Crude Oil

Nifty ended the session at 24,176, a gain of 170 points, or 0.7 per cent

The two countries will cooperate on strategic petroleum reserves, maritime energy transport and upstream investments to strengthen energy resilience amid geopolitical uncertainty

State-owned Oil India expects its Rs 28,000 crore Numaligarh refinery expansion project to be operational by early 2027, tripling refining capacity to 9 million tonnes

Russian crude imports rose to a record 2.58 million barrels a day in June as discounts widened and refiners diversified sourcing amid supply constraints from West Asia

The West Asia crisis has intensified concerns over India's ability to withstand global oil supply disruptions

Consumer goods companies are delaying planned price hikes as easing crude oil prices reduce input cost pressures, helping them protect volume growth amid a fragile demand recovery

A tripartite agreement hopes to clear the ground for oil and gas exploration in the Northeast, but it won't be easy

Easing crude oil prices, strong demand and IndiGo's expansion plans are expected to boost earnings, while lower fuel costs could improve margins across the aviation sector

The rupee rose for a fourth straight session and bond yields eased as crude oil prices fell below pre-conflict levels and strong foreign debt inflows lifted market sentiment

Today's opinions explore India's forex reserve strategy, Alan Greenspan's complex legacy, West Bengal's urban renewal agenda, maize-led farm growth and China's coercive diplomacy

Until June 20, Russia contributed to nearly 50 per cent of India's total crude oil imports in the month, showed data from maritime intelligence firm Kpler

The United States has temporarily eased sanctions on Iranian oil exports, linking the move to commitments by Tehran on nuclear inspections and free transit through the Strait of Hormuz

The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since the conflict began.

The US-Iran peace deal has lifted global sentiment, pushed oil prices lower, and sparked a rally in Indian stocks. But does this mark the beginning of a sustained recovery for Indian markets?

Iran has been the early winner from the easing of tensions with the US following the signing of an interim peace deal and has wasted no time in resuming oil exports

Three Indian-flagged crude oil tankers carrying over 8.6 lakh million tonnes of cargo with 94 crew members from the country transited through the Strait of Hormuz on Saturday and are en route to India, Union Minister Sarbananda Sonowal said. The three crude oil tankers -- Desh Vaibhav, Desh Vibhor, and Sanmar Herald -- are expected to arrive in India between June 24 and July 1. While Desh Vaibhav is expected to reach Vadinar Port on June 24, Desh Vibhor is likely to arrive at Sikka Port the same day. Sanmar Herald, the third Indian-flagged oil tanker to cross the Strait of Hormuz on Saturday, is scheduled to reach Paradip on July 1. "3 Indian-flagged crude oil tankers, Desh Vaibhav, Desh Vibhor and Sanmar Herald carrying over 8.6 Lakh MT of cargo with 94 Indian crew members have successfully transited the Strait of Hormuz today and are en route to India," Minister of Ports, Shipping & Waterways Sonowal said in a post on X. "Under the decisive leadership of Hon'ble PM Shri ...

In this episode of Macro Matters, veteran journalist A. K. Bhattacharya joins us for a wide-ranging discussion on the forces shaping the future of global power.

Data from Vortexa shows most cargoes are destined for Asia, with several tankers already indicating routes toward China and regional transshipment hubs in Southeast Asia

The proposed US-Iran agreement could revive India's crude imports from Iran, improve energy security and provide renewed momentum to the strategically important Chabahar Port