The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
24 Aug, 2026, 07.29 AM IST
California beach closed after 58-foot fishing boat carrying 1,000 gallons of diesel runs aground at Point Reyes National Seashore - What we know so farA fishing vessel ran aground at Point Reyes National Seashore early Friday. Approximately one thousand gallons of diesel fuel were aboard t...
23 Aug, 2026, 08.44 AM IST
Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
20 Aug, 2026, 07.34 PM IST
India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
20 Aug, 2026, 06.41 PM IST
The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
20 Aug, 2026, 12.48 PM IST
Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
19 Aug, 2026, 03.58 PM IST
India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
19 Aug, 2026, 03.57 PM IST
Russia to receive almost 270,000 tons of refined fuel from Asia in August, data showsRussia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to...
19 Aug, 2026, 03.22 PM IST
California startup JetZero’s ‘manta ray’ plane could change air travel forever: 250-seat Z4 aims to fly 5,750 miles and use up to 50% less fuelCalifornia startup JetZero is innovating the aviation industry with a new aircraft featuring a blended-wing-body design, aimed at accommoda...
18 Aug, 2026, 04.05 PM IST
Choices aplenty for car buyers; petrol moves to slow lane as CNG, hybrids, EVs chip away at its shareIn major Indian cities, the popularity of petrol cars is waning as consumers turn to CNG, hybrid, and electric vehicles. This is largely in...
16 Aug, 2026, 05.30 AM IST
Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
13 Aug, 2026, 06.42 PM IST
US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
13 Aug, 2026, 10.00 AM IST
In 1893, a German mechanical engineer invented a high-efficiency compression-ignition engine originally intended to run on alternative fuels but his invention turned popular years after his demise due to financial troubles: How did Rudolf Diesel changed the world?In 1893, Rudolf Diesel published his design for a compression-ignition engine that aimed to improve engine efficiency and reduce dependence...
13 Aug, 2026, 02.37 AM IST
Himachal imposes 60 paise/litre widow, orphan cess on petrol, dieselThe Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...
12 Aug, 2026, 09.04 AM IST
Ethanol-blended diesel fails safety tests as flash point drops sharplyEthanol-blended diesel failed safety specifications, which sharply lowered its flash point. This technical issue effectively rules out wide...
10 Aug, 2026, 08.21 PM IST
China eases controls on fuel exports for a second monthChina has increased refined fuel export allowances for August, allowing 2.7 million tons to be shipped. This represents a rise from July's ...
05 Aug, 2026, 10.26 AM IST
Petrol sales rise 8.6%, diesel demand jumps 9.4% in July; LPG, jet fuel consumption declinesPetrol and diesel sales saw significant year-on-year increases in July. This growth was fueled by greater mobility and economic activity ac...
03 Aug, 2026, 12.02 AM IST