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ORGANIZATION OF THE PETROLEUM EXPORTING COUNTRIES
India's exports rise across geographies; Africa, ASEAN lead growth in Apr-AugIndia's merchandise exports increased significantly across different regions from April to August this fiscal year. Exports to Africa saw a...- Trump looks to rein in fuel prices ahead of midterms; waives threat of 100% tariffs on India over Russian oil, citing ‘national interest’ as US inks diesel pact with MoscowUS President Donald Trump has waived fresh sanctions and duties on Russian energy exports under a new law, citing national interest and eas...
- International Oil prices to jump 'super spike', claims energy research analyst, predicts global oil ratesInternational Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had n...
- Commerce Ministry organizes “Leveraging FTAs” outreach program in Jaipur to boost exportsThe Commerce Ministry organized an outreach event in Jaipur, targeting exporters to clarify the use of benefits provided by India's free tr...
- Iran ships some LPG, jet fuel despite US blockade, data showsIran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involve...
- India sets zero sugar diversion for ethanol in 2026/27 tenderIndia has instructed oil marketing companies to cease sugar diversion for ethanol production by the year 2026-27. This decision arises amid...
- Beyond Oil: How bioenergy investments can rebalance India-Russia tradeRussia now exports more than $60 billion worth of goods annually to India, primarily crude oil, petroleum products, coal, and fertilisers.
- The $50-billion question: Who gets what as India and Canada aim to strike a trade deal?India and Canada are currently negotiating a free trade agreement designed to enhance bilateral trade significantly. Nearly 300 Canadian bu...
- India's September goods exports rise 23% as imports hit six-month low, narrowing trade deficitIndia's goods exports surged by 23% in September, totaling $44.4 billion, supported by significant gains in electronics, petroleum, and eng...
- India's trade deficit widens to $30.21 billion in September despite 23% jump in exportsIn September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boo...
- World Health Organization informs countries to improve efforts to prevent lead exposureThe World Health Organization (WHO) urges countries to expand their efforts to prevent lead exposure, especially to children who are vulner...
- Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
- India continues to advocate for stability in global energy market as US announces diesel deal with RussiaIndia's Ministry of External Affairs has reiterated its call for stability in global energy markets. Concerns were communicated to the US r...
- Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
- Oil prices climb as traders weigh Saudi supply risk, Russian diesel flowRecent developments have pushed oil prices higher as traders consider the supply uncertainties stemming from the ongoing conflict in Yemen....
- Need regional resolve to deter terror: Amit ShahAddressing the first Home Ministers' Meeting of BIMSTEC countries, Amit Shah said India follows a policy of zero tolerance towards terroris...
- From pharma to Scotch whisky, UK has "huge" export potential in India: Commerce Minister Piyush GoyalSpeaking at the India-UK JETCO Business Plenary on Monday, Goyal highlighted the complementary nature of the two economies and stressed the...
- Trump announces surprise diesel deal with Putin: How much will Russia ship and would it be enough to bring down prices?Donald Trump announced a new deal with Russia to import diesel aimed at reducing fuel prices in the US. Under the agreement, 300,000 tons w...
- Tanker attacks in Hormuz hit highest of any week since start of US-Iran warAttacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...
- India’s diesel exports hit 1-year high in September as record margins drive Europe shipmentsIndia’s diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners...
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