Search For "crude"
India stocks erase early gains over possible delay in US trade deal finali
Updated : 4 months, 3 weeks ago IST
Indian stock indices surrendered most of their gains from Thursday as the session progressed, mainly due to US sanctions on key Russian crude majors and indications that the US deal may not be finalised soon, analysts said. Profit booking by investors also likely weighed on the stock indi
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India's crude import costs rise as Russian share dips, amid pressure to re
Updated : 4 months, 3 weeks ago IST
India's average crude import cost has increased sharply versus the Dubai benchmark, in FY2026 so far, even as the share of Russian crude in the country's oil basket has declined, said Kotak Institutional Equities in its latest report.
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"Basic mistake by this govt, foreign policy should never be made personal"
Updated : 4 months, 3 weeks ago IST
Congress leader Mani Shankar Aiyar on Tuesday criticised the Centre for personalising foreign policy decisions, amid US President Donald Trump's continued tariff threats against India over its purchase of Russian oil. Aiyar urged the government to involve foreign policy experts in such cr
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India, Brazil to strengthen energy partnership: Union Minister Hardeep Sin
Updated : 4 months, 4 weeks 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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India's growth cycle may be bottoming out, domestic fundamentals strong fo
Updated : 5 months ago IST
India's growth cycle may be bottoming out with strong domestic fundamentals supportive of a pick-up in growth going forward, according to a report by HSBC Mutual Fund.
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ONGC expects crude oil prices to stay around USD 65 per barrel in current
Updated : 5 months 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 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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Jindal Steel Commissions New 3 MTPA Basic Oxygen Furnace at Angul, Expands
Updated : 5 months, 1 week ago IST
Angul (Odisha) [India], September 30: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has risen f
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India moving ahead with strong focus on clean mobility and renewables, say
Updated : 5 months, 1 week ago IST
Experts and industry leaders, at the 6th International Energy Conference and Exhibition, said India's journey towards cleaner and more sustainable mobility is moving steadily with a strong focus on alternate fuels, renewable energy, and reducing dependence on crude oil imports.
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"Optimist that India-US will find common ground": New Jersey Governor Phil
Updated : 5 months, 1 week ago IST
New Jersey Governor Phil Murphy remained optimistic that India-US will find a common ground over the 50 per cent imposed on New Delhi by Washington, including an additional penalty of 25 per cent for purchasing discounted crude oil from Russia.
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Despite tariff, geo-political challenges, India's CAD to remain under 1%
Updated : 5 months, 1 week ago IST
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
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Crude oil prices to remain stable during rest of 2025: Anish De, KPMG ener
Updated : 5 months, 1 week ago IST
Global crude oil prices are expected to remain very stable in 2025, according to Anish De, Global Sector Head, Energy, Natural Resources and Chemicals at multinational professional services firm KPMG International, who sees no reason for the oil to drop off or spike up suddenly.
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