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

The government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...

India's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...

Global oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...

Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...

Moody's Ratings increased India's economic growth forecast for fiscal year 2027 to seven percent. The agency cited the nation's resilience ...

Rising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel v...

Moody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...

OIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...

India is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...

Chinese scientists have developed a new molecular refining method. This technique may significantly reduce energy consumption in oil proces...

In a recent decision, Russia's central bank opted to hold the benchmark interest rate at fourteen percent. Economic challenges have intensi...

India is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...

Following the Reserve Bank of India's recent cash withdrawal operation, Indian government bonds are poised for potential gains. However, th...

India now supplies sixty percent of diesel transiting Bab-el-Mandeb to Europe. Russian diesel exports remain severely constrained due to on...

Japan’s 30-year high bond yields, hawkish US Federal Reserve policies, and rising crude oil prices are straining global liquidity. These fa...

India’s GDP grew 7.8% in Q1 FY27, beating RBI’s 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions an...