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"oil"

  • Fuel retailers lost Rs 74,781 Crore selling petrol, diesel below cost: Puri

    Oil marketing companies incurred losses of Rs 74,781 crore by selling petrol, diesel and LPG below cost until June 30, Petroleum Minister Hardeep Singh Puri said. He indicated fuel price cuts could be considered if global crude oil prices remain low
  • US seizes Iranian-linked oil tanker amid rising maritime tensions

    The US seized an oil tanker linked to Iranian crude smuggling in the Indian Ocean, escalating tensions after Iran captured vessels in the Strait of Hormuz. The conflict has disrupted global shipping, pushed oil prices above $100, and increased economic strain worldwide
  • Oil, gas prices surge after Iran strikes Gulf energy facilities

    Global oil and gas prices surged after Iran attacked key Gulf energy facilities, raising fears of prolonged supply disruptions and inflation, while stock markets across the world declined amid heightened geopolitical tensions and uncertainty over economic impact.
  • No crisis on oil front as India has ample reserves, diversified imports: Govt

    India’s diversified oil imports from over 40 countries and strategic reserves covering more than 70 days of demand have strengthened its ability to handle global energy shocks caused by the Iran conflict, a senior government official said.
  • Russia says its energy partnership with India aligns with New Delhi’s national interests

    Russian Ambassador Denis Alipov said Moscow’s energy partnership with India aligns with New Delhi’s national interests, describing Russian crude as the most cost-effective option globally. His remarks came after US President Donald Trump claimed Modi assured him of reduced oil imports
  • India to benefit from falling global oil prices amid geopolitical tensions

    Benchmark Brent crude prices have dropped to $82.28 a barrel, down from nearly $84 last week. US West Texas Intermediate (WTI) futures are at $78.02, showing further price softening. #OilPrices #BrentCrude #WTI
  • Fire breaks out at Tolichowki, none hurt

    The Fire department personnel with the help of five fire engines managed to douse the fire. Panic prevailed in the surrounding areas due to the thick smoke emanating from the spot.
  • Saudi Arabia extends cut in oil it sends to the world in bid to boost prices

    It was announced after rest of the OPEC oil cartel and allied nations like Russia met in an online meeting about global oil production.
  • Sancta Maria School kitchen inspection by GHMC food safety officials reveals safety lapses

    Meanwhile, Mayor Gadwal Vijayalakshmi on Friday, took to social media platform X (formerly Twitter) and informed that strict action will be taken against the school management.
  • India’s imports of Russian oil fall to seven-month low in August

    India's import of cheap Russian oil plunged to lowest in seven months in August as monsoon rains dampened demand
  • Oil prices up in July by 16 per cent; highest since January 2022

    The oil market witnessed a significant surge in prices by 16 per cent in July, the highest since January 2022
  • Oil is well, says this Asifabad youth

    Enagandula Rajanna, a post-graduate in Rural Development from Penchikalpet has become a role model for youngsters for successfully running a traditional cold press oil unit
  • Rising oil prices, inflation to hit India’s smartphone market in 2022

    New Delhi: India’s smartphone market grew just 2 per cent in the first quarter of 2022 owing to supply constraints, not a great start to the year for a market which has seen double-digit percentage growth even during the Covid-19 pandemic, a new report has said. The biggest challenge this year will be maintaining device […]
  • India’s oil purchases from Russia won’t violate US sanctions: US

    Asked during her briefing on Tuesday about reports that India was planning to buy "discounted crude oil' from Russia, she said, "Our message to any country continues to be that obviously abide by the sanctions that we have put in place and recommended."
  • Govt to auction ‘major’ oil, gas fields of ONGC, OIL: Dharmendra Pradhan

    These resources actually belong to the nation and they will be monetised by bidding them out to interested entities, Petroleum Minister Dharmendra Pradhan said.
  • India’s gas output rises 23% as RIL-BP fields start production

    India's crude oil production, however, slipped 2 per cent to 2.49 million tonnes as state-owned ONGC and Oil India Ltd (OIL) produced less.
  • India to buy one-third less oil from Saudi

    IOC and three other refiners have sought just 65 per cent of the monthly average of about 15 million barrels from Saudi Arabia in May, three sources with knowledge of the matter said
  • Clinical studies find mustard oil may be best for your heart: Experts

    Eminent physician and cardiologist and Past President of the Indian Medical Association K.K. Aggarwal is favourably inclined towards cold-pressed mustard oil not only because it is rich in Monounsaturated Fatty Acids
  • BPCL, Air India stake sale by Sept; LIC IPO post Oct: DIPAM Secy

    Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd
  • Telangana: Tribal woman drinks two kgs of sesame oil to prove her purity

    Come Pushya or Poos, a sacred month of Hindu calendar year, ethnic tribes ceremoniously worship their deity Khamdev during the five-day long fair known as Khamdev Jatara
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