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Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...- 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...
- RBI MPC: India's Goldilocks moment dims, but the lights are not outIndia's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external sho...
- RBI MPC Meeting 2026: West Asia war shock is a concern, but India can ride it out 'with minimum pain', says Sanjay Malhotra2026 RBI MPC Meeting: The Reserve Bank of India acknowledges global economic challenges from the West Asia conflict. Rising energy prices a...
- India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...
- India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: ReportForecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such ...
- EV demand charges ahead but supply runs lowIndia's electric car and two-wheeler demand has nearly doubled. High fuel prices are driving consumers to switch. This surge has created a ...
- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- Bulk buyers shifting to retail pumps behind fuel demand spike in parts of IndiaFuel demand is rising at some Indian petrol pumps. Bulk diesel buyers are switching to retail outlets due to a large price gap. This is cau...
- Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
- Green hydrogen to cut LPG dependence for cooking: PSA Ajay SoodIndia is exploring green hydrogen as a cooking fuel to cut reliance on imported LPG. This initiative aims for energy stability and savings....
- India's cooking fuel shortage is driving up California's gas pricesIndia's cooking gas shortage, driven by the Strait of Hormuz closure, forces refiners to cut alkylate production. This directly impacts Cal...
- Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily lossIndian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and dail...
- PM Modi likely to seek more energy supplies from UAE during short visit, sources sayIndian Prime Minister Narendra Modi will visit the UAE to discuss long-term energy supply deals and expand strategic oil reserves. The visi...
- Petrol, Diesel Price Today: Check fuel rates in Delhi, Mumbai, Kolkata as sugar exports halted, milk gets costlier and gold import duty doubledPetrol, Diesel Price (May 14): Petrol and diesel prices remain stable in India despite rising global crude oil costs and West Asian conflic...
- Fuel price hike may become inevitable amid rising crude stress: MK SuranaIndia's oil marketing companies face escalating under-recoveries due to persistent crude oil supply disruptions and an uncertain global mar...
- ‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving pushUnion Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...
- Thali costs rise in April on higher tomato, vegetable oil, LPG pricesHome-cooked vegetarian and non-vegetarian thali costs rose 2% year-on-year in April, primarily due to increased prices of tomatoes, vegetab...
- Reliance Industries to shut crude unit at 660,000 bpd refinery for maintenance, sources sayReliance Industries will shut a crude unit and secondary units at its 660,000 barrels per day refinery for three to four weeks. This mainte...
- Reliance cuts exports of alkylates, boosts LPG outputReliance Industries is increasing liquefied petroleum gas production. The company is reducing output of alkylates, a gasoline-blending comp...
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