Category : Search result: petroleum prices


India's US Oil Imports Hit 3-Year High at 540K BPD

India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.

Oil India & BPCL Partner for Andhra Refinery Project

Oil India Limited and Bharat Petroleum Corporation Limited join forces to establish a groundbreaking greenfield refinery in Andhra Pradesh, marking a significant expansion in India's petroleum infrastructure.

CPCL Posts ₹732Cr Q2 Profit in Major Turnaround

Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.

India's US Oil Imports Surge Amid Trade Thaw

India's crude oil imports from the United States surge to highest levels since 2022 as trade tensions ease and New Delhi strategically reduces dependence on Russian supplies.

Gold Prices Fall in Delhi as Trade Optimism Grows

Gold prices in India witnessed a significant decline, falling to ₹62,490 per 10 grams in Delhi as renewed global trade optimism reduced safe-haven appeal. Silver also dropped sharply. Get the latest market analysis and price trends.

India-US Strengthen Energy Trade Partnership

India and United States hold high-level talks to boost energy trade, focusing on petroleum, LNG, and critical minerals. Strategic partnership aims to enhance energy security and climate goals.

India Tightens Gold Import Rules Amid Record Prices

India tightens gold import regulations to curb misuse of export channels. DGFT mandates strict compliance for jewellery exporters as bullion prices hit record highs. New measures aim to protect domestic market from precious metal loopholes.

Oil Prices Set for Biggest Weekly Jump Since June

Crude oil prices are heading for their largest weekly gain since June 2024. Discover the key drivers behind this rally, from OPEC+ production cuts to geopolitical tensions, and what experts predict for the coming months.

Putin's Oil Warning Threatens Global Market Stability

Russian President Vladimir Putin issues serious warning about potential consequences of US sanctions on oil prices and global energy markets. Expert analysis on what this means for India and worldwide economies.

Gold Prices Dip Ahead of US Inflation Data

Gold and silver prices retreat as traders await crucial US inflation figures. MCX gold contracts decline while silver drops significantly. Expert analysis on market trends and future outlook.

Trump sanctions Russian oil giants, Putin defiant

In a major escalation, former US President Donald Trump imposes sanctions on Russia's two largest oil companies, Rosneft and Gazprom Neft, while Vladimir Putin remains unyielding in his Ukraine stance. Analysis of the global energy market impact.

Page 1 of 4