Indian Oil Price Drops Below $60/Barrel
India's crude oil import cost averages $59.92/barrel in January. Analysts predict further fall to $53.31 by March, easing the nation's import bill. Read the full analysis.
India's crude oil import cost averages $59.92/barrel in January. Analysts predict further fall to $53.31 by March, easing the nation's import bill. Read the full analysis.
Discover the real reason behind US interest in Venezuela's oil reserves. It's not just about quantity, but the specific type of crude. Read the full analysis now!
Oil prices declined as markets anticipate increased Venezuelan crude output post-US action. Analysts see potential for 500,000 bpd rise, but global demand and OPEC remain key. Read for price outlook.
A new SBI Research report forecasts a significant decline in global crude oil prices to around $50 per barrel by mid-2026. Discover the key drivers and what this means for India's economy and inflation.
SBI Research predicts a sharp fall in crude oil prices to $50 per barrel by mid-2026, driven by inventory buildup. This significant softening is expected to positively impact India's inflation and economic growth. Read the full analysis.
US intervention in Venezuela could unlock discounted heavy crude for India's complex refineries, offering diversification amid pressure on Russian oil imports. Experts see medium-term gains.
Venezuela holds the world's largest proven oil reserves at 303 billion barrels, surpassing Saudi Arabia. Discover why this hasn't translated to economic prosperity and how oil still dominates global energy.
Indian rupee opened weak at 90.24 vs USD, extending its 2025 decline. Geopolitical tensions, FPI outflows, and importer dollar demand pressure the currency. Discover the factors and future outlook.
India's crude oil imports from the US soared over 92% in April-Nov 2025. Russia remains the largest supplier, but its share fell to 33.7%. Explore the shifting energy dynamics.
Oil prices show muted reaction to US incursion in Venezuela. Analysts warn restoring output to 3 million barrels a day will take years and billions. Read the full analysis.
US military action in Venezuela is expected to trigger a surge in crude oil and commodity prices due to geopolitical tensions. However, India's minimal trade ties mean limited economic impact. Read expert analysis.
The capture of Venezuela's Maduro reshapes global oil flows. U.S. Gulf Coast refiners stand to gain from renewed heavy crude access, while Canadian producers face long-term competition. Full analysis inside.
Experts explain why the US bombing in Venezuela and plans to tap its vast oil reserves are unlikely to lead to higher crude production or prices in the near term. Read the full analysis.
BCCI introduces neutral umpires, points system revamp & video analysts for Ranji Trophy 2024-25 to elevate domestic cricket standards. Discover the full plan here.
Vedanta Ltd reports a 1% rise in aluminium, 4% in Zinc India, and 28% in Zinc International output for Q3 FY24. However, steel and oil & gas production see a decline. Get the full quarterly performance details here.
Russian crude suppliers now offer Indian refiners discounts up to $8 per barrel, doubling since October. This could lower India's import bill as global oil prices hover around $60. Read more.
Centre approves 22 proposals from Samsung, Foxconn, Tata & others under ECMS to boost domestic production, cut imports. Investments to create Rs 2.6 lakh crore output.
Oil markets opened 2026 cautiously as a forecast 3.8 million barrel daily surplus counters Middle East tensions. Key OPEC meeting set for Jan 4. Read the full analysis.
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
Maruti Suzuki India achieves its highest-ever annual production of 22.55 lakh units in FY25, marking a significant milestone for the auto giant. Discover the details and future outlook.
Mohali police crack murder of ex-Punjab AAG's wife, Ashok Goyal. Domestic help of 8 years, Neeraj, orchestrated robbery & strangulation. 40 tolas gold, Rs 8.5 lakh stolen. Read details.
Crude oil prices saw a slight increase on the first trading day of 2026, following their sharpest annual fall since 2020. The uptick is driven by renewed geopolitical tensions, including Ukrainian drone strikes on Russian oil facilities and fresh US sanct
ICRA projects India's natural gas consumption will rebound in FY2027, driven by industrial pickup and CGD expansion. Read the full analysis on near-term trends and supportive energy prices.
Crude oil prices are on track for their steepest annual decline since 2020, with a 20% drop this year. Key factors include a looming surplus, OPEC's upcoming meeting, and geopolitical tensions. Read the full analysis.
Guyana produces all its own fruits, vegetables, meat & staples, beating US & China. Discover its '25 by 2025' plan & lessons for global food security. Read more!
India's Russian crude imports are expected to fall to 1.2 million barrels per day in December, down from November. However, the trade relationship remains structurally strong despite the monthly decline.
India's oil import bill fell 12% to $80.9 billion in Apr-Nov FY26 despite higher volumes, as global crude prices averaged $67.6/barrel. Net oil & gas imports also declined over 12%. Read the full analysis.
Brent crude surged 2.1% to $61.94 as geopolitical risks from Russia-Ukraine conflict and Yemen instability threaten supply. Key market drivers and price outlook analysed.
A domestic dispute turned fatal in Hisar's Bhatla village as Rakesh (30) allegedly killed wife Seema (28) before hanging himself. The couple, married since 2019, leaves behind two daughters. Police investigation ongoing.
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.