Indian Oil Buys Colombian Crude for First Time
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
The US has granted a temporary waiver on sanctions to Serbia's majority Russian-owned NIS oil company, allowing its crucial Pancevo refinery to restart. This move safeguards Serbia's energy security and thousands of jobs. Read the full details.
The International Energy Agency forecasts a prolonged period of low crude oil prices due to a significant supply surplus and slowing demand growth. Discover the key factors and global implications.
Global crude oil prices are projected to remain subdued through 2026, with a structural oversupply outweighing geopolitical tensions. Analysts cite rising non-OPEC+ production and slowing demand growth. Read the full analysis.
Serbian President Aleksandar Vucic warns a military strike on Serbia is possible due to rising Russia-EU tensions over Ukraine. Serbia boosts defence with drones, tanks. Read full analysis.
Discover why avocado oil is becoming a kitchen essential in India. From its high smoke point for perfect frying to heart-healthy fats, learn how to use it daily. Boost your nutrition today!
Reusing deep-fried oil is common, but how many times is safe? A dietetics expert explains the chemical dangers, safe reuse limits, and long-term health risks like diabetes and heart disease.
2025 saw a major shift as oil demand surged, defying peak predictions. India emerged as the top growth engine, reshaping global energy dynamics. Read the full analysis.
Rajasthan's flagship Pachpadra crude oil refinery is in final stages, targeting a January launch. The project promises major investment and jobs. Read the latest updates.
Are seed oils like sunflower and soya bean oil toxic? We separate fact from fiction, examining the science behind heart health, inflammation, and processing myths. Read the evidence.
Nagpur chess player Vaibhav Raut ends a three-year wait, scoring his second IM norm in Serbia. He is now one norm away from the full title. Read his inspiring journey.
HPCL LPG cylinder shortage in North India due to Bathinda refinery shutdown. Deliveries delayed up to 10 days. Officials promise normalcy by Dec 19. Read details.
Saudi Arabia cuts January 2026 crude oil price to Asia to a five-year low as OPEC+ raises output and supply surplus looms. Details on market impact and Chinese demand.
Indian buyers secure massive South American soybean oil volumes for 2026, anticipating palm oil shortages from Indonesia's biodiesel push and weaker sunflower harvests. Get the full analysis.
Russia reports destroying a HIMARS system and 230 drones in massive strikes on Ukrainian defences near Pokrovsk. Ukraine retaliates with deep strikes on Russian oil refinery. Read the latest updates.
Russia launches massive strikes on Ukrainian infrastructure as Ukraine retaliates with drone attacks on Russian oil facilities and tankers. Latest escalation in ongoing conflict.
Rio Tinto CEO Simon Trott faces big test on lithium strategy after shelving Serbia project. Key decisions ahead for world's second-largest mining company. Read more.
Hungarian PM Viktor Orban launches scathing attack on EU, accusing Brussels of losing global influence by prioritizing war over diplomacy in Russia-Ukraine crisis. Read full analysis.
Serbia's only oil refinery could shut down within days if Washington doesn't renew OFAC license. President Vucic calls it 'blackmail' as fuel stocks dwindle.
JP Morgan warns global oil supply is outpacing demand, risking a price crash to $30s per barrel by 2027. Will producers act to rebalance the market? Read more.
Crude oil prices declined Tuesday, erasing Monday's gains amid Ukraine-Russia peace negotiations. MCX crude traded flat at ₹5,236/barrel while global benchmarks showed modest gains. Expert analysis included.
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
Reliance Industries ceases Russian oil imports at export-focused refinery to comply with EU sanctions. Key market pressure forces strategic shift in crude sourcing.
Reliance Industries ceases Russian oil imports for its export-only refinery from November 20. All December exports will use non-Russian crude. Get the full story on this major energy shift.
Russian oil discounts surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
Discover the key differences between olive oil and vegetable oil for heart health. Learn which oil is better for cooking, cholesterol control, and reducing inflammation in your daily diet.
India purchased $2.9 billion worth of Russian crude oil in October, maintaining its position as second-largest buyer globally. Read how sanctions are impacting imports.
US tells Serbia it won't lift sanctions on NIS oil company unless Belgrade ensures complete Russian withdrawal. Serbia faces energy crisis with February 13 deadline looming.
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.