Declining shipments of petroleum products hurting India's overall export figures

Sep 17, 2024

A substantial decline in the prices of crude oil and similarly petroleum products is one of the key reasons behind the moderating exports globally,...

Refined fuel shortage worse than crude as infra damage hits refineries: Report

Mar 18, 2026

The ongoing disruption in global energy markets due to tensions in West Asia could lead to a more severe crisis in refined petroleum products...

India's strong refining capacity reduced impact of energy shocks on India, helped save cost: EY

Jun 26, 2026

India's strong crude oil refining capacity helped reduce the impact of the recent West Asia-led energy crisis on the domestic economy by avoiding the...

US Treasury eases oil sanctions on Iran till April 19; temporarily permits sale of Iranian crude and refined products into US

Mar 21, 2026

Amid the heightened geopolitical tensions and concerns over disruptions to energy flows through the Strait of Hormuz, the United States on Friday (local time)...

India cuts import duty on refined soy, sunflower oils

Jun 15, 2023

India has reduced customs duty on imports of refined soyabean oil and refined sunflower oil to 12.5 per cent from 17.5 per cent, according...

India is now Europe's largest supplier of refined fuels

Apr 30, 2023

Europe's reliance on Indian crude oil products has grown since the ban on Russian oil. Europe's refined fuel imports from India are set to...