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...

Addressing a press conference during his visit to Sonbhadra as part of the Centre's campaign marking 12 years of the Narendra Modi governme...

Three Indian oil tankers, carrying over 8.6 lakh tonnes of cargo and 94 crew members, successfully navigated the Strait of Hormuz en route ...

The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...

India's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...

India plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...

The Indian rupee strengthened for the fifth consecutive session, closing at 94.33 against the dollar. This gain to a six-week high was supp...

PetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinoc...

India's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...

Union Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...

Falling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic ...

Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...

India may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...

India's Finance Minister Nirmala Sitharaman highlighted significant economic challenges. These include fluctuating foreign exchange and cru...

A "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...