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UAE crude exports to India hit multi-year high
Plus: ONGC to build the country’s newest oil reserve
THIS AFTERNOON: Indian government hikes diesel, jet fuel windfall taxes
Plus: India purchases 6 mn Adnoc barrels
Russia grabs 37% of India’s total oil import bill in April
Plus: India’s fuel shock reaches households as LPG prices rise
How the Iran war is changing India’s energy purchases from the Gulf
While Oman LNG exports to India have increased, the US is taking the top spot as the LPG supplier
India looking for contingency measures as energy bill surges by 50% in April
As Gulf supplies tighten with aggressive pricing, Indian refiners turn to discounted Venezuelan crude to stabilize feedstock
KSA and UAE oil supply to India is increasing
While exports from Iraq, Kuwait, and Qatar remain choked, the two Gulf heavyweights are leveraging alternative export routes to bypass…
Govt slashes fuel taxes, brings back windfall levies as crude surges
With the Indian Crude Basket nearing USD 150, the government’s tax cuts will shield state-run retailers but cost the treasury…
Iraq, Saudi reclaim India’s crude share amid sanctions
Plus: Air India flags USD 1.6 bn loss after crash setback
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