Global crude oil demand continues to decelerate: IEA

Sep 15, 2022

New Delhi [India], September 15 : Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing...

India cuts all windfall tax on crude oil

Apr 04, 2023

The central government has withdrawn all windfall tax on crude oil with immediate effect, according to a government notification.

Crude oil production totals 2,493 TMT in April

May 21, 2021

New Delhi [India], May 21 : Crude oil production during April totalled 2,493 thousand metric tonnes (TMT), up 1.16 per cent higher than the...

India's crude imports will not be impacted by Israel-Iran conflict: Experts

Oct 04, 2024

The ongoing conflict between Israel and Iran is not expected to have a significant impact on India's crude oil imports, as experts pointed out...

Constrained milk, wheat supplies amid volatile crude market raise inflation concern in India

Apr 25, 2023

Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from...

Decreased oil exports, because of lower crude prices increasing India's trade deficit: CRISIL

Sep 20, 2024

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in the country's overall exports in August,...