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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
2 mins read
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…
Huileng Tan
3 mins read
Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.
ExxonMobil CEO Darren Woods said there isn't much opportunity for the oil industry to increase prod…
Catherine Boudreau,Jacob Zink…
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…
5 mins read
The US-China tech race is moving from chips to the raw materials they're made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say …
Huileng Tan,Katherine Tangala…
4 mins read
The US is on the cusp of a lithium boom to loosen China's grip on EVs
The Biden administration is encouraging US lithium mining through a mix of loans, grants, and tax b…
Catherine Boudreau
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
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
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
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
4 mins read
A doctor who says he's reversed his age by 20 years eats these 7 foods every week to boost his longevity
Completely changing your diet can be hard, so a longevity expert and doctor added foods including o…
Serafina Kenny
2 mins read
China is on pace to buy a record amount of Russian oil this month
China is expected to import 1.7 million barrels of Russian crude a day, taking over Indian demand, …
Filip De Mott
2 mins read
Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says
Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…
Kelly Cloonan
3 mins read
India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA
India, the world's third biggest oil importer and consumer, will in the second half of the decade b…
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
2 mins read
India imported 420,000 fewer barrels of Russian oil a day in February amid tightening sanctions
Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the…
Filip De Mott
3 mins read
Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
The comments come as the West has stepped up criticism of China's dumping of cheap green products o…
Huileng Tan
1 min read
Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
2 mins read
Fear of China is behind India's exuberant display of friendship with Vladimir Putin
India hopes Russia can serve as a buffer between an increasingly aggressive China.
Tom Porter
2 mins read
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…