TotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...

India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...

India is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...

India's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...

Industry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...

India's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...

The ongoing crisis in West Asia has struck a harsh chord for Indian small enterprises, leaving them vulnerable to significant setbacks. Ant...

India's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...

India will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per li...

New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...

Oil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...

Pakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...

India's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...

Finance Minister Nirmala Sitharaman has indicated the government is ready to listen to stock market investors. Concerns regarding Long-Term...

Petrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient ...

Nations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...

Fuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude o...