Engineering goods exports top US$12.31 billion in May, highest ever monthly exports despite West Asia conflictWe are positive that with the proper guidance of the Government, we will be able to achieve the desired export target of US$ 250 billion by...
26 Jun, 2026, 01.57 PM IST
S&P cuts India's FY27 growth forecast to 6.6%, sees inflation at 5.1%India's economic growth is projected to slow to 6.6% in 2026-27 due to energy pressures, a weaker monsoon, and global slowdown, S&P Global ...
25 Jun, 2026, 12.22 AM IST
Cummins India bets on local demand as Middle East conflict clouds exportsCummins India anticipates robust domestic demand to fuel its fiscal 2027 growth, despite ongoing Middle East geopolitical tensions impactin...
24 Jun, 2026, 02.37 PM IST
Jet fuel crack spread may exceed $50 in 2026; airfares may climb up to 25%: ReportGeopolitical tensions and refinery issues are significantly impacting jet fuel supplies, leading to increased airline operational costs. Th...
24 Jun, 2026, 12.48 PM IST
India-bound oil supertanker booked in Gulf at 897% of benchmark freight rateA supertanker has been provisionally booked to ship oil from the Persian Gulf to India at a staggering rate, nearly nine times the benchmar...
24 Jun, 2026, 12.29 PM IST
UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
24 Jun, 2026, 08.07 AM IST
Beyond West Asia conflict: India's oil imports back on track, boosted by record Russian shipmentsIndia’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...
22 Jun, 2026, 05.01 AM IST
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
21 Jun, 2026, 11.46 AM IST
Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
18 Jun, 2026, 10.26 PM IST
Brent crude expected at USD 90-95/barrel, raising India's CAD risk: CrisilIndia's current account deficit is projected to widen significantly. Higher crude oil prices are expected to drive this increase. This will...
18 Jun, 2026, 02.43 PM IST
US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
17 Jun, 2026, 10.16 PM IST
Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...
17 Jun, 2026, 03.45 PM IST
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
17 Jun, 2026, 03.05 PM IST
UK imposes new sanctions on Russian shadow fleet after Indian captain arrestAjay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian sh...
16 Jun, 2026, 08.30 PM IST
Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
16 Jun, 2026, 12.18 PM IST
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
14 Jun, 2026, 07.30 AM IST
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
12 Jun, 2026, 01.28 AM IST