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CRUDE OIL IMPORT DEPENDENCY
Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...23 Jul, 2026, 11.26 AM IST- Oil prices scorch Indian bonds; rising Treasury yields add to pressureIndian government bonds declined early Thursday as Middle East tensions escalated. Crude oil prices neared $100 a barrel, and U.S. Treasury...23 Jul, 2026, 10.52 AM IST
- Oil Price Today (July 22): Crude oil crosses $90, hits 2-month high as US strikes enter 11th day. $120 possible, say expertsBrent crude prices crossed the mark of $92 a barrel, rising to the levels last seen in early-June. West Texas Intermediate (WTI), the US cr...22 Jul, 2026, 07.50 AM IST
- After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...22 Jul, 2026, 06.11 AM IST
- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...21 Jul, 2026, 04.12 PM IST
- Petrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check herePetrol, Diesel Prices Today: Indian fuel prices remained unchanged on Monday, July 21, despite global crude oil falling below ninety dollar...21 Jul, 2026, 08.54 AM IST
- Godrej Agro to expand oil palm area to 1.4 lakh hectares, bets on rising demandEdible oil prices are expected to stay elevated for several months ahead. Geopolitical tensions and El Nino threats are tightening global s...21 Jul, 2026, 12.37 AM IST
- Why oil prices haven't gone crazy despite 5 months of US-Iran warOil prices stayed below predictions despite the US and Iran conflict. China's reduced oil imports significantly impacted global demand for ...20 Jul, 2026, 04.27 PM IST
- India’s edible oil industry flags 17-fold surge in Nepal imports, seeks policy reviewIn a pressing appeal, the Indian Vegetable Oil Producers' Association urges a swift revision of India's edible oil import regulations. Rece...20 Jul, 2026, 02.35 PM IST
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...20 Jul, 2026, 01.07 PM IST
- Saudi Arabia begins regaining share in India's crude importsSaudi Arabia is expected to supply 464,000 barrels per day (bpd) to India in July, based on arrivals in the first half of the month and tan...17 Jul, 2026, 11.37 PM IST
- China's oil fortress will reshape the global orderChina shielded itself from the Iran war's energy shock by cutting crude imports and restricting fuel exports. This move demonstrated its ca...16 Jul, 2026, 04.51 PM IST
- Oil is crude once again! Is $95 the new normal and what it means for Indian investors?Crude oil prices are rising again due to escalating Middle East tensions. This surge impacts India's import costs and government finances s...16 Jul, 2026, 10.27 AM IST
- Russian oil still India's key energy bet despite looming US tariff risksProposed US tariffs on Russian crude imports could inject fresh market volatility. Replacing Russian supply would be difficult due to limit...15 Jul, 2026, 03.51 PM IST
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...14 Jul, 2026, 02.46 PM IST
- China's June oil imports hit near 10-year low amid Iran warChina's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowes...14 Jul, 2026, 10.34 AM IST
- E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: GovtEthanol blending shields Indian consumers from volatile global oil prices. This program reduces dependence on imported crude oil significan...10 Jul, 2026, 12.38 PM IST
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