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OIL PRICES INDIA
Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
India bonds little changed; traders track oil moves in run-up to RBI decisionIndian government bonds remained stable early on Wednesday, supported by lower oil prices amid selling pressure. The benchmark 10-year yiel...
India bonds rally as oil below $100 calms inflation jittersIndia, which imports roughly 90% of its crude oil needs, is particularly exposed to swings in global oil prices, with elevated oil prices a...
Rupee sways with oil and intervention cues, keeping traders light-footedTraders pointed to media reports stating that Iran had offered to reopen the Strait of Hormuz, a key energy artery,if the US eases military...
India’s oil buyers may cut Russia cargoes as US risk risesIndian refiners may reduce Russian crude imports amid new US sanctions. This move comes as the US legislation allows tariffs on countries b...
BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
Rupee ends marginally higher in subdued trade, forward premiums easeAsian currencies were mostly range-bound, while regional equities advanced after oil prices fell 2%, as investors hoped for diplomatic prog...
India soyoil imports to rise to record high on price competitivenessIndia's soyoil imports are projected to reach a record high in the upcoming marketing year. Higher soyoil purchases will offset declining s...
'Kya hua tera vada': Congress takes a dig at PM Modi on rising prices of food itemsThe Congress party has criticized the Modi government over rising food item prices. Essential commodity costs have significantly increased,...
US' nips at Moscow may sour India tiesIndia voices strong opposition to potential US tariffs on Russian oil imports. This move could negatively impact India-US relations and glo...
Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank"In the near term, priorities will be to manage liquidity, gradually lower the sizable forwards book and support the domestic currency. Lon...
Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
New US sanctions bill on Russia puts Modi in a bindIndia faces a difficult energy policy choice regarding Russian oil imports. Potential US tariffs threaten Indian exports and bilateral trad...
The mood, as per Moody's: Shocks keep coming, India keeps growingMoody’s has raised India’s FY27 real GDP growth forecast to 7% from 6%, citing the economy’s resilience amid the Middle East conflict and e...
View: As oil tops $100, India needs a wider, smarter fuel security strategyRising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel v...
Replacing Russian crude near impossible for Indian refiners as US sanctions bill threatens 100% tariff, say executivesIndian refiners face challenges replacing Russian crude imports due to new US legislation. Many key suppliers are already cut off, complica...
OIL CMD Ranjit Rath outlines the company's growth prioritiesOIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...
Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...