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The oil ministry held a meeting with refiners on Thursday, urging them to scout for alternatives to Iranian oil, the sources said.

India, Iran discuss possible impact on bilateral oil trade amid US...

Issue figured during 15th round of Foreign Office Consultations between 2 nations; implementation of Chabahar port...

16 July 2018 9:07 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC':...

At the current price of USD 70 per barrel, the annual value of global oil output is USD 2.5 trillion.

5 April 2019 8:48 AM IST

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Import of American crude oil to open 'new vistas' in India-US relation

Consignments of American crude oil left the US shores between August 6-14 and is likely to reach India in late...

17 Aug 2017 4:09 PM IST