Search For "crude oil"
India unaffected by US action on Venezuela due to limited trade: GTRI
Updated : 2 months, 2 weeks ago IST
The ongoing crisis in Venezuela is unlikely to have any material economic or energy impact for India, asserted India-based think tank Global Trade Research Initiative (GTRI).
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Domestic natural gas consumption to surge by 3–4% in FY27 by expansion of
Updated : 2 months, 3 weeks ago IST
The domestic natural gas consumption is expected to rebound and grow by 3-4 per cent year-on-year in FY2027 after witnessing a phase of near-term moderation in FY2026, according to a report by ICRA.
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Guyana invites Indian companies to bid in oil blocks auction in 2026
Updated : 2 months, 3 weeks ago IST
Seeking to diversify players in the fast-growing energy sector, Guyana has invited Indian companies to participate in the exploration and production of crude oil, with oil blocks slated for auction in 2026.
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Crude oil prices to remain low in 2026 due to surplus production and suppl
Updated : 2 months, 3 weeks ago IST
Global crude oil prices are expected to remain under pressure in 2026 as the global oil market is likely to face a sustained supply surplus, according to a report by ING Bank, a global banking and financial services major.
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Crude Oil to remain under pressure in 2026 as oversupply outweighs geopoli
Updated : 2 months, 3 weeks ago IST
According to government data, during 2024-25 (April-March) India imported around 300 million metric tonnes of crude and petroleum products, meeting about 88% of the requirements through imports.
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Falling crude prices, surplus services exports & steady remittance to keep
Updated : 3 months ago IST
Falling crude oil prices, a surplus in services exports and steady remittance inflows are expected to prevent India's current account deficit (CAD) from widening sharply, even as goods exports face pressure from global headwinds, according to a report by Crisil.
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Russian crude curbs, lower oil prices to shape earnings outlook for IOC, B
Updated : 3 months ago IST
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
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Venezuela's oil exports shrivel as US seizes tanker off its coast
Updated : 3 months, 1 week ago IST
Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera's sources stated, after the US announced that it would seize more vessels as part of its military pressure on Venezuela's President Nicolas Maduro.
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Russian Oil exports drop sharply in November as sanctions concerns weigh o
Updated : 3 months, 1 week ago IST
Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.
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India can expand exports to Russia from USD 5 bn to USD 35 bn by 2030: GTR
Updated : 3 months, 2 weeks ago IST
India has the potential to raise its merchandise exports to Russia from about USD 5 billion to nearly USD 35 billion by 2030, according to a GTRI report, as President Vladimir Putin's visit to Delhi places renewed focus on narrowing the wide trade gap between the two countries.
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"Huge fall...": Manish Tewari moves adjournment motion in LS, demands deba
Updated : 3 months, 2 weeks ago IST
Congress MP Manish Tewari on Friday moved an adjournment motion in the Lok Sabha, demanding that the poor performance of the rupee be discussed in the Lower House after the Indian currency continued to decline to a new low of 90.43 against the dollar.
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Rupee reaches all-time low against US dollar, experts point to sectors tha
Updated : 3 months, 3 weeks ago IST
The Indian rupee plunged to an all-time low against the US dollar on Wednesday, crossing the psychologically significant 90 mark amid foreign fund outflows. The development came amid firm crude oil prices and perceived uncertainty around the India-US trade deal.
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