The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil prices in two weeks.

The tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil prices in two weeks.

The Petroleum Secretary also said that government is mulling removal of windfall tax, stating that India's oil ministry is in talks with the finance...

The Chamber of Petroleum Consumers (COPEC) is predicting a drop in fuel prices during the upcoming pricing window, set to begin on Monday, September...

The Chamber of Petroleum Consumers (COPEC) is predicting a drop in fuel prices during the upcoming pricing window, set to begin on Monday, September...

CALGARY — Canadian drivers are enjoying cheaper gas prices heading into fall, a trend experts say could persist through the remainder of the...

CALGARY — Canadian drivers are enjoying cheaper gas prices heading into fall, a trend experts say could persist through the remainder of the...

State-run fuel companies may soon cut petrol and diesel prices if global oil prices remain low, according to Oil Secretary Pankaj Jain.

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today, September 16, 2024. Star Oil Ghana is...

Some Oil Marketing Companies (OMCs) have started reducing prices of petroleum products at the pumps from today, September 16, 2024. Star Oil Ghana is...