News

State-owned ONGC and Oil India carrying out deepwater exploration campaigns in Andaman basin, but no commercial discoveries ...
The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It connects the Persian Gulf to the Gulf of Oman, and then to the Arabian Sea.
OMCs such as HPCL and BPCL can see heavy selling pressure amid escalating tensions in the Middle East, as concerns of oil ...
As India is the world’s third-largest oil consuming and importing nation, it will lead global oil demand growth by a large ...
The IEA forecasts a slight dip in global oil demand in 2030, marking the first decline since the 2020 Covid shock, driven by ...
Brent crude has jumped 9% in a week. Analysts fear it could hit $150/barrel if the conflict escalates Israeli strikes on Iran ...
The Israel-Iran conflict has triggered a spike in crude oil prices, which could exceed $100 per barrel in the worst-case ...
Domestic retail prices of edible oil, which saw firm trends during the first half of 2025 due to elevated global prices and ...
IEA forecast India's demand for crude oil, which is converted into fuels like petrol and diesel in refineries, to rise from 5.64 million bpd in 2024 to 6.66 million bpd in 2030.
Former Foreign Secretary Shashank noted that while India would eventually have to seek alternative routes and sources for ...
Hardeep Puri said India imported 80 per cent of oil and 50 per cent of natural gas, adding that even a 5-billion-barrel ...
Samiran Chakraborty, Chief Economist-India at Citi suggests that markets are not ignoring the risks, and oil prices may stay ...