News for 'Crude oil'

Gulf War: Stocks That Could Buck The Trend And Shine

Gulf War: Stocks That Could Buck The Trend And Shine

Rediff.com14 Apr 2026

10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.

Trump tariffs: With crude off the table, US nudges India towards LNG

Trump tariffs: With crude off the table, US nudges India towards LNG

Rediff.com14 Apr 2025

With India making it clear that the US doesn't have enough spare capacity for crude oil, Washington, DC, now wants India to sign fixed-term liquefied natural gas (LNG) contracts with American producers, multiple sources in the know said.

Why I Want Iran To Win

Why I Want Iran To Win

Rediff.com28 Mar 2026

For that to happen America does not have to lose. It only has to do the right thing, asserts Aakar Patel.

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Draft US-Iran truce deal eyes Hormuz reopening, American troop pullback

Rediff.com27 May 2026

As tensions in the Middle East approach a critical juncture, reports have surfaced regarding a draft memorandum of understanding between the United States and Iran aimed at de-escalating the ongoing conflict, Iranian state media reported on Wednesday.

PM Modi Highlights Worrisome West Asia Situation and Impact on India

PM Modi Highlights Worrisome West Asia Situation and Impact on India

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.

PM Modi Highlights Worrisome West Asia Situation and Impact on India

PM Modi Highlights Worrisome West Asia Situation and Impact on India

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed the Lok Sabha on the West Asia crisis, expressing concern over its impact on the global economy and assuring the safety of Indian citizens in the region.

Putin to visit India in December, says Kremlin

Putin to visit India in December, says Kremlin

Rediff.com30 Aug 2025

Russian President Vladimir Putin will travel to India in December, Kremlin foreign policy aide Yuri Ushakov said. Putin will meet Prime Minister Narendra Modi on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in China's Tianjin city to discuss the preparations for his visit to India.

Markets end in red on surging crude prices, FII outflows

Markets end in red on surging crude prices, FII outflows

Rediff.com10 Jan 2025

From the 30-share blue-chip pack, IndusInd Bank, NTPC, UltraTech Cement, Sun Pharma, Axis Bank, State Bank of India, Tata Steel, Power Grid, Adani Ports and Kotak Mahindra Bank were among the major laggards. Tata Consultancy Services jumped nearly 6 per cent after the IT services company reported an 11.95 per cent jump in the December quarter net profit to Rs 12,380 crore. Tech Mahindra, HCL Tech, Infosys and Bajaj Finserv were the other big gainers.

500% US Tariff Threat Looms Over India

500% US Tariff Threat Looms Over India

Rediff.com9 Jan 2026

A 500 per cent tariff would effectively shut out India's goods and services exports to the US.

Qatar halts LNG production amid Iran attack, supply to India disrupted

Qatar halts LNG production amid Iran attack, supply to India disrupted

Rediff.com4 Mar 2026

Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors.

Crude imports from US rebound as Russia sanctions get tighter

Crude imports from US rebound as Russia sanctions get tighter

Rediff.com12 Sep 2024

Even as Russia and West Asia have been slugging it out for market share in India to sell their crude oil, the US is quietly making its moves on the sidelines. The US has doubled its share of the Indian crude market in the past few months, according to industry sources and ship-tracking data. Some of the increase in America's market share may have come at the expense of Russia, India's biggest crude oil supplier, said industry sources.

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

India imports euro 49 bn worth of Russian oil in 3rd year of Ukraine invasion

Rediff.com25 Feb 2025

India, the world's third largest oil consuming and importing nation, bought crude oil worth 49 billion euros from Russia in the third year of Moscow's invasion of Ukraine, a global think tank said. India, which has traditionally sourced its oil from the Middle East, began importing a large volume of oil from Russia soon after the invasion of Ukraine in February 2022.

India Diversifies Petroleum Exports To New Markets

India Diversifies Petroleum Exports To New Markets

Rediff.com17 Nov 2025

India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines (2,235 per cent), and Namibia (1,068 per cent) in H1FY26.

Trump urges countries to send warships to open Hormuz Strait

Trump urges countries to send warships to open Hormuz Strait

Rediff.com14 Mar 2026

Trump also called upon China, France, and Japan, among others, to send ships to the Strait of Hormuz.

Tariffs on India 'huge success', may be rolled back: US treasury secy

Tariffs on India 'huge success', may be rolled back: US treasury secy

Rediff.com24 Jan 2026

US Treasury Secretary Scott Bessent indicated a potential pathway to remove tariffs imposed on India for purchasing Russian oil, citing a significant decrease in such purchases. He also criticized Europe's approach and accused India of profiting from discounted Russian oil.

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Modi speaks to France, Oman, Malaysia leaders amid Gulf energy hub strikes

Rediff.com19 Mar 2026

Amidst escalating tensions in West Asia, India strongly condemns the recent attacks on energy infrastructure, warning of further destabilisation to the already uncertain global energy market.

Despite Sanctions, India's Russian Oil Imports Surge

Despite Sanctions, India's Russian Oil Imports Surge

Rediff.com1 Feb 2025

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.

8 key infra sectors record 4-month high growth at 3.7% in December

8 key infra sectors record 4-month high growth at 3.7% in December

Rediff.com20 Jan 2026

India's eight key infrastructure sectors registered a four-month high growth rate of 3.7 per cent in December last year, driven by a jump in the output of fertiliser and cement, according to official data released on Tuesday.

Strait of Hormuz shut, 37 Indian-flagged ships stuck

Strait of Hormuz shut, 37 Indian-flagged ships stuck

Rediff.com3 Mar 2026

Dozens of Indian-flagged ships and over a thousand seafarers are stranded in the Persian Gulf, Gulf of Oman, and surrounding areas due to the closure of the Strait of Hormuz amidst ongoing military actions involving the US, Israel, and Iran.

