Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.

Lower crude oil import prices have raised hopes for lower petrol and diesel rates, enhancing macroeconomic stability amid global price declines.

India is increasing its purchases and imports of crude oil from the United States in advance of crucial tariff talks next ...

Indian Oil Chairman Arvinder Singh Sahney said that all purchase decisions would be purely on commercial basis, and there was ...

India's vegetable oil industry has urged the government to widen the import tariff differential between crude and refined ...

India’s crude oil imports from its largest supplier Russia is expected to surpass 2 million barrels per day (mb/d) in the current month—the highest since May 2023. The development also ...

Last week, Trump warned of additional tariffs of 25% to 50% on countries buying Russian oil. As per Vortexa data, US crude imports into India rose by 67% in March as against February. At the same ...

Indian energy importers are switching from pricey LNG to cheaper oil products ... while naphtha rates in India are closer to $8 to $9 per million Btu thanks to a slump in crude.

India’s total crude oil imports in April are expected to reach approximately 5.2 -5.3 million barrels per day, as per Kpler data. (Reuters) India’s import of Russian oil touched its highest ...

Cooling crude oil prices are expected to ease India's fertilizer subsidy burden and import bills, in a spot of relief for the economy navigating a raging tariff war. Cheaper oil also promises to ...

Investment advisor Gaurav Jain says the timing couldn’t be better for India, which imports most of its oil. From curbing inflation to boosting forex reserves, the crude slide could hand the ...

Russia is boosting its crude oil exports, with shipments to China and India rebounding as traders and buyers have reshuffled tanker supply chains following the U.S. sanctions on Russia’s oil ...