India remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...

There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not t...

Saudi Arabia’s increased crude shipments through the Strait of Hormuz have pushed ship-to-ship transfer operations in the Gulf of Oman to c...

India's Oil Minister Hardeep Puri reaffirmed the commitment to diesel exports amid potential US restrictions. The global diesel market face...

Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply conce...

The Food Ministry has requested edible oil companies to reduce distributor prices following recent import duty reductions. This directive a...

Private fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...

The government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...

The Central government has announced a reduction in the basic customs duty on edible oils. Crude soybean oil and crude palm oil duties have...

State-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...

India’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...

Growing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...

India faces a difficult energy policy choice regarding Russian oil imports. Potential US tariffs threaten Indian exports and bilateral trad...

India is closely watching a US bill that could allow tariffs of up to 100% on countries buying Russian energy. With Russia accounting for 3...

Saudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...

India is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...

Indian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...