Business & Finance
OPEC+ Set to Keep December Oil Output Targets Unchanged
Three sources told Reuters that seven core OPEC+ producers have agreed in principle to leave December…
Petrol exports
The latest reporting and analysis on this topic.
Business & Finance
Indonesia Energy Minister to Visit India and China to Secure Gasoline Supplies
Indonesia’s energy minister plans visits to India and China to secure gasoline supplies as Jakarta…
Business & Finance
IMF Committee Warns Conflicts Could Worsen Energy Security
IMF committee members warn that conflicts and trade tensions could disrupt energy supplies and food…
Energy & Climate
Brent Closes Near $110 as Middle East Supply Risks Lift Oil
Brent crude settled at $109.86 a barrel on October 16, 2026, after touching $110 as Middle East tensions…
Business & Finance
India Raises Petrol Export Tax, Cuts Diesel Levy
India has raised the windfall levy on petrol exports to ₹2.5 per litre and cut the diesel export levy to…
Business & Finance
IEA Speeds Up Oil Reserve Releases, Prioritises Diesel
The IEA will accelerate remaining emergency oil-stock releases, including more than 20 million barrels…
Business & Finance
India’s September Trade Deficit Widens to $30.21 Billion
India’s September goods trade deficit widened to $30.21 billion from August but narrowed year-on-year…
Energy & Climate
Saudi Arabia Confirms Limited Fire After Attack on Aramco Building
Saudi Arabia says an Aramco administrative building in Dhahran was attacked, causing a limited fire…
Business & Finance
RBI Opens Dollar Window for Oil Firms, Tightens Forex Rules
RBI will supply dollars to Indian Oil, HPCL and BPCL from October 12 and tighten rupee-derivative rules…
Energy & Climate
Oil Prices Rise as Gulf Storm and Middle East Risks Tighten Supply Outlook
Oil prices rose as a strengthening Gulf of Mexico storm and renewed Middle East security risks raised…
Business & Finance
India’s Refiners Could Gain Export Role as China Cuts Fuel Shipments
India’s refining capacity and improving crude access could give its refiners a larger role in Asian fuel…
Business & Finance
Nayara Energy Raises Petrol by ₹5, Diesel by ₹3 Per Litre
Nayara Energy has raised petrol prices by ₹5 per litre and diesel by ₹3 as higher international oil and…