Private fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...

Iran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...

OMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while dome...

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...

European shares rose on Wednesday as falling oil prices boosted sentiment, while investors awaited eurozone PMI data for clues on economic ...

Indigenous chief Wagner Karipuna gazes worriedly at the tranquil river flowing past his village in the Brazilian Amazon as he imagines the ...

US President Donald Trump is scheduled to meet with Venezuela's interim President Delcy Rodriguez during the UN General Assembly. The meeti...

Aramco is planning to reorganise its business by creating a dedicated gas division, with a view to potentially listing parts of the unit in...

India's soyoil imports are projected to reach a record high in the upcoming marketing year. Higher soyoil purchases will offset declining s...

European shares rose as technology stocks led gains and falling oil prices eased inflation concerns. The STOXX 600 advanced 0.56%, while in...

Middle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...

The Enforcement Directorate arrested a ghee company promoter on money laundering charges. Adulterated ghee used for Tirupati Laddu prasadam...

The rebound in state oil company Saudi Aramco's exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, simila...

Oil breached $100 a barrel this month with Brent crude at around $107 as US-Iran clashes stoked supply fears. Retail fuel marketing margins...

OIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...

Oil India plans to invest approximately fifteen thousand crore rupees in deepwater exploration over three years. The company intends to dri...

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