Refiners say record freight rates and crude quality make US barrels less attractive, while discounted Venezuelan oil offers better economics but remains supply-constrained
Refiners say high freight costs, longer voyages and limited supplies of medium sour crude make US barrels less attractive than West Asian and Russian alternatives
The West Asia crisis has stoked an urgency to electrify. Climate-related disasters, too, are prompting countries to embrace clean power. But it's a story with no easy answers
US share of India's LPG imports has fallen to 16% in September as UAE supplies surge, while delivered LPG premiums have rebounded to nearly $450 per tonne
The question of finance tends to drive a wedge between the wealthy Global North and the developing world at climate summits. Will November's Antalya summit be any different?
West Asian supply disruptions and low European gas storage are pushing LNG prices higher, forcing price-sensitive Indian buyers to compete with Europe for cargoes
Russian crude oil supplies to India, which set records in June and July at nearly 55 per cent of the country's total imports and bailed out Indian refiners, are under threat while West Asian supplies
The govt has set price of CBG for first time. But the question arises: Who pays premium for CBG, a purified, renewable form of biogas made from organic waste?
By sharply reducing oil imports, China not only shielded its own economy from a supply shock (to an extent) - its impact also helped cushion the price shock for other Asian economies, analysts said
The legislation allows US President Donald Trump to impose tariffs of as much as 100 per cent on the top five purchasers of Russian oil and natural gas, essentially targeting China and India
Escalating conflicts in West Asia and Europe are driving diesel refining margins higher, delaying fuel price cuts and increasing losses for Indian oil retailers
Record tanker freight rates, opaque Iranian supply channels and sharply higher discounts on Russian crude have kept Indian refiners reliant on Russia despite the revival of West Asian supplies
Senior industry officials say that New Delhi is ignoring a cleaner burning fuel, which offered more supply security during the war compared to crude oil and LPG