Rupee falls 11 paise on firm dollar, costlier crudeThe Indian rupee weakened by 11 paise against the US dollar, closing at ₹95.28. A firming dollar, driven by rising global crude oil prices ...
11 Aug, 2026, 06.19 AM IST
Ethanol, EVs must coexist in India's clean mobility transition; E20 mileage impact limited: IFGEIFGE said India needs a diversified energy strategy comprising ethanol, electric vehicles, hybrids, CNG and hydrogen, particularly as nearl...
10 Aug, 2026, 08.54 PM IST
India expands LNG sourcing from 6 to 15 countries to cut supply risks: GovtIndia has nearly trebled its liquefied natural gas suppliers to fifteen countries. The nation also broadened its crude oil sourcing network...
10 Aug, 2026, 04.21 PM IST
Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...
10 Aug, 2026, 02.55 PM IST
Rupee falls 8 paise to 95.25 against US dollar in early tradeThe rupee has fallen eight paise to 95.25 versus the US dollar as of Monday, influenced by a strengthening dollar and surging global crude ...
10 Aug, 2026, 10.00 AM IST
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
10 Aug, 2026, 07.46 AM IST
China is balancing Asia's crude oil demand by itselfChina is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its...
10 Aug, 2026, 07.08 AM IST
India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumesIndia's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...
08 Aug, 2026, 01.41 PM IST
Rupee steady as oil firms buy dollarsThe Indian rupee showed minimal movement against the dollar on Friday, closing nearly unchanged. Oil companies actively bought dollars to r...
08 Aug, 2026, 10.12 AM IST
Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
07 Aug, 2026, 07.34 AM IST
India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EYIndia's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of ...
06 Aug, 2026, 09.53 PM IST
Indian rupee slips on importer bids, far forward premiums ease to one-month lowOn Thursday, the Indian rupee ended slightly lower against the dollar, impacted by continuous demand from importers hedging their positions...
06 Aug, 2026, 03.52 PM IST
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
06 Aug, 2026, 08.26 AM IST
RBI MPC Meeting 2026: Crude oil volatility remains key inflation riskRBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: The central bank warns volatile crude oil prices pose inflation risks. Geopolitic...
05 Aug, 2026, 12.46 PM IST
HPCL buys West Africa crude for Rajasthan refinery, sources sayHindustan Petroleum Corp has purchased two million barrels of West African crude oil. This significant purchase is destined for its Rajasth...
04 Aug, 2026, 11.51 AM IST
ONGC to reserve half of new oil storage for strategic reservesIndia's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleu...
03 Aug, 2026, 08.00 PM IST
Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
03 Aug, 2026, 07.52 AM IST