China's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...

Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil compani...

Japan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectatio...

China has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...

ONGC Videsh Ltd (OVL) had acquired assets overseas as part of increasing the state-run oil producer's crude output. The move to revive OVL ...

India's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...

A deal to end the Persian Gulf war is nearing. Iran has strengthened its position and will set terms. The agreement will lift blockades and...

India continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...

India's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...

Brazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...

Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...

China's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...

India is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...

India is seeking a long-term energy partnership with Venezuela. Prime Minister Narendra Modi held talks with Venezuela's acting President D...

India and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodrigu...

Venezuela's acting President Delcy Eloina Rodriguez Gomez is in India for a five-day visit. She will meet Prime Minister Narendra Modi. The...

Venezuela's interim President Delcy Rodriguez will travel to India on Wednesday for a five-day visit, the foreign ministry said, as New Del...