crude oil

Rs 17,000 Crore: Loss Of IOC, BPCL, HPCL Due To Petrol, Diesel Price Freeze (Moody's Research) India’s fuel companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation and Hindustan Petroleum Corporation (HPCL) collectively…

The government is also ready to release oil from its strategic reserves. The Government is closely monitoring global energy markets and potential energy supply disruptions as a consequence of the ongoing war in Ukraine. Release Oil…

Crude oil directly affects India's retail price inflation as it jacks up the transport fuel prices. The government may once again cut excise duty on petrol and diesel in order to check the probable spike in prices of commodities. …

Reliance could acquire a 1% stake in the $1.9 trillion-valued Aramco. Saudi Aramco is in advanced talks to acquire a stake in Reliance Industries Ltd.’s oil refining and chemicals business. Reliance's O2C business includes the twin…

Raw Petrol/Diesel Becomes Cheaper Than Water: 3 Reasons Why India Won't Get Any Benefits The crude oil prices are tumbling down! But the Petrol and Diesel prices in India have been unchanged from last month amid the lowering of crude…

A combination of factors such as macroeconomic problems in euro zone, high trade deficit, slowing FII and FDI inflows, and renewed RBI policy of not interfering in the forex market, saw Rupee tumbling down to 2-year lows of Rs.48 per US…