BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oilBharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...
27 Aug, 2026, 05.30 PM IST
Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
27 Aug, 2026, 07.10 AM IST
Trump says the US doesn't need Canada. America's economy says otherwiseDespite President Donald Trump’s claim that the United States does not need Canada, both economies remain deeply interdependent. Canadian o...
27 Aug, 2026, 07.08 AM IST
Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
26 Aug, 2026, 11.03 PM IST
CBIC hikes gold tariff value; check latest update on other key importsThe CBIC has kept tariff values unchanged for several imported goods. Crude palm oil and soybean oil values remain the same for importers. ...
26 Aug, 2026, 06.31 PM IST
Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
26 Aug, 2026, 11.36 AM IST
Food prices on the rise, domestic demand keeps economy strongIndia's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, ...
26 Aug, 2026, 12.33 AM IST
Russia-Ukraine war likely to raise import price of sunflower oil, yellow peasThe escalation of the Russia-Ukraine war could raise India’s import costs for sunflower oil and yellow peas, as attacks and shipping disrup...
25 Aug, 2026, 11.52 PM IST
Crude oil prices slide 4% as markets look past Iran sanctionsOil prices dropped significantly as traders viewed new US sanctions on Iran less severely. Brent crude and West Texas Intermediate both rea...
25 Aug, 2026, 11.35 PM IST
India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
25 Aug, 2026, 04.24 PM IST
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
25 Aug, 2026, 01.19 PM IST
Russia's Afipsky oil refinery on fire after drone attack, two dead, governor saysA drone attack caused a fire at the Afipsky oil refinery in Russia's Krasnodar region. Falling drone debris killed two people and injured t...
25 Aug, 2026, 11.19 AM IST
India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
20 Aug, 2026, 04.44 PM IST
China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
20 Aug, 2026, 10.23 AM IST
India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
19 Aug, 2026, 03.57 PM IST
India named first official partner country at Russian Energy WeekIndia will be the first official partner country at Russia's Energy Week forum. This partnership aims to attract greater Indian investment ...
14 Aug, 2026, 08.35 PM IST
Russia's oil exports to Asia via Arctic route start strongly, sources say and data showsRussia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to ...
11 Aug, 2026, 10.04 PM IST