Oil prices jump, but can't avert fourth-straight weekly loss; OPEC meeting eyed By Investing.com - Nov 17, 2023 Investing.com -- Oil prices staged a rally Friday, but that proved too little too ...

The global engine oil market revenue was around US$ 40.8 billion in 2021 and is estimated to reach US$ 55.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 3.1% during the forecast ...

US oil futures rise despite API inventory showing surprise build in crude stocks By Investing.com - Apr 15, 2025 1 Investing.com -- U.S. crude oil futures traded above post-settlement levels ...

The global two-wheeler lubricants market size reached USD 33,029.7 million in 2020. Worldwide demand for two-wheeler lubricants saw a 3.8% year-on-year growth in 2024, suggesting an expansion of the ...

New Delhi: The government-owned oil marketing companies will absorb the increase in excise duty on petrol and diesel, announced by the Finance Ministry, as their input costs have come down due to ...

The government increased excise duty on petrol and diesel by Rs 2 per litre, capitalizing on lower international oil prices to bolster revenue. While pump prices remain unchanged, LPG prices will rise ...

International crude oil prices have fallen by 41 per cent compared to May 2014, but your plundering government, instead of reducing petrol and diesel prices, has increased the Central Excise Duty ...

New Delhi: The government on Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of ...

The hike is expected to impact oil marketing companies, as they are likely to absorb the cost, as per the notification. This would reduce their marketing margin by Rs 2 per litre. "The OMCs carry ...

The Indian government on Monday, April 7, announced a ₹2 per litre increase in Special Additional Excise Duty (SAED) on both petrol and diesel, effective April 8. With this revision, SAED on petrol ...

with petrol duty reaching Rs 13 per litre and diesel Rs 10. Retail prices are unlikely to change as the hike will likely offset the decrease in international oil prices. New rates are effective ...