India’s BPCL and HMEL have each acquired one million barrels of Venezuelan crude, marking significant new imports for the nation.India’s…
Browsing: Oil & Stock Correlation
Urals Crude: A Deepening Discount Amid Geopolitical Pressures The global oil market is a complex tapestry of geopolitical tensions, supply-demand…
Rupee likely to remain at 89-90/USD by FY27-end on softer dollar, manageable CAD: CareEdge RatingsThe Indian rupee is expected to…
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.…
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.…
Import levels in February are forecast to average about 1 million to 1.2 million bpd, easing further to around 800,000…
The global oil market is currently navigating a complex period of geopolitical realignment and shifting trade flows, with recent data…