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ASIA OIL IMPORTS
Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...- Rupee falls 8 paise to 95.25 against US dollar in early tradeThe rupee has fallen eight paise to 95.25 versus the US dollar as of Monday, influenced by a strengthening dollar and surging global crude ...
- China is balancing Asia's crude oil demand by itselfChina is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its...
- Why this Trump oil tariff is ZzzA US Senate bill imposing tariffs on Russian oil buyers faces hurdles. India's energy supplies remain secure due to diversified import stra...
- Russia to India via train? Moscow floats ambitious railway route, says link "should be explored"India-Russia Rail Link: Russia is investigating innovative overland rail routes to connect with India, seeking to lessen reliance on mariti...
- India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumesIndia's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...
- Netanyahu's remarks 'gratuitous' as India not backing war against Iran: Former diplomat on PM Modi-Netanyahu call"The West Asia crisis has reached a fork point. The choices between various stakeholders are to continue with escalation or to taper it dow...
- July thali costs rise as onions, oil and LPG get costlier: ReportHome-cooked thali costs increased in July due to higher onion and oil prices. Vegetable oil and LPG cylinder prices also saw significant ye...
- US is set to import most Middle East crude since Iran war beganUS crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of...
- RBI's rate, GDP and inflation verdicts also come with some stark warnings2026 RBI MPC Meeting: The Reserve Bank of India maintained its repo rate at 5.25 percent on Wednesday. This decision marks the fourth conse...
- Why RBI MPC left repo rates unchanged for fourth consecutive time in August policyRBI Repo Rate: The Reserve Bank of India kept its benchmark repo rate steady at 5.25%. Policymakers cited rising food and fuel costs as the...
- Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...
- ETMarkets Smart Talk | Financialisation of savings could be India's biggest wealth creator over the next decade: Prashasta SethIn an interaction with Kshitij Anand of ETMarkets for Smart Talk series, Seth explains why the steady shift from physical assets to financi...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habitIndia's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...
- Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...
- Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
- Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
- ONGC approves guarantee to MRPL to import crude oil from Saudi AramcoONGC approved a $500 million parent company guarantee for its subsidiary MRPL. This guarantee facilitates crude oil imports from Saudi Aram...
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