India cuts windfall tax on crude oil

Jul 20, 2022

New Delhi [India], July 20 : The central government on Wednesday cut the windfall tax on crude oil to Rs 17,000 per tonne from...

Indian equity markets open in green on lower crude prices, favourable global cues

Jun 22, 2026

Indian equity markets opened in positive territory on Monday, supported by stable global indicators and a notable decline in international crude oil prices.

Sensex falls 670 points, Nifty slips as US-Iran tensions and rising oil prices weigh on markets

Jul 13, 2026

Indian markets started the week with a sharp decline amid fresh geopolitical tensions between US and Iran, consequently contributing to rising crude oil prices.

India could cut fuel import bill by USD 3 billion by switching to Venezuelan crude: SBI Report

Feb 04, 2026

India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing...

Crude oil prices expected to decline to USD 50 per barrel by June 2026: SBI report

Jan 06, 2026

Global crude oil prices are expected to soften significantly in 2026, with Brent crude likely to decline to around USD 50 per barrel by...

Crude oil imports from Russia decline, uptick from US: Economic Survey

Jan 29, 2026

The Economic Survey 2026 has highlighted a notable increase in terms of imports of crude oil from the United States (US) as compared to...