Tag: crude oil
What is windfall tax on oil companies?
Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?
Oil Down, Investors Await OPEC+ Meeting
Oil was down on Thursday morning in Asia, falling by around $3 a barrel in early Asian trading. Investors cashed in on a recent...
Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions
Oil prices dropped more than 2% following a report that Saudi Arabia is prepared to raise crude production if Russia’s output significantly falls following...