Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session a...

Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen reg...

ADNOC has officially partnered with OpenAI, marking a groundbreaking step for the energy sector as it becomes the first to leverage OpenAI'...

Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent ...

Iran's Islamic Revolutionary Guard Corps reported that two oil tankers exploded in the Strait of Hormuz after striking naval mines. Both ve...

Hinduja Group-owned Gulf Oil Lubricants plans to re-enter Mexico and the US in 2027 as it accelerates overseas expansion and scouts acquisi...

The Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...

US oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron rep...

In response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...

Abu Dhabi National Oil Co. has informed Asian refiners about future crude supply via a new pipeline. The pipeline aims to circumvent the st...

With freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...

Amidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...

Yemen's Iran-aligned Houthis claimed responsibility for an attack on Saudi Arabia's Ras Tanura oil refinery. A fire occurred near the facil...

Egypt's parliament has approved military support for Saudi Arabia as conflicts with the Houthis escalate. This decision follows President A...

Bharat Petroleum Corp Ltd forecasts a decline in Russian crude oil imports for November due to increased freight costs. The company noted t...

Iran has declared full control over the strategic Strait of Hormuz and warned against US military entry. Meanwhile, US officials hinted at ...

India’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments ...