Italy plans to impose next year a one-off windfall tax of 50% on the extra income energy firms have booked as a result of the rise in oil and gas prices, according to a draft budget bill Reuters saw on Monday.
Oil Stocks Plunge As Divergence With Oil Prices EndsAustralia Ships First LNG Cargo To EuropeUAE To Cut Oil Supply To Asia By 5% In DecemberChinese Oil Giant Spends $1.9 Billion On 5% Stake Of Huge Brazilian OilfieldOil Prices On Course For A Third Consecutive Weekly LossMore Bad News For Oil Demand As China’s Covid Cases SoarResearchers Aim To Understand A Power Grid PhenomenonA $65-$70 Price Cap On Russian Oil May Be Too High To Hurt MoscowU.S.
Gasoline Prices At Thanksgiving Unchanged From 2021Iran Claims Oil, Petrochem Exports Hit Highest Since 2018Iran’s Fordow Nuclear Plant Now Enriching Uranium At 60% PurityAPI Reports Another Larger-Than-Expected Crude DrawU.S.
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