Electric vehicles are gaining ground fast in key city gas areas and the surge is starting to eat into CNG market share and could weigh on l...

Global refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...

The consumer durable sector anticipates a robust first quarter in fiscal year 2026-2027. Strong summer demand and a favorable base are expe...

India's fuel consumption fell approximately 3.7% in June from the previous month. Liquefied petroleum gas consumption saw a significant yea...

Prime Minister Narendra Modi highlighted India's successful navigation of the West Asia crisis, attributing it to timely and correct decisi...

State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...

Russian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...

India's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...

A Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...

Sri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...

Asia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...

Fuel stations can now freely sell petrol and diesel to all customers. The government has removed restrictions on bulk buyers purchasing fue...

India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...

Indian government bonds saw an early rise on Monday, buoyed by strong foreign investment and stable oil prices, which helped offset geopoli...

Rising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. ...

The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...

State-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...