#Crude

It addresses a relatively small component of India’s overall petroleum demand. Its benefits are real, but the scale of those benefits should not be confused with an equivalent reduction in crude oil imports

Chinese refiners are buying crude from West Africa and Brazil after a drop in long-haul freight rates cut costs, giving them more supply options as competition for Russian barrels intensifies.

Oil prices fell, with U.S. benchmark crude slipping back under $100 a barrel as traders held out hopes for regional diplomatic efforts to ease Middle East tensions.

India’s imports of Middle Eastern crude surged to 54% of total oil purchases in September, with rising freight costs from the US-Iran conflict making Russian supplies less competitive, as traders highlight steep Gulf discounts

As for Russian crude, Ukrainian attacks on Russia’s oil and gas infrastructure is a key reason for the pressure on Moscow’s oil exports.

Nosebleed tanker rates have led to lower premiums and even discounts for US and African oil shipments.

Crude oil benchmarks dip as attacks on Saudi facilities rattle markets, but UAE's Murban crude defies the trend, surging 3% to $118 a barrel.

India will continue purchasing Russian oil despite US calls to diversify energy sources, with analysts suggesting a hidden agenda behind Washington’s push for Venezuelan oil, aiming to weaken New Delhi’s ties with Moscow

Rubio’s visit put Venezuelan crude on the table as one option for India’s crude mix, which could be used as a bargaining instrument. It did not close the trade deal or settle where the barrels will come from

With emergency stocks at multidecade lows, analysts say the world may have only a month or two if Hormuz shuts again.

US Secretary of State Marco Rubio, who visited Reliance's Jamnagar refinery, wants India to import more Venezuelan oil, especially through RIL. But there are limits to how much more India can import. Here's why.

The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.

Amid rising domestic fuel prices, the US is seeking India’s support, focusing on Reliance Industries’ refining capacity. Marco Rubio’s visit highlights a shift from pressure on Russian oil to collaboration for energy solutions

Oil prices face mounting pressure as ExxonMobil and Chevron warn of weakening demand, unusually low inventories, and operational challenges at key refineries.…

China has cut down on its crude oil imports amid the Strait of Hormuz crisis, blunting the oil shock for India and other Asian refiners. But why did it do this, and how long can it hold back?

The government has asked oil companies to build 30-day LPG reserves amid Hormuz supply risks. What are strategic reserves? What is the status of LPG reserves in India? How is it different from Strategic Petroleum Reserves (SPRs)?

Oil prices dipped Thursday amid reports that the U.S. and Iran had reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz.…

Exxon and Chevron executives warn at Bernstein conference that near-record-low oil inventories will push Brent prices to $150-$160 within weeks.

India will partner with the United Arab Emirates to expand its strategic crude and gas reserves, a key step for the world’s third-largest oil consumer to guard against future supply disruptions.

The West Asia crisis has sent crude prices spiralling and forced the government to hike fuel prices. If prices remain anywhere close to the $100-per-barrel level for the full year, it would upend both household as well as government budgets.