Crude Oil

India moving towards gas-based economy from import dependent crude based economy: Hardeep Puri

Union Minister Hardeep Singh Puri on Monday highlighted that India is moving towards a gas-based economy from the imported crude…

2 weeks ago

India’s crude imports will not be impacted by Israel-Iran conflict: Experts

The ongoing conflict between Israel and Iran is not expected to have a significant impact on India's crude oil imports,…

2 months ago

Core industries grows by 6.3 pc in May, Power, coal, steel, natural gas and refinery showed positive growth

The combined Index of Eight Core Industries (ICI) increased by 6.3 per cent in May, 2024 as compared to last…

5 months ago

RBI sees price of India’s crude oil imports at $85 a barrel in 2024-25

The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel going…

8 months ago

Our policy of ‘nation first’ helped manage oil prices despite global conflicts: Hardeep Puri

Stating that India's policy was 'Nation First' and the consumer was 'paramount', Union Minister Hardeep Singh Puri said that the…

9 months ago

Is BRICS set to change world energy order after top oil producers queue up to join grouping?

Among the several countries that have expressed keenness to join the BRICS (Brazil-Russia-India-China-South Africa) bloc, the applications by Saudi Arabia,…

1 year ago

After Indian oil imports from Russia touch all-time high, Iran too queues up for Indian market

Notwithstanding the teething problems in the rupee-ruble payments mechanism, India’s oil imports from Russia further increased in June with a…

1 year ago

India’s energy supplies from Russia to remain intact despite Moscow’s cut in production

India’s crude supplies from Russia are expected to remain intact or even rise despite Moscow’s decision to cut down on…

1 year ago

India displaces China to be largest purchaser of Russian seaborne oil

As more than 90 per cent of Russian oil is flowing into Asia since the beginning of the Ukraine war…

2 years ago

Russia announces further reduction of energy exports to Europe, causing worries for EU nations

The European Union, hit by surging prices, is likely to push back against further expansion of sanctions against Russia, though…

2 years ago

India’s steel imports from Russia rise five fold in the last one year

India's imports of steel from Russia have risen to an eight-year high during April to January period of the current…

2 years ago

Russian oil contributing to India’s energy security

The government of India is taking all the steps, to ensure the security of crude supplies and mitigate the risk…

2 years ago

Indian Oil, Hindustan Petroleum strike deals to buy Russian oil at discounted prices

<p> India's public sector oil companies have bought 5 million tonnes of Russian crude oil at deeply discounted prices in…

3 years ago

‘No Sanctions But Think About Where You Stand’ Says US On India Buying Discounted Russian Oil

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/WrLq4NS7ezM" title="YouTube video player" width="560"></iframe></p> <p> US says India…

3 years ago