Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
05 Aug, 2026, 08.23 AM IST
Food prices largely stable, edible oils see sharp rise: GovernmentRetail prices for pulses and cereals remained stable due to increased food grain production. Vegetable prices saw minimal seasonal variatio...
04 Aug, 2026, 07.12 PM IST
E20 fuel protests: Why India's ethanol-blended petrol policy is under fireIndia's push for E20 petrol faces significant public and political opposition. Motorists express concerns about potential vehicle damage an...
04 Aug, 2026, 05.27 PM IST
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
04 Aug, 2026, 07.52 AM IST
ONGC to reserve half of new oil storage for strategic reservesIndia's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleu...
03 Aug, 2026, 08.00 PM IST
Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slideAccording to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against I...
03 Aug, 2026, 02.06 PM IST
Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
03 Aug, 2026, 07.52 AM IST
Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habitIndia's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...
02 Aug, 2026, 03.08 PM IST
India's coal production surges 7.51% in July 2026 to 69.75 MT, dispatch up 17.34%India's coal production reached 69.75 million tonnes in July 2026, showing strong growth. Coal dispatch also grew significantly to 86.33 mi...
02 Aug, 2026, 02.42 PM IST
Petrol could cost Rs 125/litre without ethanol blending: GovernmentThe Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...
01 Aug, 2026, 06.34 PM IST
ONGC plans 150 deepwater wells under Rs 84,084-crore Samudra Manthan MissionONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initi...
01 Aug, 2026, 01.29 PM IST
A deep dive with Rs 84,084 crore scheme for offshore oil and gas explorationThe Cabinet approved an ₹84,084-crore scheme for offshore oil and gas exploration. This National Offshore Exploration Scheme, Samudra Manth...
01 Aug, 2026, 01.27 AM IST
Union Cabinet approves Samudra Manthan scheme, Rs 84,084 crore push for deepwater oil and gas explorationThe Union Cabinet has approved the Samudra Manthan mission with a financial outlay of Rs 84,084 crore, aimed at boosting deepwater and ultr...
31 Jul, 2026, 07.24 PM IST
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
30 Jul, 2026, 11.11 AM IST
Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
30 Jul, 2026, 07.41 AM IST
India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
29 Jul, 2026, 06.32 PM IST
India to build Phase-II strategic oil reserves at Rs 14,527 cr under PPP modelIndia plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...
23 Jul, 2026, 05.21 PM IST