The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....

Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...

India 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...

Sri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...

The Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...

India successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...

During national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...

Maritime traffic through the Strait of Hormuz is normalizing, with most India-bound energy shipments successfully navigating the chokepoint...

Any moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...

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

The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...

India has restored non-domestic packed LPG supplies to their pre-crisis levels. This welcome development follows a significant improvement ...

Baghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further dest...

US President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...

The rupee has experienced a brief rebound fueled by optimism surrounding the potential reopening of the Hormuz Strait and a decrease in oil...

As tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...

Despite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...