India's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...

America's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...

India is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...

OPEC has reduced its 2026 oil demand growth forecast to 970,000 barrels per day. This marks a second consecutive cut. The group sees less i...

In a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...

India and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...

The European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...

Ukrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...

China's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...

Nepal has banned Indian mango imports citing pesticide levels and inadequate border quarantine. This move boosts local farmers who now face...

Indian government bonds faced pressure early Monday. Escalating U.S.-Iran tensions pushed oil prices higher. This overshadowed recent suppo...

Seven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...

OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...

Rosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...

Venezuela's acting President Delcy Eloina Rodriguez Gomez is in India for a five-day visit. She will meet Prime Minister Narendra Modi. The...

In May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...

India's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...