The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd (BPCL) saying not enough ...

The Union budget FY26 is likely to announce measures for boosting the production of oilseeds and pulses, with a view to reducing the country's import dependence for these items.

India's second-biggest refiner has been relying on Russian barrels, which are at least $3 per barrel cheaper than dated Brent ...

China is responding to Trump's energy-centric executive actions with a global diplomatic blitz. China courts the Middle East without push back from Washington.

China's oil production is expected to remain flat in 2025, while India's oil demand growth outpaces China's amidst a shift in global energy consumption patterns.

The Iraqi Ministry of Oil revealed on Thursday that the country's oil exports in 2024 surpassed 1.2 billion barrels.

President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World ...

Amid the fresh sanction warnings from US on Russia, Indian oil refiners are exploring all available options to replace ...

Since the Ukraine war, India has become the second largest buyer of Russian crude oil, owing to the hefty discount Russia ...

Indian oil refiners are urgently seeking alternatives to Russian crude, affected by recent Washington sanctions. They are ...

India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20% in March from 31% this month as ...

US sanctions on Russian oil and tankers are causing Asian refiners to consider reducing operations due to high crude oil prices.