TAG: global oil prices

Oil reverses gains as investors turn cautious ahead of OPEC+ meeting; Brent at $81/bbl

Oil prices declined on Tuesday, November 21, reversing steep gains made in the past two sessions, a...

8 months ago

Govt cuts windfall tax on crude oil by 36%, to ₹4,100 per tonne

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday cut the windfall tax on crude oil production by about 36% to ₹4,100 a tonne amid softening global oil prices. Since 19 April, when the price was last revised, the windfall tax levied as...

6 months ago