Saudi oil tanker heads to India as Red Sea, Hormuz traffic slows amid attacksUS Iran war: A Saudi crude tanker carrying 2 million barrels is headed to Sikka port where Reliance Industries receives most of his cride o...
03 Aug, 2026, 01.16 PM IST
PM Modi pushes to cut imports to shield India from shocksIndia is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce d...
16 Jul, 2026, 12.25 PM IST
Strategic oil reserve buying set to support crude demand through 2028To enhance energy security and stabilize market prices, various governments plan to acquire millions of oil barrels up to 2028. This approa...
09 Jul, 2026, 07.39 PM IST
Strait of Hormuz closed again? Check latest status as Donald Trump declares US-Iran war ceasefire collapsedIran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...
08 Jul, 2026, 04.03 PM IST
Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
07 Jul, 2026, 01.41 PM IST
One tycoon makes millions from 'dark' journeys on a dangerous oil route while others feared HormuzAmidst the Persian Gulf war, the UAE secretly navigated its oil exports through the Strait of Hormuz using 'dark' ship transits. Korean shi...
06 Jul, 2026, 04.48 PM IST
Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...
30 Jun, 2026, 04.53 PM IST
At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
19 Jun, 2026, 12.20 PM IST
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
11 Jun, 2026, 03.16 PM IST
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
02 Jun, 2026, 10.32 AM IST
Three oil, LNG tankers exit Hormuz with transponders offTwo supertankers and an LNG tanker, with transponders off, exited the Strait of Hormuz bound for India and China. These vessels, carrying c...
28 May, 2026, 08.16 AM IST
Indian Oil Corp buys 7 million barrels US, Mideast crude after Russian oil pause: reportIndian Oil Corporation has purchased seven million barrels of crude oil. The oil is sourced from the United States, Canada, and the Middle ...
04 Aug, 2025, 04.36 PM IST
Reliance eyes first oil cargo from UAE trade arm in December: ReportBillionaire Mukesh Ambani-backed Reliance group in October announced plans to set up Reliance International Ltd (RINL) to trade in crude oi...
15 Dec, 2021, 04.24 PM IST
Oil crisis to have limited impact on inflation, fiscal numbers: Shaktikanta DasDrone attacks on the world's largest oil refinery in Saudi Arabia, alleged to have been carried out by Iran over the past weekend, has lead...
19 Sep, 2019, 08.07 PM IST
BPRL begins supply of crude to BPCL Kochi RefineryDuring July 2018, approximately 1 million barrels of BPRL’s share of equity crude oil from the Lower Zakum Concession was lifted by Bharat ...
23 Oct, 2018, 07.38 PM IST
OVL gets first equity oil from Abu Dhabi fieldNew Delhi, Jun 8 () ONGC Videsh Ltd today said it has received the first ever equity oil cargo from Abu Dhabi's Lower Zakum oilfield, where...
08 Jun, 2018, 10.02 PM IST
Further downside in crude prices cannot be ruled out: Mixo Das, Nomura"Further downsides in crude prices cannot really be ruled out at this point. Now what happens next and where it gets interesting is how the...
06 Jan, 2015, 03.34 PM IST