Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
10 Jun, 2026, 06.00 AM IST
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
09 Jun, 2026, 11.48 AM IST
Trade pact with Oman strengthens India's energy security: ExpertsThe recent trade accord between India and Oman represents a significant leap toward energy independence and economic integration. Experts n...
02 Jun, 2026, 02.13 PM IST
India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
01 Jun, 2026, 11.33 AM IST
Brazil’s cotton farmers cash in on rally fueled by obstacles worlds awayBrazilian cotton farmers are poised to profit from a significant price rally, driven by geopolitical tensions impacting synthetic fiber pro...
27 May, 2026, 10.33 AM IST
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
20 May, 2026, 05.16 PM IST
WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: ReportIndia's Wholesale Price Index surged to 8.3 percent in April 2026. Fuel and manufactured goods drove this sharp rise. Global crude oil pric...
16 May, 2026, 10.19 AM IST
Petrol, diesel prices hiked by Rs 3/litre: Here’s what top economists have to sayFuel prices in India saw their first increase in over four years on Friday. Petrol and diesel prices rose by approximately Rs 3 per litre. ...
15 May, 2026, 05.33 PM IST
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
13 May, 2026, 09.02 AM IST
India’s fuel resilience amid global oil turmoilThe article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel ...
09 May, 2026, 01.25 PM IST
Seoul mates, India can swipe rightIndia and South Korea are enhancing their strong partnership. President Lee Jae-myung's visit highlights a focus on trade and technology. S...
24 Apr, 2026, 12.19 AM IST
South Korea's Lee to seek big boost in economic ties in summit with PM ModiSouth Korean President Lee Jae Myung is in New Delhi for talks with Indian Prime Minister Narendra Modi. The visit aims to significantly in...
20 Apr, 2026, 07.42 PM IST
India and Taiwan were leading buyers of Russian naphtha in June, LSEG data showsIn June, India and Taiwan emerged as the primary destinations for Russian seaborne naphtha exports, driven by competitive pricing and robus...
29 Jul, 2025, 03.45 PM IST
Russia replaces UAE as the top naphtha supplier to India in 2024-25Russia has overtaken the UAE as India's leading naphtha supplier. This change is due to discounted prices, with Russia providing more than ...
20 Mar, 2025, 01.08 PM IST
Russia surpasses UAE as India's top naphtha supplier amid discountsRussia has surpassed the United Arab Emirates as India's top supplier of naphtha, a key petrochemical feedstock, due to discounted Russian ...
05 Oct, 2023, 10.47 AM IST
Reliance Industries makes rare buy of Russian naphtha, ups fuel oil importsIndia imported about 410,000 tonnes of naphtha, used for making petrochemicals, in Sept-Oct, the Refinitiv data showed. Of this figure, Rel...
02 Dec, 2022, 11.25 AM IST
- End differential tax on naphtha
Finance minister P Chidambaram could look at doing away with the the present policy of end-use based differential import duty on naphtha in...
10 Jan, 2007, 02.17 AM IST