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NEWS
India's crude oil consumption up 4.6% in FY24, output rises marginally at 0.6%, imports steady: PPAC
Wed, Apr 24, 2024     Source : Mint
India's total consumption of crude oil or petroleum products rose 4.6 pent in fiscal 2023-24 (FY24) to 233.3 million metric tonne (MMT), while domestic production of crude oil rose marginally at 0.6 per ce...
NEWS
Fuelling tensions: West Asian conflict reveals India's oil vulnerability
Mon, Apr 15, 2024     Source : Business Standard
Iran attacked Israel after an airstrike by Jerusalem on April 1 on an Iranian embassy compound in Damascus killed an Iranian general and six officers
NEWS
Inflation data, Q4 results, crude oil prices, global cues among key market triggers this week
Mon, Apr 08, 2024     Source : Mint
After a positive start to the new financial year 2024-25 (FY25), the second week of April 2024 brings in several key corporate and macroeconomic data releases,
NEWS
Centre hikes windfall tax on crude petroleum oil to Rs.6,800/tonne
Thu, Apr 04, 2024     Source : Mint
The Central government on April 3 announced an increase in the windfall tax on crude petroleum production to Rs.6,800 per tonne from ?4,900 per tonne, effective from April 4.
NEWS
Crude oil processing volumes remain steady in Feb at 20.9 MMT: PPAC
Thu, Mar 21, 2024     Source : Business Standard
Crude imports fell 6.5 percent in February to 18.01 Million Metric Tonnes. says data released by Petroleum Planning and Analysis Cell
NEWS
Morgan Stanley expects Brent to climb to $90/bbl by summer 2024
Tue, Mar 19, 2024     Source : Economic Times
Morgan Stanley raised its Brent oil price forecasts by $10 per barrel to $90 for the third-quarter of 2024, citing tighter supply and demand balances on OPEC+ commitment and Russia's oil production curtail...
NEWS
US Fed Policy, FPI inflows, crude oil prices, global cues among key market triggers this week
Mon, Mar 18, 2024     Source : Mint
After a difficult weak of bloodbath on D-Street, investors will shift their focus to global cues and central banks around the world in the coming week for anticipated rate cut timelines.
NEWS
Foreign investment dwindles as India struggles to boost oil production
Mon, Mar 18, 2024     Source : Business Standard
India's high demand for oil and low domestic output are increasing the dependence on imports. The 'supportive' upstream policy, if backed by lower taxes, could turn things around
NEWS
Edible oil imports falls by 23% at 3.64 MT of 2023-24 oil year
Tue, Feb 13, 2024     Source : Financial Express
Global prices may rise this year: SEA
NEWS
Markets reverse trend! Nifty off lows, closes above 21,900 on February 06 led by oil & gas and IT
Wed, Feb 07, 2024     Source : Financial Express
The losers on Tuesday include Power Grid Corp, Britannia, IndusInd Bank, ITC, and Kotak Mahindra.
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