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July 2, 2026, 07:04 PM - 3 min read
The minister said that if lower international crude prices are sustained for the next two to three months, oil marketing companies would have greater flexibility to consider reducing petrol and diesel prices.
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June 29, 2026, 10:28 AM - 2 min read
The gains were modest, but the direction was critical for import-dependent countries like India, Japan and South Korea, which primarily rely on supplies coming through the Strait of Hormuz.
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June 26, 2026, 09:06 AM - 2 min read
According to the latest market data, crude prices rose nearly 4% on Thursday after the International Maritime Organization stopped its evacuation efforts in the critical waterway.
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June 23, 2026, 10:04 AM - 2 min read
Crude oil prices remained subdued after positive developments emerged from the US-Iran peace negotiations in Switzerland.
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June 18, 2026, 08:57 AM - 2 min read
Brent crude futures were down 89 cents, or 1.12 per cent, at $78.66 a barrel as of 00:05 GMT, while US West Texas Intermediate fell 98 cents, or 1.28 per cent, to $75.81 a barrel.
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June 13, 2026, 09:19 PM - 4 min read
"When we raised petrol and diesel prices, how much did it increase? Fuel prices rose by Rs 7.60 a litre," he said. In addition to Japan, there was the lowest increase in fuel prices in India, he said.
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June 9, 2026, 09:03 AM - 2 min read
Prices had earlier climbed close to $97 per barrel before easing to around $91 at the close of Monday’s trading session.
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June 8, 2026, 05:17 PM - 3 min read
The market chaos intensified after Israel launched early-morning airstrikes across Iran, triggering loud explosions in Tehran, Isfahan, and Tabriz.
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June 8, 2026, 04:43 PM - 3 min read
The NSE Nifty didn't escape the pressure either, closing down 243.70 points or 1.04 per cent at 23,123.
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June 8, 2026, 09:04 AM - 2 min read
The fresh escalations have dashed hopes for an end to the broader regional conflict and raised concerns about the possible disruption to crude shipments through the Strait of Hormuz.
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June 6, 2026, 11:11 AM - 2 min read
Natural gas and heating oil continued to register losses, while gasoline showed a modest gain of 0.25 per cent.
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June 5, 2026, 09:28 AM - 2 min read
West Texas Intermediate (WTI) crude hovered below $93 a barrel during early trade.
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