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Searched Tag: crude petroleum
September 12, 2024, 06:27 PM - 3 min read
Global crude oil prices dropped to a three-year low but have slightly rebounded. Indian oil firms may lower petrol and diesel prices if the trend continues, but cuts are likely closer to upcoming state elections.
Read moreAugust 31, 2024, 02:17 PM - 1 min read
The government reduced the windfall tax on domestically-produced crude oil from ₹2,100 to ₹1,850 per tonne, effective Saturday.
Read moreJune 15, 2024, 12:54 PM - 2 min read
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
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