Indian Oil plans to buy its own oil, LPG ships as freight costs surge 4 times

Strait of Hormuz disruptions push IOC to acquire crude oil, LPG carriers With shipping costs rising…

‘E20 petrol by PSU firms meets prescribed quality standards’: Oil ministry rejects Karnataka charge

Oil ministry’s findings contradict Karnataka’s claims of higher-than-permitted ethanol levels in petrol samples NEW DELHI: The…

‘E20 turned into 420’: Rahul Gandhi alleges petrol samples from Karnataka exceed 20% ethanol limit | India News

Rahul Gandhi alleged that the companies’ own laboratories had failed to report the ethanol content in…

Karnataka’s ‘30% ethanol’ claim stirs row as OMCs junk ‘test’

NEW DELHI: Public sector oil marketing companies (OMCs) on Friday hit back at Congress-led Karnataka govt’s…

Indian Oil ramps up spot crude purchases as Middle East disruptions hit supplies

Supply disruptions in the Middle East have prompted Indian Oil Corporation (IOC) to overhaul its crude…

Crude Oil Prices: Falling crude prices to boost OMC profits: JP Morgan report

How crude price crash could turn the tide for India’s state-owned oil giants Profitability at state-run…

Fuel price hike and OMC profits: Are India’s oil firms really making windfall gains?

In recent days, petrol and diesel prices have gone up by around Rs 7.5 per litre,…

Indian Oil director calls it ‘very small rise’; says refineries operating at over 100% capacity

Commenting on the fuel price revision, Arvind Kumar of IOCL said that the hike was relatively…

‘Oil cos losing Rs 1,000 crore a day’: Hike in prices imminent, hints Petroleum minister Hardeep Singh Puri | India News

NEW DELHI: Petroleum minister Hardeep Singh Puri on Tuesday said public sector oil marketing companies may…

Middle East Tensions: Middle East tensions: Government says fuel supply, prices stable despite global oil market turmoil

Govt says fuel supply, prices stable despite global oil market turmoil The Centre on Friday said…