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EXPORT RESTRICTIONS REFINED OIL
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...14 Jul, 2026, 04.12 PM IST- India's June vegetable oil imports fall 29% on shrinking palm oil discount: SEAIndia's vegetable oil imports dropped significantly in June, reaching the lowest point this oil year. This decline was primarily driven by ...14 Jul, 2026, 03.01 PM IST
- Oil traders call Trump's Hormuz bluff at their perilIran and the U.S. have announced rival blockades of the Strait of Hormuz. This action cripples an already fragile ceasefire deal between th...14 Jul, 2026, 12.07 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
- US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...12 Jul, 2026, 09.22 PM IST
- India's Russian crude imports hit record in Jun even as Moscow's oil revenues slipIndia's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons glo...12 Jul, 2026, 10.26 AM IST
- In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...11 Jul, 2026, 02.55 PM IST
- Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...10 Jul, 2026, 01.43 PM IST
- Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-endIndian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's ...10 Jul, 2026, 04.53 AM IST
- Russia's Saratov oil refinery at a halt since Wednesday's drone attack: Sources report to ReutersRussia's Saratov oil refinery stopped processing oil Wednesday after a drone attack. This incident follows similar Ukrainian strikes on Rus...09 Jul, 2026, 08.43 PM IST
- Sinopec unit signs engineering deal for Central Asia's first large-scale integrated biojet fuel complexSinopec Engineering will design Central Asia's first large-scale sustainable aviation fuel complex. This project in Uzbekistan will produce...08 Jul, 2026, 02.42 PM IST
- Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...08 Jul, 2026, 12.15 PM IST
- China further eases fuel export curbs for JulyChina has lifted refined fuel export restrictions for the remainder of July. A private refiner, Zhejiang Petrochemical, can now resume its ...08 Jul, 2026, 10.26 AM IST
- Millions of barrels of Iranian oil left in limbo after US revokes 60-day waiverAround 63 million barrels of Iranian crude are stranded on tankers after the US revoked a sanctions waiver that had temporarily allowed Ira...08 Jul, 2026, 10.07 AM IST
- Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...07 Jul, 2026, 04.11 PM IST
- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...07 Jul, 2026, 01.41 PM IST
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...29 Jun, 2026, 07.10 PM IST
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