Tag: petroleum crude

Oil prices to remain stable amid various crude supply options: Union Minister Hardeep Puri

According to Puri, global oil supply continues to outpace demand, which should contribute to maintaining a stable market and prices in the foreseeable future.

November 5, 2024

Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts

As per estimates every USD 1 per barrel drop in crude prices results in an annual savings of around Rs 13,000 crore on India's import bill.

September 27, 2024

India increases windfall tax on petroleum crude

This revision in special tax would be effective from July 2, according to an official gazette notification issued on Monday.

July 2, 2024

India slashes windfall tax on petroleum crude

The new tax rates will come into immediate effect. The taxes on diesel, petrol and aviation turbine fuel will continue to remain nil.

May 1, 2024