India and US on Friday signed a MoU for collaboration on strategic oil reserves, including India using American storages for storing its oil, as
OPEC will meet with 10 partner countries, including Russia, on Friday to try to thrash out an agreement on oil production cuts, a day after the
The tiny, energy-rich Arab nation of Qatar announced on Monday it would withdraw from OPEC, mixing its aspirations to increase production outside
The Government is taking various measures, including focusing on bio fuels, to ease the cost of crude oil import, Union minister Dharmendra
The rupee collapsed to a lifetime low of 69.10 against the US dollar by plunging 49 paise in early trade on June 28 as rising crude oil prices
The expansion in September is highest since April, when the core sectors' growth stood at 2.6 per cent.
Indian stock markets turned nervous ahead of release of GDP numbers, that were released later in the day. The weakness was further aggravated
The union cabinet has decided to auction 69 ‘small and marginal’ oil fields surrendered by state –run units in order to raise Rs 70,000 crore. In
India is a net importer of oil and gas and imports up to 80 per cent of its requirement from abroad, spending nearly $160 billion every year.
Petrol price was on Thursday cut by 80 paise per litre and diesel by Rs 1.30 a litre on global cues, the second reduction in rates this month.