News

India set to ramp up oil imports from Russia, Africa, US and Latin America
India’s oil sourcing strategy is already reflecting a risk-hedged posture pertaining to West Asian oil flows with Russian oil ...
What $100 crude oil means for India: Market & sectoral outlook with Dr Mukesh Jindal
Amidst global volatility, Dr. Jindal advises Indian investors on market strategies. Defence sector benefits from geopolitical ...
ABP News on MSN4h
Rising Oil Prices, Shipping Risks Loom, But India’s Trade Outlook Remains Strong
A wider Middle East conflict is expected to have an impact on oil supplies from Saudi Arabia, Iraq, Kuwait and the UAE, which ...
CNBCTV1819h
India's crude oil imports hit record high in May, rise nearly 10% m-o-m
India’s crude oil imports hit a record 23.32 million tonnes in May, reflecting robust demand and stockpiling amid ...
Oil India, ONGC, and other oil stocks in focus as crude hits 5-month high after U.S. strikes Iranian nuclear sites
Oil and gas stocks may see movement. Crude oil prices increased after U.S. airstrikes on Iranian nuclear sites. Brent and WTI ...
ABP News on MSN4h
India Faces Higher Energy Costs, Wider CAD If Oil Prices Rise: ICRA
India imports crude from Iraq, Saudi Arabia, Kuwait and the UAE, which is routed through the Strait of Hormuz, and it ...
India to See Limited Inflation Fallout From Oil, Government Adviser Says
India’s top government adviser said rising oil prices are likely to have a limited impact on inflation for now and Asia’s ...
Iran To Close Strait of Hormuz, Oil Corridor Key For India's Crude Import? Why New Delhi is Unlikely To Lose Sleep
Iran's parliament has authorised the closure of the Strait of Hormuz in response to US airstrikes on its nuclear facilities, ...
Iran-Israel war & US bombings: How will closure of Strait of Hormuz oil corridor impact India? Explained in 10 points
Amidst US-Iran tensions and potential Strait of Hormuz closure, India, importing 2 million bpd through it, feels secure.
Mint7d
Oil on a boil! How will rising crude prices impact ONGC, Oil India earnings? JM Financial explains
However, rising oil prices may benefit upstream oil companies like ONGC and Oil India. According to domestic brokerage firm JM Financial’s latest report, ONGC and Oil India are key ...
India's crude oil imports hit record high, up nearly 10% m/m in May
The data highlights demand in India, the world's third-largest importer and consumer of oil, reflecting the broader economic ...