oil

Possible BP bid highlights 'London for sale' scenario

New York's larger investor base and easier access to capital compared with London are reflected in h...

India's oil import bill could swell to USD 101-104 bn in FY25: ICRA

Any escalation in the Iran-Israel conflict and an associated rise in crude oil prices could impart a...

Reliance starts trading US oil setting Brent oil benchmark

India, the world's third-biggest oil importer and consumer, is looking to diversify its oil supplies...

Russian oil still ending up in UK despite sanctions

However, he said it was "trickier" to say if the "molecules" of Russian oil remain the same after th...

Oil eases on worries about US inflation, interest rates

Data showed that Saudi Arabia's crude oil exports rose for a second consecutive month in March, reac...

Oil creeps back up after three days of losses

OPEC+, which groups together OPEC and allies led by Russia, will meet on June 1 to decide on product...

Numaligarh Refinery, Oil India setting up several compressed bio-gas plants in north east

The legacy waste of Tinsukia is also being handled with active support of OILAssam based Numaligarh ...

Oil set for weekly loss as markets worry about demand

The Brent crude July contract rose 74 cents to USD 81.85 a barrel as of 11:53 a.m. ET (1553 GMT). Th...

Oil steadies after weekly decline on U.S. interest rate prospects

An extension to output cuts of 2.2 million barrels per day is the likely outcome, OPEC+ sources have...

Oil dips on concerns about demand, US stockpiles data awaited

Oil markets have been under pressure over expectations the Federal Reserve will keep interest rates ...

Oil steadies as investors weigh OPEC+ output cut extension

"The communication of a surprisingly detailed default plan to unwind extra cuts makes it harder to m...

Oil slips for sixth consecutive day on big builds in US oil, fuel stocks

The U.S. Energy Information Administration will publish official stockpiles data on Wednesday at 143...

Oil climbs on optimistic demand growth estimates for 2024

Elsewhere, Russia pledged to meet its output obligations under the OPEC+ pact after saying it exceed...

India fossil fuel consumption up 8% in 2023

In Europe, fossil fuels fell to below 70% of primary energy for the first time since the industrial ...

Affordable fuel, not free market doctrine, is priority: Oil Minister Hardeep Puri

Hardeep Singh Puri The government's commitment is to make affordable fuel available to consumers rat...

Second oil tanker sinks in Philippines

PCG Lieutenant Commander Michael John Encina, the acting PCG station commander in Bataan province, s...