IEA Warns of Oil Oversupply as Production Outpaces Demand
Global oil market tilts toward oversupply as production growth outpaces consumption despite rising Chinese demand. IEA projects 4 million bpd surplus by 2026. Read the full analysis.
Category : Search result: crude oil prices 2026
Oil Markets Oversupplied as US Exports Reach 4-Month Peak
Global crude oil markets experience significant oversupply, particularly in the Americas. US exports hit highest since July 2024, while market structure indicates weakening demand. Read analysis.
India Refills Strategic Oil Reserves as Prices Drop
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
India to drastically cut Russian oil imports from November
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India Cuts Direct Russian Oil Imports from December
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
Trump Sanctions Crush Russian Oil Flows to India & China
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
India's Russian oil imports plunge after US sanctions
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
OPEC hikes oil output by 137,000 BPD from December
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
China rapidly fills oil reserves amid price slump
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
Trump Sanctions: Will India-China Stop Russian Oil?
As Trump's proposed sanctions threaten global oil flows, India and China face critical energy decisions. Discover why complete Russian oil withdrawal remains unlikely despite political pressure.
Indian refiners tap spot markets to replace Russian oil
India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.
HPCL-Mittal Energy Halts Russian Crude Purchases
HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
Oil Prices Rebound After 3-Day Decline
Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.
Russian oil tanker to India U-turns after Trump sanctions
A Russian crude oil carrier heading to India abruptly reversed course in the Baltic Sea, signaling potential disruption in global oil trade patterns after new Trump administration sanctions.
India's Oil Consumption to Reach 6 Million Barrels Daily
India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.
IOC to strictly follow all international oil sanctions
Indian Oil Corporation declares strict adherence to all global oil sanctions in crude procurement, ensuring uninterrupted energy supply while maintaining international compliance standards.
Russian Oil's Secret Routes to India & China
Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.
Russia Oil Sanctions: Market Complacency Risks Billions
New G7 sanctions targeting Russia's shadow oil fleet are set to disrupt global energy markets. Discover why these measures are different and how they'll impact oil prices worldwide.
India's US Oil Imports Surge Amid Trump Policy Shifts
India dramatically increases US oil purchases amid shifting global dynamics. Discover how Trump's policies, price arbitrage, and strategic diversification are transforming India's energy imports in October 2025.
India's Oil Security: Puri Guarantees Stable Crude Supply
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
India's US Oil Imports Hit 3-Year High at 540K BPD
India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.
IOC to Continue Russian Oil Imports Despite US Curbs
Indian Oil Corporation declares it will maintain Russian crude purchases despite US restrictions, planning to use non-sanctioned suppliers to secure energy needs.
Indian Oil to Continue Russian Crude Purchases: Executive
India's largest oil company confirms it will continue purchasing Russian crude despite international sanctions, prioritizing national energy security and economic benefits.
CPCL navigates Russian oil sanctions with crude flexibility
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
India Defies US, Buys Russian Oil at Discounts
India continues purchasing Russian crude oil despite US sanctions, securing massive discounts while maintaining strategic autonomy. Discover how this impacts global oil markets and India-US relations.
IOC Secures Russian Oil Deal at Competitive Rates
Indian Oil Corporation (IOC) has successfully negotiated a term deal for Russian crude oil, securing competitive pricing as global energy dynamics evolve. This strategic move strengthens India's energy security while diversifying import sources.
Fed Rate Cut Uncertainty Grows Amid Global Economic Pressures
Exclusive: Federal Reserve's rate cut timeline faces new challenges from Russia's oil revenue surge and China's deflation threat. What this means for global markets.
IOC Q2 Profit Surges 85% as Refining Margins Shine
Indian Oil Corporation reports stellar Q2 FY2025 results with 85% YoY profit jump to ₹10,558 crore. Discover how refining margins and strategic operations fueled this impressive growth.
Russian Oil Defies Sanctions Through Shadow Fleet
Despite Western sanctions, Russian crude continues flowing through covert maritime networks and new trading partners. Discover how the shadow fleet operates and what it means for global oil markets.
US Sanctions Threaten India's Russian Oil Savings
New US sanctions targeting Russian crude oil companies could jeopardize India's massive savings on oil imports. Discover how this move affects India's energy strategy and economy.
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