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File photo (Picture credit: PTI) Oil India Limited (OIL) launched a landmark offshore drilling campaign in the Kerala-Konkan basin by spudding its first deepwater well, Union petroleum and natural gas minister Hardeep Puri announced on Saturday.He described the development as an “inspirational stride” in India’s energy journey aligned with Prime Minister Narendra Modi’s vision.The frontier…

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Global oil and natural gas prices surged sharply on Thursday after Iran launched fresh strikes on key energy infrastructure across the Gulf, including Qatar’s main liquefied natural gas (LNG) facility, raising concerns over prolonged supply disruptions.Brent crude, the international benchmark, climbed close to $114 per barrel, up from below $73 on the eve of the…

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Bullion prices in domestic markets remained under strain last week. On the Multi Commodity Exchange, silver tumbled by Rs 8,850, marking a decline of 3.3 per cent, while gold fell by Rs 3,168, a drop of about 2 per cent. According to Pranav Mer, Vice President, EBG – Commodity & Currency Research, JM Financial Services…