Russia to carry on voluntary oil export cuts by 300,000 barrels a day until yearend

Nov 06, 2023

Russia will continue additional voluntary oil export cuts by 300,000 barrels a day until 2023 end, reported Russian news agency TASS.

India cuts windfall tax on crude oil

Jul 20, 2022

New Delhi [India], July 20 : The central government on Wednesday cut the windfall tax on crude oil to Rs 17,000 per tonne from...

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The central government has withdrawn all windfall tax on crude oil with immediate effect, according to a government notification.

India calls for ease of crude oil production cuts

Apr 02, 2021

New Delhi [India], April 2 : Calling for the market-determined price of crude oil, the Ministry of External Affairs (MEA) on Friday said India...

Crude oil prices plunge by 541 points despite OPEC+ extending production cuts until 2025

Jun 04, 2024

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, revealed that they would continue to enforce substantial oil production...

OPEC Plus announces oil output cuts of around 1.16 mbpd

Apr 02, 2023

Riyadh, Saudi Arabia's capital and main financial hub said it would cut output by 500,000 barrels per day, or BDP, from May until the...