China's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...

Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...

Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...

Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...

China's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...

India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...

BP is reorganising its business into two core units, upstream and downstream. Gordon Birrell will lead the upstream operations, while Richa...

India possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...

Petrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the p...

India's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...

India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...

India's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...

Asian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...

India's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...

Indian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...

The conflict has disrupted crude supplies from some of India's biggest suppliers, compelling refiners to process unfamiliar crude grades, s...

New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...