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ONGC will add 13 mn bbl strategic petroleum reserve at its Mangalore petrochemicals hub
The expansion comes as India looks to enhance west-coast storage and widen commercial use of reserves to offset Gulf-linked supply…
MRPL, IOC secure Iraqi crude cargo amid Hormuz reopening
The latest fixtures point to a cautious restart of Iraqi crude logistics after the Iran war tightened vessel availability
June crude imports show Russia widening its lead over MENA suppliers
Plus: India is in no hurry to cut retail fuel prices
India unwinds fuel curbs, cuts export taxes as Gulf supply crunch eases
Private retailer Nayara slashes pump prices while state-run companies ease gas rates
THIS AFTERNOON: Indian tankers exit Hormuz; India, US trade talks
Plus: US-Iran talks advance despite friction
India pays a 40% premium for spot LNG to replace Qatari and Emirati supply
Plus: Adnoc feedstocks India’s crude oil demand
Middle East fuel shock drives margin squeeze for Indian road logistics, says ICRA
ICRA expects listed road logistics companies’ operating margins to shrink by 200 bps in FY 2027
78 days of the Iran war cost the Indian government USD 13 bn to control fuel prices
India’s fuel-price cushion is turning into a wider fiscal challenge, with support now covering OMCs’ losses, jet fuel stabilization, and…
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