Crude pool drying up as Middle East conflict drags on, refiners waryIndian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...
14 Sep, 2026, 05.30 AM IST
Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
13 Sep, 2026, 10.48 AM IST
BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
12 Sep, 2026, 09.01 AM IST
Amid US-Iran war and rising LNG rates, GAIL Gas turns to blended pricing to keep industrial gas affordableGAIL Gas employs blended pricing to keep industrial natural gas affordable. This strategy uses varied gas supplies and contractual flexibil...
12 Sep, 2026, 12.04 AM IST
India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
11 Sep, 2026, 02.30 PM IST
India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
11 Sep, 2026, 05.30 AM IST
Rupee falls 25 paise to 95.33 against US dollar in early tradeThursday's early market saw the Indian rupee slip against the US dollar amid heightened crude oil prices and a consistent demand for the do...
10 Sep, 2026, 10.14 AM IST
India looks to boost biofuel use amid rising crude supply risksIndia seeks to boost biofuel use for energy security. Crude supply disruptions and rising oil prices drive this strategic shift. The nation...
10 Sep, 2026, 09.24 AM IST
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
09 Sep, 2026, 05.43 PM IST
Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check detailsCanara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on S...
09 Sep, 2026, 02.44 PM IST
India needs energy innovation to reduce 88% oil import dependence: ONGC chiefTo ensure energy self-sufficiency, India must boost its domestic oil and gas output. Arun Kumar Singh, Chairman of ONGC, highlighted the si...
08 Sep, 2026, 09.37 PM IST
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
08 Sep, 2026, 04.29 PM IST
India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
08 Sep, 2026, 06.04 AM IST
Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
07 Sep, 2026, 09.48 PM IST
India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
07 Sep, 2026, 04.05 PM IST
India’s EV push could slash annual oil and battery import bill by $125 billion by 2050: StudyIndia has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings ...
03 Sep, 2026, 09.36 PM IST
India's soyoil imports hit record high in August and palm six-month peak, dealers sayIndian refiners sharply increased edible oil imports in August to build stocks ahead of the festive season. Palm oil imports rose 7% to 780...
02 Sep, 2026, 01.09 PM IST