Crude Oi

Companies

ONGC plans ₹1 trillion investment in deepwater exploration by FY31

ONGC plans to invest ₹1 trillion over five years in deepwater oil and gas exploration, alongside setting up an international energy trading desk by late 2026.

2 min read31 Aug 2026
Markets

ONGC clarifies report on OVL’s Venezuela operations, says framework talks underway

ONGC confirmed OVL's bid for U.S. approval to resume operations in Venezuela, where it has significant assets that could be developed further. While a prior report suggested a license was granted, ONGC noted no material price movement or financial impact yet has been assessed.

1 min read18 Aug 2026
Markets

Reliance, BPCL to Adani Total Gas: Oil & Gas shares fall after crude oil prices jump on fresh escalation in US-Iran war

Chennai Petroleum Corporation shares were the top loser in the index with a fall of 3.2%. It was followed by Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) shares which dropped more than 2.5% each.

2 min read18 May 2026
Economy

RBI steps back on forex intervention as war bites

The Reserve Bank of India's recent pullback in intervention reflects a strategic recalibration rather than a loss of control on the currency

4 min read23 Mar 2026
Global

Even if you’re not driving, you’re probably using oil

It isn’t just cars and airplanes. Oil is a key ingredient in thousands of common products.

2 min read22 Mar 2026
From:
Markets

Top Gainers & Losers on March 02: IndiGo, RVNL, Syrma SGS, LT Foods, Swiggy, OLA among top losers today

On March 2, the Indian stock market fell over 1% amid rising Middle East tensions after US and Israeli attacks on Iran. Iran retaliated, raising fears of war and causing crude oil prices to spike, with Saudi Aramco halting operations at a refinery following a drone strike.

3 min read2 Mar 2026
News

Russia oil imports set to drop by half in December to 1 mn bpd amid fall in fresh orders

India's crude oil imports from Russia are projected to drop sharply by nearly 47% in December.

4 min read28 Nov 2025
Companies

How Chevron got caught in the clash between the US and Venezuela

Chief Executive Mike Wirth has orchestrated a yearslong campaign to keep the Latin American country open for oil production.

5 min read31 Oct 2025
From:
Industry

OPEC sticks to oil demand forecast but flags fiscal concerns, lingering trade uncertainty

The Organization of the Petroleum Exporting Countries pointed to high debt levels in key economies and tariff uncertainty as areas of concern.

2 min read13 Oct 2025
From:
Economy

US strike on Iran raises oil shock, capital flow risks for India’s economy

US strikes on Iran raise risks for India’s current account, inflation and trade, but experts say the impact may stay contained unless the conflict escalates.

10 min read22 Jun 2025