Search For "crude oil"
Indian equity inflows from Russia tripled in FY25, highest in four years:
Updated : 3 months, 3 weeks ago IST
Russian FDI equity inflows into India surged more than threefold in FY2025 to USD 18.45 million, up from USD 5.16 million in FY2024, marking the highest level in four years and a renewal in economic engagement between the two countries.
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Oil PSUs LPG losses stands at Rs 53,700 cr, likely to get Govt subsidy of
Updated : 4 months ago IST
Oil Marketing Companies (OMCs) continue to face heavy financial pressure from LPG under-recoveries, even as the government prepares to release subsidies over the coming months, highlighted a report by Nuvama Research.
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 4 months, 1 week ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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India's growth cycle bottoming out, with indicators like interest rate and
Updated : 4 months, 2 weeks ago IST
The domestic growth cycle may be bottoming out, with low interest rates and liquidity cycles, a decline in crude oil prices, and a normal monsoon--all supportive of stronger growth prospects for the Indian economy in the coming months, according to a report by HSBC Mutual Fund.
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Crude oil prices surge as US shutdown ends, experts bearish on oil outlook
Updated : 4 months, 2 weeks ago IST
US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The agreement, backed by at least eight Senate Democrats, would fund the government through January 30 and include a vote on extending Affordable Care Act subsidies in December.
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PM Modi attends India Maritime Week 2025 in Mumbai
Updated : 4 months, 3 weeks ago IST
India Maritime Week 2025 has brought together participants from over 100 countries, 500 exhibitors, and more than one lakh delegates to forge partnerships that will shape the future of global maritime trade.
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India to build own fleet of oil tankers, aims to cut USD 8 Billion charter
Updated : 4 months, 3 weeks ago IST
India is planning a major shift in its energy shipping strategy by building its own fleet of oil tankers to reduce the massive freight costs currently paid to foreign vessel operators, Union Petroleum and Natural Gas Minister Hardeep Singh Puri announced on Wednesday.
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Assessing implications of EU, UK, US move on oil imports from Russia, wil
Updated : 5 months ago IST
Reliance Industries said on Friday that it is assessing the implications, including the new compliance requirements, of the recent restrictions announced by the European Union, United Kingdom and the United States on crude oil imports from Russia and export of refined products to Europe a
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International crude oil defies US sanctions, prices cool off after 5% surg
Updated : 5 months ago IST
International crude oil prices traded largely range bound Friday, oscillating between marginal gains and losses, with analysts attributing them to mild profit booking.
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India, Brazil to strengthen energy partnership: Union Minister Hardeep Sin
Updated : 5 months, 1 week ago IST
After meeting Brazilian Vice President Geraldo Alckmin, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said India and Brazil are working to expand their long-standing partnership, especially in the energy sector. He said India currently buys around USD 2.5 billion worth of c
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ONGC expects crude oil prices to stay around USD 65 per barrel in current
Updated : 5 months, 1 week ago IST
Oil and Natural Gas Corporation (ONGC) expects global crude oil prices to stay between USD 60 and USD 65 per barrel in the current market situation. The company said it is preparing for a steady phase of operations in a USD 60-per-barrel environment and is not anticipating any major decline
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US sanctions over 50 entities, including Indian nationals, for facilitatin
Updated : 5 months, 2 weeks ago IST
According to a release by the US Department of the Treasury, these actors have collectively enabled the export of billions of dollars' worth of petroleum and petroleum products, providing critical revenue to the Iranian regime and its support for terrorist groups that threaten the United Sta
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