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
US oil companies see big jump in profitUS oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...
04 Jul, 2026, 12.38 AM IST
ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply dealIndia's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methano...
03 Jul, 2026, 10.19 PM 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
Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...
03 Jul, 2026, 07.52 AM IST
Cheaper oil, RBI support fail to lift rupee amid dollar demandThe Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign b...
03 Jul, 2026, 05.52 AM IST
Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
02 Jul, 2026, 07.39 PM IST
Iran warns oil tankers to follow approved Hormuz routes or face actionIran's joint military command has issued a stern warning to all oil tankers traversing the Strait of Hormuz. Vessels must adhere strictly t...
02 Jul, 2026, 05.16 PM IST
LPG Cylinder Price: Commercial LPG down Rs 183.50 from July 1, first cut in 2026LPG Price Cut: Commercial LPG cylinder prices have seen a significant reduction of Rs 183.50, effective July 1, 2026. This marks the first ...
02 Jul, 2026, 12.17 PM IST
Fed can afford to stay patient as inflation risks ease: Steve EnglanderThe Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Eng...
02 Jul, 2026, 11.47 AM 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
Oil Price Today (July 2): Crude oil at $70, falls for 2nd session as US-Iran talks progress. Worst over?Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $...
02 Jul, 2026, 07.28 AM IST
Vedanta Iron & Steel shares skyrocket 89% in 12 days since listing. What’s fuelling the surge?Vedanta Iron and Steel shares have surged an impressive 89% since their June debut, adding nearly Rs 7,000 crore to its market value. This ...
01 Jul, 2026, 10.05 AM IST
Oil finds its way: Supertankers return to Persian GulfSupertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...
30 Jun, 2026, 12.37 PM IST
Tata Motors, Castrol join hands to advance used oil circularity across the lubricant value chainTata Motors and Castrol India have partnered to launch a pilot program for used oil recycling in Karnataka. This initiative aims to create ...
29 Jun, 2026, 12.18 PM IST
Repeated crises reaffirm role of PSU oil firmsDuring national emergencies such as floods and the recent pandemic, India's state-run oil companies have shown their crucial importance by ...
29 Jun, 2026, 12.47 AM IST
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
28 Jun, 2026, 01.09 PM IST