Global crude oil demand continues to decelerate: IEA

Sep 15, 2022

New Delhi [India], September 15 : Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing...

"India's ascent to USD 4 trillion economy fueled by robust growth": Hardeep Puri at World Economic Forum

Jan 16, 2024

India, the world's third-biggest oil importer and consumer, is dependent on crude oil from various sources in the global market to meet its domestic...

OPEC cuts oil demand forecast for 2024 due to weak intake from China

Aug 12, 2024

The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China.

Rupee touches new low for the fifth straight session on Tuesday

Nov 12, 2024

This level, indicative of persistent challenges for the rupee, reflects an ongoing struggle against strong dollar demand, high crude oil prices, and considerable foreign...

Industry body urges Centre to allow futures trading in crude palm, soybean oil

Nov 25, 2024

Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and...

India leads surge in demand as oil anxiety subsides and gold prices rise

May 06, 2024

In April 2024, Brent Crude Oil prices hovered around USD 89.4 per barrel, experiencing a slight ease due to concerns over global demand and...