India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
15 Jun, 2026, 03.06 PM IST
Asian Paints, HPCL, MRF other crude-sensitive stocks jump up to 5% on Iran-US peace deal frameworkCrude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and ...
15 Jun, 2026, 09.55 AM IST
Fuel prices to be reviewed based on crude oil supply, says Union Minister Suresh GopiUnion Minister of State for Petroleum and Natural Gas Suresh Gopi said the government will review fuel prices based on the availability of ...
14 Jun, 2026, 09.57 AM IST
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rallyOn Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the m...
13 Jun, 2026, 09.58 AM IST
Seven Naga groups oppose Centre-Assam-Nagaland energy deal before settlement of issuesNaga groups are opposing a new energy exploration deal between the Centre, Assam, and Nagaland. They argue that natural resource ownership ...
12 Jun, 2026, 09.11 PM IST
CIC pulls up PNGRB over RTI reply on safety, inspections of IGL pipeline workThe Central Information Commission has criticized the Petroleum and Natural Gas Regulatory Board. This is for not properly answering a Righ...
12 Jun, 2026, 07.56 PM IST
Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
12 Jun, 2026, 10.12 AM IST
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrelsIndia and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...
11 Jun, 2026, 12.07 AM IST
Nagaland seeks restart of petroleum exploration as Rio discusses plans with Hardeep PuriNagaland Chief Minister Neiphiu Rio met Union Petroleum Minister Hardeep S Puri to discuss restarting petroleum exploration and production ...
10 Jun, 2026, 11.51 PM IST
Women-led development will add 2-3% to GDP: Petroleum Minister Hardeep Singh PuriUnion Petroleum and Natural Gas Minister Hardeep Singh Puri on Wednesday highlighted that shifting from "women-centric" to "women-led" deve...
10 Jun, 2026, 04.54 PM IST
$327.1 billion US exports in April touch record highAmerica's trade deficit shrank in April. This happened as exports of oil products and capital goods reached new highs. This trend could hel...
10 Jun, 2026, 01.01 AM IST
US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
09 Jun, 2026, 06.25 PM IST
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
09 Jun, 2026, 11.48 AM IST
Exports rise 15 per cent during April-May, government official saysIndia's merchandise exports show strong growth. Exports rose by 15 percent in April-May 2026-27. This happened despite global economic unce...
08 Jun, 2026, 07.47 PM IST
Bharat Petroleum to shut crude unit at Mumbai refinery in NovemberBharat Petroleum Corporation will undertake maintenance at its Mumbai refinery in November. A 120,000 barrel per day crude unit and other s...
08 Jun, 2026, 04.47 PM IST
DEE Development Engineers Ltd bags Rs 387 crore contract from Bharat PetroleumEngineering firm DDEL secured a significant Rs 386.83 crore contract from Bharat Petroleum Corporation Ltd. This order is set to be execute...
08 Jun, 2026, 02.58 PM IST
Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
07 Jun, 2026, 10.36 AM IST