Search For "crude oil"
Indian refiners likely to face headwinds from new EU sanctions against Rus
Updated : 7 months, 2 weeks ago IST
Indian refiners are likely to be impacted by the European Union (EU) sanctions against Russia, as revealed in a recent report by ICRA.
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India to sustain 6-6.5% YoY real GDP growth in FY26, amid supportive domes
Updated : 7 months, 2 weeks ago IST
India is projected to maintain a steady 6-6.5 per cent year-on-year real GDP growth in FY26, supported by resilient domestic demand and potential relief from softer global crude oil prices, despite pressures from recent tariff hikes, according to a UBS report.
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India achieves 20% ethanol blending in petrol, five years ahead of schedul
Updated : 7 months, 2 weeks ago IST
India has successfully achieved 20% ethanol blending in petrol in 2025, five years ahead of its original 2030 target, Petroleum and Natural Gas Minister Hardeep Puri said on Wednesday.
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"Crude prices will come down as new sources of supplies are coming": Harde
Updated : 8 months, 1 week ago IST
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Thursday expressed optimism about a potential decline in oil prices, citing India's efforts to diversify its sources of energy imports.
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India's electronics boom offsets slump in traditional exports: GTRI
Updated : 8 months, 1 week ago IST
Driven by falling gold and crude oil shipments, India's merchandise imports show a declining trend in June 2025; however, exports remained flat, said Global Trade Research Initiative (GTRI) in its latest analysis.
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Global energy supply adequate despite regional conflicts, says Petroleum M
Updated : 8 months, 1 week ago IST
Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized that sufficient energy resources are available globally, despite ongoing geopolitical tensions that traditionally impact crude oil prices.
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Global energy supply adequate despite regional conflicts, says Petroleum M
Updated : 8 months, 1 week ago IST
Petroleum and Natural Gas Minister Hardeep Singh Puri emphasised that sufficient energy resources are available globally, despite ongoing geopolitical tensions that traditionally impact crude oil prices.
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India's growth cycle bottoming out; interest rate, decline in crude prices
Updated : 8 months, 2 weeks ago IST
India's economic growth cycle may be bottoming out, supported by a combination of favorable macroeconomic factors such as the interest rate and liquidity cycle, a decline in crude oil prices, and a forecast of a normal monsoon, according to a report by HSBC Mutual Fund.
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Trade deficit likely narrowed further in June amid cooling oil prices, slu
Updated : 8 months, 2 weeks ago IST
India's merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold imports, and a shift in sourcing strategy that helped offset global commodity volatility, said a report by U
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India's oil imports from Russia helped global markets to stabilise: Hardee
Updated : 8 months, 2 weeks ago IST
Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel.
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UAE supplies 40.8 pc of Japan's oil imports in May
Updated : 8 months, 4 weeks ago IST
The United Arab Emirates was Japan's top crude oil supplier in May 2025, providing Tokyo with 30.42 million barrels of crude oil, according to official Japanese data.
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Crude prices to ease amid de-escalation of geo-political issues, supply su
Updated : 9 months ago IST
Global crude oil prices are likely to see downside, weighed down by the de-escalation of the Israel-Iran conflict, soft demand and increasing supply, revealed a latest research report by ICICI Bank.
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