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OIL MINISTER
Russian crude deliveries to India crossed $43 billion in 2025 and rose 25% in the first half of 2026Russia is strengthening its role as a key energy partner for India, supplying about half of its oil imports, with crude purchases exceeding...- India and US trade deal still has a few stubborn cards to play: Fitch unitNegotiations between India and the US have encountered significant sticking points affecting market access and agriculture. US Trade Repres...
- Russian strikes on Ukrainian cities kill at least 19 in major attack that Kyiv saw comingOvernight, Russian forces unleashed a wave of missiles and drones across Ukraine, leading to civilian losses, with a toll of at least 19 li...
- Indian oil manager killed while sealing pump; Employees seek safety measuresAn Indian Oil retail sales manager was allegedly killed in Maharashtra while trying to seal a petrol pump that had remained dysfunctional d...
- Global Market: UK Gilt yields rise as oil, US Treasury yields weigh on bondsBritish 10-year gilt yields jumped 6 basis points to 5.44%, nearing a 19-year high, as rising oil prices and US Treasury yields fueled infl...
- Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...
- Oil prices rise as storms and air strikes threaten supplyAs a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending st...
- Global Market: Nikkei rises as Wall Street gains, oil prices fallJapan’s Nikkei rose 0.2% and Topix gained 0.4%, supported by Wall Street gains and lower crude oil prices. Investors remained cautious ahea...
- Kyiv: Over 50% of Moscow's refining capacity taken outThe Defense Ministry said late Sunday that recent strikes on refineries in cities including Moscow, Yaroslavl, Ust-Luga, Perm, Saratov and ...
- Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
- Iran Oil Minister Mohsen Paknejad resigns: State mediaIran's Oil Minister Mohsen Paknejad has resigned, with NIOC chief Hamid Bovard set to serve as acting minister.
- India, China better positioned for Hormuz disruptions; Russian oil purchases likely to continue: Former Singapore Foreign MinisterIndia and China are better equipped to manage energy disruptions due to diverse sourcing and stockpiling. George Yeo emphasised India's ong...
- Russian crude to remain part of energy mix: Jaishankar to PanelAs traditional oil suppliers face challenges, India's significant reliance on Russia for crude oil came into focus. External Affairs Minist...
- India can sustain around 7% growth despite global concerns: Nilesh ShahIndia is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, ...
- The new oil pipe: Canada wants to break free from the US grip and send more crude to AsiaCanada Prime Minister Mark Carney has fast-tracked the proposed 1-million-barrel-a-day Pacific Link oil pipeline, aiming to reduce Alberta’...
- India imports 50% of gas needs, targets 10X CBG output: Hardeep Singh PuriIndia's Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized the need for enhanced domestic energy production. Rising energy de...
- No global oil shortage, supply route disruptions driving crude prices, oil minister saysUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...
- Godrej Industries Group, Malaysian delegation discuss cooperation in oil palm innovation and businessDiscussions covered areas of mutual interest across the Group’s businesses, particularly oil palm innovation and the household insecticides...
- Russian crude cushioned India from oil shock, says Andrey RudenkoRussian deputy foreign minister Andrey Rudenko highlighted the reliability of Moscow as an energy partner. He stated that Russian oil suppl...
- Oil minister Hardeep Puri calls for deeper India-OPEC energy tiesIndia and OPEC have called for closer cooperation to support a stable and predictable global energy market, with oil minister Hardeep Puri ...
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