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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...- India expands LNG sourcing from 6 to 15 countries to cut supply risks: GovtIndia has nearly trebled its liquefied natural gas suppliers to fifteen countries. The nation also broadened its crude oil sourcing network...
- 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...
- 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...
- India's Menage a Trois: Graham Act puts New Delhi's strategic autonomy to testThe new US legislative proposal aims to introduce tariffs on nations acquiring Russian energy, challenging India to balance its energy dema...
- US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...
- America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
- 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...
- India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...
- 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...
- India cuts energy import dependence to 42%, oil imports still meet 90% of demand: CII-EYIndia's primary energy import dependence has decreased to forty-two percent by FY25. Crude oil imports still meet nearly ninety percent of ...
- Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
- Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
- Oil steadies after two-day slump as investors eye Hormuz trafficOil prices experienced a slight stabilization as market participants keenly observed developments regarding the U.S.-Iran conflict. Recent ...
- 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...
- ONGC to reserve half of new oil storage for strategic reservesIndia's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleu...
- 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...
- Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
- Oil Price Today (July 29): Crude oil jumps 5% as US intercepts Iranian 'surprise attack’. Big rally ahead?Brent crude jumped 5% to around $88 a barrel, recovering after its biggest three-day decline since April 2020. The U.S. West Texas Intermed...
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