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.
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.
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.
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.
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.
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
As per the data released by the Ministry of Commerce and Industry, the WPI inflation in November rose to -0.32% against -1.21% in October. The decrease was primarily driven by decrease in prices of food articles, mineral oils, crude petroleum and natural gas, the manufacture of basic metals
The annual rate of inflation based on the All-India Wholesale Price Index (WPI) recorded a contraction of 0.32 per cent for the month of November 2025, compared to the corresponding month of the previous year, according to data released by the Ministry of Commerce & Industr
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.
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.
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.