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Crude Oil News

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Fuel Prices Today, July 7: Check Petrol, Diesel Rates Across Delhi, Mumbai, Kolkata and Other Cities

Union Petroleum and Natural Gas Minister Hardeep Singh Puri said that oil marketing companies still have expensive crude oil purchased earlier. ...
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Petrol and Diesel Prices Remain Unchanged Despite Sharp Fall in Crude Oil

Oil companies say they are still using stocks of crude purchased at high prices, so there is little chance of immediate relief for consumers....
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Tensions Rise as Iran Threatens 'Forceful Response' to Ships in Strait of Hormuz

Iran has warned oil tankers to follow its designated routes through the Strait of Hormuz or face military action, escalating tensions with the US amid ongoing peace talks....
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Crude Oil Drops 28% in 40 Days, When Will Petrol and Diesel Become Cheaper in India?

On Friday morning, Brent and WTI crude were seen trading almost stably, whereas till the market closed on Thursday, they had registered a slight rise....
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Centre Defends E20 Program in Supreme Court Amid Legal Dispute Over Ethanol Allocation, Results Expected Next Year

The Central government informed the Supreme Court that India's 20% ethanol blending program remains an ongoing experiment whose full impact will be assessed next year....
Will Petrol and Diesel Prices Rise in India? How Venezuela’s Earthquake Could Impact Fuel Costs

Will Petrol and Diesel Prices Rise in India? How Venezuela’s Earthquake Could Impact Fuel Costs

Venezuela earthquake raises fresh concerns for India's crude oil supply. Know how shipping delays, port disruptions, and rising logistics costs could ...
Petrol-Diesel Prices Hold Steady, But No Relief for Consumers; Check Today’s Rates

Petrol-Diesel Prices Hold Steady, But No Relief for Consumers; Check Today’s Rates

The rising prices of petrol and diesel remain a matter of concern for the common people. Crude oil prices continue to fluctuate in the international m...

Will Petrol and Diesel Get Cheaper? Crude Oil Prices Crash 5% After US-Iran Talks

While on Monday the prices of crude oil had crossed 82 dollars per barrel, by the end of the trading session there was a big fall in it and the price ...

Hormuz Strait Tensions Trigger Oil Price Surge, Will Fuel Costs Rise Next?

According to experts, there are three main reasons behind the rise in oil prices. First, Iran's decision to close the Strait of Hormuz. Secondly, the ...

Petrol and Diesel Prices May Drop Soon, Government Hints at Relief for Consumers

Union Petroleum and Natural Gas Minister Hardeep Singh Puri has indicated that there may be a decline in the prices of petrol and diesel in the coming...
How Will Ships Pass Through Strait of Hormuz Now? Iran’s New Regulations Explained

How Will Ships Pass Through Strait of Hormuz Now? Iran’s New Regulations Explained

After the agreement between America and Iran, the movement of ships in the Strait of Hormuz, one of the world's most important maritime trade routes, ...

Crude Oil Sees Biggest Weekly Drop in Months, What It Means for Fuel Prices in India

The price of Brent crude in the international market has reached 80.57 dollars per barrel. A week ago its price was above 87 dollars per barrel. ...

Fuel Price Update: Crude Oil Slumps in Global Market, Check Today’s Petrol and Diesel Rates

After the agreement between America and Iran, the movement of ships through the Strait of Hormuz has started normalising, which has brought relief to ...
Oil Supply Resumes Through Strait of Hormuz, But Experts Warn Recovery Will Take Months

Oil Supply Resumes Through the Strait of Hormuz, But Recovery Could Take Months

After the US-Iran peace agreement, the way was cleared for the opening of the Strait of Hormuz. This could have a major impact on oil supply, global t...

Will Donald Trump’s Proposed Deal With Iran Help Avert a Global Oil Supply Crunch?

Oil and fuel reserves are depleting rapidly around the world. Energy experts are now eyeing the possible peace agreement between America and Iran. ...

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