energy prices

New Delhi, March 11 State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said...

New Delhi, March 11 With the conflict in West Asia disrupting energy prices, Iran has blamed the US for the disruptions in the shipping of crude oil and gas through the Strait of Hormuz, attributing the problem to Washington's "destabilizing actions."Iran's foreign ministry stated this in a...

March 10, New Delhi — G7 energy ministers will discuss how to address soaring energy prices caused by the conflict in the Middle East on a call on Tuesday, while a group of European Union leaders will do so later in the day.Oil prices fell on Tuesday after reaching their highest level in more...

On Tuesday, Italy's Ambassador to India, Antonio Bartoli, highlighted the urgent need to end the ongoing conflict in West Asia, stating that both India and Italy are on the same page and are working to hold a dialogue to stop the war as soon as possible.Speaking to IANS, Bartoli said that it...

Islamabad, March 10 – Facing a worsening fuel crisis triggered by rising global oil prices and geopolitical tensions in West Asia, the Pakistani government has announced a series of austerity measures, highlighting the country's deep dependence on imported energy and its fragile economic...

New Delhi, March 9 India could face an additional foreign currency outflow of USD 7-8 billion per month due to the surge in international energy prices, following the conflict in West Asia, raising concerns over inflation and the current account deficit, analysts said.While crude oil prices...

New Delhi, March 9 – Pakistan's ongoing conflict with Afghanistan has put at risk the next installment of IMF funding that Islamabad urgently needs, according to a media report.The IMF team is currently visiting Pakistan for its third review of the country's economy, ahead of the next tranche...

Washington, March 9: Indian refineries processing Russian crude was a "pragmatic decision" taken to stabilize global energy markets and speed up supplies in Asia, US Energy Secretary Chris Wright said.Speaking on Fox News on Sunday (local time), Wright said the policy does not represent any...

Jammu, March 8 The Jammu and Kashmir Congress protested against the increase in LPG prices here on Sunday, saying that this "anti-poor" decision by the government will add to the financial burden on ordinary people.Led by PCC president Tariq Hamid Karra and working president Raman Bhalla, the...

New Delhi, March 7 The Congress on Saturday attacked the government over the rise in prices of domestic LPG cylinders, asking why the people of the country were being made to bear the consequences of Prime Minister Narendra Modi's foreign policy "failures".In a post on X, Congress president...

Nagpur, March 7 Maharashtra Chief Minister Devendra Fadnavis on Saturday said reports suggesting a potential shortage of LPG cylinders in the context of the West Asia conflict are speculative and not in the interest of the country.He appealed to the media to avoid speculative reporting...

Washington, March 7 – The United States lost 92,000 jobs in February, according to data released by the Bureau of Labor Statistics, signaling potential weakness in the US economy.Nonfarm payrolls fell by 92,000 from the previous month, marking the third decline in payrolls over the past five...

New Delhi, March 7 The prices of domestic LPG and commercial cylinders have been hiked by a steep Rs 60 and Rs 114.5, respectively, amid rising energy costs linked to the West Asia conflict.Non-subsidized LPG, which common household users other than Ujjwala beneficiaries use in their kitchens...

New Delhi, March 6 India could face pressure on the rupee, higher inflation, and a widening current account deficit if the escalating Middle East conflict drives up energy prices and disrupts supplies, given its heavy dependence on crude and LNG imports from the region, according to Moody's...

New Delhi, March 3 Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike – a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said...

New Delhi, March 3 Fitch Group company BMI said on Tuesday that the ongoing conflict in the Middle East could discourage investment in India, and offset the positive effects of trade deals with the EU and the US on GDP.Despite the favorable readings of policy uncertainty so far in 2026, BMI...

New Delhi, February 26 Crude oil prices fell by ₹14 to ₹5,975 per barrel in futures trading on Thursday, amid global uncertainties.On the Multi Commodity Exchange, crude oil futures for March delivery declined by ₹14, or 0.23 per cent, to ₹5,975 per barrel in a trading volume of 1,045 lots...

New Delhi, February 23 – While the Pakistani government claims that the country's economy has been revived from the brink and is now stable, the harsh reality is that poverty has reached an 11-year high of 29 percent, and income inequality is at levels not seen in nearly three decades, according...

New Delhi, February 19 Crude oil prices rose by Rs 38 to Rs 5,951 per barrel in futures trading on Thursday, as participants increased their positions in response to strong spot demand.On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 38, or 0.64 per cent, at Rs...