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Could've been worse, says Saudi minister as PM cites high oil price
Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other...
Exploring alternative to Iranian oil supply for 'friend' India: US
Though India, one of the biggest importers of Iranian oil, has already reduced its import, it has indicated that it...
High fuel prices: OMCs may also be hit next quarter
In the next quarter, the country will also start gearing up for various Assembly elections could put the government...
India's oil import bill to jump by $26 bn on rupee woes
India, which imports over 80 per cent of its oil needs, spent $87.7 billion on importing 220.43 million tonne (MT) of...
How India, Iran plan to bypass US oil sanctions
'Indian and Iranian sources both confirmed to me that India and Iran are moving ahead to implement a payment system...
EXPLAINED! How runaway fuel prices affect Indian economy
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
Mukesh Ambani plans his next disruption; this time as a buyer
With RIL supplying about 47 per cent of the domestic petcoke production, current dynamics are bound to change.
Will Modi risk US sanctions and buy oil from Iran?
'All but one of the previous oil shocks brought either a change of government or a political crisis.' 'Is the...
Reliance permanently shuts down its only oil field in KG-D6 block
Post-cessation, activities related to the safe shutdown of the field are underway.
Why petroleum dealers are angry with the Modi govt
The dealers are protesting against the use of petrol pumps for government campaigns and seeking of personal data of...
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