Russia increased seaborne fuel oil and vacuum gasoil exports to India and Turkey in May as falling oil product prices ...

India is preparing to source crude oil from outside the Persian Gulf and cut its own refined-product exports should the ...

India’s top government adviser said rising oil prices are likely to have a limited impact on inflation for now and Asia’s ...

Iran has repeatedly threatened to close the Strait of Hormuz in response to military or economic pressure, especially from ...

Both countries are weighing long-term solutions, including boosting domestic production and securing alternative storage, ...

The Strait of Hormuz which sits between Iran and Oman is a critical route for nearly 20% of the global oil supply ...

IFreight rates for Russian oil shipments from the Baltic ports to India eased further in the period from late May to early ...

State-owned ONGC and Oil India carrying out deepwater exploration campaigns in Andaman basin, but no commercial discoveries ...

Israel-Iran conflict is troublesome for India’s macroeconomic position as the country is a net importer of fuel. But oil ...

ONGC said it has made new oil and gas discoveries in the Mumbai Offshore hydrocarbon basin that are expected to enhance the ...

India may be on the verge of a major oil and gas discovery in the Andaman region, with early offshore exploration pointing to ...

India has ramped up crude oil imports from Russia and the United States in June, outpacing volumes from traditional suppliers ...