crude oil


Latest from crude oil

First ever crude oil transaction in local currency occurs between India and UAE

UAE is the fourth largest source of crude oil and the second largest source of LNG and LPG for India.

Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan during a meeting at Qasr Al-Watan, in Abu Dhabi, Saturday, July 15.(PTI)
Published on Aug 14, 2023 10:48 PM IST

ONGC's Q1 net profit falls 34% on lower oil prices and output

ONGC's net profit fell by over 34% in Q1 due to lower oil prices and output. Gross revenue also dropped by 20%.

ONGC (File photo)
Published on Aug 12, 2023 02:47 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Saudi Arabia's Aramco Q2 profit drops 40% due to lower oil prices

Saudi Arabia's state-run oil giant Aramco reported a nearly 40% decline in profit in Q2, attributed to lower crude oil prices.

An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.(REUTERS)
Updated on Aug 07, 2023 05:51 PM IST
AP | | Posted by Singh Rahul Sunilkumar

Centre hikes windfall tax on petroleum crude beginning today

The windfall tax on petrol and aviation turbine fuel has been left unchanged.

Earlier this month, the government raised the windfall tax on petroleum crude to 1,600 Indian rupees per tonne from zero.(Getty Images via AFP)
Published on Aug 01, 2023 07:06 AM IST
Reuters | | Posted by Nisha Anand

Petrol, diesel prices on May 26: What are the latest rates in your city?

Across major cities, fuel prices have been largely steady since May 21 last year, when the previous pan-India revision was done.

Petrol is being retailed in the national capital (Delhi) at <span class='webrupee'>₹</span>96.72 per litre while the cost of diesel stood at <span class='webrupee'>₹</span>89.62 per litre. (Reuters)
Published on May 26, 2023 10:06 AM IST
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