Since the start of the war in Iran, investors have focused almost exclusively on crude oil benchmarks. Yet the most important shock in energy markets may be happening elsewhere — in refined fuels like ...
Dec 18 (Reuters) - India has cut the windfall tax on diesel and crude oil on Monday, according to a government notification. The government cut the windfall tax on crude oil to 1,300 Indian rupees ...
Diesel prices have fallen for five consecutive weeks due to weak demand and the growing role of renewable diesel. Renewable diesel consumption could cut U.S. petroleum consumption. Refinery operating ...
LONDON, Nov 24 (Reuters) - Oil prices eased on hopes for a U.S.-brokered Ukraine ceasefire, but diesel spreads remain stubbornly high as the war keeps global supplies squeezed with little sign of ...
We often associate diesel with bigger vehicles. Diesel trucks are the workhorses of our roads, and the reason for this is quite clear: a diesel engine can be one of the most reliable and powerful ...
Prices for heavy crude produced in the Americas surged to multi-year highs on Wednesday, as the U.S.-Israeli attacks on Iran stymied exports of similar oil produced in the Middle East. Benchmark crude ...
Santa runs on diesel. Every year, the global holiday economy depends on a short, unforgiving surge in distillate consumption that powers trucks, ports, warehouses, refrigeration, and backup generation ...
Feb 15 (Reuters) - The Indian government is increasing the windfall tax on petroleum crude to 3,300 rupees ($39.76) a metric ton from 3,200 rupees with effect from Feb. 16, according to a notification ...