Havoc in Hormuz no hurdle for India's crude imports

Petrol, Diesel Prices On July 2: Check New City-Wise Fuel Rates

Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.

India eyes further oil exploration after Iran war shortages

Hit by the biggest energy supply shock in decades during the Middle East war, import-dependent India is expanding domestic crude exploration, its oil minister says. India, the world’s third-largest importer of oil and the second-largest buyer of liquefied petroleum gas, faced major disruptions due to restrictions on the Strait of Hormuz during the conflict between the United States and Iran. With a temporary US-Iran deal in place to pause hostilities, oil and gas shipments are flowing through...

Puri on why India has among world's cheapest fuel

Puri on why India has among world's cheapest fuel

India’s Wartime Buying Spree Leaves Behind Cooking Gas Glut

India’s frenzied efforts to counter disruptions in cooking gas supplies over the past months, while cargoes remained trapped in the Persian Gulf, has left state-run fuel retailers with the opposite problem — more than they can sell.

India's crude imports rebound as refiners diversify sourcing amid Gulf disruptions: HSBC

New Delhi, [India] June 30 (ANI): India's crude oil imports have largely recovered to pre-conflict levels despite months of disruptions in the Middle East, with refiners successfully diversifying supplies by increasing purchases from Russia, the United States, Oman, West Africa and South America, according to an HSBC Global Research report.The report says Indian refiners have adapted quickly to the supply disrup

Rupee’s pain has a global address

The dollar trap. Much of India’s global trade is invoiced in dollars, which to an extent is inevitable -- but not entirely so

Cooking gas shortage hits Mugu

By Hari Krishna Aidi, Mugu, July 5: Despite regular deliveries of liquefied petroleum (LP) gas and other petroleum produ...

The next oil shock won't shake India like in the past. Story of a 90-day shift

The next oil shock won't shake India like in the past. Story of a 90-day shift

India explores oil exploration expansion after Iran war disruption

Left under a strain of the biggest energy supply shock in decades during the Middle East war, import-dependent India is now expanding domestic crude exploration, its oil minister s...

Claims of Bhutan rejecting Indian E20 false, Petroleum Ministry says "no such proposal for exporting E20 petrol"

New Delhi [India], July 5 (ANI): The Ministry of Petroleum and Natural Gas on Sunday said that India's Oil Marketing Companies (OMCs) never made any offer to export E20 petrol to Bhutan, and said that there is 'no such proposal' on exporting E20 petrol to the neighbouring country.The ministry said that the reports of Bhutan rejecting imports of India's E20 petrol are incorrect.In a post on Facebook, the M

India’s Russian crude oil imports reach new high in June, up 34%

India’s imports of Russian crude oil reached a new high in June, up 34 per cent from the month before despite a drop in Russia’s total oil export earnings, as per the report by the Centre for Research on Energy and Clean Air (CREA). According to the report, India is the second-largest consumer of Russian hydrocarbons []

Dangote Refinery imports first crude from UAE

The Dangote Petroleum Refinery has purchased two cargoes of crude oil from the United Arab Emirates, UAE. SP Global Commodity Insights reports that the latest crude import from the UAE is the first-ever procurement of Middle Eastern crude as the plant expands its feedstock sources amid persistent domestic supply constraints from Nigerian National Petroleum Company [] Dangote Refinery imports first crude from UAE

India Considers Resuming Iranian Crude Purchases if U.S. Extends Sanctions Waiver

(NaturalNews) Indian state-owned refiners are weighing a return to purchasing Iranian crude oil if the United States extends a temporary sanctions waiver beyond its...

Who is Tenzing Lamsang, anti-Modi editor of The Bhutanese who spread the false claim that Bhutan rejected India’s E20 petrol offer

The Petroleum Ministry said no E20 proposal existed. Yet Lamsang turned Bhutan’s request for continued conventional petrol into a rejection story. His past posts show a long record of hostile commentary on India and Modi.

Dangote Refinery denies claims of fuel export, re-importation scheme

Dangote Petroleum Refinery and Petrochemicals has dismissed allegations that its petroleum products are exported to Lomé, Togo, and subsequently re-imported into Nigeria, describing the claims as false, misleading and lacking any commercial or operational basis. The post Dangote Refinery denies claims of fuel export, re-importation scheme appeared first on Vanguard News.

