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India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne.

India Raises Windfall Tax On Crude Oil

By Reuters

Nov 27, 2022 10:15 PM

India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne.

Europe Rushes To Fill Up On Russian Diesel Before Ban Begins

By Reuters

Nov 27, 2022 10:14 PM

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.

Oil Rebounds From Early Plunge After Saudis Deny OPEC+ Output Report

By Reuters

Nov 27, 2022 10:12 PM

Oil prices rebounded from early losses after Saudi Arabia denied a report it was discussing an increase in oil supply with OPEC and its allies.

Global Stocks, Oil Prices Slip As Rising COVID Cases Prompt Chinese Lockdowns

By Reuters

Nov 27, 2022 10:10 PM

Global stocks and oil prices slipped as a spike in COVID-19 cases and newly recorded deaths in China prompted authorities to reinstate lockdowns.

Mahindra Launches XUV700 In South Africa; Kick Starts New Expedition In The Continent

By Mihir Barve

Nov 27, 2022 10:08 PM

Mahindra is hosting a 3 stage expedition with the first one - Karoo Expedition - already over, and the second expedition - XUV700: Explore Active Living - set to kick off soon.

First Hero-Harley Co-Developed Bike Likely To Hit Market In Two Years

By Press Trust of India

Nov 27, 2022 09:08 PM

A bike jointly developed by Hero MotoCorp and Harley-Davidson could hit the market in the next two years.

Oil Rises 1% As OPEC+ Focus On Supply Cuts Outweighs Recession Concerns

By Reuters

Nov 27, 2022 06:23 PM

Oil prices rose about 1% after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take further steps to balance the market.

Indian Refiners Becoming Wary Of Buying Russian Oil As EU Sanctions Loom - Report

By Reuters

Nov 27, 2022 06:20 PM

Indian refiners are wary of buying Russia crude oil loading after Dec. 5 when European Union sanctions take effect, pending clarity on the proposed G7 price cap mechanism.