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Crude Oil Natural Gas

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India calls for ceasefire, hostage release; hails Gaza peace plan

India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy, and New Delhi welcomed the agreement on the first......

US Sanctions May Not Stop Russian Oil Flow To India

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year. Illustration:......

US sanctions 2 largest Russian Oil companies

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. IMAGE:......

India slams US tariff hike as 'unfair, unjustified'

The United States action of levying 25 per cent additional tariff on Indian goods is 'unfair, unjustified and unreasonable', India said on Wednesday in a firm reaction, signalling increasing......

Getting India to stop buying Russian oil: Trump's envoy pick for India

United States ambassador-designate to India Sergio Gor on Thursday said India's protectionist policies and regulatory barriers have prevented Washington from fully realising its partnership with......

Russia Oil Imports Up In Oct

After a three-month slowdown, India's oil imports (already landed) from Russia bounced back in the first 15 days of October to 1.8 million barrels per day. Photograph: Bing Guan/Reuters   Owing......

Industry wants natural gas brought under GST

The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi's vision for a gas-based economy and raising the share of the......

India signs first LPG term deal with US to import 2.2 mt of cooking gas

In a first, Indian oil public sector undertakings (PSUs) finalised a one-year contract to import around 2.2 million tonnes (mt) of liquefied petroleum gas (LPG) from the US. Photograph: Turar......

US sanctions may cut off India's access to Russian crude oil

India is preoccupied with analysing the US sanctions, which may cut off India's access to discounted Russian crude and force it to buy at market prices. IMAGE: Vladimir Putin Introduces the......

Forget rising oil; invest in natural gas

Oil billionaire T Boone Pickens has predicted that crude oil will touch $150 soon. And he also says the one commodity that will grow bigger than oil is natural gas.In the last one year, natural gas......

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