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CRUDE OIL SHIPMENTS
India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 ...
India's June exports shine through West Asia dark clouds; trade deficit widens to five-month highIndia's goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 bill...
Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...
Oil jumps 3% after US, Iran escalate strikes in MideastOil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed....
US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...
India's Russian crude imports hit record in Jun even as Moscow's oil revenues slipIndia's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons glo...
Goldman says Hormuz flare-up may delay recovery in oil suppliesRenewed tensions between Washington and Tehran have impacted global energy markets significantly. Ship traffic through the strait has nearl...
Global Market: IEA sees global oil demand recovering as Strait of Hormuz flows resumeGlobal oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International En...
Iran rushes out oil exports as tensions with US flare againIran has dispatched eleven million barrels of crude oil via tankers. This action occurs as tensions with the United States escalate signifi...
Indian-flagged crude tanker turns back from Strait of Hormuz after vessel attacks: ReportSeveral oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical wate...
India seeks safe Hormuz passage for nine ships as truce faltersIn a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...
US futures tumble as Trump says Iran deal is 'over'; oil climbsOn Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Ira...
Rupee rallies 50 paise as cheaper crude lifts sentimentThe Indian rupee saw its best day in nearly a month, gaining against the dollar. This rise followed reports of Saudi Arabia reducing crude ...
OPEC+ to boost crude output, but can it deliver and who will buy?OPEC+ has boosted oil production quotas for the fifth consecutive month, raising questions about shipping capacity and buyer demand. While ...