US lawmakers are considering tariffs on Russia's oil trading partners, including India. One amendment proposes 100% tariffs on countries li...

India’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...

Trade data: August saw a notable rise in India’s merchandise exports to both the US and China, with shipments recording strong year-on-year...

Interest rate hikes are now a global trend, marking the longest monetary tightening since 2023. The West Asia oil shock has driven headline...

Saudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...

Chinese and Indian officials met to discuss deepening energy cooperation. CNPC Chairman Dai Houliang met with Minister Hardeep Singh Puri i...

Russia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...

BRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...

Iran-backed Houthi rebels have captured Yemen’s Perim island in the Bab el-Mandeb Strait, according to officials from both sides, potential...

Global bond yields reached multi-year highs as oil prices surged, increasing inflation worries. Share markets tumbled worldwide on Friday d...

Saudi Arabia's crude oil output significantly dropped last month to its lowest point since 1990. Renewed hostilities between the United Sta...

Iran-backed Houthis aim to control Yemen's Red Sea coast and Bab el-Mandeb strait. This strategic waterway connects Asia to Europe via the ...

The Houthis in Yemen are making significant strides towards seizing control of the Bab el-Mandeb Strait. Recent clashes between Saudi-backe...

State-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...

International crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...

India expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...

India’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...