Refiners feel heat physical crude trades higher than futures pricesIndia’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...
29 Sep, 2026, 12.44 AM IST
India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
28 Sep, 2026, 04.37 PM IST
From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...
28 Sep, 2026, 11.29 AM IST
India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
28 Sep, 2026, 06.30 AM IST
Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
27 Sep, 2026, 07.40 AM IST
Global Market: VLCC rates hit record as Saudi crude flows jumpSaudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...
25 Sep, 2026, 03.48 PM IST
Food Ministry asks edible oil firms to pass on full benefit of import duty cutsThe Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...
24 Sep, 2026, 06.52 PM IST
Retail prices of cooking oils may fall after duty cut: Industry body IVPACooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...
24 Sep, 2026, 10.00 AM IST
Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
24 Sep, 2026, 12.41 AM IST
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
22 Sep, 2026, 06.58 PM IST
India’s oil buyers may cut Russia cargoes as US risk risesIndian refiners may reduce Russian crude imports amid new US sanctions. This move comes as the US legislation allows tariffs on countries b...
22 Sep, 2026, 09.53 AM IST
India studying details of US tariffs on Russian oil buyers: Piyush GoyalIndia is examining details of potential US tariffs on Russian oil buyers, Piyush Goyal says. Washington is increasing pressure on nations s...
21 Sep, 2026, 06.51 PM IST
India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
19 Sep, 2026, 01.31 PM IST
Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
19 Sep, 2026, 12.28 PM IST
India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
18 Sep, 2026, 04.40 PM IST
Replacing Russian crude near impossible for Indian refiners as US sanctions bill threatens 100% tariff, say executivesIndian refiners face challenges replacing Russian crude imports due to new US legislation. Many key suppliers are already cut off, complica...
18 Sep, 2026, 05.30 AM IST
Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
17 Sep, 2026, 12.23 AM IST