crude oil

New Delhi, March 22 Prime Minister Narendra Modi reviewed the situation related to crude oil, gas, and other petroleum products, as well as the power and fertilizer sectors, along with senior ministers on Sunday, in light of the evolving situation in West Asia.Government sources said the focus...

March 22, New Delhi: Prime Minister Narendra Modi chaired a high-level meeting to review the situation in the petroleum, crude, gas, power, and fertilizer sectors, in light of the evolving developments in West Asia.The meeting focused on ensuring a continuous supply, maintaining stable...

March 22, New Delhi: The vessel Aqua Titan, carrying Russian crude oil, has arrived at the Mangaluru Port. Originally destined for China, the tanker is the first of seven shipments of Russian crude to arrive in India.(Caption: Aqua Titan with Russian crude docks at Mangaluru)

New Delhi, March 22 – Prime Minister Narendra Modi will chair a high-level meeting on Sunday evening to review the situation in the petroleum products, crude oil, power, and fertilizer sectors, given the evolving situation in West Asia, according to reliable sources.The meeting, which will be...

Mangaluru (Karnataka), March 22 An LPG cargo ship from the US arrived at the New Mangalore Port on Sunday, amid supply constraints due to the ongoing war in the Middle East.The vessel, "Pyxis Pioneer," which departed from the Port of Nederland in Texas on February 14, brought 16,714 metric...

Another ship, the Aqua Titan, carrying crude oil from Russia, has arrived in Mangaluru, Karnataka. The United States has authorized the sale of stranded Russian crude oil to stabilize global fuel prices. Another ship, the Pikesis Pioneer, carrying LPG from the United States, has also arrived at...

New Delhi, March 22 With the Middle East in turmoil and crude oil prices rising, the All India Distillers' Association (AIDA) has offered to supply petrol with ethanol blends exceeding 20%, saying this move could proportionally reduce India's dependence on imported crude oil.In a letter to...

Washington, March 21 – On Friday night, the United States issued a narrow, short-term authorization allowing the sale of Iranian oil that is currently stranded at sea. The Trump administration says this move will quickly boost global supply while maintaining pressure on Tehran, according to the...

Washington, March 21 The United States has announced the temporary lifting of sanctions on the sale of Iranian oil stranded at sea in an effort to cool down soaring global crude prices.US Treasury Secretary Scott Besant said the temporary measure will make available 140 million barrels of...

March 20, New Delhi — The Indian government said on Friday that all refineries in the country are operating at full capacity with adequate crude oil inventories, and sufficient supplies of petrol, diesel, and LPG are being maintained.As part of the government's ongoing effort to keep the media...

New Delhi, March 20 Production growth in eight core infrastructure sectors slowed to a three-month low of 2.3 per cent in February due to a contraction in the output of crude oil, natural gas, and refinery products.According to government data, these eight sectors expanded by 3.4 per cent in...

New Delhi, March 20 Production growth in eight core infrastructure sectors slowed to 2.3 per cent in February, down from 3.4 per cent in the same month last year, according to government data.Production of crude oil, natural gas, and refinery products declined during the month.From April to...

New Delhi, March 20 Crude oil prices declined by Rs 190 to Rs 8,808 per barrel in futures trading on Friday as traders weighed the prospects of additional Iranian supply despite lingering geopolitical tensions in West Asia.On the Multi Commodity Exchange, crude oil for the April delivery ended...

Mumbai, March 20 The rupee plunged by 60 paise to a fresh intra-day low of 93.49 against the US dollar on Friday as the greenback further strengthened and net outflows from Foreign Institutional Investors (FIIs) continued, amid the ongoing conflict in West Asia.Rising global crude oil prices...

Washington, March 19 – The United States is considering a series of emergency energy measures, including releasing more crude oil from its strategic reserves and easing restrictions on Iranian oil, as the White House moves to contain rising prices following fresh disruptions in global supply...

New Delhi, March 19 Crude oil prices rose by Rs 74 to Rs 9,067 per barrel in futures trading on Thursday amid geopolitical tensions in the Middle East and concerns over supply disruptions.Brent crude futures crossed $116 per barrel in overseas trading as fresh attacks on key energy...

March 18, New Delhi — The International Maritime Organization (IMO) is scheduled to hold an extraordinary session in London to address growing concerns over global shipping disruptions amid the West Asia conflict.The meeting comes as tensions around the Strait of Hormuz intensify, raising...

March 18, New Delhi – Sri Lankan President Anura Kumara Dissanayake has announced a series of emergency measures to protect the island's economy and ensure energy security, amid the ongoing conflict that is disrupting global fuel supply chains.Sri Lanka has approved emergency purchases and...

Mumbai, March 18 The rupee plunged by 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, weighed down by a stronger dollar and continued outflows from foreign investors.Rising crude oil prices in global markets, amid escalating conflict in the Middle East, further...

New Delhi, March 18 India has 1.67 million tonnes of crude oil, 3.2 lakh tonnes of LPG, and approximately 2 lakh tonnes of LNG stranded in the Persian Gulf, waiting to transit through the Strait of Hormuz, Rajesh Kumar Sinha, Special Secretary in the Shipping Ministry, said on Wednesday...