Before Market Opens: 9 things to know at 9 am on January 25, 2023
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Crude oil
tax rate: Centre hikes windfall tax on locally produced crude
New Delhi: The Centre on Monday increased the windfall tax on domestically produced crude oil to ₹2,100 per tonne from the existing ₹1,700.The revised tax rate…
Palm Oil Price: India raises base import price of palm oil, gold
India raised the base import prices of gold, crude and refined palm oil, the government said in a statement on Tuesday, as prices rose in the world market.
The…
Study faults CARB system industry says favors foreign oil | News
An oil industry-supported…
Uncertain path for oil markets in coming days
The crude oil market heads into another week of uncertainty, buffeted on one side by the ongoing war between Russia and Ukraine and the expansion of…
Govt examines trade-related aspects amid Russia-Ukraine conflict: S Jaishankar
The government is examining various trade-related aspects, including those related to payments, in the wake of the Russia-Ukraine conflict, External Affairs…
crude oil price: Why are oil prices so high and will they stay that way?
HOUSTON: Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence.
Crude prices rose more than…
Gulf economies to grow faster in 2022, oil price fall biggest threat
The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of economists who…
Crude above $87 stokes inflation, growth worries
Oil prices have risen above $87 per barrel on fears of Mideast tension disrupting supply in a tighter market, triggering inflation and growth worries for the…
Physical crude oil market steams ahead after Omicron blip
London | Bengaluru | Singapore: Frantic oil buying driven by supply outages and signs the Omicron variant won't be as disruptive as feared has pushed some crude…