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

India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...

Ukraine's domestically produced Flamingo missiles have successfully targeted a Russian plant manufacturing artillery and missile launch sys...

India has launched an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia. JSW Steel and Jindal Steel al...

Indian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...

Middlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...

Benchmark Brent fell to around $72 a barrel Thursday, down from an average of $99 in first week of June and $109 during the three months ti...

China's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...

State-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...

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

India’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...

An Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...

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...

Oil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LP...

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...

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...