OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...
04 Jul, 2026, 01.11 AM IST
India, Japan agree on crude oil stockpiling & reserve systemsIndia and Japan are joining forces to bolster energy security, creating joint strategies for crude oil and petroleum product stockpiling to...
03 Jul, 2026, 11.43 PM IST
E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
03 Jul, 2026, 04.46 PM IST
E20 causes ‘minor’ drop in vehicle mileage, Puri says, as India gears up for E100 fuelThe Petroleum Minister acknowledged a minor drop in fuel efficiency with E20 petrol but highlighted improved acceleration and engine perfor...
03 Jul, 2026, 02.30 PM IST
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Ved...
03 Jul, 2026, 10.37 AM IST
Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
03 Jul, 2026, 09.04 AM IST
India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....
02 Jul, 2026, 02.59 PM IST
Petrol, diesel price today: Have state-run OMCs cut fuel prices after Nayara Energy's rate slash? Check latest ratesNayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks...
02 Jul, 2026, 08.10 AM IST
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
30 Jun, 2026, 04.16 PM IST
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
30 Jun, 2026, 03.51 PM IST
Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
30 Jun, 2026, 03.26 PM IST
Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
29 Jun, 2026, 11.43 AM IST
ONGC, bp sign technical services contract to boost production from Western Offshore BasinONGC and bp have inked a deal to boost oil and gas output from the Western Offshore Basin. This partnership leverages bp's global expertise...
25 Jun, 2026, 03.49 PM IST
30 India-bound ships cross Strait of Hormuz since Iran war began, 26 more await transitThirty ships bound for India have successfully navigated the Strait of Hormuz, a crucial route disrupted by recent geopolitical tensions. A...
25 Jun, 2026, 07.32 AM IST
No bids made in Indian Oil tender for ships to carry Gulf cargoes, say sourcesIndian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship ...
23 Jun, 2026, 11.50 AM IST
India's core sector output slows to 0.5% in May as against 1.8% in AprilIndia's core industrial output saw a significant slowdown in May 2026, registering a mere 0.5% growth compared to the previous year, a dip ...
22 Jun, 2026, 05.20 PM IST
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crudeState-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production ...
21 Jun, 2026, 04.47 PM IST