As oil prices slipped below $65 a barrel (bbl), pressure has started to build on the government for a cut in retail prices of ...

The United States imposed sanctions on Iran's oil trading networks on Thursday, including on a China-based crude oil storage ...

Union Oil Minister Hardeep Singh Puri suggests Indian OMCs have room to cut petrol and diesel prices if global crude prices ...

Oil marketing companies may see improved margins as global crude oil prices soften to the $60–$65 per barrel range, compared ...

A fall in Crude oil prices is positive for Oil Marketing Companies (OMCs) like HPCL, who experience a boost in their ...

Crude oil prices have softened recently, dipping from over USD 70 per barrel to around USD 63 per barrel. This drop in prices ...

The Indian government has announced a significant fiscal adjustment to stabilise the oil sector, including a Rs 50 increase ...

Despite this increase, retail fuel prices remain unchanged, thanks to state-run oil marketing companies (OMCs) ...

India on Monday raised excise duty on petrol and diesel without passing on higher costs to consumers, oil minister Hardeep ...

The Canadian Fuels Association, citing 2023 data from Kalibrate Canada Inc., says crude oil represents about 42 per cent of the pump price, with taxes, refining, distribution and marketing making ...

The Finance Ministry has increased the excise duty on petrol and diesel by Rs 2 each. According to the latest notification ...

Oil marketing companies are expected to report a muted Q4 for FY25 due to weaker gross refining margins, with crude costs likely rising 4-5% in INR and frozen retail prices for diesel, petrol, and LPG ...