#Saudi govt is taking advantage of #Yemeni missile/drone attacks today to drive oil prices higher. More Yemeni strikes = higher oil prices = greater revenue.
"Centre and states are loathing to bring crude oil products under GST as sales tax/VAT on petroleum products is a major source of tax revenue for them. Thus, there is lack of political will to bring crude under the ambit of GST," economists at SBI said.
$LKOH #LUKOIL Oil company LUKoil Q4 21 Earnings Preview - Final DPS for 2020e expected to rebound to RUB 181: -Revenue and EBITDA are forecasted to decline qoq on lower throughput and higher expenses -Net income is expected to increase… #equity #stocks
In a Senate ENR hearing I highlighted the value of resource based jobs. I also emphasized that the recent EOs from the Biden admin regarding oil & gas on federal lands have caused extreme anxiety for Alaskans who fear for their jobs & the state’s ability to generate revenue.
. is applying maximum pressure on Iran. New sanctions on Iranian metal deny the regime critical revenue from leading exports. The maximum pressure campaign against the Iranian regime has now gone well beyond the re-imposition of oil sanctions.
Today, announced that the U.S. will grant ZERO EXCEPTIONS to all importers of Iranian oil, in order to deny the regime the revenue it needs to fund terrorism and violent wars abroad.
The Iranian regime—the world’s top sponsor of terror—gets most of its revenue from oil. Today, the Trump Administration is adding pressure to bring those oil exports to zero.
Under the President's leadership we have taken unprecedented steps to impose maximum pressure on Iran. We are going to ZERO waivers for oil exports from the corrupt Iranian regime, denying it the largest source of its revenue.
.: Because of the sanctions we are announcing today, will hav #Iran zero oil revenue to spend on terrorism, missile proliferation, regional proxies, or a nuclear program.
Arab oil revenue has declined so steeply that oil price may have to be raised.Using Leontief matrices of our economy I infer danger for us