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…

145% rise in LPG imports: Gas buys to be doubled from US – how much can it help India cut reliance on Gulf supply?

Increasing purchases from the US would not only diversify India’s LPG import basket and reduce dependence…

US-Iran war impact: Wholesale inflation rises sharply to 9.68% in May; higher fuel, food, power prices weigh

Wholesale inflation accelerated as higher prices of fuel, power, manufactured goods and food items pushed up…

Crude beyond $120: Oil prices touch four-year peak, here’s what analysts are saying

Oil prices soared to a four-year peak on Thursday before retreating, as fears over the intensifying…