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Oil & gas segment revenue for the quarter declined by 8.4% to Rs 5,833 crore from the last year mainly on account of lower volumes and price realisation for KGD-6 gas and condensate.
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The surge in silver imports comes at time when gold has slipped and petroleum growth slowed, likely driven by global price spikes and China export curbs
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Recognition of LPG under-recovery compensation from November 2025, along with lower per-cylinder LPG under-recoveries on-quarter, should provide support to blended marketing margins, as per Motilal Oswal.
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Russian crude continues to find its way into India through an expanding network of intermediaries, traders, and logistical workarounds. The Middle East, Latin America and US continue to act as diversification buffers.
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Despite the dramatic U.S. military capture of Nicolás Maduro, Venezuela's marginal oil production—under 1% of global supply—ensures stable near-term flows, yet escalating geopolitical risks could inject lasting uncertainty into energy and financial markets.
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China's factory output growth slowed to a 15-month low, official data showed. Retail sales also grew at their slowest pace since December 2022, during the COVID-19 pandemic.
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Indian refineries are among the country’s largest consumers of grey hydrogen, which is produced from natural gas or naphtha through steam methane reforming, a process that emits significant amounts of carbon dioxide.
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IOC's revenue from operations stood at Rs 2.07 lakh crore during the July-September quarter, up 4 percent on year, against Rs 1.99 lakh crore posted in the same period last year.
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To sustain rupee-based trade, India has asked Russia to ease exports to narrow the widening trade deficit
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Domestic demand for jet fuel fell 2% in the September quarter, which O2C (Refining) COO Srinivasan T attributed to increased safety checks by airlines following the Ahmedabad plane crash.
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An India team is in the United States this week to address issues around tariffs, Commerce Secretary Rajesh Agarwal said on October 15.
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India is exploring an FTA with Qatar to secure alternative export markets and cushion its exporters from rising tariff pressures in the US.
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Nitin Gadkari says he will double the speed of building roads and highways in India. Exclusive on impact of tariffs, Bihar elections, GST rationalisation and more.
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On the steps being taken by Centre to safeguard India’s agriculture, Jitin Prasada said international negotiations allow for the inclusion of sensitive, negative, or exclusion lists – or categories of goods on which limited or no tariff concessions are granted.
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Russian oil is at a deep discount but walking away from Moscow and towards other oil suppliers would be easy.
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Analysts dismiss plan but executives welcome sign of more support for fossil fuel exports
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Need for renewables, domestic finds, diversified imports and reserves are some of the steps that India needs to take to secure its energy needs, Sanyal tells Moneycontrol
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The benchmarks were set to fall about 12% for the week.
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Given ample supplies and low demand, the market looks for real impact on supplies for cues rather than offer knee-jerk responses to perceived threats, experts say.
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A Moneycontrol analysis shows that renewable energy now accounts for 36 percent of total installed capacity—almost double what it was a decade ago
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Trade between India and the Middle East and North Africa region hasn't seen much progress. It was worth $217 billion in 2013 and grew to $224 billion in 2024. MENA's share in India’s trade has declined from 27% to 19.8%
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The conflict in the Middle East has so far not impacted oil supplies.
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MSCI’s gauge of Asian equities fell for a second day after the S&P 500 dropped 0.8%
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Nearly two-thirds of India's crude oil and half of the LNG imports pass through the Strait of Hormuz, a narrow waterway which could be at risk in the ongoing Israel-Iran war.
