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Browsing: Oil & Stock Correlation
Bharat Petroleum, HMEL turn to Venezuelan crude as India reduces Russian oil purchases: Report, ETEnergyworld
India’s BPCL and HMEL have each acquired one million barrels of Venezuelan crude, marking significant new imports for the nation.India’s…
Russia’s flagship Urals oil blend is being sold from its Baltic ports at the deepest discounts for around three years…
Rupee likely to remain at 89-90/$ by FY27-end on softer dollar, manageable CAD: CareEdge Ratings, ETEnergyworld
Rupee likely to remain at 89-90/USD by FY27-end on softer dollar, manageable CAD: CareEdge RatingsThe Indian rupee is expected to…
Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough, ETEnergyworld
Oil prices settled more than 4 per cent higher on Wednesday as traders priced in potential supply disruptions amid concerns…
India’s Russian crude oil imports hit their lowest since late 2022 in January, falling to 1.1 million barrels per day.…
India’s Bharat Petroleum & HMEL buy Venezuelan crude, diversifying oil imports, ETEnergyworld
Indian refiners Bharat Petroleum and HMEL have bought Venezuelan crude oil. This marks Bharat Petroleum’s first purchase and HMEL’s first…
Trump had also claimed earlier this month that India had agreed to discontinue Russian oil imports as part of a…
Distillery capacity is growing faster than ethanol demand. Oil companies expect only a small rise in procurement for petrol blending.…
Russian share of India’s January oil imports falls to lowest level since late 2022, ETEnergyworld
Import levels in February are forecast to average about 1 million to 1.2 million bpd, easing further to around 800,000…
Russian crude shipments in January made up the smallest portion of India’s oil imports since late 2022, according to data…