crude oil prices – Page 5 – Market-Tracker

Crude oil’s windfall tax dropped by the eighth fortnightly review’s taxes on diesel and ATF exports

Crude oil’s windfall tax dropped by the eighth fortnightly review’s taxes on diesel and ATF exports

Mahalakshmi@fastura.com2 years ago04 mins

The government reduced the windfall tax on local crude oil exports on Tuesday from Rs 11,000 per tonne to Rs 9,500 per tonne. The windfall tax on aviation fuel exports (ATF) has, however, been raised from Rs 3.50 per litre to Rs 5 per litre. Diesel fuel now costs Rs. 13 per litre after an…

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Due to supply issues, the price of MCX crude oil may reach Rs 7800/bbl in three months

Due to supply issues, the price of MCX crude oil may reach Rs 7800/bbl in three months

Mahalakshmi@fastura.com2 years ago03 mins

Oil and gas geopolitics, which are a function of supply and demand, are becoming more volatile. Geopolitical conflicts or war in an energy-producing nation have a major impact on crude oil prices. Energy security, the balance of power between energy importers and exporters, and the military might of key states are all being affected. After…

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