By Barani Krishnan Investing.com — Oil had its best week in five on Friday after outsized U.S. draws in everything, from crude to gasoline and diesel, helped bulls... Oil up First Time in 3 ...

Union Oil Minister Hardeep Singh Puri on Tuesday flagged his concerns over price differences between BJP and Opposition-ruled states, a day after excise duty on petrol and diesel were raised by Rs 2 ...

A coalition of oil and biofuel groups will meet with the U.S. Environmental Protection Agency on Tuesday to make the case for higher federal mandates for biomass diesel blending, according to three ...

State-run OMCs are expected to mop up nearly Rs 9,000 crore in FY26. (Reuters) “Crude oil prices have softened, and current inventory averages are around $75 per barrel. With crude expected to ...

New Delhi: The government on Monday increased excise duty on petrol and diesel by ₹2 per litre, using the opportunity provided by falling international oil prices to shore up its revenue.

Let's explore this situation further. Petrol and diesel are produced from crude oil, which India largely imports from abroad. Currently, Indian petroleum companies have enough crude oil reserves ...

On Monday, the Nova Scotia Energy Board invoked the interrupter clause, making the changes due to "significant shifts" in the market price of gasoline and diesel oil. At midnight Tuesday ...

Since the introduction of GST, almost the entire Union excise duty is collected through crude oil and petroleum products, the collections can be attributed to crude, petrol, diesel as well as ...

Chambriard’s comments came in response to energy minister Alexandre Silveira’s suggestion that the state energy major cuts diesel prices amid depressed crude oil and the stable U.S. dollar.

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 has increased excise duty on petrol and diesel by Rs 2 per litre to boost revenues despite falling global crude prices. This move aims to offset the financial impact of recent tax cuts ...