Brent crude expected at USD 90-95/barrel, raising India's CAD risk: CrisilIndia's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...
18 Jun, 2026, 02.43 PM IST
Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals whyUnion Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...
18 Jun, 2026, 10.54 AM IST
Oil below $80 may cap fuel price hikes, boost India outlookFalling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic ...
18 Jun, 2026, 12.17 AM IST
US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
17 Jun, 2026, 10.16 PM IST
Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shapePresident Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...
17 Jun, 2026, 01.46 PM IST
Lower crude may not mean cheaper fuel immediately: NIPFP economistGlobal crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...
17 Jun, 2026, 12.06 PM IST
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
17 Jun, 2026, 08.46 AM IST
US set to offer Iran $300 billion development fund, broad financial gains in peace dealIran is poised to receive significant financial incentives, including immediate oil sales and access to a $300 billion development fund, as...
17 Jun, 2026, 06.20 AM IST
India may take a leaf from China's book for oil poolIndia may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...
17 Jun, 2026, 05.30 AM IST
SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...
16 Jun, 2026, 10.23 PM IST
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
16 Jun, 2026, 08.09 AM IST
Rupee may gain ground as crude prices ease and FCNR inflows rise, says Navneet DamaniThe Indian rupee is poised for appreciation, driven by a significant drop in crude oil prices and anticipated substantial inflows from NRI ...
15 Jun, 2026, 01.00 PM IST
Crude Oil Price Today (June 15): Oil hits March lows, down 4% as US, Iran agree peace deal. What are experts saying?Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4....
15 Jun, 2026, 09.56 AM IST
Petrol, Diesel prices remain unchanged despite 4% drop in crude oil after Iran-US peace dealDespite a sharp fall in global crude oil prices to below $84 per barrel following Iran-US negotiation reports, fuel prices in India remaine...
15 Jun, 2026, 08.00 AM IST
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
14 Jun, 2026, 07.30 AM IST
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...
12 Jun, 2026, 06.48 PM IST
Blending of E20+ petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...
12 Jun, 2026, 01.05 PM IST