Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts

Sep 27, 2024

With the softening of crude prices in the international market, it is estimated that the government may save up to Rs 60,000 crore on...

Indian markets open flat amid weak global cues; lower oil prices support medium-term outlook

Jun 18, 2026

Indian equity markets opened in red on Thursday, though market analysts noted that the medium-term market setup remains supportive as long as global crude...

Resume futures trading in crude palm and soybean oil: Industry body to SEBI

Sep 13, 2022

New Delhi [India], September 13 : Domestic edible oil industry body Solvent Extractors' Association of India requested financial market regulator SEBI to resume futures...

India open to resuming Venezuelan crude imports based on commercial viability: MEA

Feb 05, 2026

India reaffirmed it remains open to sourcing crude oil from Venezuela and other regions based on commercial viability. MEA spokesperson Randhir Jaiswal highlighted Venezuela...

India's Russian crude imports prevented price surge in global oil market

Dec 30, 2023

The report emphasised that these purchases, totalling an estimated 1.95 million barrels per day (b/d), were pivotal in averting potential chaos in the crude...

Nifty, Sensex close higher as softer crude prices ease market worries

Aug 25, 2026

The equity markets closed higher on Tuesday, supported by a moderation in crude oil prices and bond yields after the much-anticipated US sanctions against...