Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...

Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...

Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...

The Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand. The Reserve Bank of India likely ...

China's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...

India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...

BP is reorganising its business into two core units, upstream and downstream. Gordon Birrell will lead the upstream operations, while Richa...

The Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...

India possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...

Cooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...

Global oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...

India's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...

India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...

Reliance Industries' treasury department is exploring strategies to manage its cash reserves amid potential interest rate hikes by the Rese...

Oil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losin...

India's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...

Patanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. Wh...