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Crude Oil

Finance Ministry to review efficacy of windfall tax on crude oil and fuel exports

Finance Ministry to review efficacy of windfall tax on crude oil and fuel exports

Thu, Nov 28, 2024

The Finance Ministry would review the efficacy of windfall tax on the export of petrol, diesel and Aviation Turbine Fuel (ATF) as global crude oil prices have stabilised, sources said. Phenomenal profits made by some oil refiners on exporting fuel at the expense of domestic supplies had prompted the government to introduce an export tax on petrol, diesel and ATF in July 2022.

Central government has tools to deal with volatile crude oil rates, says official

Central government has tools to deal with volatile crude oil rates, says official

Fri, Oct 04, 2024

India is bound to be impacted by the spillover impact of global developments, a central government official has said.

Brent crude fell by about 2.5%

Brent crude fell by about 2.5%

Tue, Oct 01, 2024

Brent crude slipped below $70, Brent crude fell by about 2.5%

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When will Nasdaq make life high? Will the rise in metal, commodity, crude stocks continue?

When will Nasdaq make life high? Will the rise in metal, commodity, crude stocks continue?

Wed, Sep 25, 2024

Why is Dow's new life high better?, When will Nasdaq make life high?, Will the rise in metal, commodity, crude stocks continue?, Know from Anil Singhvi.

Dynamic duty makes oil more expensive or cheaper?

Dynamic duty makes oil more expensive or cheaper?

Tue, Sep 24, 2024

Considerations on Dynamic Duty on Edible Oil, Will Dynamic Duty make oil more expensive or cheaper? What is Dynamic Duty Structure? Understand the formula of duty from IVPA President Sudhakar Desai

Windfall tax on crude petroleum slashed to zero

Windfall tax on crude petroleum slashed to zero

Wed, Sep 18, 2024

The last such revision took place effective August 31 when the windfall tax on crude petroleum was set at Rs 1,850 per tonne.

Govt hikes customs duty on crude, refined sunflower, soybean oil

Govt hikes customs duty on crude, refined sunflower, soybean oil

Sat, Sep 14, 2024

The effective duty on these crude oils and refined oils will increase from 5.5 per cent to 27.5 per cent and from 13.75 per cent to 35.75 per cent, respectively.

Commodity Capsule: Gold prices remained steady on Monday

Commodity Capsule: Gold prices remained steady on Monday

Mon, Sep 09, 2024

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

Crude Oil: What is the opinion of brokerages on crude?

Crude Oil: What is the opinion of brokerages on crude?

Mon, Sep 02, 2024

Heavy fall in crude on Friday. Why is crude oil becoming weak? What is the opinion of brokerages on crude? Know complete details in this video.

OMC stocks in focus as crude oil falls below $77 per bbl; HPCL hits new all-time high

OMC stocks in focus as crude oil falls below $77 per bbl; HPCL hits new all-time high

Mon, Sep 02, 2024

BPCL, HPCL and IOC already in momentum on technical charts are seen to benefit as crude oil prices fall considerably.

Windfall tax on crude petroleum reduced to Rs 1,850/tonne

Windfall tax on crude petroleum reduced to Rs 1,850/tonne

Sat, Aug 31, 2024

The tax is levied in the form of Special Additional Excise Duty (SAED).

Crude Oil: Top Brokerage Insights You Must Know!

Crude Oil: Top Brokerage Insights You Must Know!

Wed, Aug 28, 2024

Brokerages' opinion on Crude Oil - What will be the trend of crude oil going forward? How much will the price of crude fall? Crude Oil boom or recession ahead? Know complete details in this video....

Crude Oil Crisis: What is the opinion of brokerages on Crude?

Crude Oil Crisis: What is the opinion of brokerages on Crude?

Tue, Aug 20, 2024

Crude Oil Crisis: Why softening of crude oil, why is crude oil continuously slipping? What is the opinion of brokerages on Crude? Why is there pressure on crude oil? Know complete details in this video.

Rupee turns flat at 83.94 against US dollar in early trade

Rupee turns flat at 83.94 against US dollar in early trade

Fri, Aug 16, 2024

The Indian rupee remained steady at 83.94 against the US dollar in early trade on Friday, despite concerns over high crude oil prices and foreign capital outflows. Positive sentiment in equity markets and a weaker US dollar provided some support.

Where did the boiling of crude oil come from?

Where did the boiling of crude oil come from?

Tue, Aug 13, 2024

Crude oil at 2 week high. Where did the boiling of crude oil come from? Outlook of brokerages on crude oil. Know complete details.

Global Market: Good signals from global markets, Dow Rises 50 Points Amid Global Signals

Global Market: Good signals from global markets, Dow Rises 50 Points Amid Global Signals

Mon, Aug 12, 2024

Good signals from global markets, Japan markets closed today, slight rise in US on Friday, Dow rose 50 points amidst trading in the range of 400 points, Nasdaq and S&P 500 gained 0.5%, VIX fell 15%, 10 year Bond yield near 3.9%.

Market Outlook: Is the Market at the Bottom?

Market Outlook: Is the Market at the Bottom?

Fri, Aug 09, 2024

Market Outlook: Has a bottom been formed in the market, is Nifty preparing for 25,500?, Which stocks are there to buy in this bullish trend?, Which Adani stocks will rise strongly?, What has happened in Jio Financial Services? Is there a move?, will there be further decline in Crude?, is there going to be a strong rise in Gold? Watch Anil Singhvi's special conversation with Sushil Kedia, Founder & CEO of kedianomics.

Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Fri, Aug 02, 2024

Oil prices set for 4th weekly fall as demand concerns weigh

Oil rises on risk of broadening Middle East conflict

Oil rises on risk of broadening Middle East conflict

Thu, Aug 01, 2024

Oil prices rose on Thursday, extending gains from the previous session, after killing of Hamas leader in Iran raised threat of wider Middle East conflict and concern over its impact on oil. Brent crude futures rose past $81 a barrel, while US West Texas Intermediate crude futures gained to $78.50 a barrel.

Commodity Capsule: Gold Prices Rise as Investors Await US Economic Data

Commodity Capsule: Gold Prices Rise as Investors Await US Economic Data

Wed, Jul 24, 2024

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

Global Update: Strong signals from global markets, action in IT stocks causes rebound in US market

Global Update: Strong signals from global markets, action in IT stocks causes rebound in US market

Tue, Jul 23, 2024

Strong signals from global markets. Rebound in US market due to action in IT stocks. The Dow jumped 125 points. Big jump of 1.5% in Nasdaq. Best day for the S&P 500 in a month and a half. Small cap stocks also rebound, Russell 2000 up 1.7%. Strong action in big IT, semiconductor stocks. Big rise of 5% in NVIDIA. Up to 2% jump in Alphabet, Meta. Today's results from Tesla, Alphabet, General Motors and Coca-Cola.

Commodity Capsule: Gold Prices Rise Amid Softer Dollar

Commodity Capsule: Gold Prices Rise Amid Softer Dollar

Mon, Jul 22, 2024

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

Commodity Capsule: Oil Regained Ground on Monday

Commodity Capsule: Oil Regained Ground on Monday

Mon, Jul 15, 2024

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

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