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INDIA CRUDE OIL PRODUCTION
Brent crude oil price falls below $90 a barrel on hopes of Iran dealOil prices fell around 5 percent to below $90 a barrel on Tuesday after US President Donald Trump again said an Iran peace deal could be cl...09 Jun, 2026, 10.04 PM IST- Why crude oil is falling fast today: Oil prices crash below $88 as US-Iran peace deal hopes send Brent crude, WTI oil and energy markets lowerOil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell nea...09 Jun, 2026, 09.23 PM IST
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...09 Jun, 2026, 06.25 PM IST
- Petrol, Diesel Price today: Check fuel rates in Delhi, Mumbai, Lucknow, Bhubaneswar and other citiesToday Petrol, Diesel Price June 9: Fuel prices in India remain at their highest since May 2022, with petrol and diesel seeing cumulative hi...09 Jun, 2026, 08.45 AM IST
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developmentsWhy are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices moved slightly higher as tr...09 Jun, 2026, 08.21 AM IST
- Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...09 Jun, 2026, 01.48 AM IST
- OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...08 Jun, 2026, 01.48 PM IST
- Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...08 Jun, 2026, 12.30 PM IST
- Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...08 Jun, 2026, 10.44 AM IST
- Petrol, Diesel prices hiked again on June 8 as crude oil surges? Check latest fuel rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the p...08 Jun, 2026, 08.16 AM IST
- India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...07 Jun, 2026, 12.28 PM IST
- Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan SharmaFuel prices are climbing globally, impacting Indian households. The West Asia conflict is driving up crude oil costs, making higher fuel pr...06 Jun, 2026, 07.04 PM IST
- RBI worries higher energy costs could fuel inflation, slow growthRBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis points due to higher petrol and d...05 Jun, 2026, 11.35 AM IST
- Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other citiesPetrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crud...04 Jun, 2026, 07.26 AM IST
- Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...03 Jun, 2026, 11.49 AM IST
- Rising crude and aluminium prices: Bharat Subramanian on what it means for India's energy and metals sectorsGeopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil market...03 Jun, 2026, 09.00 AM IST
- Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...02 Jun, 2026, 12.15 AM IST
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