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INDIA CRUDE OIL PRICES
Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEAIndia's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline...
MCX launches crude sunflower oil futures contracts to strengthen edible oil price risk managementThe Multi Commodity Exchange of India has launched crude sunflower oil futures contracts. This move aims to provide risk management options...
HPCL buys 4 million barrels of Middle Eastern crude, traders sayHindustan Petroleum Corp has bought 4 million barrels of Middle Eastern crude through a spot tender, according to trade sources. The state-...
Oil drops on lower demand forecasts despite deadlock in US-Iran talksOil prices dipped as demand forecasts for 2026 were lowered due to the U.S.-Israeli war on Iran. Despite supply concerns from the conflict,...
Edible oil prices up due to West Asia crisis, but availability 'adequate': Govt tells ParliamentGlobal and domestic edible oil prices have risen due to the West Asia crisis. Higher crude oil prices and biofuel demand reduced export ava...
Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
Rupee retreats to near two-week low, closes at 95.43 vs USD as US-Iran standoff pushes oil higherThe Indian rupee tumbled to a two-week low on Tuesday as surging oil prices and waning optimism regarding a U.S.-Iran deal pressured the cu...
Oil India shares jump over 5%. What made Emkay upgrade the stock after Q1 resultsOil India shares jumped over 5% after strong Q1FY27 results prompted Emkay Global to upgrade the stock to ‘Buy’. The brokerage cited attrac...
Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
India's Russian crude imports hit record for second straight monthIndia's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...
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...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
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...
Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
Indian rupee slips on importer bids, far forward premiums ease to one-month lowOn Thursday, the Indian rupee ended slightly lower against the dollar, impacted by continuous demand from importers hedging their positions...
RBI MPC Meeting 2026: Crude oil volatility remains key inflation riskRBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: The central bank warns volatile crude oil prices pose inflation risks. Geopolitic...
Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...