Global oil markets may be dominated by concerns about a glut, but producers have found some support in buying from China and ...

India's petroleum product consumption halves in FY26, primarily due to reduced diesel usage amid changing fuel patterns.

India spent €2.5 billion on Russian oil in October, maintaining its position as the second-largest buyer amid new sanctions.

India's state-run oil companies have secured a one-year deal to import 2.2 million tonnes of cooking gas from the US, marking ...

The term deal, which Petroleum Minister Hardeep Singh Puri called a “historic first”, is for imports of around 2.2 million ...

India has scaled back purchases of Russian crude for arrival in December, showing that Western sanctions and trade talks with ...

India remained the second-largest importer of Russian crude in October, second only to China. According to CREA, the country ...

China and India are increasing crude purchases—mostly discounted Middle Eastern grades—providing relief to producers amid ...

The agreement for 2.2 million tonnes per annum aims to diversify India’s energy imports, even as US tariffs and Russian oil restrictions continue to complicate bilateral relations.

India maintained its 2.5 billion euro Russian oil purchases in October, ahead of impending sanctions and rising global ...