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Friday, September 26, 2025
TopicCrude oil

Topic: crude oil

Oil plummets further after Trump suspends travel from Europe to US

Brent crude for May delivery fell 5.3% to $33.88 a barrel after Trump said US would suspend all travel from Europe for next 30 days.

Bharat Petroleum grabs US crude on its way to China after tariffs kicked in

BPCL bought one or two cargoes of US crude recently diverted from its original destination of China & could buy more American oil headed there.

Modi govt plans to resume oil imports from Iran, skirt US sanctions

New govt plans to hold talks with Iran at the earliest to discuss ways to resume oil imports and is even looking to pay in Indian currency.

Elections keep petrol & diesel rates in check in India, even as global crude price soars

Global crude price has risen by almost $9 since 10 March, when the Lok Sabha polls were announced. But average petrol price in India has risen by just 50 paise.

Modi govt promised to raise India’s crude oil output – but it actually dropped last 5 yrs

Higher crude imports went unnoticed due to global prices, analysts say. Modi govt says ‘made considerable progress, but it takes time’.

Why China isn’t standing by Iran while its trade war with US continues

China continues to benefit from Iran’s energy resources while Iran struggles to use its earnings to purchase Chinese exports.

8 core industries grew slowest in 16 months due to fall in output of crude oil & fertilisers

Crude oil and fertiliser production recorded negative growth of 3.5 per cent and 8.1 per cent, respectively in November 2018.

Reliance said to expand world’s largest oil-refining complex

The proposed plant will be able to process as much as 30 million tons of crude a year.

India among 8 countries to be given Iran oil sanctions waivers, says Michael Pompeo

Secretary of State Michael Pompeo said the US will grant waivers to these countries to ease their transition away from Iranian crude oil.

India’s headline inflation might be low, but it may not stay that way for long

Between a record-low currency, high oil prices, and a looming election, India's inflation rate could take a hit.

On Camera

India can’t go one-on-one with Morocco. Move beyond bilateral deals in Africa or get left out

India’s entry into Morocco should not be seen as a direct counter to Pakistan-Saudi Arabia or any singular rivalry. Geopolitics no longer works through straight-line confrontations.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Govt inks deal with HAL for 97 new Tejas Mk1A; previous order’s deliveries likely to begin next yr

There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.