Global Oil Prices
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India Hikes Windfall Tax On Crude Oil Again, Reintroduces Diesel Levy

The Indian government has once again raised the windfall tax on petroleum crude oil, this time to Rs 3,300 (USD 39.76) per metric ton, effective from 16 February 2024. This marks the second increase in two weeks, following a previous hike from Rs 1,700 to Rs 3,200 on 3 February 2024. Additionally, the government reintroduced […]

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Companies National News States

Commercial LPG Prices Reduced By Rs 39.50 In Major Cities

In a development that may bring relief to users of commercial cooking gas, such as hotels and restaurants, Oil Marketing Companies (OMCs) announced a reduction of Rs 39.50 in the prices of 19 kg LPG cylinders across the four major metropolitan cities on Friday. Typically, state-owned entities like Indian Oil Corporation (IOC), Bharat Petroleum Corporation […]

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