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INDIA OIL REFINERS
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routes
Oil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
India's edible oil imports to surge July-October as supplies shrink before festivalsIndia's edible oil imports will increase from July to October. This rise is due to slower domestic soybean and rapeseed crushing operations...
Indian refiners halt Iraq oil loadings on rising Hormuz riskDue to heightened security worries, Indian refiners have paused crude oil loadings from Iraq, with major players like Indian Oil Corp. and ...
Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
Russian envoy summoned over killing of four Indians"Today, the Russian Charge d'Affaires, Mr Vladimir Ladanov, was summoned to the Ministry of External Affairs. The Ministry conveyed India's...
Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...
Petrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check herePetrol, Diesel Prices Today: Indian fuel prices remained unchanged on Monday, July 21, despite global crude oil falling below ninety dollar...
India’s edible oil industry flags 17-fold surge in Nepal imports, seeks policy reviewIn a pressing appeal, the Indian Vegetable Oil Producers' Association urges a swift revision of India's edible oil import regulations. Rece...
Emami Agrotech targets Rs 22,000 cr turnover in FY27; remains cautious on commodity volatilityEmami Agrotech expects ten percent revenue growth this fiscal year. Strong demand for edible oils will drive this anticipated growth. The c...
A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunchIndian refiners expect stable oil supplies despite renewed West Asia conflict. They believe US President Trump will open alternative routes...
China's oil fortress will reshape the global orderChina shielded itself from the Iran war's energy shock by cutting crude imports and restricting fuel exports. This move demonstrated its ca...
Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
Russian firms seeking more gasoline from IndiaRussian energy companies are seeking more gasoline from Indian refiners. This request follows Ukrainian strikes which damaged Russia's refi...
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...
India's June vegetable oil imports fall 29% on shrinking palm oil discount: SEAIndia's vegetable oil imports dropped significantly in June, reaching the lowest point this oil year. This decline was primarily driven by ...
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...
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-endIndian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's ...