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...
10 Aug, 2026, 04.21 PM IST
Global Market: European shares hold steady as Hormuz uncertainty keeps oil prices elevatedEuropean shares were broadly flat on Monday as uncertainty over the Strait of Hormuz kept oil prices elevated. Investors awaited key econom...
10 Aug, 2026, 03.27 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
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
India’s $40 billion Russian oil lifeline shouldn’t buckle under Trump’s 100% tariff threat: GTRIAs long as it proves to be economically feasible, India should persist in acquiring Russian crude oil. A new Senate bill from the US threat...
08 Aug, 2026, 12.56 PM IST
Oil slips, heads for weekly loss as Hormuz deal uncertainty persistsOil prices declined as investors weighed prospects of reopening the Strait of Hormuz against persistent geopolitical risks. Markets also aw...
07 Aug, 2026, 07.22 PM IST
Global Market: China’s July exports top forecasts as AI boom and pre-tariff rush fuel trade growthChina's July exports rose 23.9%, beating forecasts as strong global AI-related demand and pre-tariff shipments boosted trade. High-tech and...
07 Aug, 2026, 12.58 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
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 ...
06 Aug, 2026, 09.53 PM IST
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...
06 Aug, 2026, 07.13 PM IST
Surge in Black Sea attacks adds to strain on global commodity flowsAttacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each othe...
05 Aug, 2026, 09.26 PM IST
India may charge gas users to fund planned $42 billion fuel reserves, sources sayIndia is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme ...
05 Aug, 2026, 03.20 PM IST
War cost to world = '2.6 billion barrels of oil'Global oil inventories have significantly depleted since the US-Israeli war with Iran began. Saudi Aramco's chief stated that replenishing ...
05 Aug, 2026, 01.05 AM IST
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...
04 Aug, 2026, 02.58 PM IST
Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...
03 Aug, 2026, 10.14 PM IST