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Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...
India’s imports of crude oil from the US rose sharply by nearly 34% on a month-on-month basis in April as the country ramped ...
India imported 85,000 bpd more crude from the US in April than in March, mostly on VLCCs, Braemar said. The country also ...
This is in line with India’s stated position to enhance annual energy imports from the US to $25 billion from $15 billion currently. Both crude oil and liquefied natural gas (LNG) purchases from ...
This may slightly temper flows post-May,” Ritolia added. India’s crude oil imports in April 2025 held firm near 4.92 mb/d, with Russia reaffirming its dominance, he said adding, Iraq retained ...
Indian liquefied natural gas importers have signed a flurry of long-term purchase agreements linked to the US price benchmark ...
India, the world's third largest oil importing and consuming nation, is likely to save as much as Rs 1.8 lakh crore on import ...
Importers, meanwhile, are happy with where prices are ... While its cheap crude oil imports kept booming, India’s economic growth has been quite strong, too—despite a projected slowdown ...
The share of Russian crude in India’s oil import basket rose to 39.3 per cent in April from 35.7 per cent in March. “Russia’s strong showing was underpinned by a confluence of economic, operational, ...
Oil prices fell more than $2 a barrel early Monday after the OPEC+ group of oil producing nations said it plans to increase ...