Trust market returns to secure oil: India owns stakes in oilfields from Russia to Abu Dhabi, but getting that crude home is another challengeIndia's overseas oil investments, particularly in Russian oilfields, have not guaranteed preferential access to crude during supply disrupt...
05 Nov, 2026, 11.15 PM IST
Brent crude oil price falls below $100 a barrel on hopes of Iran peace deal following Democrats' midterm victoryCrude oil prices experienced a significant decline, with Brent prices falling below $100 per barrel. The decline was influenced by hopes fo...
05 Nov, 2026, 01.23 AM IST
US to loan about a third of heating oil reserve in bid to tame pricesThe US Energy Department will loan 300,000 barrels of fuel oil from its emergency heating reserve to four companies to ease supply pressure...
04 Nov, 2026, 10.05 PM IST
India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...
04 Nov, 2026, 09.42 AM IST
Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
04 Nov, 2026, 12.17 AM IST
Diwali cheer! Mukesh Ambani gets $8.5 billion richer in a day as RIL shares soarMukesh Ambani experienced a significant increase in wealth following a rally in Reliance Industries shares. The company's stock rose by 11....
02 Nov, 2026, 05.24 PM IST
IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...
01 Nov, 2026, 12.22 PM IST
Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
01 Nov, 2026, 08.58 AM IST
Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pumpMajor oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in...
31 Oct, 2026, 09.18 PM IST
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
31 Oct, 2026, 02.37 PM IST
US oil companies aim to squeeze more out of refineries as war supply crunch weighsUS oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron rep...
31 Oct, 2026, 07.03 AM IST
Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...
30 Oct, 2026, 09.06 PM IST
Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressureIn response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...
30 Oct, 2026, 08.34 PM IST
Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a ...
30 Oct, 2026, 07.50 AM IST
High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
29 Oct, 2026, 12.04 AM IST
Indian petrol demand to peak by 2035, says top refiner Indian OilIndian petrol demand is projected to peak by the year 2035 as electric vehicles become more prevalent. The chairman of Indian Oil Corp high...
28 Oct, 2026, 01.51 PM IST
India seeks bigger share of diesel exports on refining capacity boomIndia’s diesel exports are set to rise from 2027 as state-run refiners expand capacity, strengthening the country’s role as a global fuel s...
27 Oct, 2026, 03.49 PM IST