Crude Oil
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India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply.
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Brent Price Briefly Touches $80 A Barrel After Fresh Iran-US Tensions
This comes after US President Donald Trump said the ceasefire with Iran was over.
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Russia Turns To India For Fuel Amid Shortages: Report
Gasoline consumption in Russia is at least 110,000 tons per day in summer, when demand for fuel is high.
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India's Oil Import Cost Falls Below $70, But Fuel Prices May Not Drop. Why?
The latest decline is expected to reduce the country's oil import bill and improve macroeconomic indicators, including inflation and trade balance.
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US Lifts Oil Sanctions On Iran Till August 21 As Deal Talks Continue
Treasury Secretary Scott Bessent cited Tehran's commitment in ongoing negotiations to "free and open transit" in the Strait of Hormuz.
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Is The Worst Over? Expert Decodes US-Iran Deal Impact On Inflation, Rupee
Aviation, logistics, chemicals, paints, tyres and cement companies are among the sectors that are likely to benefit when fuel prices decline.
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Airlines Spent 78% More On Jet Fuel Despite Lesser Utilisation: US Data
US carriers spent $6.5 billion on fuel in April, compared with about $3.6 billion a year earlier, according to the Bureau of Transportation Statistics
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Opinion | Rs 1 Lakh Crore Gone, And Counting: Worse May Be Coming For India's Oil Shock
Cuts in central excise on petrol and diesel cost the Centre roughly $1.18 billion a month in forgone revenue.
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Watch: US Forces Board Oil Tanker Carrying Iranian Crude In Indian Ocean
The Davina was sanctioned in 2024 by the US Treasury, which said it had delivered oil from Iran to China.
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Opinion | India's Oil Reserves: How Long Can They Last As Iran War Continues?
From a future energy security perspective, India will have to significantly enhance its SPR capacities from 17 days to a minimum of 45 days on land, with the possibility of another 10-15 days of SPR on sea on tankers.
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Global Crude Crisis, Rising Petrol-Diesel Prices: Is Hydrogen The Future Fuel?
As crude prices rise, hydrogen emerges as a potential alternative. Here's whether it can realistically power India's mobility future.
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Fuel Up Rs 3: Why Petrol, Diesel Prices Rose After Weeks Of Centre Holding The Line
Petrol, Diesel Price Today: The ongoing conflict in Iran disturbed global oil supply. The Rs 3 increase does not fully cover the losses.
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Crude, Refining, Distribution: How Retail Price Of Gas Is Calculated
Because the price of crude oil is the largest element, most of the price at the pump is derived from the global oil market.
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In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
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Trump Vindicated? Iran Crisis Turning US Crude Into World's Safe Bet
As Iranbacked forces block the Strait of Hormuz, refiners race to reroute US Gulf crude through the Panama Canal paying historic premiums just to pass through.
-
India Bought $5.14 Billion Russian Oil In June Despite Pressure. Here's Why
Indian refiners have increased purchases not just from Russia but also from Latin America. Meanwhile, Middle East imports to India fell sharply.
-
Brent Price Briefly Touches $80 A Barrel After Fresh Iran-US Tensions
This comes after US President Donald Trump said the ceasefire with Iran was over.
-
Russia Turns To India For Fuel Amid Shortages: Report
Gasoline consumption in Russia is at least 110,000 tons per day in summer, when demand for fuel is high.
-
India's Oil Import Cost Falls Below $70, But Fuel Prices May Not Drop. Why?
The latest decline is expected to reduce the country's oil import bill and improve macroeconomic indicators, including inflation and trade balance.
-
US Lifts Oil Sanctions On Iran Till August 21 As Deal Talks Continue
Treasury Secretary Scott Bessent cited Tehran's commitment in ongoing negotiations to "free and open transit" in the Strait of Hormuz.
-
Is The Worst Over? Expert Decodes US-Iran Deal Impact On Inflation, Rupee
Aviation, logistics, chemicals, paints, tyres and cement companies are among the sectors that are likely to benefit when fuel prices decline.
-
Airlines Spent 78% More On Jet Fuel Despite Lesser Utilisation: US Data
US carriers spent $6.5 billion on fuel in April, compared with about $3.6 billion a year earlier, according to the Bureau of Transportation Statistics
-
Opinion | Rs 1 Lakh Crore Gone, And Counting: Worse May Be Coming For India's Oil Shock
Cuts in central excise on petrol and diesel cost the Centre roughly $1.18 billion a month in forgone revenue.
-
Watch: US Forces Board Oil Tanker Carrying Iranian Crude In Indian Ocean
The Davina was sanctioned in 2024 by the US Treasury, which said it had delivered oil from Iran to China.
-
Opinion | India's Oil Reserves: How Long Can They Last As Iran War Continues?
From a future energy security perspective, India will have to significantly enhance its SPR capacities from 17 days to a minimum of 45 days on land, with the possibility of another 10-15 days of SPR on sea on tankers.
-
Global Crude Crisis, Rising Petrol-Diesel Prices: Is Hydrogen The Future Fuel?
As crude prices rise, hydrogen emerges as a potential alternative. Here's whether it can realistically power India's mobility future.
-
Fuel Up Rs 3: Why Petrol, Diesel Prices Rose After Weeks Of Centre Holding The Line
Petrol, Diesel Price Today: The ongoing conflict in Iran disturbed global oil supply. The Rs 3 increase does not fully cover the losses.
-
Crude, Refining, Distribution: How Retail Price Of Gas Is Calculated
Because the price of crude oil is the largest element, most of the price at the pump is derived from the global oil market.
-
In 22 Days, Iran Will Run Out Of Place To Store Oil It Produces. What's Next?
The looming storage crunch is threatening to accelerate production cuts in what was once the second-largest source of crude under the Organisation of Petroleum Exporting Countries (OPEC). P
-
Trump Vindicated? Iran Crisis Turning US Crude Into World's Safe Bet
As Iranbacked forces block the Strait of Hormuz, refiners race to reroute US Gulf crude through the Panama Canal paying historic premiums just to pass through.
