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REFINED FUEL CUT
India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...
China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
Nayara Energy completes scheduled Vadinar refinery turnaroundNayara Energy has finished its scheduled maintenance at the Vadinar refinery. This critical work involved thousands of personnel and heavy ...
India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
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...
India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...