European Stocks Decline for Third Day on Technology, Oil Losses
As concerns about tighter monetary policy and geopolitical unrest rocked risk sentiment, European markets gave up earlier gains to end lower on Thursday, with oil...
Search Results for: Crude Oil
IEA Lowers 2022 Oil Demand Forecast Amid Economic Growth Fears, China Lockdowns
In its monthly report, the International Energy Agency (IEA) lowered its forecast for global oil demand in 2022. This is attributed to the faltering growth...
Prices Of Oil Increase As Supply Unpredictability Grows
Oil prices increased on Monday due to a constrained supply failing to keep up with the still-strong demand, the appearance of barriers in the Iranian...
Global Crude Prices Decrease Due to Foeseeing Demand after New Lockdown
On Wednesday, as China implemented a further lockdown to stop the spread of Covid-19, international crude oil prices fell amid concerns that demand would drop....
Oil Drops to Lowest Level Since January as Demand Worries Grow
Concerns that a global downturn will reduce demand in Europe and the US at the same time that China’s Covid Zero campaign affects consumption caused...
Sensex, Nifty50 Rise as Financials, Oil, Gas and Auto Stocks Lift Markets
India’s stock benchmark tracked the strength of most other Asian markets on the back of early gains after edging higher on Tuesday. Buying interest in...
Extension of Reduced Customs Charge on Imported Edible Oil till March
According to a formal order, the finance ministry has extended the agricultural and infrastructure development cess and the basic concessionary customs tax on edible oils...
India is Now Key Player In Previously Chinese-Dominated Russian Oil Industry
As the effects of Moscow’s invasion of Ukraine change trade flows, India has pushed into a niche of the Russian oil market that was once...
Centre Increases Windfall Tax on Domestic Crude and ATF Export Fee
The union government has raised the windfall tax on locally produced crude oil sales to Rs 13,300 per tonne.The revision is effective beginning on September...
Indian Oil to Invest $25 Billion Toward A Net-Zero Goal For 2046
According to Indian Oil Corp’s chairman S M Vaidya, the leading refiner in the nation expects to invest more than $25 billion to achieve net-zero...