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Crude Oil News

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Petrol Diesel Price Today: Oil Market Slides, Here’s What You’ll Pay at the Pump

There was a big fall in crude oil in the international market on Friday. Brent crude fell 3.37% to Rs 87.33 a barrel – its lowest level in almost two months. ...
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Petrol at Rs 115, Diesel Above Rs 104: Have Fuel Prices Increased Today? Check Latest Rates

There was no change in the prices of petrol and diesel on Saturday also. Oil companies have kept fuel prices stable for several consecutive days....
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Neither Saudi Arabia, nor Russia! THIS country has taken the lead in selling crude oil to India

A major shake-up has occurred in the crude oil market. The list of countries supplying the most oil to India has suddenly undergo a major change....
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As World Oil Stocks Fall Fast, How Many Days of Fuel Does India Have?

Tension regarding oil has increased in the world. The International Energy Agency (IEA) has warned that global commercial oil stocks are depleting very fast....
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No More Russian Oil for India? Refineries' Concerns Mount as US waiver on sanctions approach expiry

The waiver granted by the US regarding sanctions on Russian oil is set to expire on May 16. If the US does not extend this waiver beyond this weekend, Indian oil refineries may be compelled to reduce their imports....
Pakistan Faces Economic Pressure as Oil Prices Push Inflation Near 11%

Pakistan Faces Economic Pressure as Oil Prices Push Inflation Near 11%

Since the US-Iran conflict, oil prices have skyrocketed, and Pakistan, which meets 80 percent of its oil needs through imports, is in a tight spot....
Only 5-7 Days of Crude Oil Left: Pakistan Petroleum Minister Warns of Possible Lockdown

Only 5-7 Days of Crude Oil Left: Pakistan Petroleum Minister Warns of Possible Lockdown

The energy crisis in Pakistan seems to be deepening once again. According to official sources, the country's crude oil reserves have declined rapidly ...
US Extends Sanctions Waiver For One-Month Allowing India, Others To Buy Russian Oil

US Extends Sanctions Waiver For One-Month Allowing India, Others To Buy Russian Oil

US President Donald Trump's administration has further extended the temporary waiver on the purchase of Russian oil....
US Hormuz blockade: Will India's crude oil and LPG supply be hit?

US Hormuz blockade: Will India's crude oil and LPG supply be hit?

India imports crude oil and gas from other countries. Of that, LPG is primarily imported from Gulf countries. Since the war began, India has been able...
China’s Bold Move: Chinese Ship Crosses Strait of Hormuz, United States Fails to Block Route

China’s Bold Move: Chinese Ship Crosses Strait of Hormuz, United States Fails to Block Route

Amidst the ongoing ceasefire and tense atmosphere between Iran and America, the Strait of Hormuz has once again become a center of global concern....
Big Relief from Tehran: After 7 Years, Iranian Crude Arrives in India Amid Rising Gulf Tensions

Big Relief from Tehran: After 7 Years, Iranian Crude Arrives in India Amid Rising Gulf Tensions

Amidst the US-Israel-Iran tension, an important development has emerged for India on the energy front. The shipment of Iranian crude oil has finally a...
'Enjoy It Now': Iran Warns of Oil Price Shock Amid Trump Blockade Threat

'Enjoy It Now': Iran Warns of Oil Price Shock Amid Trump Blockade Threat

Iranian Parliament Speaker Mohammad Bagher Ghalibaf on Monday said that the consumers would soon feel the impact, stating, “Enjoy the current pump f...
'Right to Charge Toll in Hormuz Is Ours' : US President Donald Trump Claims Victory Over Iran

'Right to Charge Toll in Hormuz Is Ours' : US President Donald Trump Claims Victory Over Iran

US President Donald Trump has sparked a global debate by making a new claim. He has said that America should have the right to collect toll from ships...
‘Only Nation to Lose a Sailor’: India Speaks Out at 60-Nation Meet on Hormuz

‘Only Nation to Lose a Sailor’: India Speaks Out at 60-Nation Meet on Strait of Hormuz

India has made a strong point in the international meeting regarding the Hormuz. In this discussion hosted by Britain, India said that Indians are als...
Brent crude prices jump above $105 after Trump vows to hit Iran ‘extremely hard’ in speech

Brent Crude Prices Jump Above $105 After Trump Vows To Hit Iran ‘Extremely Hard’ In Speech

After US President Donald Trump's speech, crude oil, which had been falling below $100, suddenly surged to over $105. ...

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