crude oil

Not just your car, ethanol may soon fuel your kitchen stoves: Govt working on policy paper, says report

The Centre is reportedly preparing a policy framework to introduce ethanol as an alternative household cooking fuel alongside LPG. The proposal may include subsidies, new distribution infrastructure and support for ethanol-powered cooking stoves as India looks to utilise surplus ethanol production and reduce dependence on LPG imports

Europe's diesel inventories set to hit lowest seasonal level in a decade: Morgan Stanley

Europe's diesel inventories are expected to fall to their lowest seasonal level in at least a decade as refinery bottlenecks, geopolitical tensions and supply disruptions tighten fuel markets, Morgan Stanley said

Asian markets tumble as oil tops $90 on Gulf conflict; Sensex slides over 600 points

Asian stock markets fell sharply on Monday as Brent crude climbed above $90 a barrel amid escalating Gulf conflict, stoking inflation fears and dampening investor sentiment. India's Sensex dropped over 600 points, led by banking stocks, while investors awaited key global tech earnings

Four ships crossed Hormuz. Here's how a month of disruption could hit India's economy

A prolonged slowdown in shipping through the Strait of Hormuz could significantly impact India's economy by driving up crude oil and LNG import costs, increasing freight rates, fuelling inflation and complicating the RBI's monetary policy decisions

Oil nears $91 a barrel as US-Iran ceasefire unravels, Hormuz tensions stoke supply fears

Global oil prices climbed to their highest levels in over a month, with Brent crude nearing $91 a barrel, after Iran declared its ceasefire with the US had effectively collapsed, raising fears of supply disruptions through the Strait of Hormuz

Oil prices jump nearly 12% this week as US-Iran strikes fuel Gulf supply fears

Oil prices jumped nearly 12% this week as renewed US-Iran strikes heightened fears of disruptions to Gulf crude flows, with traders closely watching risks to the Strait of Hormuz and Red Sea shipping routes.

E20 fuel lands in court: Vehicle owner wins compensation over alleged engine damage

A Chhattisgarh consumer court has ordered a vehicle manufacturer and dealer to compensate a car owner who alleged E20 petrol caused engine problems. The ruling comes amid ongoing debate over ethanol-blended fuel safety

US Senate bill targets India with 100% tariffs over Russian oil, exempts 15 European nations

The proposed Sanctioning Russia Act aims to hit Moscow’s oil revenues but risks straining US-India ties as New Delhi defends its energy strategy

Oil prices rise for 4th day as US & Iran continue attacks in West Asia

Oil prices have risen for a fourth straight day amid escalating conflict in West Asia, with Brent crude rising 0.4% to $85.28 a barrel, hovering near the one-month high that it hit earlier this week.

Russia asks India for more gasoline supplies after Ukraine attacks hit refinery capacity: Report

Russia has approached Indian refiners for more gasoline supplies after Ukrainian strikes disrupted a major share of its refining capacity, Reuters reported. Moscow is facing one of its worst fuel shortages, with nearly 40 per cent of refining capacity potentially offline