Search For "crude oil"
US to become key supplier of crude oil and gas to India as energy security
Updated : 1 year, 1 month ago IST
Following a meeting between Prime Minister Narendra Modi and US President Donald Trump, the two leaders strengthened their energy security partnership and stressed the growing collaboration between India and the United States, said MEA in its official statement.
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Crude prices to remain unaffected by US tariff threat, supply chain disrup
Updated : 1 year, 1 month ago IST
Amid the ongoing tariff threat from the US President Donald Trump, the crude oil prices will not be affected by it, says A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).
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India buys crude from clean entities, no embargo on Russian oil, says IOCL
Updated : 1 year, 1 month ago IST
India continues to purchase crude oil from various global suppliers while ensuring compliance with international sanctions, according to A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).
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Today there's more oil in market than takers: Union Minister Hardeep Puri
Updated : 1 year, 1 month ago IST
"India has diversified its sources of Oil supply, earlier we were importing crude oil from 27 countries now we are importing from 39 countries. If I can buy some from some source and I can buy it at a cheaper price, we are the winners," the Union Minister said in a BBC interview.
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India's oil demand to peak later than in other major economies: S&P Gl
Updated : 1 year, 1 month ago IST
India's refined crude demand will peak later than in other major economies, placing the country in the spotlight driving this demand, according to S&P Global Commodity Insights.
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IEA, OPEC will share insights on oil market during India Energy Week
Updated : 1 year, 1 month ago IST
IEW 2025 is scheduled to take place from February 11-14 in New Delhi's Yashobhoomi.
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Newly imposed Chinese tariffs to cover US exports worth USD 23.6 billion i
Updated : 1 year, 1 month ago IST
The new tariffs, set to take effect on February 10, provide a short window for potential negotiations between the two countries says a report by S&P Global Market Intelligence.
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China announces retaliatory tariffs on US, to impose 15 pc tariff on coal,
Updated : 1 year, 1 month ago IST
After the US government announced a 10 per cent tariff on all Chinese goods exported to America, China on Tuesday imposed additional tariffs on various US goods, including a 15 per cent tariff on coal and liquefied natural gas, and a 10 per cent tariff on crude oil starting from February
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Core industries grows by 4 pc in December; coal, electricity, steel, cemen
Updated : 1 year, 1 month ago IST
The ICI measures the combined and individual performance of the production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index
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Lower Brent prices to support margins for Indian fuel refiners: Fitch
Updated : 1 year, 1 month ago IST
Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains steady and Brent crude oil prices fall -- to USD 70 a barrel in 2025 and USD65 a barrel in 2026, said Fitch Ratings.
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Crude prices to stay between USD 75-85 in 1H2025, USD 65-75 in 2H2025: Rep
Updated : 1 year, 1 month ago IST
The international crude price outlook for 2025 will be driven by the prospect of an escalation in the trade war that is expected to depress Chinese demand, as per a report by ICICI Bank. The outlook also hinges on US President Donald Trump's energy policy regime.
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Fuel prices in India to remain stable amid fluctuating crude rates says In
Updated : 1 year, 2 months ago IST
Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney has reaffirmed the company's commitment to maintaining stable fuel prices despite fluctuating crude oil rates.
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