Despite US sanctions on Rosneft & Lukoil, India's Russian crude imports show resilience, expected to exceed 1.2 million bpd in December. Discounts and non-sanctioned entities fuel the robust trade.
Oil prices rebounded sharply after US President Trump ordered a total blockade of sanctioned Venezuelan oil tankers, threatening 0.5 million barrels per day supply. Brent crude rose to $59.50.
Pakistan confirms high-level talks with Russia for an oil sector deal and a new steel plant. This move aims to cut import costs and deepen bilateral ties. Read the latest details.
Maruti Suzuki announces massive year-end discounts up to ₹2.19 lakh across all models in December 2025. Offers include cash discounts, exchange bonuses & more. Hurry, valid till Dec 31!
Trump's sanctions on Rosneft & Lukoil may slash India's Russian crude imports to a 4-year low by Jan 2026. Will India find new pathways? Read the full analysis.
Facing US pressure over Russian oil imports, India navigates trade talks as Putin promises reliable energy supply and expands nuclear collaboration. Details inside.
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.
Global oil prices fell for a second day as weak demand and rising US inventories weigh on markets. Investors eye Ukraine peace talks for signs of Russian supply changes. Brent crude trades at $62.32 a barrel.
Global oil surplus could push prices lower in 2026, but geopolitical tensions from Ukraine to Venezuela may provide a floor. Experts analyse OPEC's role and market balance.
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.
OPEC+ is likely to maintain current oil production levels for early 2026, sources say, as the group navigates market pressures and a potential supply glut. Read the full analysis.
Explosions rock Black Sea near Turkey as drone strikes hit two oil tankers carrying Russian crude. Crew rescued amid escalating conflict fears. Watch video for details.
Crude oil prices declined as Ukraine-Russia peace negotiations continue. All eyes on upcoming OPEC meeting for output decisions. Get latest market updates.
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.
Global oil prices decline on expectations of Ukraine-Russia ceasefire unlocking Russian supply. Brent crude drops to $62.92 amid thin Thanksgiving trading. Read latest market analysis.
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.
Oil prices climbed on Wednesday after a recent slide, but gains were capped by an expected supply glut in 2026 and potential Russia-Ukraine peace deal. Key market analysis inside.
JPMorgan predicts Brent crude could fall to $30 by 2027 due to market oversupply. Discover what this means for India's economy and global oil dynamics.
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.
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.
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.
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.
India imported €2.5 billion worth of Russian crude oil in October 2024 ahead of new EU sanctions. Read about India's strategic energy moves and market impact.
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.
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.
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.