Search For "crude"
India's electronics boom offsets slump in traditional exports: GTRI
Updated : 8 months ago IST
Driven by falling gold and crude oil shipments, India's merchandise imports show a declining trend in June 2025; however, exports remained flat, said Global Trade Research Initiative (GTRI) in its latest analysis.
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Global energy supply adequate despite regional conflicts, says Petroleum M
Updated : 8 months ago IST
Petroleum and Natural Gas Minister Hardeep Singh Puri emphasized that sufficient energy resources are available globally, despite ongoing geopolitical tensions that traditionally impact crude oil prices.
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Global energy supply adequate despite regional conflicts, says Petroleum M
Updated : 8 months ago IST
Petroleum and Natural Gas Minister Hardeep Singh Puri emphasised that sufficient energy resources are available globally, despite ongoing geopolitical tensions that traditionally impact crude oil prices.
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Impact of geopolitical issues like Israel-Iran conflict will be reflected
Updated : 8 months ago IST
India's export data for the month of June 2025 will be released later in the day. Amid Iran-Israel hostilities that ended in a ceasefire, uncertainties on US tariffs and a relative spike in global crude prices is likely to have its impact on June trade data.
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India's growth cycle bottoming out; interest rate, decline in crude prices
Updated : 8 months ago IST
India's economic growth cycle may be bottoming out, supported by a combination of favorable macroeconomic factors such as the interest rate and liquidity cycle, a decline in crude oil prices, and a forecast of a normal monsoon, according to a report by HSBC Mutual Fund.
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Trade deficit likely narrowed further in June amid cooling oil prices, slu
Updated : 8 months ago IST
India's merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold imports, and a shift in sourcing strategy that helped offset global commodity volatility, said a report by U
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India's oil imports from Russia helped global markets to stabilise: Hardee
Updated : 8 months, 1 week ago IST
Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel.
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UAE supplies 40.8 pc of Japan's oil imports in May
Updated : 8 months, 2 weeks ago IST
The United Arab Emirates was Japan's top crude oil supplier in May 2025, providing Tokyo with 30.42 million barrels of crude oil, according to official Japanese data.
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S&P Global warns geopolitical tensions may hit global oil demand
Updated : 8 months, 2 weeks ago IST
The latest report by S&P Global highlights that geopolitical tensions and shifting trade policies could potentially have a negative impact on the global oil demand.
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Crude prices to ease amid de-escalation of geo-political issues, supply su
Updated : 8 months, 2 weeks ago IST
Global crude oil prices are likely to see downside, weighed down by the de-escalation of the Israel-Iran conflict, soft demand and increasing supply, revealed a latest research report by ICICI Bank.
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India's oil import from Iran "depends on market factors, prevailing globa
Updated : 8 months, 2 weeks ago IST
The Ministry of External Affairs clarified India's position on importing crude oil from Iran on Wednesday, stating that energy purchases are based on "market factors and the prevailing global situation."
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S&P Global ups India's GDP growth forecasts for 2025 and 2026
Updated : 8 months, 3 weeks ago IST
S&P Global has revised its Gross Domestic Product (GDP) growth forecasts for India upwards for both 2025 and 2026, citing resilient domestic demand as a key driver.
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