Geopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...

Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a ...

India's core industrial output saw a significant slowdown in May 2026, registering a mere 0.5% growth compared to the previous year, a dip ...

Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...

Despite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormu...

As tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...

State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...

The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...

India plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...

Oil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...

China's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...

PetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinoc...

Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...

India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...

Energy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...

Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...