Saudi Arabia approached Indian buyers last month offering them additional supplies to compensate for lost Iranian oil after U.S. sanctions kicked in

The state-owned company's Q4 net profit increased 17 per cent at Rs 6,099.27 crore, compared to Rs 5,218.10 crore in Q4 last year

Bidding for 14 blocks on offer in the Open Acreage Licensing Policy (OALP) round-II and another 18 oil and gas blocks and 5 coal-bed methane (CBM) blocks on offer in OALP-III closed on Wednesday

Markets Live: While Sensex is trading 263 points higher at 37,354, Nifty is up 83 points to 11,231.70. Sun Pharma, Vedanta and ICICI Bank were the top gainers on Sensex. Tata Steel, Bajaj Auto and Asian Paints were the top losers on Sensex.

Moody's says all petroleum products in India are now sold at prices linked to international or regional market rates, which has opened up the fuel retail market.

Markets Live: Sensex closes 372 points or 0.99 per cent lower at 37,090 and Nifty ended at 11,148 down 130.70 points or 1.16 per cent.

Share Market Updates: The Indian equities ended lower in choppy trade for the eighth stright session on Friday, tracking weak cues from Asian peers.

The United States introduced sanctions in November but gave a six-month waiver to eight nations, including India, which allowed them to import some Iranian oil

Since March 11, petrol prices have gone up by less than 1%, while global oil prices went up by close to $5 per barrel. But Indian consumers are in for a painful price surge as domestic prices realign with global prices post the Lok Sabha polls

Over 800,000 have left their homes to cyclone shelters so far; cyclone tracker Tropical Storm Risk rates Fani category 4 storm, a notch below the worst level

From being the birthplace of the highly successful, fuel-efficient 'Nutan' kerosene wick-stove in the late 70s, the R&D centre has come a long way in the past four decades