News

India’s Russian oil imports touch 11-month high in June amid concerns over US Bill for high tariffs on Russia’s trading partners In a recent press conference in Washington, Foreign Minister S ...
In a dramatic high-seas operation, the Indian Navy on June 29 successfully led a critical firefighting and rescue mission aboard the Palau-flagged oil tanker MT Yi Cheng 6 in the North Arabian Sea, ...
In an exchange filing made earlier in April, Indian Oil’s board of directors declared a final dividend of 30 percent for the year 2024-25, which translates to Rs 3 per equity share of Rs 10 face value ...
Indian oil marketing companies remain vulnerable to oil price volatility, but the risk of Strait of Hormuz closure has decreased. OMCs' earnings may decline if retail prices are cut.
A fall in crude oil prices is generally negative for upstream oil companies like ONGC and Oil India, while on the flip side, it is positive for downstream refining companies like HPCL, BPCL and Indian ...
Iranian parliament recommends Strait of Hormuz closure: What may be in store for energy markets, India’s oil imports So far, Iranian oil export infrastructure doesn’t appear to have been majorly hit ...
Large volume of Indian crude oil does not come through Strait of Hormuz: Oil Minister Out of the 5.5 million barrels of crude oil that India consumes daily, about 1.5-2 million come through the ...
India's June oil imports show a significant shift, with Russian oil surpassing combined Middle Eastern supplies due to discounted prices and geopolitical tensions. Amidst escalating conflict and ...