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OIL IMPORTS
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- India bonds slip as US-Iran risks derail post-policy rallyIndian government bonds faced pressure early Monday. Escalating U.S.-Iran tensions pushed oil prices higher. This overshadowed recent suppo...
- South America to ramp up India outreach despite geographyIn an era of growing diplomatic relations, South American countries are increasingly turning to India, with Argentina leading the charge by...
- Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan SharmaFuel prices are climbing globally, impacting Indian households. The West Asia conflict is driving up crude oil costs, making higher fuel pr...
- India sets standard pack sizes for cooking oils to help shoppers compare pricesIndia has ordered cooking oil makers and importers to use only nine standard pack sizes. This move aims to help shoppers easily compare pri...
- 'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...
- Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy securityMaruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lo...
- Indian companies willing to deepen presence in Venezuela, says Minister Hardeep Singh PuriIndia is looking to deepen its energy partnership with Venezuela, with Indian companies expressing readiness to expand their presence. This...
- RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
- Maruti unveils India's first flex-fuel car: What is a flex fuel vehicle? How does it work? Will it cut your fuel bill? Here's allMaruti Suzuki has introduced India's first flex-fuel passenger car. This technology allows vehicles to run on petrol or petrol-ethanol blen...
- Hero MotoCorp shares rise 3% as firm unveils India's first 100cc flex-fuel motorcycles. Check detailsHero MotoCorp shares gained 3%, after launching India's first flex-fuel motorcycles, the Splendor+ and HF Deluxe, supporting sustainable mo...
- Venezuela's acting President Delcy RodrÃguez begins India visit as oil ties deepenVenezuela's acting President Delcy Eloina Rodriguez Gomez is in India for a five-day visit. She will meet Prime Minister Narendra Modi. The...
- Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
- Venezuela's interim President Rodriguez to visit India as oil imports riseVenezuela's interim President Delcy Rodriguez will travel to India on Wednesday for a five-day visit, the foreign ministry said, as New Del...
- Indian refiners shift to soyoil in May as palm oil loses price advantageIndia's edible oil imports increased in May, driven by a surge in soyoil purchases. Palm oil imports saw a slight rise but remained below a...
- Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
- Rupee soars to best day in nearly two months, closes at 95 vs USD as RBI steps in, oil dropsThe rupee saw a significant jump on Friday, its best single-day gain in two months. This surge was driven by likely intervention from the c...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
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