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.
Category : Search result: crude oil trade
Turkey Diversifies Oil Imports After Western Sanctions
Turkey dramatically increases non-Russian oil imports as latest Western sanctions bite, reshaping global energy flows and Ankara's trade relationships.
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.
India continues Russian oil buys despite Trump pressure
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
Indian Oil Buys Russian Crude from Non-Sanctioned Entities
India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.
India: Market Dynamics Guide Our Russian Oil Purchases
India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.
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.
India Studies US Sanctions on Russian Oil, Defends Imports
India responds to US sanctions on Russian oil firms, defends energy imports as crucial for national interest. Trump praises India's strategic positioning.
India-US Trade Deal: MEA Update After Trump's Hint
India and US continue trade negotiations as MEA provides crucial update following Trump's signals about potential trade agreement. Get latest developments on bilateral trade talks.
India-US Trade Talks Advance Toward Bilateral Deal
India remains actively engaged with the United States to finalize a comprehensive bilateral trade agreement as both nations work to strengthen economic ties amid global trade realignments.
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.
Indian Stock Markets Tumble on Foreign Fund Outflows
Indian equity benchmarks Sensex and Nifty witnessed significant declines in early trading sessions as foreign portfolio investors continued their selling spree, coupled with rising global market volatility and crude oil price surges.
Rupee falls 21 paise to 88.43 against US dollar
Indian rupee continues downward trend, falling to 88.43 against US dollar as strong American currency and elevated crude oil prices pressure emerging market currencies. Forex traders remain cautious ahead of key economic data.
8 Market Movers for Indian Stocks Today
From Nvidia's explosive earnings to Fed rate cut uncertainties and Gift Nifty trends - discover the 8 crucial factors that will drive Indian stock markets today. Get expert insights on what to watch.
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.
Mittal's Indian refinery stops Russian oil imports
In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.
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.
HPCL-Mittal Energy stops Russian oil imports after US sanctions
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
HPCL-Mittal Energy halts Russian oil imports
HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.
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.
US Trade Deficit Shrinks But Grows With India: SBI
New SBI Research reveals America's trade deficit decreased post-tariffs, but shows surprising growth with India and other major trading partners. Analysis of shifting global trade patterns.
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.
New Russia Oil Sanctions: Markets Are Too Complacent
The latest G7 sanctions targeting Russian oil represent a serious escalation that markets are dangerously underestimating. Discover why these measures could disrupt global energy flows.
10 Key Factors Shaping Indian Stock Market Today
Indian stock markets face a crucial day with multiple global and domestic catalysts. From the US Fed meeting outcome to Nvidia's landmark deal with Nokia, discover the 10 key factors that will drive market sentiment and your portfolio performance.
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.
Truth Social Launches Election Betting Feature
Donald Trump's Truth Social platform ventures into prediction markets, allowing users to bet on election outcomes and crude oil prices in a bold expansion move.
IOC continues Russian oil buys via unsanctioned firms
Indian Oil Corporation maintains Russian crude imports through unsanctioned entities, securing energy needs while navigating global restrictions. Expert analysis reveals India's strategic positioning.
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