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Global oil prices fall as Donald Trump’s wide-ranging tariffs threaten demand

West Texas Intermediate declined as much as 3.3% to $69.38 a barrel, tracking a slump in wider markets.(Representational Image/Unsplash)

Updated on Apr 03, 2025 08:35 AM IST

Crude oil prices fall over Chinese inflation dip

Brent Crude traded close to $70 a barrel after touching a new low since 2021 last week, while WTI Crude was below $67.(Representational Image/Unsplash)

Published on Mar 10, 2025 05:43 PM IST

Government scraps windfall tax on petrol, diesel, and ATF exports

Windfall tax is a special tax on domestic crude oil production which aims to capture revenue from the windfall gains of oil producers(Representational Image/Pixabay)

Published on Dec 02, 2024 03:40 PM IST

India reduces import of Russian crude oil over pricing

The development has coincided with reports of more than a dozen Russian tankers being diverted from India since December.(Reuters)

Updated on Jan 12, 2024 05:03 AM IST

Govt cuts windfall profit tax on crude oil, hikes levy on export of diesel, ATF

Representational image.(Reuters)

Published on Nov 01, 2022 11:02 PM IST

Retail prices of petrol, diesel may not be cut due to volatile oil market

As per the usual practice, the windfall profit tax on petroleum that was imposed on July 1, is revised fortnightly. (Ramesh Pathania)

Published on Sep 10, 2022 07:17 AM IST

Relief to refiners: Crude oil import price falls below $100 in Aug 1st week

The three state-run firms that control over 90% domestic fuel trade have suspended their daily pricing policy and frozen pump prices of petrol and diesel since April 7 amid rising inflation. (REUTERS/Richard Carson/File Photo)

Published on Aug 07, 2022 03:49 AM IST

Oil falls below $100 a barrel as Russia-Ukraine de-escalation talks progress

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, US.(REUTERS)

Published on Mar 29, 2022 07:05 PM IST

How the finance minister should respond to India’s economic crisis | Opinion

The task ahead for finance minister, Sitharaman, is difficult. To use an analogy from cricket, the economy’s current position is akin to a team that has lost early wickets while chasing a big target. Now, it has to maintain the required run rate without further losing wickets(PTI)

Updated on Jan 31, 2020 09:44 PM IST

RBI keeps key interest rates unchanged, GDP pegged at 7.4%

The Reserve Bank of India will probably keep interest rates unchanged on Wednesday, with the decision itself likely to be a sideshow to Governor Urjit Patel’s press conference -- his first since an acrimonious debate with the government over the central bank’s autonomy.(Reuters file photo)

Updated on Dec 05, 2018 04:45 PM IST

More steps to stabilise rupee coming, says Arun Jaitley

Arun Jaitley, Minister of Finance and Corporate Affairs during the Hindustan Times Leadership Summit at Taj Palace, in New Delhi, India, on Saturday, October 6, 2018.(HT PHOTO)

Updated on Oct 07, 2018 06:58 AM IST

Cong will form grand alliance of Opposition parties for 2019 polls, says Rahul Gandhi in Mumbai

Congress president Rahul Gandhi in Mumbai on Wednesday.(Satyabrata Tripathy/HT Photo)

Updated on Jun 13, 2018 03:22 PM IST

Fuel prices soar for 10th straight day, govt seeks long-term solution

The price of petrol has increased by Rs 2.54 in the last 10 days, and that of diesel by Rs 2.41.(PTI Photo)

Updated on May 23, 2018 10:45 PM IST

India says has Saudi assurances on supply as oil hits $80 per barrel

OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.(Reuters File Photo)

Updated on May 17, 2018 09:50 PM IST

Rising oil prices and weakening rupee fuelling calls for RBI rate hike

A Bloomberg survey shows the consensus is for the first rate increase in the second quarter of 2019.(REUTERS File Photo)

Published on May 02, 2018 01:09 PM IST

Petrol price hits high at ₹81.54 a litre in Pune, diesel rate highest in last five years

In Pune, petrol was sold at <span class='webrupee'>₹</span>81.54 per litre,and diesel was sold at Rs.67.71, the highest in the last five years.(HT PHOTO)

Updated on Apr 03, 2018 03:36 PM IST

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