IEA stated that global oil demand is expected to increase by 2.5 million bpd by 2030, reaching around 105.5 million bpd.

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

Brent crude has jumped 9% in a week. Analysts fear it could hit $150/barrel if the conflict escalates Israeli strikes on Iran ...

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

Former Foreign Secretary Shashank noted that while India would eventually have to seek alternative routes and sources for ...

A surge in oil prices after Israel’s strikes on Iran sent the Indian rupee tumbling on Friday, prompting the central bank to ...

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It connects the Persian Gulf to the Gulf of Oman, and then to the Arabian Sea.

The surge in crude prices following Iran-Israel battle is raising concerns across India’s industrial landscape as it would ...

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

This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply ...

Explore how India’s edible oil sector is evolving with sustainable practices, reducing import reliance, and boosting farmer ...