Indian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...

The government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October ...

India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...

Baker Hughes (BHI) reported that the US oil and gas rig count decreased by one to 598 for the week ended October 2. It was the first decrea...

Canada Prime Minister Mark Carney has fast-tracked the proposed 1-million-barrel-a-day Pacific Link oil pipeline, aiming to reduce Alberta’...

Vedanta Oil and Gas is increasing investment in Rajasthan to enhance crude output from existing wells. The company aims to invest approxima...

India's Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized the need for enhanced domestic energy production. Rising energy de...

India is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...

Indian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...

Oil prices exhibited notable stability during the early trading hours in Asia as traders closely monitored the US-Iran peace discussions fo...

At present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...

In July, US crude oil production climbed to 13.95 million barrels per day, up from June’s figures. Despite the production surge, the demand...

Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....

Oman is planning to double its oil storage capabilities at Duqm port. This initiative aims to attract energy producers looking for alternat...

West Bengal Chief Minister Suvendu Adhikari has assured Indian Oil Corporation of land for its petrochemical complex. The company requires ...

Oil producer Saudi Aramco has hired Evercore to advise on a restructuring that would create a standalone gas division and open the door to ...

Cooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...