Search For "crude oil"
India further ups Russian crude imports as EU's price cap kicks in: SP Glo
Updated : 3 years, 3 months ago IST
India's crude oil imports from Russia have increased manifold in the past few months so as to secure the country's energy security. A large portion of India's energy demand is met through imports.
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What to expect from markets on Monday
Updated : 3 years, 3 months ago IST
The global markets are expecting an aggressive hike in policy rates by Federal Reserve next week. If the Fed hike its monetary policy rates, the global markets are bound to react to the policy change and eventually the country's markets, in a way, will be influenced by the hike. In another d
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"It's sensible policy to go where we get the best deal..." EAM Jaishankar
Updated : 3 years, 3 months ago IST
Defending India's stance on importing crude oil from Russia, External Affairs Minister S Jaishankar on Tuesday said that it's a sensible policy to go where we get the best deal in the interest of the Indian citizens.
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RBI hikes repo rate to keep inflation anchored
Updated : 3 years, 3 months ago IST
The inflation trajectory has largely evolved in line with the outlook given by us in June 2022, Shaktikanta Das said, adding that going forward, food inflation is likely to moderate with the usual winter softening and the likelihood of a bountiful rabi harvest.
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Bharat Jodo Yatra is "democratic" voice against PM's "loot tantra": Rahul
Updated : 3 years, 3 months ago IST
Congress leader Rahul Gandhi on Saturday took a swipe at the ruling Bharatiya Janata Party (BJP) and questioned the government why the prices of petrol, diesel and gas cylinders have not come down even after the Crude Oil and LPG price have been slashed in the international market.
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Russia among India's top three oil suppliers: Govt sources
Updated : 3 years, 3 months ago IST
Petroleum ministry sources said there is an assurance from oil suppliers and there is no possibility of disruption.
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South Korean exports expected to continue to decrease in fourth quarter
Updated : 3 years, 3 months ago IST
Although the South Korean economy continued to grow for nine consecutive quarters since March 2020 (2.3 per cent), the growth rate has decreased to a half of the second quarter (0.7 per cent). In particular, trade balance has significantly decreased. Exports increased 1.1 per cent due to dec
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Russia refuses to give Pakistan 30-40pc discount on crude oil
Updated : 3 years, 3 months ago IST
Earlier, on Wednesday, the Pakistani delegation comprises of State Minister for Petroleum Musadik Malik, joint secretary and officials of the Pakistan Embassy in Moscow, asked for a discount during talks in Moscow.
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Core industries' growth slows to 0.1 per cent in Oct
Updated : 3 years, 3 months ago IST
The index of eight core industries (ICI) measures combined and individual performance of production in selected eight core industries namely coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.
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Iran, India complete each other: Iranian Deputy Foreign Minister
Updated : 3 years, 4 months ago IST
India-Iran commercial ties were traditionally dominated by the Indian import of Iranian crude oil. In 2018-19 India imported USD 12.11 billion worth of crude oil from Iran. However, following the end of the Significant Reduction Exemption (SRE) period on May 2, 2019, India has suspended impo
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"Modi govt feels no pressure," says minister Puri ahead of Dec 5 deadline
Updated : 3 years, 4 months ago IST
Petroleum minister Hardeep Singh Puri made the remarks at a press conference on the sidelines of World LPG Week 2022 held in Greater Noida on Wednesday.
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India's October crude oil demand gets festive season boost: S&P Global
Updated : 3 years, 4 months ago IST
India's oil product demand during October increased month-on-month by 113,000 barrels per day, supported by an uptick in economic activities in the post-monsoon season and the Diwali festival, acoording to S&P Global Commodity Insights.
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