India Crude Oil
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RBI's Rupee Rescue Isn't Over Yet. Here's What May Come Next
The Reserve Bank of India's measures helped the currency rebound from a near record low but analysts are questioning how long the relief can last.
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Petrol, Diesel Prices On September 12: Check New Fuel Rates In Mumbai, Delhi, Chennai, Kolkata And More
Crude prices eased on September 12 after hitting multi-month highs, while Hormuz tensions threaten supply. India’s petrol and diesel prices remain unchanged despite rising costs and a 6.3% August fuel-demand decline.
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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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Russian Oil Imports Hit Two-Year High As India's Post-Hormuz Strategy Takes Shape
Venezuelan and Kazakhstani supplies also rise sharply as India reworks sourcing strategy.
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India Speeds Up Oil, LPG Import Deals Amid Middle East Supply Shock
India has fast-tracked signing of contracts to diversify import crude oil and LPG, industry sources told NDTV Thursday. Sources said contracts are being finalised after 'detailed negotiations on rates that suits India's economic interests'.
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Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
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Strait Of Hormuz: When A Narrow Waterway Dictates India's Economic Weather
The crisis unfolding across the Middle East has pushed an old geographic truth back into the foreground: a thin blue channel, wedged between hostile shores, can rattle an entire economy thousands of kilometres away.
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Will Continue To Buy Cheap, Best Quality Oil: Centre To Parliamentary Panel
The government on informed a parliamentary panel that India will continue to import crude oil from the countries where it is cheap and of the best quality, and the Indian oil companies will purchase oil, considering the geopolitical situation.
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Open To Importing Venezuelan Crude Oil Based On Commercial Viability: India
India on Thursday said that it continues to keep its options open for sourcing crude oil from Venezuela and other regions, depending on commercial viability, amidst claims by the United States that it has stopped buying Russian oil.
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India's Crude Oil Imports Dropped To Near 18-Month Low In July: Report
India's crude oil imports fell 8.7% in July to 18.56 million metric tons month-on-month, the lowest level since February 2024, government data showed on Monday.
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What Oil At $50 A Barrel Means For India, World Economy
Energy slump is a game changer for India and could mean the Reserve Bank of India shifts to a neutral outlook, says Bloomberg Economics.
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Government Says Volatile Crude Oil Prices Pose Concerns For Economy
The Reserve Bank of India's monetary policy committee left policy interest rates unchanged on Friday, lowering its retail inflation projections to 5.3%.
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Crude Oil Imports Rise To 3-Month High In August On Higher Demand
Crude oil imports last month rose 15.8 per cent versus July and were also 3.1 per cent higher than a year-ago at 17.39 million tonnes
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India's April Crude Oil Buy At More Than 3-Year High
India's April crude oil imports were the highest in three and a half years as it ramped up discounted Russian oil purchases
-
RBI's Rupee Rescue Isn't Over Yet. Here's What May Come Next
The Reserve Bank of India's measures helped the currency rebound from a near record low but analysts are questioning how long the relief can last.
-
Petrol, Diesel Prices On September 12: Check New Fuel Rates In Mumbai, Delhi, Chennai, Kolkata And More
Crude prices eased on September 12 after hitting multi-month highs, while Hormuz tensions threaten supply. India’s petrol and diesel prices remain unchanged despite rising costs and a 6.3% August fuel-demand decline.
-
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.
-
Russian Oil Imports Hit Two-Year High As India's Post-Hormuz Strategy Takes Shape
Venezuelan and Kazakhstani supplies also rise sharply as India reworks sourcing strategy.
-
India Speeds Up Oil, LPG Import Deals Amid Middle East Supply Shock
India has fast-tracked signing of contracts to diversify import crude oil and LPG, industry sources told NDTV Thursday. Sources said contracts are being finalised after 'detailed negotiations on rates that suits India's economic interests'.
-
Iran War Pushes India's Crude Oil Basket To $85/barrel, A 19-month High
The price of the Indian basket of crude oil rising to $85.24 per barrel on March 4, the highest level since July 2024.
-
Strait Of Hormuz: When A Narrow Waterway Dictates India's Economic Weather
The crisis unfolding across the Middle East has pushed an old geographic truth back into the foreground: a thin blue channel, wedged between hostile shores, can rattle an entire economy thousands of kilometres away.
-
Will Continue To Buy Cheap, Best Quality Oil: Centre To Parliamentary Panel
The government on informed a parliamentary panel that India will continue to import crude oil from the countries where it is cheap and of the best quality, and the Indian oil companies will purchase oil, considering the geopolitical situation.
-
Open To Importing Venezuelan Crude Oil Based On Commercial Viability: India
India on Thursday said that it continues to keep its options open for sourcing crude oil from Venezuela and other regions, depending on commercial viability, amidst claims by the United States that it has stopped buying Russian oil.
-
India's Crude Oil Imports Dropped To Near 18-Month Low In July: Report
India's crude oil imports fell 8.7% in July to 18.56 million metric tons month-on-month, the lowest level since February 2024, government data showed on Monday.
-
What Oil At $50 A Barrel Means For India, World Economy
Energy slump is a game changer for India and could mean the Reserve Bank of India shifts to a neutral outlook, says Bloomberg Economics.
-
Government Says Volatile Crude Oil Prices Pose Concerns For Economy
The Reserve Bank of India's monetary policy committee left policy interest rates unchanged on Friday, lowering its retail inflation projections to 5.3%.
-
Crude Oil Imports Rise To 3-Month High In August On Higher Demand
Crude oil imports last month rose 15.8 per cent versus July and were also 3.1 per cent higher than a year-ago at 17.39 million tonnes
-
India's April Crude Oil Buy At More Than 3-Year High
India's April crude oil imports were the highest in three and a half years as it ramped up discounted Russian oil purchases