The truth behind claims Dangote petrol sells cheaper outside Nigeria

Claims of cheaper Dangote petrol abroad spark debate, yet evidence shows no proof of lower prices outside Nigeria. The refinery denies re-exporting fuel.

Why E20 petrol isn't cheaper than regular fuel despite higher ethanol content, government explains

The central government has once again addressed public concerns about ethanol-blended petrol. One of the prominent questions that is there in the mind of the people is that why petrol is not cheaper even after ethanol is added. Explaining the reason, The Ministry of Petroleum and Natural Gas said that E20 petrol isn't cheaper than pure petrol because ethanol procurement costs remain higher at current crude oil prices. Ethanol is made from sugarcane, maize, or grain. It is renewable, domestically produced and has cleaner burning than pure petrol. The government said that ethanol is deliberately purchased at high, fixed rates, up to 71.86 rupees per litre, to support Indian farmers.

Is India at Risk of a 500% US Tariff? Four Senators Push Trump-Backed Russia Bill

India has been affected by the rising energy prices due to the the US and Iran conflict. The country might face another major challenge as four American senators have announced an agreement with the Trump administration to advance legislation targeting countries

E20 fuel price: Why E20 petrol is not cheaper than pure petrol despite 20% ethanol blending

India has explained why E20 petrol isn't cheaper than pure petrol despite containing 20 ethanol, saying domestic ethanol procurement costs remain higher at current crude oil prices. The government says the programme is aimed at strengthening energy security and cushioning consumers from global oil price volatility rather than reducing pump prices.

Rupee rallies 50 paise as cheaper crude lifts sentiment

The Indian rupee saw its best day in nearly a month, gaining against the dollar. This rise followed reports of Saudi Arabia reducing crude oil prices for Asian buyers. Geopolitical tensions eased, and shipments fully resumed through the Hormuz Strait. Foreign portfolio investor inflows into Indian equities also helped stabilize the currency. The rupee reversed losses from the past three days, ending stronger.

India’s Russian Oil Imports Expose the Failure of Western Sanctions

India’s imports of Russian crude oil have surged to a record high, with Moscow now supplying more than half of the country’s crude oil requirements. According to recent reports, Russian oil accounted for over 50 of India’s imports in June after a temporary US sanctions waiver expired. This development is far more significant than most []

India seeks to quell fears over ethanol-blended petrol

India seeks to quell fears over ethanol-blended petrol

Commodities: Oil Has Its Worst Quarter Since 2020

Commodities: Oil Has Its Worst Quarter Since 2020

Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market

The global oil market may be entering a new phase where the primary price driver is not supply disruption, but the urgent need to rebuild depleted strategic and commercial inventories. Governments, refiners, and traders around the world face mounting pressure to replenish oil stocks that were drawn down during a period of sustained emergency releases [] The post Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market appeared first on Foreign Policy Journal.

The Ag Center – Commodities Report for June 23rd

The Ag Center – Commodities Report for June 23rd

Un Nigérian jugé pour “ Trafic international de cocaïne” à Conakry : « Après cette mission, je devais recevoir 3 000 dollars »

Poursuivi pour des faits présumés de trafic international de drogue à haut risque portant sur 54 boules de cocaïne, Chika Ezeugwu a comparu vendredi, 10 juillet 2026, devant le tribunal criminel de Mafanco. A la barre, l’accusé a reconnu avoir transporté la valise dans laquelle la drogue a été découverte. En revanche, il a soutenu [] The post Un Nigérian jugé pour “ Trafic international de cocaïne” à Conakry : « Après cette mission, je devais recevoir 3 000 dollars » first appeared on Guineematin.com.

Crude price fall: FCCPC frowns at exploitation in oil market, to sanction profiteers

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over findings from an ongoing surveillance of the downstream petroleum market suggesting undue exploitation of consumers. In its statement, FCCPC stated that a review of the gantry prices of local refiners, marketers, depot operators and retail outlet operators revealed token reductions in prices that The post Crude price fall: FCCPC frowns at exploitation in oil market, to sanction profiteers appeared first on Dateline Nigeria.