New Delhi, March 17 -- Crude oil prices rose over 2% on Tuesday morning as the ongoing war in West Asia and fears of a prolonged disruption in the Strait of Hormuz pushed up global energy costs. The ... Read More
New Delhi, March 16 -- Amid the escalating war in West Asia and the closure of the Strait of Hormuz, India has offered relief to shipping and cargo owners, allowing stranded vessels to temporarily doc... Read More
New Delhi, March 16 -- Global crude oil prices traded on a mixed note on Monday after the International Energy Agency (IEA) announced plans to release oil from emergency reserves to stabilize markets ... Read More
New Delhi, March 14 -- Two tankers carrying liquefied petroleum gas (LPG) have crossed the Strait of Hormuz and are heading to India, offering some relief as disruptions linked to the war in West Asia... Read More
New Delhi, March 14 -- Thirteen days after the war in West Asia broke, the Indian government on Friday said there are indeed concerns over supply and availability of cooking gas in the country due to ... Read More
New Delhi, March 13 -- Global crude prices were trading marginally lower after the US Treasury Department announced a 30-day waiver allowing all countries to purchase Russian oil currently stranded at... Read More
New Delhi, March 12 -- International crude oil prices surged on Thursday morning despite the International Energy Agency's (IEA) decision to release 400 million barrels of crude stocks. Prices jumped... Read More
New Delhi, March 11 -- A total of 28 India-flagged ships with 778 Indian seafarers are stranded in the Persian Gulf region due to the blockade of the Strait of Hormuz, the government said on Wednesday... Read More
NEW DELHI, March 11 -- Bangladesh has formally asked the Indian government to raise petroleum product exports from state-run Oil India Ltd's Numaligarh Refinery via the India-Bangladesh Friendship Pip... Read More
New Delhi, March 11 -- Crude oil prices traded higher on Wednesday morning after falling around 7% earlier in the session. Prices recovered after reports suggested that the International Energy Agenc... Read More