crude Oil
- Global
Global Crude Oil Demand Continues to Decelerate: IEA
“Persistent demand weakness in China considerably slowed the pace of a summer ramp-up in refining activity. After reaching a post-Covid…
Read More » - InFocus
Cess of Rs. 23,250 Per Tonne Imposed on Crude But Import of Crude Not to be Subject to This Cess
Special additional excise duty/Cesses imposed on exports of petrol and diesel at the rate of Rs 6 per litre on…
Read More » - Global
Global Crude Oil Prices Decline Amid Recession Concerns and Weak Demand
Also, international crude oil prices declined amid recession fears followed by aggressive monetary policy tightening by central banks. West Texas…
Read More » - Americas
US Prez Joe Biden is Preparing to Release of Up To 1 Million Barrels of Oil Per Day
Oil prices dived more than $5 a barrel on Thursday as the United States is considering the release of up…
Read More » - Agriculture
Agri-Cess on Crude Palm Oil Reduced to 5% From 7.5%
Post reduction of the agri-cess, the import tax gap between CPO and Refined Palm Oil has increased to 8.25%. Decision…
Read More » - Global
Opec: Crude Oil Output To Be Increased By 500,000 Barrels A Day In January
In light of the current oil market fundamentals and the outlook for 2021, OPEC+ agreed, beginning in January 2021, to…
Read More » - Global
Global Crude Oil Prices Continue to Decline on Prez Trump’s COVID Report
Consequently, Brent crude slumped below $40 per barrel. Currently, the December contract Brent crude on the Intercontinental Exchange (ICE) is…
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