Crude Imports

Oil slides as US crude production hits record, China, Japan factory output weakens

Oil markets remain relatively well-supported by supply cuts by the Organization of the Petroleum Exporting Countries (OPEC)

Govt to offer special incentives to ONGC, OIL for natural gas discoveries in unviable areas, to raise output

State-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) have not been able to develop the discoveries

Rupee depreciation: Why currency trade with 'vulnerable' countries is the antidote to dependency on US dollar

The rupee trade is any day better than the hare-brained idea of curbing non-essential imports which are bound to invite retaliation on a wide front

US diktat to stop Iranian oil imports: Dharmendra Pradhan says national interests to guide govt response

Petroleum minister Dharmendra Pradhan on Thursday reacted cautiously to the US demand to stop crude imports from Iran, saying the government "will go by the national interest"