Oil prices edged higher on Friday amidst fresh supply anxieties, largely sparked by the U.S.'s warning of a possible indefinite naval block...

The Multi Commodity Exchange of India has launched crude sunflower oil futures contracts. This move aims to provide risk management options...

Hindustan Petroleum Corp has bought 4 million barrels of Middle Eastern crude through a spot tender, according to trade sources. The state-...

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...

Russia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to ...

The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...

Oil India shares jumped over 5% after strong Q1FY27 results prompted Emkay Global to upgrade the stock to ‘Buy’. The brokerage cited attrac...

Brent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...

Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...

Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...

China is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its...

India's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...

Oil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...

The Indian rupee weakened slightly against the dollar on Thursday as importers continued to push for dollar purchases. Although oil prices ...

The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre ...