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 ...

Brent crude has jumped 9% in a week. Analysts fear it could hit $150/barrel if the conflict escalates Israeli strikes on Iran ...

Uncover the truth about coconut oil's impact on heart health! Learn from experts about the potential benefits and risks, 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 ...

The most visible impact of rising global crude prices will be at fuel pumps across India. With international rates climbing, domestic oil marketing companies are likely to adjust prices ...

Samiran Chakraborty, Chief Economist-India at Citi suggests that markets are not ignoring the risks, and oil prices may stay ...

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri on Monday reviewed India's petroleum supply situation with ...

The surge in crude prices following Iran-Israel battle is raising concerns across India’s industrial landscape as it would ...

Usually, as per economists, an increase of $10 per barrel on crude oil prices leads to about 0.4%-0.6% increase in inflation.