New Delhi, May 25 -- The government has barred households with piped natural gas (PNG) connections from refilling liquefied petroleum gas (LPG) cylinders with immediate effect, as India looks to prese... Read More
New Delhi, May 25 -- Daily losses of India's state-run oil marketing companies on the sale of petrol, diesel and liquefied petroleum gas (LPG) have narrowed to about Rs.600 crore from nearly Rs.1,000 ... Read More
New Delhi, May 25 -- Global oil prices slumped over 4% on Monday, with Brent crude falling below the $100-per-barrel mark amid hopes of a peace deal between Iran and the US. Around 7 am, the July con... Read More
New Delhi, May 22 -- Global oil prices rose around 2% on Friday morning after declining in the previous session, as continuing uncertainty over Iran-US peace negotiations kept crude markets volatile. ... Read More
New Delhi, May 21 -- Global oil prices rose marginally on Thursday morning as traders awaited clarity on a possible peace deal between Iran and the US. Prices edged higher after falling around 6% in ... Read More
New Delhi, May 20 -- Global oil prices traded subdued on Wednesday morning, holding above $110 a barrel, as markets weighed mixed signals from US president Donald Trump on the prospects of the war on ... Read More
New Delhi, May 20 -- India's peak power demand hit a new record of 265.44 gigawatts (GW) on Wednesday afternoon as severe heatwave conditions persisted in northwest and central India. This is the thir... Read More
New Delhi, May 20 -- State-run Oil India Ltd (OIL) plans to raise its exploration and production capital expenditure by over 10% to Rs.10,000 crore this fiscal year, chairman and managing director Ran... Read More
New Delhi, May 20 -- India's efforts to diversify LPG supplies have gained momentum after state-run Bharat Petroleum Corporation Ltd (BPCL) made its first-ever spot purchases from the American market,... Read More
New Delhi, May 19 -- Global crude prices fell around 2% on Tuesday morning after US president Donald Trump announced to defer a planned military strike on Iran. At 8:15 AM, the July contract of Brent... Read More