The Reserve Bank of India has opened a special facility for three state-run oil marketing companies. This facility is designed to meet thei...

On Thursday, the US sanctioned two Mumbai-based firms and five individuals involved in Iranian petroleum trade. These firms allegedly facil...

The United States has imposed sanctions on Iran's shadow fleet of tankers transporting oil. These sanctions target 17 vessels linked to the...

India’s diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners...

The Reserve Bank of India revised its crude oil price projections for the fiscal year 2026-27. This adjustment has led to increased inflati...

Bharat Petroleum Corp. plans to raise up to $3 billion through international bonds, mainly funding its $2.8 billion contribution to Brazil’...

Iranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...

Sanjay Kumar has been appointed as the next Managing Director and CEO of Petronet LNG Ltd. His term will commence on May 13, 2027, after A ...

Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refi...

Indian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...

Aramco Trading concluded a tender for 10 million barrels of Khafji crude, attracting interest from Asian refiners. South Korea's GS Caltex ...

There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not t...

In a strategic move, Indian state-owned companies are set to import 2.75 million metric tons of liquefied petroleum gas, planning to acquir...

Private fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...

India’s state-owned refiners have raised domestic LPG production to around 44,000 tonnes a day as festive-season demand rises and renewed c...

State-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...

Petrol pump dealers in Punjab have warned of stopping UPI payments above Rs 2,000 if merchant discount rate or digital transaction charges ...