Prolonged US-Iran tensions may push India's crude basket above US

Market experts and economists have cautioned that a prolonged US-Iran standoff could push India's crude oil import...

"Fuel price cut will be legitimate question if...": Puri

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Thursday stated that a reduction in retail petrol...

Fall in global crude prices may not translate into instant fuel p

Any decline in global crude oil prices after easing tensions in the Middle East may not immediately lead to lower...

RBI projects hike in FY27 CPI inflation at 5.1% amid elevated glo

India's headline Consumer Price Index (CPI) inflation is projected at 5.1 per cent for the financial year 2026-27,...

White House calls Iran peace deal "complete fabrication"

The White House has flatly rejected Iranian media reports of a draft peace agreement to reopen the Strait of Hormuz,...

'Oil companies losing Rs 1,000 crore daily amid crude surge'

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday said oil marketing companies are losing...

Parliament passes Finance Bill 2026 

Parliament on Friday passed the Finance Bill, 2026, with the Rajya Sabha giving its nod to the legislation after it...

Union Ministers Puri, Vaishnaw, Scindia hail fuel excise duty cut

Reacting to the government's decision to reduce excise duty on petrol and diesel, Puri said that while many...

Upstream oil companies poised to gain from crude rally

India's upstream oil and gas companies are set to benefit significantly from rising global crude prices, driven by...

MCX Crude oil Prices Could Push Toward ₹12,000 if Conflict Worsen

MCX crude oil futures could move toward ₹11,500-₹12,000 levels in the coming weeks if global crude prices remain...

If India were to stop buying Russian oil global crude prices coul

Russian oil has never been sanctioned and is still not sanctioned by either the United States or the European...

Geopolitical issues' impact will be reflected in June trade data

India's export data for the month of June 2025 will be released later in the day. Amid Iran-Israel hostilities that...