Mon, Mar 06, 2023
Oil & Gas companies such as Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery & Petrochemicals (MRPL), Chennai Petroleum Corporation and Reliance Industries were in the green on the exchanges during the early morning session on Monday.
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Fri, Dec 02, 2022
The rise in the energy stocks (upstream companies) could mainly be attributed to the government’s move to cut the windfall profit tax on domestically produced crude oil.
Thu, Nov 10, 2022
The US markets fell by 2-2.5% after surging for three consecutive days. Dow Jones slipped 650 points and closed at the day's low. The Nasdaq fell by 2.5% and the S&P 500 index fell by 2%. Apart from META, Barclays, Citigroup also laid off people. Disney's stock lost 13% due to weak results. Today, the data of October inflation will be monitored. The inflation rate for October is estimated to be at 7.9%.
Mon, Oct 03, 2022
The government on Saturday slashed the windfall profit tax on locally produced crude oil and diesel, in line with a fall in international rates.
Thu, Sep 08, 2022
How important is it for India's economy to be self-reliant in energy? Why is it important to find energy alternatives? When will the long boom like Japan happen in India? Know from Anil Singhvi.
Thu, Sep 01, 2022
Shares of Chennai Petro, Adani Total Gas, ONGC, Asian Energy and Reliance were trading more than 1.5 per cent to 4 per cent lower during early trade.
Wed, Aug 24, 2022
Global benchmark Brent crude settled at $100.22 a barrel, up $3.74, or 3.9%. US West Texas Intermediate crude closed $3.38, or 3.7%, higher at $93.74 a barrel.
Fri, Aug 19, 2022
The government raised the windfall profit tax on the export of diesel and brought back a tax on jet fuel exports, however, cut the levy on domestically produced crude oil in line with softening rates,
Tue, Jun 28, 2022
At around 12:06 PM IST, Brent crude quoted at $ 112.77 a per barrel, up 1.45 per cent. US WTI Crude futures were up 1.4 per cent at $111.25.
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