Pakistan registers sharp decline in oil sales and consumption

Aug 02, 2022

Islamabad [Pakistan], August 2 : In line with Shehbaz Sharif-led Pakistan government's efforts to reduce oil import bills, Pakistan has registered a sharp decline...

Oil companies making loss of Rs 24/litre on petrol, Rs 104 on diesel as crude above USD 100; Govt holds pump prices steady

Apr 02, 2026

Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West...

US Secy Rubio explains why Trump admin taxed India over Russian oil but delayed China sanctions

Aug 18, 2025

"If you put secondary sanctions on a country - let's say you were to go after the oil sales of Russian oil to China....

Fuel demand boosts oil marketing companies' petroleum product sales: Fitch Ratings

Feb 08, 2022

New Delhi [India], February 8 : Transportation fuel demand shows signs of improving to pre-pandemic levels from FY23 as visible from petroleum product sales...

Indian Oil-led consortium makes fresh oil, gas discovery in Libya block, NOC confirms additional find

Apr 27, 2026

The company said that "with the resumption of exploration activities, drilling of the 6th exploratory well has led to a fresh oil and gas...

India's October oil demand rises 1.6% MoM; 2023 annual growth revised: S&P Global

Nov 08, 2023

Overall, India's oil demand is expected to grow by 258,000 barrels per day in 2023, revised higher by 9,000 bpd from the last update...