Venezuela has largest oil reserves… : Energy policy expert

Taneja also noted that recent developments may not have an immediate impact on oil prices and could create...

Despite US sanctions on Russian crude, margins of Indian oil...

The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the...

“That is a good step. We will see what happens..." Trump

United States President Donald Trump on Friday (local time) suggested that India may cease purchasing Russian...

Profit of oil companies will decrease in FY25 as margin drops

The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of...

Moody's affirms stable ratings outlook for IOCL, BPCL, and HPCL

The profitability of the Indian oil marketing companies (OMCs) has increased as retail selling prices of petroleum...