High fuel prices not good for both oil producer, consumer countries: Indian Oil chief

Nov 03, 2021

New Delhi [India], November 3 : Stating that higher fuel prices are not good for both Oil producing and Oil consuming countries, Indian Oil...

Oil prices jump as EU aims for Russian oil ban

May 05, 2022

New York [US], May 5 (ANI/Xinhua): Oil prices rose sharply on Wednesday after the European Union (EU) unveiled a plan to phase out Russian...

Global oil prices would have hit the roof if India had not bought oil from Russia: Union Minister Hardeep Puri

Nov 09, 2024

Union Minister Hardeep Singh Puri emphasized that global oil prices would have increased tremendously if India had not purchased oil from Russia.

Petroleum Minister asks oil companies to reduce petrol-diesel prices

Jan 22, 2023

"Oil marketing companies should cut down prices once international prices are stabilised and they have managed to recover under-recovery," Puri said.

"No shortage of oil in world and prices should hopefully come down", says Hardeep Singh Puri

Oct 22, 2024

Hardeep Singh Puri, Minister for Petroleum and Natural Gas on Tuesday said that there is no shortage of oil in the world and prices...

Rs 2.2 lakh crore revenue foregone due to excise duty cuts on petrol, diesel: Hardeep Puri

Mar 09, 2024

The minister talked about the steps taken by the Modi government to reduce and maintain fuel prices despite fluctuations in global crude oil prices