Costs could rise...: Skoda India director on shipping disruptions

Costs could rise...: Skoda India director on shipping disruptions

Rediff.com6 Apr 2026

'So far our production is not affected. But every day the situation prolongs, it does bring risks in terms of shipments getting delayed.'

West Asia crisis: Stocks suffer worst week in years, echoing Covid chaos

West Asia crisis: Stocks suffer worst week in years, echoing Covid chaos

Rediff.com14 Mar 2026

Benchmark indices tumbled about 2 per cent on Friday, capping one of the most turbulent weeks for domestic equities as investors fretted that the West Asian conflict could drag on for weeks or even months.

Exports up 19.37% to $38.13 bn in November

Exports up 19.37% to $38.13 bn in November

Rediff.com15 Dec 2025

India's exports jumped by 19.37 per cent to $38.13 billion in November, while imports dipped by 1.88 per cent to $62.66 billion, according to government data released on Monday.

Why It Is Time To Double Your SIPs

Why It Is Time To Double Your SIPs

Rediff.com22 May 2026

'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'

Iran Rewrites Rules of War

Iran Rewrites Rules of War

Rediff.com17 Mar 2026

Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.

Dates for Putin's India visit being finalised: Doval

Dates for Putin's India visit being finalised: Doval

Rediff.com7 Aug 2025

NSA Ajit Doval has indicated that dates for Russian President Vladimir Putin's visit to India are being worked out during his meetings in Moscow. Discussions also covered bilateral energy and defence cooperation, amidst ongoing concerns over India's procurement of Russian crude oil.

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

India pushing for dialogue, diplomacy to resolve West Asia crisis, Modi tells LS

Rediff.com23 Mar 2026

Prime Minister Narendra Modi addressed Parliament on the West Asia crisis, advocating for dialogue and diplomacy, ensuring the safety of Indians in the region, and addressing concerns about fuel and food security.

US sanctions 2 largest Russian Oil companies

US sanctions 2 largest Russian Oil companies

Rediff.com23 Oct 2025

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.

Iran's offer 'piece of garbage', truce on 'massive life support': Trump

Iran's offer 'piece of garbage', truce on 'massive life support': Trump

Rediff.com12 May 2026

Donald Trump has dismissed the ceasefire with Iran as being on 'massive life support', signalling continued tensions between the US and Iran amid ongoing negotiations.

'Trump grasping for excuses to slap tariffs on India'

'Trump grasping for excuses to slap tariffs on India'

Rediff.com19 Feb 2026

A US lawmaker has criticized President Donald Trump's tariff policy on India for purchasing Russian oil, urging him to reverse it immediately.

'Efficiency of E20 is more or less on a par with petrol'

'Efficiency of E20 is more or less on a par with petrol'

Rediff.com23 Sep 2025

'Crude oil prices are around $66-67 per barrel now but could fall to $55-60 if global disturbances ease.'

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com29 Apr 2026

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

UAE's OPEC Exit: A Policy-Driven Evolution for Energy Future

Rediff.com28 Apr 2026

The United Arab Emirates has announced its decision to withdraw from OPEC and the wider OPEC+ alliance, effective May 1, 2026, signalling a significant policy-driven evolution in its long-term energy strategy aimed at aligning with domestic economic goals and increased production investment.

Stock Markets Today: Sensex, Nifty50 Tumble on Fresh Tensions in West Asia

Stock Markets Today: Sensex, Nifty50 Tumble on Fresh Tensions in West Asia

Rediff.com9 Apr 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 9, 2026.

We've not had a US president who...: Jaishankar amid tariff war

We've not had a US president who...: Jaishankar amid tariff war

Rediff.com23 Aug 2025

The relations between New Delhi and Washington are on a downturn after Trump doubled tariffs on Indian goods to a whopping 50 per cent, including 25 per cent additional duties for India's purchase of Russian crude oil.

Rupee rises 13 paise to close at 90.34 against US dollar

Rupee rises 13 paise to close at 90.34 against US dollar

Rediff.com5 Feb 2026

The rupee appreciated 13 paise to close at 90.34 against the US dollar on Thursday, on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-US trade deal.

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Stock Markets today: Sensex, Nifty Rebound on Sun Pharma Acquisition News

Rediff.com27 Apr 2026

Indian benchmark indices Sensex and Nifty rebounded in early trade after three days of decline, driven by a rally in Sun Pharma following its USD 11.75 billion acquisition of US-based Organon & Co, alongside a positive trend in global equity markets.

Attack that killed Indian crew member was deliberate: Safesea chief

Attack that killed Indian crew member was deliberate: Safesea chief

Rediff.com13 Mar 2026

The chairman of maritime company Safesea Group has described the attack on the US-owned crude oil tanker Safesea Vishnu, which resulted in the death of an Indian crew member, as "deliberate and calculated". He emphasised the need for governments to ensure the safety of commercial shipping lanes and seafarers.

IndiGo stock may face more downgrades due to Middle East crisis

IndiGo stock may face more downgrades due to Middle East crisis

Rediff.com12 Mar 2026

IndiGo operator InterGlobe Aviation had a mildly encouraging third quarter in financial year 2026 (Q3FY26).

Iran war: Centre announces Rs 497 crore export relief package

Iran war: Centre announces Rs 497 crore export relief package

Rediff.com20 Mar 2026

In view of the disruptive situations, the Central government has also announced a financial relief package of Rs 497 crores aimed at helping exporters affected by disruptions in West Asia.