Crude oil slump a boost for oil companies, consumers will have to wait for relief 

Crude oil slump a boost for oil companies, consumers will have to wait for relief 

Despite Indian oil marketing companies now making a profit of ₹11.1 per litre of diesel and ₹8.7 per litre of petrol, consumers hoping for a retail price cut amid persistently high inflation are unlikely to get any relief soon, analysts say. Image for representational purpose only. With global crude oil prices slipping below $75 per barrel […]

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India’s future crude oil supplies will mostly come from Gulf: Oil Minister

India’s future crude oil supplies will mostly come from Gulf: Oil Minister

Saudi Arabia stayed at the No. 3 spot among India’s suppliers Saudi Arabia stayed at the No. 3 spot among India’s suppliers India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri said most of his country’s crude oil supplies in the near future will come from the Gulf countries, including Saudi Arabia and Iraq, […]

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