Nayara Energy has raised petrol prices by Rs 5 a litre and diesel by Rs 3 across its more than 7,000 fuel stations as higher crude and refined-product prices squeeze margins. The move could widen the price gap with state-run retailers, which have largely kept…
The fund house noted that the geopolitical crisis in the Middle East had entered its eighth month and resulted in severe disruptions to global commodity supplies, with Brent crude rising above $100 a barrel.
September marked a significant high in India's crude oil imports, mainly spurred by boosted supplies from Gulf nations. The reintroduction of Iraqi and Kuwaiti crude has notably changed the dynamics of India's import sources, ensuring better supply availabili…
India’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the country’s second-largest supplier after Russia. Increased flows through the Strait of Hormuz have offered Indian refiner…
Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply concerns as the Iran war disrupts regional oil flows. The sales come as Iranian crude supplies dry up, Russian oil faces poli…

Sensex and Nifty drop over 0.8% as rising crude prices and US bond yields unsettle markets, with financials leading losses.

India’s fuel exports could come under pressure if Saudi crude disruptions persist, amid the sanctions worries about Russian oil, raising costs for Indian refiners and potentially reducing shipments

The benchmark indices traded near the day's high in afternoon trade, supported by easing crude oil prices and softer global bond yields. Market sentiment also received a boost after Moodys raised its India FY27 GDP growth forecast to 7%, citing the resilience…
Indian equities enter a holiday-shortened week with the Nifty at a crucial support zone after five consecutive weekly declines. The US Fed’s policy decision, FOMC projections, crude oil prices, global bond yields and foreign flows will drive near-term sentime…

The rupee fell 10 paise to 95.55 against the US dollar in early trade on Friday, weighed by FII outflows and sustained disruptions in global crude oil supplies.

Technology stocks drove the early action on the gainers' board.
Commercial crude oil production at ONGC’s Ashoknagar (Baigachhi) project near Kolkata to start by end of July; basin holds 240M+ barrels, Rs 1,000cr invested.

Indian Oil Corporation has failed to secure any bids for chartering vessels to transport crude oil and LPG from the Strait of Hormuz. Ship owners are hesitant due to the current geopolitical climate, preferring to await clearer terms before entering the regi…

Petrol, Diesel Price Today: Crude oil price jumps amid Hormuz closure report, Check latest petrol, diesel rates in Delhi, Mumbai, Noida, Lucknow, Bengaluru, Kolkata, Chennainews24online.com

Sensex gains 360 points and Nifty rises 0.44% in early trade
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reli…

Indian refiners have enough crude to last them two months, so they will not be scrambling to buy Middle Eastern cargoes expected to be coming out through the reopened Strait of Hormuz anytime soon. According to a Bloomberg report, however, Middle Eastern prod…

Strait of Hormuz reopening may restore India’s LPG and LNG supplies gradually, with crude flows expected to normalise as energy logistics improve.
India’s state-run refiners have already secured enough crude for the next two months and are in no rush to resume purchases from the Middle East even if the Strait of Hormuz reopens to commercial traffic.

The reopening of Hormuz may stabilize global oil markets, reducing geopolitical risks and potentially lowering WTI crude prices. The post India resumes Mideast oil imports as Hormuz reopens, easing WTI price concerns appeared first on Crypto Briefing.

India’s fuel prices will remain elevated for some time despite the declining international crude prices, according to India’s Union Minister of State for Petroleum and Natural Gas, Suresh Gopi. Indian drivers will not see immediate relief at the pump as fuel …

Overall crude imports by India rose to 5.27 million barrels per day, up 15.4% from April, the data showed, with Russia the largest supplier

Sensex rose 254.36 points to close at 77,409.98, while Nifty 50 gained 82.30 points to settle at 24,168.00, with both benchmarks up 4.3-4.8% over the last five sessions

India’s imports of crude and LNG jumped in May from April, as arrivals of non-Middle Eastern cargoes accelerated, and the country's energy import bill soared by nearly 82% from a year earlier amid higher energy prices. India’s crude oil imports rose by 7.5%, …
PetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinochem is searching for a tanker. High shipping rates and transit concerns persist. This follows an interim deal between th…