India is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...

High global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiner...

Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and incre...

Indian government bonds closed the quarter at their weakest levels in more than two years. Fluctuations in oil prices and rising global yie...

India’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...

As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...

Jio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...

The Indian rupee showed little change after reaching a two-month low in early trading. Crude oil prices significantly impacted the currency...

India is urged to strengthen its domestic oil exploration capabilities to improve energy security as global tensions rise. Oil India Limite...

India’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...

BNP Paribas expects India’s economic outlook to come under greater pressure as higher crude prices, rising inflation and weaker rural and i...

The Indian rupee experienced a slight dip as surging oil prices emerged from stalled diplomacy between the US and Iran. With escalating ten...

The war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...

The Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...

Cooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...

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...