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REFINERY CRUDE RUNS
JP Morgan lowers Brent crude price forecast for second-half 2026J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a...24 Jun, 2026, 05.47 PM IST- Ambani bets on energy 'supercycle' as Reliance expands renewables, chemicals pushReliance Industries is spearheading India's energy independence with a massive push into renewables, chemicals, and alternative fuels. Chai...19 Jun, 2026, 08.01 PM IST
- Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...19 Jun, 2026, 09.24 AM IST
- Storm Arthur tracker, path: Tropical storm hits Texas, flooding alert in Texas, Louisiana, Mississippi, Alabama, Georgia, Florida, 20,000 barrels of oil could be lost as Atlantic Hurricane Season 2026 beginsStorm Arthur updates: Flooding was likely through Friday over parts of Texas, Louisiana, Mississippi, Alabama, Georgia and the Florida Panh...18 Jun, 2026, 05.34 AM IST
- Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...17 Jun, 2026, 03.45 PM IST
- Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...15 Jun, 2026, 08.41 AM IST
- India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...14 Jun, 2026, 07.30 AM IST
- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...11 Jun, 2026, 10.45 AM 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
- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...08 Jun, 2026, 02.31 PM IST
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...06 Jun, 2026, 08.22 PM IST
- War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...03 Jun, 2026, 07.38 AM IST
- Commercial LPG cylinder rates on June 1: Prices hiked by Rs 42 in DelhiCommercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...01 Jun, 2026, 06.50 PM IST
- US crude, fuel inventories fell last week, EIA saysAmerican oil reserves saw a significant drop last week. Crude oil inventories decreased by 3.3 million barrels. Gasoline stocks also fell b...28 May, 2026, 09.58 PM IST
- ONGC shares fall 4% despite 46% YoY jump in Q4 profit; revenue rises 4%ONGC shares fell as much as 4% on Wednesday despite the state-run explorer reporting a 46% YoY rise in consolidated Q4 net profit to Rs 10,...27 May, 2026, 09.34 AM IST
- ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended qua...26 May, 2026, 10.12 PM IST
- Fuel austerity clouds demand outlook; India's annual product growth forecast cut 40%India's fuel demand growth will slow significantly in late 2026. Government conservation efforts, rising oil prices, and a weaker rupee are...24 May, 2026, 11.18 AM IST
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