices

In a surprise move, the government on July 1 slapped export duties on petrol and ATF (Rs 6 per litre…

Updated: July 13, 2022 13:56 IST

OPEC forecasts slower oil demand growth in 2023

Oil held on to an earlier decline after the report was released, trading below $103 a barrel and well off…

July 12, 2022 18:05 IST

Crude oil price tumbles $10/bbl, WTI falls below $100/bbl as recession fears mount

Saudi Arabia, the world’s top oil exporter, raised August crude oil prices for Asian buyers to near record levels amid…

July 6, 2022 00:46 IST

Govt to drop windfall tax if oil falls by $40/barrel: Tarun Bajaj

“It is a complex thing (when to remove the new taxes)…it will depend on what is dollar to rupee, what…

July 5, 2022 08:15 IST

Crude oil forecast: MCX Crude June futures may fall to Rs 8,350/bbl this week; investors asses supply concerns

The cartel might hike output by 648,000 barrels a day for August, bringing back to the market 9.7m barrels a…

June 21, 2022 11:00 IST

Brent to hit $140/barrel in July-Sept: Goldman Sachs

The investment bank, however, said that the crude prices are likely to come down to $130/bbl in the October-December period…

Updated: June 10, 2022 09:19 IST

Not India-related issue: MEA on procurement of Russian crude oil

Ministry of External Affairs (MEA) Spokesperson Arindam Bagchi said many countries have taken policy decisions with a similar perspective and…

June 2, 2022 21:28 IST

Oil prices fall on prospect of OPEC offsetting Russian output loss

As recently as Wednesday, sources expected OPEC+ to stick to its modest monthly increases in oil output, despite seeing tighter…

June 2, 2022 16:00 IST

MCX Crude oil June futures may rise to Rs 9,250/bbl this week on rising prospects of EU ban on Russian oil

Crude oil might rise further amid a tight refined products market ahead of US summer driving season, improving demand from…

May 31, 2022 09:06 IST

Centre’s fuel tax too high, not feasible for states to reduce taxes further: Tamil Nadu finance minister

The Union government’s levies on petrol have gone up substantially in the past seven years since the prime minister took…

April 29, 2022 06:10 IST

Some 35-40% of India's foreign currency reserves are US dollar assets and the balance are holdings in other global currencies like euro, pound and yen, though expressed in dollar terms.

Threat of shrinking forex reserves to amplify only if oil surges past $140

Looking ahead, in terms of current account deficit (CAD), we expect the average quarterly level in FY2023 to be modestly…

April 21, 2022 04:00 IST

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