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ONGC, crude oil, economy, Vedanta, Reliance-bp, Oilfields

India’s crude oil import bill fell 17% to $10.8B in April FY26. Russian oil led imports at 40% share due…

May 19, 2025 22:27 IST

crude oil, dollar, market, bse, dollar, NSE, Asian markets, FII

Falling crude prices, weak dollar drive indices

Indian stock indices rose as falling crude prices and a weak dollar boosted investor sentiment; Sensex gained 295 points, Nifty…

May 5, 2025 22:37 IST

Bharat Petroleum Corporation, BPCL, industry, refinery, petrochemicals

BPCL to re-start Mozambique LNG project by July

BPCL plans to restart its Mozambique LNG project by July 2025 after force majeure resolution, with project completion expected by…

May 2, 2025 20:11 IST

Brent crude, crude oil prices, CPI inflation, Donald Trump, inflation, Strait of Hormuz, RBI, commodity markets, supply chain, oil exports

Oil imports from Russia touch near 2-year peak in April

India’s oil imports from Russia hit a near two-year high in April 2025, driven by deep discounts despite US sanctions.…

April 28, 2025 20:24 IST

Cairn, Norwegian, Krishna-Godavari Block, marine electromagnetic surveys

Cairn, Norwegian firm ink pact to boost exploration in KG block

Cairn Oil & Gas partners with Norway’s EMGS to deploy advanced 3D CSEM tech in the KG basin for deepwater…

April 25, 2025 22:33 IST

Crude oil, imports, economy, crude import bill, Oil and Natural Gas Corp, ONGC, open acreage licensing policy, OALP

Crude oil imports bill up 2.7% to $137 billion in FY25

India’s crude oil import bill rose 2.7% to $137 billion in FY25 amid rising demand and higher Russian shipments. Imports…

April 18, 2025 19:45 IST

'Long before Ukraine conflict…': Hardeep Puri fact-checks Navarro, says India 'prevented catastrophic $200 per barrel shock' (Image: PTI)

OMCs have headroom to cut fuel prices in future, says Hardeep Singh Puri

Union Oil Minister Hardeep Singh Puri suggests Indian OMCs have room to cut petrol and diesel prices if global crude…

April 8, 2025 23:03 IST

oil, crude oil, economy, Russian oil, oil import, Russian barrels

US tariff on Russian oil could inflate India’s import bill

US tariffs on Russian oil could raise India’s import bill by $3-6 per barrel, potentially impacting refining margins and fuel…

April 2, 2025 22:48 IST

global crude oil, oil. crude oil, economy, US tariffs, Trump tariffs, Venezuelan oil

US tariff on Venezuelan oil

US imposes 25% tariffs on countries importing Venezuelan oil, forcing Indian refiners to seek alternative sources. The tariff impacts imports…

March 27, 2025 20:32 IST

crude import bill, oil, crude oil, Oilfields, economy, coal bed methane, oil shale, shale gas

Crude import bill up 2.9% in April-February

India’s crude oil import bill up 2.9% to $124.7B (Apr-Feb). Reliance on imports at 88.2%. US sanctions on Russia impact…

March 24, 2025 20:27 IST

Crude, Crude Oil, Open Acreage Licensing Programme, India's crude oil imports, Crude Oil Import from Russia

Crude oil import bill up 12 per cent on year in H1FY25

Stagnant domestic output and rising import dependency does not bode well for India at a time when the geopolitical tensions…

October 18, 2024 03:00 IST

Rally in Crude can continue till Rs 6500- 6600/bbl in MCX says TradeBulls Securities

We anticipate the current rally in MCX to continue towards 6500-6600, though fresh concerns about demand may cap prices. The…

August 8, 2024 13:49 IST

petroleum, crude oil, windfall tax, taxes, diesel

Government hikes windfall tax on petroleum crude

The Centre also cut the windfall tax on diesel to zero from 1.50 per litre effective March 1, the order…

February 29, 2024 23:42 IST

Crude oil prices fall on sticky inflation, bigger-than-expected US crude stock build

Brent futures fell 29 cents, or 0.4%, to $82.48 when the market opened at 0000 GMT. U.S. West Texas Intermediate…

Updated: February 14, 2024 09:13 IST

Crude Oil at Crossroads: Israel-Hamas conflict, inventory buildup to influence future direction

Demand side from the US is getting weaker looking at gasoline inventories and high prices. The summer driving season is…

Updated: October 16, 2023 11:43 IST

Crude oil ends lower after seven weeks of positive undertone; might see further technical corrections

The US oil benchmark is down nearly 4% so far last week, snapping seven straight weeks of gains. Investors have…

August 21, 2023 07:58 IST

Centre slashes windfall tax for domestic crude oil to zero; no duty on export of diesel, petrol, ATF

The government on Tuesday revised the windfall gains tax on domestically produced crude oil, slashing it to zero from Rs…

May 16, 2023 06:57 IST

LNG, supply deals, Indian Oil Corp, GAIL India, Petronet LNG, LNG imports, price increase, export

Crude oil prices recover on short-covering, U.S. debt ceiling fears weigh

Brent crude futures rose by 36 cents, or 0.5%, to $75.34 a barrel by 0051 GMT. U.S. crude futures gained…

May 12, 2023 10:38 IST

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Employee quits google job, Google Manager Quits Rs 3.4 Crore Job

Google manager quits Rs 3.4 crore job, says ‘the work was pleasant, but…’

Who is Alexandr Wang? The 28-year-old hired by Mark Zuckerberg for $14 billion to head Meta’s Superintelligence Labs

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After H-1B, the OPT program for foreign students under threat

‘Lucky, my ex-wife and I get along well’: Saif Ali Khan says he talks to Amrita Singh often from hospital bed

IPOs worth $20 billion to hit D-Street in 12 months: Citigroup

Market2 hr ago

Citigroup’s Head of Equity Capital Markets foresees a robust IPO pipeline in the next year, with an estimated $20 billion to be raised. India ranks fourth in IPO volumes by 2025, while the US takes the lead globally. The recent success of IPOs by WeWork, Tata Capital, and LG Electronics India indicate a promising primary market.

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