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INDIA CRUDE OIL IMPORTS
Oil pain pins India bonds in range; RBI minutes to give next cueIndian government bonds showed little movement on Wednesday, trading in a tight range. The increase in oil prices countered support drawn f...
India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocksBrent crude may stay near eighty dollars a barrel for twelve months. Analysts favor Oil India and ONGC due to expected earnings growth. Oil...
Indian refiners face crude cost surge as Gulf premiums rise, Russian oil discounts vanishIndian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...
RBI's heavy FX footprint revives memories of a tightly managed rupeeThe Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...
India’s balance of payments slips into deficit in Q1FY27India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...
India named first official partner country at Russian Energy WeekIndia will be the first official partner country at Russia's Energy Week forum. This partnership aims to attract greater Indian investment ...
MCX launches crude sunflower oil futures contractMCX has launched futures contracts on crude sunflower oil to help market participants manage price volatility and exposure to global supply...
Vegetable oil imports decline 7% YoY in July 2026 as crude oil share jumps to 96%: SEAIndia's edible oil imports decreased by eight percent in July compared to last year. Vegetable oil imports also saw a seven percent decline...
MCX launches crude sunflower oil futures contracts to strengthen edible oil price risk managementThe Multi Commodity Exchange of India has launched crude sunflower oil futures contracts. This move aims to provide risk management options...
HPCL buys 4 million barrels of Middle Eastern crude, traders sayHindustan Petroleum Corp has bought 4 million barrels of Middle Eastern crude through a spot tender, according to trade sources. The state-...
Edible oil prices up due to West Asia crisis, but availability 'adequate': Govt tells ParliamentGlobal and domestic edible oil prices have risen due to the West Asia crisis. Higher crude oil prices and biofuel demand reduced export ava...
Russia's oil exports to Asia via Arctic route start strongly, sources say and data showsRussia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to ...
India's Russian crude imports hit record for second straight monthIndia's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...
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...
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...
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...
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...
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...
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 ...