Saudi Arabia Slashes Oil Price to Asia to 5-Year Low
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.
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.
Russian President Vladimir Putin arrives in New Delhi for a pivotal two-day summit with PM Modi. The talks focus on sustaining Russian oil exports, defense ties, and navigating US pressure. Explore the high-stakes diplomacy.
Ahead of Putin's visit, Russia assures India that sanctions will not disrupt oil imports. Kremlin aims for $100 billion trade by 2030. Read more on the strategic partnership.
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.
Government data reveals 2,04,268 private companies closed in India from 2020-21 to 2024-25. No employee rehabilitation plan exists. Read the full report on the corporate clean-up drive.
India imported 5.4 million tonnes of Russian oil using shadow fleet tankers to bypass Western sanctions, according to CREA report. Moscow relies on old vessels to maintain exports amid restrictions.
India received 5.4 million tonnes of Russian oil worth €2.1B via 30 false-flag vessels between Jan-Sep 2025, becoming largest recipient of Russia's shadow fleet oil. CREA report reveals alarming growth in sanction-evasion tactics.
India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.
Think tank reveals 30 tankers used false flags to transport €2.1 billion worth of Russian oil to India in 2025. Discover how India's oil imports shifted post-Ukraine invasion.
Oil prices recover from one-month low as White House signals optimism about Russia-Ukraine peace deal. WTI gains 1.2% amid market volatility. Read latest analysis.
BPCL, HPCL, and IOC shares surged up to 3% as Brent crude fell to $61, boosting OMC margins. Peace talks between Ukraine and Russia could further impact oil markets. Learn how this affects investors.
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 plunged to one-month lows as US peace efforts could boost Russian oil exports. Brent fell to $62.33, WTI to $57.83. Market watches sanctions and Fed rates.
US imposes sanctions on TR6 Petro India and other entities for trading Iranian oil, citing terror funding concerns. Full details on the crackdown.
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.
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.
Donald Trump announces Republicans are preparing legislation to sanction nations conducting business with Russia. Learn how this could impact global trade dynamics and India's strategic position.
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.
The United States imposes sanctions on 32 entities across 8 countries including India for supporting Iran's missile and UAV programs. Learn about the global implications.
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'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 dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
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 dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
The United States has formally requested United Nations sanctions against seven vessels allegedly involved in illicit North Korean exports, escalating pressure on Pyongyang's sanction-evasion tactics.
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.
Turkey dramatically increases non-Russian oil imports as latest Western sanctions bite, reshaping global energy flows and Ankara's trade relationships.
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.
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.