#Crude slips in trade; Brent, Nymex Crude down over 2%

#Crude at $110/bbl - ONGC, Oil India, HPCL, BPCL, IOCL

- $ index rises to a 20-year high of 109.29
- #Crude oil price trades at ~$100
- Gold prices hit session's low at $1695/oz

Govt reviews #windfall gains #tax

Govt cuts #cess on #crude, reduced to Rs13000/tonne from Rs 17750

Export duty on #ATF hiked to Rs2/lt from nil

Export duty on #diesel hiked to Rs7/lt from Rs5/lt

Export duty on #petrol still at nil

Notification comes into effect from Aug 19

#WindfallTax revised with effect from November 2, 2022.

🛢Export duty on #crude petroleum cut from Rs 11,000 per tonne to Rs 9,500/ tonne

🛢Export duty on #ATF hiked from Rs 3.50 per litre to Rs 5/ litre

🛢Export Duty on #diesel hiked from Rs 12/litre to Rs 13 per litre

Equities and #crude oil climb while the #dollar declines amid positive sentiment from #China’s rollback of #Covid isolation measures.

JSW Ispat Special Products Q4 Update: #Crude Steel production up 9% at 0.18 mt Vs 0.17 mt (YoY)

◼️Crude steel #production up 84% at 0.18 mt Vs 0.10 mt (QoQ)

#SaudiArabia cuts #Asia #oil prices following over 9% decline in global #crude prices, writes @ShravaniSinha

India #imports of #crude from Russia in FY22 was 0.2%, today it is as large as 30%. We imported crude from 27 #countries now importing from over 37 countries, says Minister of P&NG and Housing & Urban Affairs, Hardeep Singh Puri

#WindfallTax on #Crude petroleum reduced to #nil from Rs 4,100/tonne

◼️Alert: The changes will be #effective from May 16

Govt reimposes #windfalltax after a gap of 2 months ; SAED on #crude petroleum is raised to Rs 1600/tonne from nil effective July 15

Alert: windfall tax was cut to NIL on May 15, 2023

Govt reimposes #windfalltax after a gap of 2 months ; SAED on #crude petroleum is raised to Rs 1600/tonne from nil effective July 15

Alert: windfall tax was cut to NIL on May 15, 2023

India hikes #windfalltax on #crude oil to Rs 4,250 per tonne from August 1

@Sapna_CNBC

https://t.co/tbXtnkJPdv

Indian refiners buy more #US #crude as #Russia sanctions tighten

#Crude oil prices at a 5-month high, #Brent edges above $90/barrel.

#Shanghai bourse imposes trade limits in #gold, #crude oil futures

#GIFTNifty falls over 350 points on #Iran-#Israel tensions, #crude prices surge

#ONGC rises more than 2% & is top #Nifty gainer after #government cuts #WindfallTax on #Crude to ₹2,100/tonne from ₹4,600/tonne

Sharp surge in #Crude, #Brent back to levels above $78.70/bbl

From Bloomberg | Oil Ministry Has Sought Removal Of #WindfallTax On #Crude

Oil Ministry To Review Scrapping Windfall Tax On Crude