India is now Europe's largest supplier of refined fuels

Apr 30, 2023

Europe's reliance on Indian crude oil products has grown since the ban on Russian oil. Europe's refined fuel imports from India are set to...

Oil prices to remain stable amid various crude supply options: Union Minister Hardeep Puri

Nov 05, 2024

Oil prices in India are expected to remain stable amid the rising geopolitical tensions as the country have several options to buy crude oil...

Lower Brent prices to support margins for Indian fuel refiners: Fitch

Jan 31, 2025

Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains steady and Brent crude oil...

Red Sea threats unlikely to deter Russia's dominance as India's top crude supplier: S&P GCI

Jan 08, 2024

According to S&P Global Commodity Insights, India's resilient demand for Russian crude, constituting over 35 per cent of its total imports in 2023, remains...

Index for Core Industries increases 6.1% in July 2024

Aug 30, 2024

The index measures the combined and individual performance of the production of eight core industries -- coal, crude oil, natural gas, refinery products, fertilizers,...

India plans to release about 5 million barrels of crude oil from strategic reserves

Nov 23, 2021

New Delhi [India], November 23 : India plans to release about five million barrels of crude oil from strategic reserves within seven days, said...