MUMBAI: The government’s decision to hold back cuts in retail petrol and diesel prices despite the earlier fall in global crude has given oil marketing companies (OMCs) room to cushion the impac...
India faces a higher import burden when global prices rise, along with possible inflationary effects. (AI image) Internationally, oil prices have risen by around 9-10% following Israel-US strikes on I...
NEW DELHI: Policymakers are keeping a close eye on oil prices and goods movement in the wake of the latest tension in West Asia, while maintaining that it’s too early to assess the impact on the econo...
AI image (Picture credit: OpenAI via ChatGPT) The Strait of Hormuz – a narrow water passageway in the Middle East – is back in focus. The US and Israel strikes on Iran and its retaliation ...
India, the world’s third-biggest oil importer and consumer has reshaped its crude sourcing strategy, according to data from industry sources. Russian crude shipments in January made up the small...
NEW DELHI: The India-US trade deal is unlikely to lead to a near-term reduction in India’s imports of Russian crude oil, with supplies to be stopped from sanctioned entities such as Rosneft and Lukoil...
Celebrity doctor and anti-aging physician Peter Attia, who is also a contributor to CBS News, broke his silence about the crude email that he sent to sex offender Jeffrey Epstein, released in the late...
India has imported around 144 billion euros’ worth of crude oil from Russia since the start of the Ukraine war, making it the second-largest buyer after China, according to estimates by European think...
Authorities have asked oil refiners to provide weekly updates on their purchases of crude from Russia and the United States. (AI image) India’s crude oil imports from Russia may see a sharp fall in Ja...