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Indian refiners brace for pricier crude after September as Russia sanctions loom

New Delhi, Aug. 10 -- India's state-run oil refiners are bracing for higher crude procurement costs and tighter availability as they prepare to buy oil for delivery after September amid the prospect o... Read More


India secures LNG supplies till September amid fresh escalation in West Asia war

New Delhi, Aug. 1 -- India has secured adequate supplies of liquefied natural gas (LNG) to meet demand till September by widening the sourcing of the fuel from the US, the United Arab Emirates (UAE) a... Read More


India braces for energy market volatility as US-Iran war escalates

New Delhi, July 20 -- Indian fuel refiners are bracing for tighter supplies and elevated crude oil prices as the escalating US-Iran conflict threatens to disrupt global energy markets once again, less... Read More


India's Iran oil plans in a quandary after Trump declares US-Iran ceasefire over

New Delhi, July 8 -- Just weeks after India's refiners began exploring the possibility of resuming crude oil imports from Iran, those plans may have run into fresh uncertainty. US President Donald Tru... Read More


Oil jumps over 6% as Trump declares Iran ceasefire, MoU effectively over

NEW DELHI, July 8 -- Oil markets jumped on Wednesday Oil after the US reinstated sanctions on Iranian oil and President Donald Trump declared the ceasefire and memorandum of understanding (MoU) with I... Read More