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3 mins read
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
1 min read
Russia's oil revenue plummeted 29% in October amid volatile global crude prices
One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% …
Jennifer Sor
4 mins read
Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra
A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…
2 mins read
India's oil, gas exploration offers USD 100 billion opportunity: Oil Minister Hardeep Singh Puri
Oil Minister Hardeep Singh Puri on Thursday called for stepping up oil and gas hunt to cut India's …
PTI
2 mins read
Rupee falls 12 paise to 83.56 against US dollar in early trade
The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on Tuesday, weighed do…
PTI
2 mins read
Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL
India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…
ANI
2 mins read
India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…
ANI
3 mins read
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
2 mins read
RBI sees price of India's crude oil imports at $85 a barrel in FY25
The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi…
4 mins read
2 of the world's biggest oil producers are looking for new ways to power their economies
The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.
Huileng Tan
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.50, and touched 83.49 in …
PTI
2 mins read
Rupee turns flat at 83.43 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened strong at 83.41 but later slipped t…
PTI
1 min read
India's trade deficit shoots up in October due to spike in oil prices
India's merchandise trade deficit in October stood at $31.46 billion as the country's imports shot …
3 mins read
JD Vance says pumping more oil will make housing cheaper. Economists say that's a stretch.
Economists say when it comes to home building, looser rules, cheaper building materials, and more w…
Eliza Relman
3 mins read
India imports $12.4 billion worth of crude from Russia but discounts are waning
India has been enjoying the discounted crude oil from Russia for over a year now. But the discount …
2 mins read
How plunging oil prices could help the US avoid recession
Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…
Filip De Mott
3 mins read
India's exports dip 1.2% in Jul to enter negative zone; trade deficit widens to $23.5 bn
Crue oil imports rose 17.44 per cent to USD 13.87 billion, while silver imports jumped 439 per c…
PTI
1 min read
Winter winds are freezing Russia's crude oil shipments to China
Icy winds and freezing temperatures disrupted Russian oil flows from a key Pacific port, bringing a…
Aruni Soni
3 mins read
India's Russian oil imports now double of Iraq
India's imports of crude oil from Russia touched a new high of 1.64 million barrels per day in Ma…
PTI
2 mins read
India's vegetable oils import up 16% in 2022-23 oil year
India's vegetable oils import rose 16% to 167.1 lakh tonnes in the current oil year that ended in O…