Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...

The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....

The Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...

Amidst escalating tensions in the Strait of Hormuz, President Trump announced a potential meeting with Iran in Doha, though Iranian officia...

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...

During national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...

Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...

India's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...

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

India has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...

Traffic through the Strait of Hormuz is showing a marked improvement following a US-Iran agreement, with an average of 22 commodity ships d...

US President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...

Oil tanker traffic through the Strait of Hormuz saw an uptick on Monday, with four vessels carrying nearly 2 million barrels of crude navig...

Despite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...

India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...

A new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...