Tag: Petroleum

Warren Buffett says Berkshire not planning to purchase Occidental Petroleum By Reuters

© Reuters. FILE PHOTO: The brand for Occidental Petroleum is displayed on a display on the ground on the New York Inventory Alternate (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid By...

Authorities cuts windfall tax on petroleum crude

Windfall tax minimize on petroleum crude oil: The federal government left the windfall tax on petrol, diesel and aviation turbine gas at zero. The federal government revises tax charges fortnightly primarily based on oil...

Are withdrawals from the Strategic Petroleum Reserve bearish for oil futures? : Commodities

I wonder if the announcement of a withdrawal from the SPR is immediately discounted in the oil futures market or if it makes sense to be short (or less long, depending on other...

Marathon Petroleum Stock: Buyback Heavy, Dividend Light (NYSE:MPC)

However, I think that is more of a reason to be bullish on PSX at the present time than it is to be on MPC. Summary & Conclusion MPC's stock has...

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