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OIL AND GAS
Oil tanker captains are being offered over $100,000, plus bonuses, to cross HormuzOil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...07 Oct, 2026, 02.18 PM IST- Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...07 Oct, 2026, 09.08 AM IST
- Oil prices rise as storms and air strikes threaten supplyAs a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending st...07 Oct, 2026, 07.22 AM IST
- China digs 8,300 metres beneath Xinjiang desert: What is hidden in the desert below?China is accelerating oil and gas exploration in ultra-deep and offshore reserves to strengthen domestic energy supplies amid global market...06 Oct, 2026, 11.17 AM IST
- Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edgeBrent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 ...06 Oct, 2026, 08.30 AM IST
- Oil ministry plans centralised R&D mechanism to steer projects, funding in oil and gas sectorThe oil ministry aims to establish a centralised mechanism for research and development in the oil and gas sector. This approach will align...06 Oct, 2026, 12.15 AM IST
- India’s BPCL plans $3 billion bond sale to fund Brazil oil betBharat Petroleum Corp. plans to raise up to $3 billion through international bonds, mainly funding its $2.8 billion contribution to Brazil’...05 Oct, 2026, 04.05 PM IST
- Deep-sea gas becomes costlier as government raises price ceilingThe government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October ...04 Oct, 2026, 12.01 PM IST
- GAIL’s Sanjay Kumar named next Petronet LNG CEOSanjay 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 ...03 Oct, 2026, 06.47 PM IST
- Why are US energy firms cutting rigs now? Baker Hughes report explainedBaker Hughes (BHI) reported that the US oil and gas rig count decreased by one to 598 for the week ended October 2. It was the first decrea...02 Oct, 2026, 11.31 PM IST
- Why are oil prices down today? G7 countries' oil reserve release plan to push crude rates lowerOil prices fell today as G7 countries moved towards releasing up to 100 million barrels of diesel and crude reserves over four months. Bren...02 Oct, 2026, 08.54 PM IST
- Vedanta plans $200 million push to lift Rajasthan oil outputVedanta Oil and Gas is increasing investment in Rajasthan to enhance crude output from existing wells. The company aims to invest approxima...02 Oct, 2026, 12.38 AM IST
- No global oil shortage, supply route disruptions driving crude prices, oil minister saysUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...01 Oct, 2026, 02.15 PM IST
- US crude oil output rose in July, while petroleum demand declined, EIA saysIn July, US crude oil production climbed to 13.95 million barrels per day, up from June’s figures. Despite the production surge, the demand...30 Sep, 2026, 11.16 PM IST
- PM Modi and Trump hold first telephonic talks since Russia sanctions law; discuss trade, defencePrime Minister Narendra Modi and US President Donald Trump have agreed to maintain close engagement to advance the India-US Comprehensive G...30 Sep, 2026, 07.44 PM IST
- Indian economy strong but needs to cut dependence on energy imports, PMO official saysIndia's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a signi...29 Sep, 2026, 05.00 PM IST
- The most uncertain sector also pays the most to wait. Watchlist for patient investors: 5 stocks with upside potential of up to 25%There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not t...27 Sep, 2026, 07.28 AM IST
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