India's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...

India's merchandise exports show strong growth. Exports rose by 15 percent in April-May 2026-27. This happened despite global economic unce...

Cooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...

OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...

OPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...

The Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...

Rosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...

The US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict import...

India's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...

India is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...

Oil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losin...

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...

Domestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...

Commercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...

With exports soaring, India is charting a promising course for the 2026-27 fiscal year, recording a remarkable double-digit increase in tra...

Bangladesh has increased petrol and kerosene prices for the second time in six weeks. This move is expected to fuel inflation in the nation...

A chemist named Robert Chesebrough discovered petroleum jelly in the 1800s. He saw value in a sticky wax that oil workers discarded. Cheseb...