Latest Indian Oil News & Updates

New Delhi, March 3 (IANS) India is in a reasonably comfortable position as far as crude oil, LPG and LNG are concerned, with a stock of 25 days of reserve for crude and 25 days of products, including the quantity that is in transit on ships headed for the country’s ports, according to government sources.India imports over 85 per cent of its crude oil requirement, of which around 50 per cent is supplied by Middle Eastern countries through the Strait of Hormuz, flows from which has been disrupte…

Bengaluru, Feb 26 (IANS) At only 22, Beauty Dungdung bears a heavy burden. Currently, she is training intensely at the Indian Women’s Hockey Team’s national camp in Bengaluru. However, returning to the turf has been the toughest challenge she has faced. Beauty recalls, “It took me around two years to rebound,” reflecting on her serious knee injury in 2023. She spent months in rehab, questioning whether she would return to play for India. However, the physical pain was minor compared to the hea…

New Delhi, Jan 7 (IANS) Not just oil, Venezuela holds substantial reserves of nickel, iron ore, bauxite, coal and gold, and is increasingly prioritising lithium, nickel and rare earth elements as strategic resources, a report said on Wednesday, adding that for India, deeper investment partnerships in these areas could support long-term supply security for minerals essential to batteries, electric vehicles and clean-energy technologies.In November 2025, the Venezuelan Government conveyed its inte…