US Strikes Iran: The significance of Strait of Hormuz for global oil supply – explained in 5 points
US Strikes Iran: The US strike on three key nuclear facilities in Iran on Saturday night has put…
India’s Petroleum Consumption Set to Rise 5.37% Annually Through 2030: PHDCCI Report, ET Auto
India’s economy is projected to grow at over 6 per cent annually, with primary energy demand increasing at…
India’s petroleum consumption to surge 5.37% annually till 2030: PHDCCI Report
According to a recent report by the PHD Chamber of Commerce and Industry (PHDCCI), India’s petroleum product demand…
India’s Oil Imports Shift Away from OPEC+
The United States overtook the United Arab Emirates (UAE) to become India’s fourth-largest crude oil supplier in April,…
India’s Russian oil imports at 9-month high in April; uptick in US crude volumes | Business News
Russian oil flows to India touched a 9-month high in April primarily due to the abundant availability of…
Term deal for Russian oil off the table for now; US crude purchases to depend on commercial viability, says Indian Oil chairman Sahney | Business News
The prevailing geopolitical and geoeconomic uncertainties have evidently shelved a potential term deal for Russian oil that was…
Three more Russian insurers seek India’s approval to provide cover for oil tankers, sources say
Three more Russian insurers, including a subsidiary of top lender Sberbank, have asked India for approval to provide…
Crude oil imports rise 67% from US, 11% from Russia; Trump tariff threats on Russia have little impact on India’s purchases
Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict.…
Bharat Petroleum Corp plans to buy US oil via 4 month tender: Source, ET EnergyWorld
Indian state refiner Bharat Petroleum Corp plans to float a four month tender next week to buy U.S.…
India Reshuffles Trade to Circumvent Russian Oil Sanctions
India’s crude oil imports from Iraq jumped in January to 1.1 million barrels per day (bpd) as cargo…
Drill, Baby, Drill: India eyes oil windfall as Trump pushes his ‘America First’ agenda
India stands to gain from US President Donald Trump‘s push for increased oil and gas production under his…
Argentina sets record for crude oil exports to India in 2024 – Business News
(Image Credits: Pixabay) In a landmark achievement for Argentina’s oil industry, 2024 saw the country set a new…