Puri said domestic production of crude oil from offshore and onshore fields stood at 27.96 million tonnes (MT) last financial year (2025-26), against 28.70 MT in 2024-25 and 29.36 MT in 2023-24
Higher crude realisations lifted ONGC's Q1 earnings above estimates, but sustained oil and gas production growth remains the key catalyst for any meaningful stock rerating
Brent crude surged nearly 7% as renewed West Asia strikes, Strait of Hormuz tensions and falling US crude inventories stoked fears of supply disruptions
In the global market, gold opened with marginal gains. However, prices later declined before recovering again. Silver had a subdued start in the global market, but later prices rebounded sharply
Benchmark indices extended losses as rising crude oil prices and sustained foreign portfolio investor selling offset domestic institutional buying and weighed on sentiment
The state-run refiner is also exploring long-term crude supply deals with the US and other countries as it seeks to manage supply disruptions and rising energy costs
Sensex lost 715 points and the Nifty slipped below 24,000 as rising crude prices, tariff concerns and geopolitical tensions triggered broad-based selling
The Houthis announced a naval blockade on Saudi Arabia on Monday, opening a potential new front in the war and raising the threat to global energy supplies and trade beyond the Gulf
India's crude oil import bill climbed to $14.7 billion in June as elevated global crude prices amid supply disruptions outweighed a decline in import volumes
The rupee slipped to a two-month intraday low as higher crude oil prices and West Asia tensions weighed on sentiment, with likely RBI intervention helping limit losses
Foreign investors have turned net sellers after an eight-session buying streak as rising crude prices and renewed West Asia tensions weigh on sentiment and outlook
From fertiliser subsidies and Russian oil tariffs to regulatory independence, rural water reforms and the politics of interfaith marriage, here are today's top Opinion pieces.
The rupee fell to a one-month low against the US dollar as rising crude oil prices and renewed tensions in West Asia weighed on sentiment, with RBI intervention limiting losses
India has secured crude oil and LPG supplies for the near term, limiting the immediate impact of the renewed Strait of Hormuz closure, though prices are expected to rise
The IEA has warned that renewed US-Iran hostilities could derail its forecast of a global oil surplus in 2027 despite a rebound in supplies after the Strait of Hormuz reopened
Indian equities posted their biggest decline in over three months as escalating US-Iran tensions lifted crude oil prices, triggering concerns over inflation and economic stability
That was no small achievement. India imports nearly 90 per cent of its crude oil and around 60 per cent of its LPG, much of it normally arriving from the Gulf
