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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   


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Huileng Tan   


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Indian exports show resilience amid global challenges in first quarter, says CRISIL report

Despite the positive growth in exports, the trade deficit widened to $21 billion in June from $ 19.…

ANI   


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Russia undermines its pledge to OPEC+ as crude oil and fuel exports jump

Despite Moscow's pledges to curb exports, Russia's energy outflows have boomed in recent weeks.

Filip De Mott   


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Trade via Bengal land ports disrupted amid unrest in Bangladesh

India's main exports to Bangladesh include vegetables, coffee, tea, spices, sugar, confectionery, r…

PTI   


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Russia saw its oil revenue double in April despite Western sanctions

Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…

Yuheng Zhan   


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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   


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1 min read

The Red Sea attacks are throwing supply chains into chaos — but US oil exports appear to be benefiting from them

Oil buyers are choosing to not reroute ships from the Red Sea, but to buy from the US instead, acco…

Huileng Tan   


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1 min read

Saudi Arabia trims oil prices to Asia as booming US exports add competition

Saudi Arabia lowered prices on its flagship Arab Light crude for the first time since June, facing …

Aruni Soni   


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Indian textile exports surge by 9.59% in May despite global economic challenges

Despite unfavourable economic conditions in major markets such as the European Union (EU), the US, …

ANI   


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India's trade deficit expected to decline further: Economic Survey

The Survey said that though ongoing geopolitical headwinds impacted India's merchandise exports, lo…

PTI   


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Russia has finally admitted Western sanctions are hitting its oil exports

Secondary sanctions are spooking global banks, as some of them turn away from doing business with R…

Huileng Tan   


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1 min read

Russian crude exports are rising despite pledge to cut, helping keep oil prices in check

October's seaborne crude exports from Russia exceeded its target by 300,000 barrels per day, Rystad…

Filip De Mott   


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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   


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1 min read

China's need for oil has been calming down military conflicts worldwide, analyst says

"A big part of that is China standing behind the curtain and going, you know, can you please not in…

Filip De Mott   


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The Baltimore bridge collapse will put a dent in a 28-million-ton coal-exporting operation, EIA says

The Port of Baltimore is the second-largest exporting hub of coal in the US. It accounted for 28% o…

Aruni Soni   


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Russia's oil exports are climbing near 4-month highs despite big production cuts

Moscow's crude exports climbed higher in the last four weeks despite earlier its move to slash its …

Jennifer Sor   


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2 mins read

Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official

Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.

Huileng Tan   


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Spiking oil prices helped Russia energy-tax revenue double last month

The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…

Filip De Mott   


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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