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Articles for CRUDE OIL

Govt Reduces Windfall Tax On Domestic Crude Oil To Rs 3,250 Per Tonne

The last revision on 1 June saw a decrease in the windfall tax on crude oil from Rs 5,700 to Rs 5,200 per tonne

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Gross Refining Margins Of Indian Refiners To Moderate In Range Of $6-$8/bbl In FY25: CareEdge Ratings

After recording an exceptionally high GRM in FY23 at an average of USD 16-USD 18 / bbl, the GRM of Indian Refiners moderated to an average of USD 10 - USD 12/bbl in FY24 which was largely in line with CareEdge Ratings expectations

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India Leads Surge In Demand As Oil Anxiety Subsides & Gold Prices Rise

Global gold demand witnessed a 3 per cent year-on-year increase in the first quarter of 2024, totaling 1,238 tonnes

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