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    Jio-BP Maintains Current Fuel Prices Amid Rising Oil Costs

    New Delhi, April 10 Jio-BP, the fuel joint venture of Reliance Industries Ltd and BP Plc, does not plan to immediately raise fuel prices despite a spike in international oil prices, its chief executive Akshay Wadhwa said on Friday.The country's second-largest private fuel retailer has kept...
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    Oil Trade Shift: Tanker Changes Destination Amid Payment Concerns

    New Delhi, April 3 A tanker sanctioned by the US, carrying Iranian crude oil, has rerouted mid-voyage from its previously indicated destination of India – where it would have marked the first such shipment in nearly seven years – to China.The Aframax tanker Ping Shun, built in 2002 and...
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    Iran-India Oil Trade Resumes Amid Sanctions Easing

    New Delhi, March 31 India's first shipment of Iranian crude oil since 2019 may be heading towards a port in Gujarat, according to ship tracking data.Indian refiners have been looking to purchase a few cargoes of Iranian oil following the recent sanctions waiver by Washington."The...
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    India's Fuel Market Shifts: Nayara Hike Amid State-Owned Firm Stays Frozen

    New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by ₹5 per litre and diesel by ₹3 a litre, passing on a portion of the recent surge in global oil prices following the war in the Middle East, sources said.Indian fuel marketing companies...
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    India's Fuel Prices Adjusted as Global Oil Costs Increase

    New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by Rs 5 per litre and diesel by Rs 3 a litre, passing on part of the recent surge in global oil prices following the war in the Middle East, sources said.Fuel marketing companies in India...
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    Rising Tensions: India Secures Alternative Crude Supplies

    New Delhi, March 8 Indian refiners have begun negotiations to secure additional crude cargoes from the US, Russia, and West Africa to ensure adequate supplies in the event of a prolonged conflict in the Middle East, industry officials and analysts said.Refineries, which convert crude oil into...
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