Discover and read the best of Twitter Threads about #brentcrude

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My column in #SundayGuardian today,explains how 41.66% of Petrol price per litre,goes towards State VAT&levies;Only 21.59% goes towards Central taxes;Also, #BrentCrude Oil price is up 233% since April'20,so #FuelPrice rise,a global trend!
Assuming Rs93.49 per litre as #Petrol price in Mumbai,while only Rs20.18 is Central Tax,38.95,is State #VAT&levies,Rs30.82 is Basic price&3.54 is Dealer Margin

@narendramodi govt is working astutely towards #GasBased economy,from #OilBased one

My Oped👇

sundayguardianlive.com/user/sanju-ver…
.@narendramodi 's efforts to shape India into #GasBased economy got a fillip with PM Modi laying foundation of 347km #DobhiDurgapur pipeline today!

Pipeline will bring 3-4 lakh piped natural gas connections to household kitchens&200 CNG stations will be set up along this route💪
Read 3 tweets
#WelspunCorp- Soon out of the Woods

#CMP - 60
#MarketCap - 1,565 cr
#Industry - Pipes & Plates
Biggest #COVID19 casualty

Post Jan2020, the #crudeoil prices collapsed 60-70%. The company has major dependence on global oil & gas players for its order book.
However, we feel Welspun Corp’s strong cash & investment position in the #balancesheet and very low #longtermdebt will help the company withstand the current turmoil and bounce back stronger.
Read 25 tweets

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