RBI Policy: Complex oil math explains rise in FY27 inflation estimatesThe Reserve Bank of India revised its crude oil price projections for the fiscal year 2026-27. This adjustment has led to increased inflati...
07 Oct, 2026, 05.50 PM IST
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...
07 Oct, 2026, 01.39 PM IST
India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil risesIndia’s sunflower oil imports fell 36% in September to their lowest level in more than four years as the Ukraine war disrupted Black Sea sh...
05 Oct, 2026, 04.23 PM IST
- India’s BPCL plans $3 billion bond sale to fund Brazil oil bet
Bharat Petroleum Corp. plans to raise up to $3 billion through international bonds, mainly funding its $2.8 billion contribution to Brazil’...
05 Oct, 2026, 04.05 PM IST
$100/barrel crude on screen, $145/barrel in physical market: Kotak Securities sees two pricesCrude oil’s physical market price could reach nearly $145 a barrel even if benchmark prices show $100, as soaring VLCC shipping costs widen...
05 Oct, 2026, 01.19 PM IST
Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
05 Oct, 2026, 12.42 PM IST
India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
05 Oct, 2026, 12.38 PM IST
Deep-sea gas becomes costlier as government raises price ceilingThe government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October ...
04 Oct, 2026, 12.01 PM IST
India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
03 Oct, 2026, 12.42 AM IST
Vedanta plans $200 million push to lift Rajasthan oil outputVedanta Oil and Gas is increasing investment in Rajasthan to enhance crude output from existing wells. The company aims to invest approxima...
02 Oct, 2026, 12.38 AM IST
India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...
01 Oct, 2026, 02.37 PM IST
India oil refiners change tactics and hire ships to cross HormuzIndian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...
01 Oct, 2026, 10.50 AM IST
Agriculture sector binds India-Argentina partnershipArgentine Ambassador Mariano Caucino highlighted the growing economic relationship between Argentina and India during a summit in Mumbai. A...
30 Sep, 2026, 10.44 PM IST
India's sunflower oil imports seen up 30% on duty cut, industry official saysIndia’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...
30 Sep, 2026, 02.07 PM IST
India needs to strengthen domestic oil exploration, official saysIndia is urged to strengthen its domestic oil exploration capabilities to improve energy security as global tensions rise. Oil India Limite...
29 Sep, 2026, 11.47 AM IST
Refiners feel heat physical crude trades higher than futures pricesIndia’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...
29 Sep, 2026, 12.44 AM IST
Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
27 Sep, 2026, 07.40 AM IST