Crude Oil
World  /  Published 11.02.23

Oil prices rise over Russian cut hint

Russia is world’s third-largest producer of oil, and announcement by Novak immediately sent prices upward before they eased slightly...
By Stanley Reed in London

Business  /  Published 06.02.23

India's appetite for Russian crude lifts

Officials said India will continue to buy crude oil from anywhere in the world, including Russia, to meet its energy needs...
By PTI in Bengaluru

Business  /  Published 05.02.23

Centre increases windfall tax on crude oil

According to the revisions, tax on diesel for export will increase to Rs 7.5/litre from Rs 5/litre...
By Our Special Correspondent in New Delhi

Business  /  Published 17.01.23

Govt cuts windfall tax

Crude oil pumped out of the ground and from below the seabed is refined and converted into fuel like petrol, diesel and aviation turbine fuel...
By PTI in New Delhi

Business  /  Published 15.01.23

Russian oil: India's breaking all records

Despite sanctions, the US is snapping up refined petroleum products from India made from Russian crude oil...
By Paran Balakrishnan


India  /  Published 11.01.23

Oil pipeline leak sparks flurry

The incident occurred at Bakiya Farre village where the villagers were seen collecting the leaking crude oil since morning without realising that the sticky, dark liquid can’t be used in daily life...
By Dev Raj in Patna

Business  /  Published 10.01.23

Fear of more EU sanctions

Moscow remains top oil exporter to India for the third month in a row in December...
By Our Special Correspondent in New Delhi

Business  /  Published 09.01.23

Exports face rough ride

Faced with an awning balance of payments gap, country should aim to reduce its energy import, say analysts...
By R. Suryamurthy in New Delhi

Business  /  Published 04.01.23

Windfall tax on fuel raised

Government has also raised windfall tax on aviation turbine fuel and highspeed diesel for exports...
By Our Special Correspondent in New Delhi

Business  /  Published 31.12.22

Core sector grows 5.4%

Crude, natural gas and refinery products, however, recorded negative growth in November this year...
By PTI in New Delhi


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