Anticipating easing of Western sanctions against it, Iran is acting tough over giving state- owned ONGC the rights to develop the Farzad-B ...

The local unit opened flat at 61.98 versus a previous close of 62.02 after hitting an intra day low of 62.20. Dollar was slightly lower on ...

Oil marketing companies fall 9% as rising oil prices seen derailing government’s plan to deregulate diesel prices.

Notwithstanding US pressure to reduce its oil dependence on Iran, India today said it will continue to remain the biggest buyer of crude oi...