Tag: Crude Oil

Understanding the petrodollar system The term “petrodollar” refers to US dollars earned by oil-exporting nations through the sale of oil. The petrodollar system is not...

Trudeau rejects Trump’s proposal to make Canada the 51st State amid tariff threats US President-elect Donald Trump has reignited controversy by suggesting the use of...

Sensex trades higher on positive global cues Indian equity benchmarks opened in positive territory on Monday, buoyed by favorable global market sentiment. At 9:40 a.m., the...

Overall market trends remain positive Amid positive global cues, Sensex opened in green on Thursday. At 9:50 am, Sensex was up 375 points, or 0.50...

India managing itself well in the last one or two years amid the global headwinds, says NSE CEO The fundamentals of stock exchanges are very...

Windfall profit tax on crude oil is the second lowest since the new levy was introduced in July 2022 According to an order, the government...

Nitin Gadkari suggests India needs to promote flex-fule and electric vehicles Union Road, Transport and Highways Minister Nitin Gadkari has said that the country needs...

Would wait for the effective cut to assess the impact on India: Hardeep Puri Union Petroleum and Natural Gas Minister Hardeep Singh Puri has said...

Oil slips to six-month low The government on Friday cut the windfall tax levied on locally- produced crude oil from Rs.13,300 per tonne to Rs.10,500...

Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...