Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refi...

There is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...

India's Oil Secretary Neeraj Mittal announced that private fuel retailers must not ration fuel sales. Despite rising oil prices, there have...

Jio-bp and Nayara Energy have capped diesel purchases at their petrol pumps as industrial and bulk buyers shift to cheaper retail fuel, wid...

Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand a...

State-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...

US electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...

State oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...

Russia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...

Even if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...

Happy Tuesday! We are excited to bring you the 12th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honou...

War-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...

State-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...

Indian Oil Corporation reported losses for the June quarter that were lower than analysts expected. This was largely due to efficiency impr...

Losses on diesel sales have hit a record Rs 14.50 a litre, sending the government scrambling for ways to cover the mounting subsidy bill.

The oil firms have seen losses on diesel sales widen to Rs 15.55 per litre this fortnight from Rs 13.65 a litre they were losing in the fir...

Besides diesel, the oil firms currently lose Rs 17.72 per litre on PDS kerosene sales and Rs 272.19 per 14.2-kg LPG cylinder.