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OIL SUPPLY CHAINS
OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...08 Jun, 2026, 01.48 PM IST- India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...08 Jun, 2026, 06.00 AM IST
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...07 Jun, 2026, 01.34 PM IST
- India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...06 Jun, 2026, 08.42 PM IST
- Make in India efforts showing results as import dependence falls in key sectors despite global shocks: Bank of BarodaIndia's manufacturing sector is becoming more self-reliant. Import dependence is falling in electricals, chemicals, and capital goods. This...06 Jun, 2026, 04.43 PM IST
- RBI says 4% inflation target not in abeyance; future rate action tied to price persistenceReserve Bank of India Governor Sanjay Malhotra confirms the 4 percent inflation target remains unchanged. He raised the FY27 inflation fore...05 Jun, 2026, 07.53 PM IST
- RBI MPC key takeaways: Here are the major announcements by Governor Sanjay Malhotra on GDP, inflation and repo rateRBI Monetary Policy Committe 2026 key takeaways: The Reserve Bank of India has maintained its key repo rate at 5.25%. The central bank also...05 Jun, 2026, 07.52 PM IST
- RBI MPC Meeting 2026: West Asia war shock is a concern, but India can ride it out 'with minimum pain', says Sanjay Malhotra2026 RBI MPC Meeting: The Reserve Bank of India acknowledges global economic challenges from the West Asia conflict. Rising energy prices a...05 Jun, 2026, 11.37 AM IST
- RBI worries higher energy costs could fuel inflation, slow growthRBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis points due to higher petrol and d...05 Jun, 2026, 11.35 AM IST
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...05 Jun, 2026, 10.59 AM IST
- RBI Inflation FY2026-27: The inflation battle is back as RBI raises FY27 forecast to 5.1% amid West Asia warRBI Inflation 2026-27 Forecast: The Reserve Bank of India has raised its inflation forecast for fiscal year 2026-27. This revision reflects...05 Jun, 2026, 10.22 AM IST
- RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...05 Jun, 2026, 09.11 AM IST
- At RSS event, Bhagwat calls for strength, Birla for national capabilityRSS chief Mohan Bhagwat emphasized that the world respects strength, not just truth, and seeks alternative development models. Industrialis...04 Jun, 2026, 11.51 PM IST
- Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita GopinathElevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolon...03 Jun, 2026, 08.54 PM IST
- ADNOC trading chief Philippe Khoury flags August as tipping point for oil prices if Iran war supply crisis persistsOil prices may surge significantly in August claimed ADNOC's chief. This could happen if demand increases and the Iran war supply issues co...02 Jun, 2026, 03.53 PM IST
- Fuel duty cuts can power export hikeIndia'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...02 Jun, 2026, 12.15 AM IST
- Narrow the Gulf for Delhi: Conversation on derisking the future from Hormuz is good news for IndiaThe West Asia crisis presents India a chance to regain global influence. Discussions are underway to secure trade routes beyond the Strait ...01 Jun, 2026, 11.44 PM IST
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