China's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...

India and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...

India 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...

Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...

Asian refiners are buying higher quantities of US crude amid Strait of Hormuz shipping concerns. South Korea's GS Caltex secured two millio...

MCX has launched futures contracts on crude sunflower oil to help market participants manage price volatility and exposure to global supply...

The Multi Commodity Exchange of India has launched crude sunflower oil futures contracts. This move aims to provide risk management options...

European diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...

US refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...

US official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism r...

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...

India's Russian crude oil imports reached a record in July, increasing by 2.1 percent. This surge was primarily fueled by smaller import te...

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...

A 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 rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refi...

Reliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...

India's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...