India's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...

Washington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....

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 ...

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...

Shipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...

Oil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LP...

Addressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi governme...

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

Hindustan Petroleum Corp Ltd's joint venture refinery in Rajasthan has restarted its crude distillation unit after a fire in April. This re...

India's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...

Indian state fuel companies are facing financial strain. They are borrowing more money as they sell petrol, diesel, and LPG at prices lower...

Union Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...

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

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...

India's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...

India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...

Union Minister of State for Petroleum and Natural Gas Suresh Gopi said the government will review fuel prices based on the availability of ...