Windfall tax on petroleum crude hiked 84% to ₹6,000 per MT
Of the stocks included in the Nifty Oil & Gas index,13 are on the rise today, with Adani Total Gas and Oil India up 4.10% and 2.52%, respectively.
Advertisement
oil
July 2024
November 2023
April 2023
January 2023
July 2022
June 2022
May 2020
Developed countries backtracking on climate targets: Amitabh Kant
These comments come ahead of the COP28 summit on climate change in the U.A.E.
Goods exports grow 6.21% in October
Merchandise imports for October shot up 12.3% to $65.03 billion, as compared to $57.91 billion in October 2022.
HPCL shares are rallying for 10th straight session; here’s why
HPCL shares have gained nearly 26% in the last ten sessions, inching close to its 52-week high of ₹309.85 touched on July 26, 2023.
Govt extends restrictions on export of petrol, diesel
Refiners must sell at least 50% of annual volume of petrol exports, 30% of diesel exports in India; move to ensure availability of refined fuel in India
Q3 results: Oil and gas cos to see strong sequential growth in Dec quarter
OMCs such as IOCL, BPCL, and HPCL are likely to swing back to the black, thanks to sharp narrowing of marketing losses on retail fuels and steady GRMs.
MRPL, CPCL, OIL, ONGC, IOC, RIL fall up to 10%; here’s why
Shares of CPCL and MRPL tumbled nearly 10%, while ONGC, OIL, Reliance, IOC, Gujarat Gas, and Indraprastha Gas dropped up to 5% due to sharp decline in international crude prices.
ONGC Videsh makes oil discovery in Colombia
ONGC Videsh has a significant presence in the oil and gas sector in Colombia.
Edible oil brands have cut prices by ₹10-15: Govt
Govt says timely interventions on multiple fronts have led to a falling trend in edible oil prices.
The “low-for-longer” story of global oil
The post Covid-19 world for oil producers, traders, and consumers will be very different from the earlier decades.
