Oil India records highest ever profit in 2021-22 due to high fuel, gas prices

May 27, 2022

New Delhi [India], May 27 : Oil India Limited (OIL) has posted a net profit of Rs 3,887.31 crore for the year ended...

Oil price rise in India is way below global price hikes: Hardeep Singh Puri

Oct 08, 2022

Washington [US], October 8 : Union Petroleum and Natural Gas minister Hardeep Singh Puri said that compared to fuel price hikes globally, India only...

OPEC+ extends major oil production cuts until 2025 to stabilise market

Jun 03, 2024

Faced with slow demand growth, high interest rates, and the rise in U.S. oil production, the group aims to support oil prices by managing...

Mahila Congress protests against rising prices of cooking oil

Sep 18, 2021

New Delhi [India], September 18 : Protesting against the rising prices of cooking oil, All India Mahila Congress observed 'National Price Rise Day' on...

Govt takes number of steps to address high oil price challenge

Jul 04, 2022

New Delhi [India], July 4 : The Government of India has taken a number of steps to address the challenges arising out of the...

Oil price rise would hit 2024 global growth, inflation outlook: Fitch

Nov 12, 2023

Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according...