Crude Oil
AA Edit | Fuel, US Fed: Headwinds to economy
The cause for worry comes from other factors that will come into play despite India’s comfortable position as a big and growing oil consumer
Abhijit Bhattacharyya | Why allow yuan payments for import of Russian oil?
Indian companies have begun to pay for the import of Russian crude oil not in the dollar
Centre cuts windfall tax on domestic crude oil
The government has also cut the rate on export of diesel to Rs 5 per litre from Rs 8 per litre
'Legit energy transactions of India should not be politicised'
The US said it is in touch with India on the matter and sent a thinly-veiled message
India's legitimate energy transactions should not be politicised: Sources
Russia has made the offer to India and many other countries after the US last week banned all Russian oil and gas imports
Middle East's share of India's oil imports hits 25-month low
Asia's third-largest economy imported about 4.2 million barrels per day (bpd) of oil in May
Only the farmer bats for India as eight core sectors shrink 9.6%
Only the fertiliser industry continued to grow through the worst of the Covid months
Oil prices struggle to hold five-month high amid growing demand fears
Investors remained wary of rising refined product inventories at a time when US bankers said rise in cases was slowing the economic recovery
Oil prices slip on demand worries as coronavirus cases rise
The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd to global supply
Oil prices fall amid US-China tensions, increasing pandemic fears
Oil demand has improved somewhat from the deep trough of the second quarter, supporting prices, although the recovery path is uneven