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PETROLEUM PRODUCTS EXPORTS
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...- Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
- 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...
- Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
- 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...
- Oil Price Today (October 14): Crude oil gains to $107 as Houthis attack Saudi Aramco building in new attacks. What are experts saying?Brent crude futures rose $1.40, or 1.35%, to $107.35 a barrel, while US West Texas Intermediate (WTI) crude futures gained $1.24, or 1.32%,...
- 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....
- Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next?Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...
- 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’s diesel deal with Putin may be lots of barrels but little bangDonald Trump announced a deal with Vladimir Putin to supply additional Russian diesel amid global fuel shortages. The agreement outlines th...
- 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...
- Asia races to stockpile oil, speed up renewables in response to Iran warAmid the uncertainties triggered by the Iran war, Asian countries are stepping up their oil storage frameworks. The Philippines is on a mis...
- 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...
- EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
- The sheer energy India brings with itIndia has provided power connections to over 300 million people since 2015 and improved gas supply accessibility. The country has installed...
- Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
- Haldia to revamp feedstock mix after Mideast war hit supplies, executive saysIn response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Cu...
- Despite G7, fuel inflation will remainG7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...
- Centre cuts windfall tax on diesel, ATF exports from October 1The Centre has decreased the windfall tax on diesel exports to ₹16 per litre and ATF exports to ₹10.5. This decision, effective from Octobe...
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