Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...

Share of Opec in India's 2024 crude imports rose to nearly 51.5 per cent, up from 49.6 per cent in 2023, while Russia's share ...

Gift Nifty was trading around 23,305 level, a premium of nearly 33 points from the Nifty futures’ previous close, indicating ...

BP, selected to improve production at India's Mumbai High oilfield, predicts a potential 44% increase in oil output and an 89 ...

China and India. Oil prices jumped on Friday as the U.S. sanctions were announced, and Brent Crude broke above $80 per barrel to hit the highest level in three months. The rally continued on ...

Earlier on Friday, the US Treasury levied sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, and imposed ...

The Indian rupee plunged to an all-time low of 86.6 against the US dollar on January 13, marking its steepest decline in ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...

STORY: Chinese and Indian refiners are scouring the globe for supplies of crude, according to traders speaking to Reuters..It ...