Tag: crude oil
Petrol, diesel prices today: Check Delhi, Mumbai, Bengaluru rates amid crude surge
Fuel prices have caused a severe burden on households and vehicle owners in India as people face high costs at fuel stations. The average price…
Sensex falls over 300 pts; Nifty hovers below 24,300 as Brent crude climbs
The Indian benchmark indices opened on a bearish note on Tuesday, with Sensex sliding over 300 points and Nifty below the 24,300 level as elevated…
Why it’s tough to go digging for oil in the oceans — and why India is spending ₹84,084 crore trying to
The Union cabinet on Friday approved Samudra Manthan, a ₹84,084 crore scheme to hunt for oil and gas off India’s coast. The plan, over five…
Ind-Ra says West Asia tensions, El Nino to drag FY27 growth to 6.7%
New Delhi: Higher crude oil and food prices amid uncertainty arising from the West Asia conflict, along with the likely impact of an evolving El…
Tanker carrying Iranian crude oil headed for India after a 7-year gap| Business News
A tanker with Iranian crude oil has been flashing India’s west coast as its destination, according to maritime tracking sites, in what could be the…
Government cuts excise duty on fuel, raises export costs amid West Asia crisis| Business News
The Union government has reduced excise duty on domestic petrol and diesel by ₹10 per litre each to protect consumers from rising international oil prices,…
India’s core sector growth slows down to 2.3 per cent in February 2026
Growth of India’s core industries slowed to 2.3 per cent in February driven by crude oil, natural gas and petroleum refinery products, as compared to…
Global oil prices jump over 30% as Middle East conflict escalates
Oil prices surged to $114 a barrel as more major Middle East producers cut production, the Strait of Hormuz remained largely closed, and the United…
View: For India, much more at stake than just oil this time
Past conflicts in the Middle East typically hit India at the gas station. This time, the risks transcend oil, threatening everything from smartphone exports to…
What’s at stake for crude oil markets as Israel, US pile up Iran attacks| Business News
The Iran attacks by the United States and Israel create new risks for a significant chunk of the world’s crude oil supply. The Strait of…