Search For "global crude"
If India were to stop buying Russian oil global crude prices could jump to
Updated : 10 months ago IST
Russian oil has never been sanctioned and is still not sanctioned by either the United States or the European Union.
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India to sustain 6-6.5% YoY real GDP growth in FY26, amid supportive domes
Updated : 10 months ago IST
India is projected to maintain a steady 6-6.5 per cent year-on-year real GDP growth in FY26, supported by resilient domestic demand and potential relief from softer global crude oil prices, despite pressures from recent tariff hikes, according to a UBS report.
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Impact of geopolitical issues like Israel-Iran conflict will be reflected
Updated : 10 months, 4 weeks 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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Crude prices to ease amid de-escalation of geo-political issues, supply su
Updated : 11 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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Surge in oil prices amid middle east tensions poses fresh challenges for I
Updated : 11 months, 3 weeks ago IST
Indian airlines are facing renewed pressure on profitability as escalating tensions in the Middle East threaten to push global crude oil prices to USD 100 per barrel, according to a report by Nuvama.
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 11 months, 3 weeks ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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Global crude prices to trade with a downward bias in 2025 in range of USD
Updated : 1 year ago IST
Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank.
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"Modi government 'squeezed' rightful share of states in cess on petrol, di
Updated : 1 year, 1 month ago IST
Congress President Mallikarjun Kharge on Tuesday hit out at the Modi government over the imposition of cess on petrol and diesel despite falling global crude oil prices and alleged that even though it has collected 38.89 lakh crore since 2014, it has "squeezed" the rightful share of states b
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"If you can't help, at least don't hurt": Tamil Nadu CM slams Centre over
Updated : 1 year, 2 months ago IST
In a post on X, Stalin accused the BJP-led Central government of hiking excise duty on petrol and diesel prices despite a drop in global crude oil rates, stating that citizens are not asking for a price cut but merely begging for no further increases.
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US sanctions on Russian Oil may impact India's imports and global crude pr
Updated : 1 year, 4 months ago IST
The US sanctions impose restrictions on two major Russian oil producers--Gazprom Neft and Surgutneftegaz--as well as 157 tankers, insurance companies, oilfield service providers, and traders.
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OPEC cuts oil demand forecast for 2024 due to weak intake from China
Updated : 1 year, 9 months ago IST
The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China.
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BPCL to invest USD 20 bn to expand refining capacity, targets global crude
Updated : 1 year, 11 months ago IST
This investment drive aims to ramp up refining capacity, expand petrochemical operations, bolster its network of retail fuel stations, and embrace clean energy initiatives, according to company sources.
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