State-owned oil companies on Monday warned of disruptions in fuel supplies if they are not allowed to raise petrol price or compensated for the Rs 48 crore per day loss they incur on selling fuel be

State-run retailers may cut petrol prices from Nov. 16, an industry source said, the first cut in nearly three years and the first in the 18 months since the government ended controls.

The cut could

New Delhi, July 28: Mukesh Ambani-run Reliance Industries and Essar Oil are among about half a dozen firms in race to buy crisis-hit British energy giant BP's fuel marketing assets in east African cou

Dalat (Vietnam), July 22: The Indian government has asked its public sector oil firms to seek legal opinion on the impact of the latest round of US sanctions on Iran on their investment in the Persian