Crude Oi News
Russia oil imports set to drop by half in December to 1 mn bpd amid fall in fresh orders
India's crude oil imports from Russia are projected to drop sharply by nearly 47% in December.
4 min read28 Nov 2025BPCL, HPCL, IOC stocks rally up to 3% as crude oil prices drop to one-month low
Shares of BPCL, HPCL, and IOCL rose up to 3% on Tuesday as Brent crude futures fell to $61 per barrel. The increase in share prices reflects improved market sentiment amid expectations of a potential peace agreement in Ukraine that may lift sanctions on Russian oil.
2 min read26 Nov 2025Oil could fall to the $30s—unless someone turns off the taps
Oil demand has been rising. But supply is rising more than twice as fast, and it is starting to overwhelm the market.
1 min read25 Nov 2025Crude Oil prices near 1-month low. Opportunity to buy?
Crude oil prices fell on Tuesday, reversing Monday's gains due to optimism in Ukraine peace talks. The market anticipates increased supply, contributing to a 4th consecutive monthly decline. MCX crude traded at ₹5,236/ bbl amid global price volatility & concerns about weak demand and oversupply.
2 min read25 Nov 2025Indian OMCs set for 50% jump in FY26 profitability as marketing margins soar
Strong marketing margins and stable fuel prices drive operating profits to $18-20 per barrel, supporting ₹90,000 crore capex and improving credit metrics for state-owned oil firms.
2 min read21 Nov 2025Govt withdraws BIS norms on polyester chain, polymers; user industry cites relief on costs for MSMEs
This policy shift provides significant relief for downstream user industries, particularly MSMEs, by allowing them easier access to globally competitive, and often cheaper, imported raw materials.
6 min read14 Nov 2025INR vs USD: India-US trade deal may strengthen Rupee to 83 per Dollar; analysts assess impact of trade pact on currency
The Indian rupee has weakened in 2025, influenced by a strong US dollar and high oil prices. Recent optimism over a potential US-India trade agreement has provided some support, with experts predicting the rupee could strengthen if the deal boosts exports and capital inflows.
3 min read12 Nov 2025Reliance International: How global oil dynamics made Abu Dhabi unit a vital trade artery for Reliance
Reliance International Ltd, a subsidiary of Reliance Industries, has emerged a key unit of the conglomerate contributing nearly one-fifths of the parent's consolidated revenues. Here's how the Abu Dhabi-based, oil-trading unit has emerged a key piece in operations at India's largest company.
5 min read12 Nov 2025Indian state refiners HPCL, MRPL buy 5 million barrels of US, Mideast oil: Report
Indian refiners are scouting for alternatives after U.S. President Donald Trump imposed sanctions on Rosneft and Lukoil, Russia’s two largest oil companies, in an attempt to pressure President Vladimir Putin to end the war in Ukraine.
1 min read10 Nov 2025‘Credit not enough, small businesses need cash subsidy to ease US tariff pain’
Till the tariff-related uncertainty wanes, the Centre should consider interim benefits to businesses, which are dependent on exports, particularly MSMEs, Nirmal K. Minda, executive chairman of UNO Minda Group and newly-appointed president of industry body Assocham, said.
2 min read7 Nov 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.