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INDIAN OIL IMPORTS
Rupee rises 46 paise to 94.45 on India-US trade deal hopes; oil prices cap gainsThe rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated ...- From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...
- India has made substantial progress in diversifying oil imports, Rubio saysMarco Rubio highlighted India's advancements in energy diversification, particularly reducing dependence on Russian oil. During his Mumbai ...
- Indian Oil to trim Middle East oil imports under annual deals amid Iran warIndian Oil Corporation plans to reduce its crude oil imports from Middle Eastern sources in the next fiscal year due to the ongoing war in ...
- Indian bonds sell off on oil shock ahead of RBI policy minutesIndian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The b...
- Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
- Tread carefully on trade: India must hold its ground as Trump’s tariff stick loses its biteIndia is navigating complex trade negotiations with the United States, focusing on tariffs and energy imports. Though a trade deal is pendi...
- Trump waives Russia sanctions, easing India’s energy concerns as US trade deal nearsUS President Donald Trump waived key Russian sanctions which may enhance trade relations with India. This decision is expected to provide n...
- India's Russian crude binge to continue after Trump waives new sanctions lawWith a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed Chi...
- 500%, 100%, then a waiver: How India escaped Trump's Russia tariff threatIn the beginning it was 500%, then it came down to 100% and then, a waiver. This is how the tariff threat has evolved from an ambitious pro...
- Rupee ends flat as stock slump, importer hedging erodes bounceThe Indian rupee held steady even as it initially surged, influenced by rising dollar demand from importers. However, the local stock marke...
- Oil, foreign flows in focus for rupee; bond traders eye rate-hike betsDuring the upcoming holiday week, analysts predict the Indian rupee will remain steady, with oil price trends and foreign capital flows pla...
- Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crudeIn September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent...
- Trump looks to rein in fuel prices ahead of midterms; waives threat of 100% tariffs on India over Russian oil, citing ‘national interest’ as US inks diesel pact with MoscowUS President Donald Trump has waived fresh sanctions and duties on Russian energy exports under a new law, citing national interest and eas...
- Import of GM soybeans into India should not be allowed at all, say processorsProcessors across India are urging the government to impose a ban on the import of genetically modified soybeans from abroad. They argue th...
- Tanker attacks in Strait of Hormuz & Romania: Govt confirms all 24 Indian seafarers are safeTanker attacks in Strait of Hormuz and Romania: All 24 Indian seafarers are safe after two tankers carrying Indian crew members were hit in...
- China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
- RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
- India shuns costly Russian oil as Middle East flows recoverIndian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...
- Ambani's Reliance drives India’s Venezuela oil imports to seven-year highIndia is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...
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