India might weather the West Asia conflict's economic storm if it ends soon, according to Swaminathan Aiyar. While a swift resolution is ex...

Less than a week after the US announced a 25% tariff on imports from India "plus a penalty", Trump on Monday again raised the issue of Indi...

Union Petroleum and Natural Gas Minister Hardeep S Puri anticipates reduced energy prices due to increased global oil production, including...

The 2nd car. The small car for the city. The wife's car. The college kid’s car. The urban machine - affordable, efficient, compact, cheerfu...

According to officials, the Sri Lankan government has extended for an additional 20 years the petroleum products licence that Lanka IOC, th...

This Thursday, look for the most affordable gas stations available in the US. Check out the list below to find out your nearest cheapest ga...

Following the landfall of Hurricane Ian, concerns have been raised whether the cost of essential commodities, and rising gas and oil prices...

"Government of India (GoI) is closely monitoring global energy markets situation in the backdrop of evolving geopolitical events," Minister...

The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in a reply to th...

According to an analysis by ICRA, diesel PV's share is expected to decline to 15-18 per cent in 2021-22 from 29 per cent in 2019-20, the ra...

The case for zero subsidies and high taxation is that petroleum fuels are mostly imported and emit toxic pollutants and greenhouses gases. ...

India's plan could be similar to a move by Australia, which last month said it would build up an emergency oil stockpile initially by buyin...

The economic toll of the crippling nationwide lockdown has become too glaring to ignore, with auto maker Maruti selling zero units in all o...

Higher purchases of diesel by China and the seasonal surge in heating oil demand is making matters worse for the government.

At Rs 69.90 average price Indian prices are now comparable to price of petrol in EU. Romania has EU's cheapest petrol at Rs 72.33 per litre.

Petrol prices in India are costlier than the US but cheaper than European countries, says R P N Singh said today.

Crude oil futures fell after data showed a rise in US fuel stockpiles and OPEC appeared set to maintain its production targets.