Brent Crude & India — Ministry of Petroleum and Natural Gas
11 shared events · Importance 4 · Last updated Jul 02, 2026
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Regulatory
Brent Crude: Brent crude prices rose to $84.73 per barrel amid renewed US-Iran tensions and blockade of Strait of Hormuz, influencing the tax revision.
India — Ministry of Petroleum and Natural Gas: The India — Ministry of Petroleum and Natural Gas rescinded restrictions on fuel sales to commercial buyers, indicating an improved domestic supply situation.
Jun 30, 2026 · 25 articles
Domestic
Brent Crude: Brent Crude>>> oil prices remaining elevated at around USD 100 per barrel are a primary driver of increased input costs for fuel retailers in India>>>.
India — Ministry of Petroleum and Natural Gas: The India — Ministry of Petroleum and Natural Gas>>> is involved in managing LPG supplies and addressing the under-recoveries faced by oil marketing companies, with Joint Secretary Sujata Sharma providing updates on the situation.
Jun 06, 2026 · 78 articles
Domestic
Brent Crude: Brent Crude>>> prices have risen significantly, trading above $100 per barrel, which is a primary driver for the fuel price hikes in India>>>.
India — Ministry of Petroleum and Natural Gas: The India — Ministry of Petroleum and Natural Gas, through its Joint Secretary, provided information on the losses incurred by state-run oil firms due to fuel sales.
May 19, 2026 · 125 articles
International
Brent Crude: Brent Crude prices are influenced by global geopolitical events and supply disruptions, with its trading upwards reflecting market volatility and anxieties over supply bottlenecks.
India — Ministry of Petroleum and Natural Gas: The India — Ministry of Petroleum and Natural Gas, through its officials, has affirmed India's consistent policy of purchasing Russian oil based on commercial considerations, ensuring national energy security.
May 18, 2026 · 21 articles
Regulatory
Brent Crude: Brent Crude prices are referenced as a benchmark; reduced dependence may lower sensitivity.
India — Ministry of Petroleum and Natural Gas: Central government body defending and implementing the E20 policy; issued multiple clarifications and data to counter criticism.
Jul 03, 2026 · 315 articles
Regulatory
Brent Crude: Global benchmark Brent Crude>>> settled near $92, reflecting the moderation in international fuel prices.
India — Ministry of Petroleum and Natural Gas: The India — Ministry of Petroleum and Natural Gas>>> is the primary government agency responsible for implementing and overseeing the fuel security measures, including strategic reserves, supply management, and enforcement actions. Its joint secretary, Sujata Sharma, is the key spokesperson for these initiatives.
May 29, 2026 · 40 articles
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