The rising price of petroleum has caused Indian Oil's stock to drop to a 13-month low. At almost 10%, Indian Oil offers a ...

OMC stocks are facing the brunt of rising crude prices. Shares of Indian Oil shares, which is the largest government-owned ...

Gift Nifty was trading around 23,301 level, a premium of nearly 37 points from the Nifty futures’ previous close, indicating ...

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing of its crude on a delivered basis to ...

Brent rose above $81 a barrel to its highest in more than four months, as wider US sanctions are expected to affect Russian ...

IOCL shares have relatively underperformed HPCL and BPCL recently, but the OMC entails a higher inventory risk. BPCL is ...

The newly imposed US sanctions on Russia are expected to have minimal impact on India's energy supply, with crude prices ...

The US is already India’s fifth-largest source market for crude oil, with American oil accounting for over 4 per cent of ...

Almost every year between 1998 and 2023, China’s oil demand growth has surpassed India’s. It will be India that will drive the increase in the world’s oil consumption in 2024/2025.

The company and other Indian refiners are looking to boost their crude processing and petrochemicals capacity to meet growing demand in the world’s third-largest crude oil importer. Earlier this ...