Search For "crude oil"
India moving towards gas-based economy from import dependent crude based e
Updated : 1 year, 4 months ago IST
Union Minister Hardeep Singh Puri on Monday highlighted that India is moving towards a gas based economy from the crude based economy for its energy requirements.
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Global energy outlook will shift once Trump returns to White house: Report
Updated : 1 year, 4 months ago IST
Trump's win in the US presidential election may shift the global energy outlook in response to anticipated policies says a report by Angel One Wealth.
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Oil prices to remain stable amid various crude supply options: Union Minis
Updated : 1 year, 4 months ago IST
Oil prices in India are expected to remain stable amid the rising geopolitical tensions as the country have several options to buy crude oil indicated Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri in a social media post.
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No shortage of crude but difficult to predict prices because of geo-politi
Updated : 1 year, 4 months ago IST
Hardeep Singh Puri, Minister for Petroleum and Natural Gas on Tuesday said that no one can predict fuel prices because of the uncertainty that has prevailed in different parts of the world.
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OMCs' operating profit to drop by 30% in FY25 amid diesel spread softening
Updated : 1 year, 4 months ago IST
Oil marketing companies (OMCs) will see operating profit drop to USD 12-14 per barrel in fiscal 2025 from USD 20 per barrel last fiscal, said report.
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Punjab: Crude oil leak causes fire on railway track near Bathinda, mishap
Updated : 1 year, 5 months ago IST
Firefighters responded promptly on Friday and managed to bring the fire under control and avert a mishap. No casualities were reported, police said.
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Festivals, agriculture, elections set to boost India's oil demand: S&P
Updated : 1 year, 5 months ago IST
Demand for oil products in India through the October-December quarter is expected to get a boost from festivals, agricultural activities, recovering from a few months of subdued consumption because of excessive rains, according to S&P Global Commodity Insights.
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"No shortage of oil in world and prices should hopefully come down", says
Updated : 1 year, 5 months ago IST
Hardeep Singh Puri, Minister for Petroleum and Natural Gas on Tuesday said that there is no shortage of oil in the world and prices will come soon, answering the question of the recent upswing in crude oil prices.
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Amid volatility, outlook for Indian markets remains positive in long run:
Updated : 1 year, 5 months ago IST
This has been driven by factors like geopolitical tensions, fluctuating crude oil prices, and adjustments by Foreign Institutional Investors (FIIs) due to China's recent economic stimulus.
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India's crude imports will not be impacted by Israel-Iran conflict: Expert
Updated : 1 year, 5 months ago IST
The ongoing conflict between Israel and Iran is not expected to have a significant impact on India's crude oil imports, as experts pointed out that India's crude imports from Iran are almost negligible.
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US: Biden "in discussion" on possible strikes on Iran oil facilities
Updated : 1 year, 5 months ago IST
Oil prices added to earlier gains after President Joe Biden suggested that US and Israeli officials were discussing a possible strike by Israel against Iranian oil facilities, the Washington Post reported
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India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Cri
Updated : 1 year, 5 months ago IST
India's oil marketing companies (OMCs) are expected to increase the country's crude oil refining capacity by 35-40 million tonnes (MT) by the end of fiscal 2030, the Crisil Ratings said.
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