Oil

New Delhi, Apr 20: The prices of precious metals in futures declined today in India, amid profit booking as the US dollar strengthened and oil prices increased over 5 per cent in the international market in view of fresh escalation between…
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New Delhi, Apr 20: One more ship carrying crude oil is headed towards India and is expected to reach Mumbai two days from now. The Indian-flagged crude tanker 'Deshkarima'  safely crossed the Strait of Hormuz on April 18, said Mandeep…
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New Delhi, Apr 18: An Iranian vessel, carrying crude oil, is headed for India, making it the third such shipment from the Persian country in a span of one week, according to a media report. The Iranian supertanker 'Dorna' was last seen…
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New Delhi, Apr 16: The situation regarding LPG and other petroleum products in India is likely to worsen because of the latest two decisions of the United States (US). One decision of the Trump Administration is to let its one-month…
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New Delhi, Apr 10: Sanjay Khanna has taken charge as the Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL), one of India’s largest state-run oil marketing companies. His appointment is effective from April 9,…
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New Delhi, Apr 10: India may suffer a loss of 13 percent of goods exports and 38 percent of remittance inflows due to the West Asia war, according to an analysis. It may be noted that the West Asia region accounts for 40 to 50 per cent…
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New Delhi: Even as the import of petroleum products remained disrupted due to the raging West Asia war, State-run Hindustan Petroleum Corporation Limited (HPCL) today said it continues to ensure uninterrupted supply of fuel and LPG across…
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New Delhi, Apr 2: With the waging West Asia war continuing to cause energy shortages in India, the central government today announced Customs Duty exemption on import of critical petrochemical products till June 30, this year.…
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New Delhi, Mar 23: With the West Asia war disrupting flow of energy critical for India’s economy, Prime Minister Narendra Modi today said his government is working with a comprehensive short-term, medium-term, and long-term strategy to meet…
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New Delhi, Mar 7: The energy crisis is likely to worsen globally, including in India, as Kuwait has joined Saudi Arabia and Qatar in cutting production of petroleum products. These three major producers and suppliers of petroleum…
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