India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
08 Jun, 2026, 02.31 PM IST
Oil market calm masks a host of unknownsGlobal oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...
08 Jun, 2026, 11.48 AM IST
Petrol, Diesel prices hiked again on June 8 as crude oil surges? Check latest fuel rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the p...
08 Jun, 2026, 08.16 AM IST
India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank execIndia's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is we...
07 Jun, 2026, 12.28 PM IST
Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
06 Jun, 2026, 08.22 PM IST
Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
04 Jun, 2026, 12.21 AM IST
Petrol, Diesel Price Today (June 3): Check fuel rates in Delhi, Kolkata, Mumbai, Chennai, Gurgaon and other citiesPetrol, Diesel Price Today: Fuel prices across India remained stable on June 3, with no significant changes reported in major metro cities ...
03 Jun, 2026, 09.17 AM IST
War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
03 Jun, 2026, 07.38 AM IST
Indian refiners shift to soyoil in May as palm oil loses price advantageIndia'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...
02 Jun, 2026, 04.18 PM IST
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...
02 Jun, 2026, 03.59 PM IST
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 ...
02 Jun, 2026, 11.27 AM IST
OMCs stare at big losses despite recent price hikesOil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losin...
02 Jun, 2026, 06.12 AM 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
Commercial LPG cylinder rates on June 1: Prices hiked by Rs 42 in DelhiCommercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...
01 Jun, 2026, 06.50 PM IST
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...
01 Jun, 2026, 01.55 PM IST
Government revises windfall tax on fuel exports from June 1New 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 ...
30 May, 2026, 11.42 PM IST
Gas prices today May 27: Check daily average rates in California, Texas, Florida, New York, Washington, Hawaii, Oklahoma and moreUS national average gas prices saw a slight dip to $4.459 per gallon after a sharp rise for Memorial Day, the highest in four years. Signif...
27 May, 2026, 02.14 PM IST