Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that India's Crude oil demand is ...

Former Foreign Secretary Shashank noted that while India would eventually have to seek alternative routes and sources for ...

IFreight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early ...

JM Financial in a fresh note maintained 'Buy' on ONGC Ltd and Oil India, as it sees them as key beneficiaries of high crude ...

India is “comfortably placed” to meet its fuel supply needs despite the Israel-Iran conflict, said Petroleum Minister Hardeep ...

Concerns remain over potential closing of the Strait of Hormuz; continued escalation could hit crude oil, global trade ...

India's palm oil imports jumped to a six-month high in May, driven by low inventories and the tropical oil's price discount ...

A surge in oil prices after Israel’s strikes on Iran sent the Indian rupee tumbling on Friday, prompting the central bank to ...

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

State-owned ONGC and Oil India carrying out deepwater exploration campaigns in Andaman basin, but no commercial discoveries ...

The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It connects the Persian Gulf to the Gulf of Oman, and then to the Arabian Sea.

This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply ...