Results for "oil"

7 articles found

A S Sahney, CMD, Indian Oil Corporation Limited with Union Petroleum MinisterBusinessBreaking
Business·

No immediate fuel price cut, hints Indian Oil CMD Sahney

A S Sahney, Chairman and Managing Director of Indian Oil Corporation Limited said the OMCs are currently processing crude purchased earlier at higher prices and have not yet received fresh cargoes procured at the recent lower rates.

Crude Oil Prices fall ahead of US-Iran TalksWorldBreaking
World·

US-Iran Doha Talks: What the June 30 Meeting Means for India's Oil

Global oil markets are watching the US-Iran talks in Doha closely as crude prices move lower amid hopes of easing tensions. The outcome could directly impact India’s fuel costs, inflation, and economy.

Strait of Hormuz remains operational despite security concernsIndiaBreaking
India·

31 Crossings in Strait of Hormuz: What it means for India’s oil and Trade security ?

Traffic through the Strait of Hormuz remained active on Tuesday, with 31 verified vessel crossings recorded as global shipping continued cautiously through the key energy route. Indian-linked shipping movements remained under close watch amid regional uncertainty.

Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri (File Photo PIB)BusinessBreaking
Business·

India importing more Russian oil than ever, says Petroleum Minister

Speaking to NDTV, the Petroleum Minister stated that the country's Russian crude oil imports have increased. He maintained that New Delhi was never asked to completely stop purchasing oil from Russia.

Representative imageWorldBreaking
World·

Omani authorities rescue all 24 Indian crew after fire incident on oil tanker MT Marivex : Indian Embassy in Muscat

According to officials, the fire erupted aboard the oil tanker, prompting an immediate emergency response from Oman's maritime and rescue agencies.

US wants to end waivers allowing countries like India to buy Russian oil, says RubioWorldBreaking
World·

US wants to end waivers allowing countries like India to buy Russian oil, says Rubio

Responding to the US lawmakers, Rubio said that the decision ultimately rests with the US Treasury Department and depends on the circumstances at the time.

US Treasury Secretary Scott Bessent (Photo credit/White House/YT)Business
Business·

Will oil prices cool down soon? US Treasury Secretary shares outlook

Now, US Treasury Secretary Scott Bessent has, to some extent, tried to answer the question around the stability of crude oil prices in the international oil market.