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...
14 Aug, 2026, 12.59 AM IST
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...
13 Aug, 2026, 07.02 PM IST
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-...
13 Aug, 2026, 09.50 AM IST
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...
12 Aug, 2026, 07.45 AM IST
Oil rises as doubts over US-Iran deal heighten supply concernsOil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...
12 Aug, 2026, 07.34 AM IST
Russia's oil exports to Asia via Arctic route start strongly, sources say and data showsRussia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to ...
11 Aug, 2026, 10.04 PM IST
Indian bonds skid as crude soars, Treasuries fallEarly Tuesday saw a drop in Indian government bonds, reflecting a broader selloff in US Treasury markets. The rise in crude prices has reig...
11 Aug, 2026, 01.47 PM IST
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. ...
11 Aug, 2026, 07.55 AM IST
Rupee falls 11 paise on firm dollar, costlier crudeThe Indian rupee weakened by 11 paise against the US dollar, closing at ₹95.28. A firming dollar, driven by rising global crude oil prices ...
11 Aug, 2026, 06.19 AM IST
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...
10 Aug, 2026, 04.34 PM IST
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...
10 Aug, 2026, 02.55 PM IST
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...
10 Aug, 2026, 07.46 AM IST
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...
10 Aug, 2026, 07.08 AM IST
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...
09 Aug, 2026, 01.06 PM IST
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...
08 Aug, 2026, 01.41 PM IST
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...
07 Aug, 2026, 07.34 AM IST
Indian rupee weakens slightly against dollar amid importer demand, oil prices coolThe Indian rupee weakened slightly against the dollar on Thursday as importers continued to push for dollar purchases. Although oil prices ...
07 Aug, 2026, 06.43 AM IST