April, 2026

No fuel shortage in Karnataka, oil firms urge public to avoid panic buying

Fuel and LPG supplies in Karnataka remain stable. Indian Oil Corporation assures no petrol or diesel shortages. Domestic ...

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India craves a sweet fix for crude addiction. Can it work?

India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on ...

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Petrol, diesel prices to rise Rs 25–28 per litre? Petroleum ministry clarifies

Government has firmly denied any plans to raise petrol and diesel prices, calling such reports mischievous and misleading. ...

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A case to raise petrol, diesel prices by Rs 25–28 per litre after Bengal, Tamil Nadu elections: Kotak Institutional Equities

Fuel prices in India may rise significantly after April 29. Global crude oil costs are high, causing losses ...

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Govt eyes ethanol blend beyond 20%, pushes flex-fuel vehicles

India is exploring higher ethanol blending in petrol and flex-fuel vehicles. This move aims to reduce reliance on ...

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Traders place $430 million bet on lower oil price before Trump ceasefire extension

It is the third time this month, and the fourth in total, that large, well-timed directional bets on ...

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India crude oil production falls for 11th year, gas declines again

India’s crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a ...

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ONGC cancels jack-up rig tender over cartelisation fears, flags 60% spike in bid prices

State-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid ...

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Iran says Hormuz reopening 'not possible' amid US naval blockade

Iran’s parliament speaker, Mohammad Bagher Ghalibaf, stated on Wednesday that the Islamic Republic will not reopen the Strait ...

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US extends Russian oil waivers by 30 days, offering relief to India and other vulnerable nations

The United States has granted a 30-day extension for sanctions relief on Russian seaborne oil. This decision offers ...

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