Shares of crude oil sensitive sectors -- oil marketing companies, aviation, paints and adhesives -- ended lower on Tuesday following a spike in Brent crude oil prices amid the ongoing conflict between ...

In light of global oil market volatility, Minister Hardeep Puri assured that India is prepared to meet its fuel needs. He also notd ongoing efforts in the Andaman region and untapped potential of ...

Crude oil prices spiked nearly 2% after US President issued a dramatic warning amid escalating tensions between Israel and ...

As geopolitical tensions in West Asia escalate, particularly with the intensifying Israel-Iran conflict, Union Petroleum and ...

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

Hardeep Puri said India imported 80 per cent of oil and 50 per cent of natural gas, adding that even a 5-billion-barrel ...

The stocks of Indian oil marketing companies (OMC) saw significant increases after Brent crude oil prices fell under the USD 74 per barrel threshold on 16 June. This follows the stocks experiencing ...

The stocks snapped their two-day losing streak, which was earlier triggered by rising geopolitical tensions in the oil-rich ...

India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...

MK Surana, former chairman and managing director, Hindustan Petroleum Corp., predicted that crude may return to $65-range by fourth quarter provided geopolitics remains favourable.

His statement came after a review meeting with the CMDs of the national oil marketing companies - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation.