#Crude

China has cut down on its crude oil imports amid the Strait of Hormuz crisis, blunting the oil shock for India and other Asian refiners. But why did it do this, and how long can it hold back?

The government has asked oil companies to build 30-day LPG reserves amid Hormuz supply risks. What are strategic reserves? What is the status of LPG reserves in India? How is it different from Strategic Petroleum Reserves (SPRs)?

Oil prices dipped Thursday amid reports that the U.S. and Iran had reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz.…

Exxon and Chevron executives warn at Bernstein conference that near-record-low oil inventories will push Brent prices to $150-$160 within weeks.

India will partner with the United Arab Emirates to expand its strategic crude and gas reserves, a key step for the world’s third-largest oil consumer to guard against future supply disruptions.

The West Asia crisis has sent crude prices spiralling and forced the government to hike fuel prices. If prices remain anywhere close to the $100-per-barrel level for the full year, it would upend both household as well as government budgets.

The rupee has registered over 6 per cent losses this year. In the last six trading sessions, it has weakened nearly 2 per cent as fears around the Iran war pushed crude oil prices higher.

UAE dirham crosses Rs26 as Indian rupee hits record low against dollar, boosting Gulf remittances amid rising crude prices and capital outflows.

Crude oil futures rose Friday, lifting global energy markets as WTI, Brent and OPEC benchmarks gained, even as some regional crude grades slipped.

A Chinese-owned supertanker hauling Iraqi crude through the Persian Gulf is set to test the US blockade over the next 24 hours as it attempts to exit the largely shuttered Strait of Hormuz.…

This crisis is a serious headache for India, the world’s third-largest consumer of crude oil, with an import dependency level of close to 90%, making the economy and the country’s forex reserves vulnerable to oil price shocks. We explain

Prime Minister Sanae Takaichi also instructed industry minister Ryosei Akazawa to work to further increase the rate of crude oil procurement from alternative sources in July.

President says he doesn't think he’ll need Beijing’s help to end the US-Israeli war against Iran

US energy production hit an all-time high in 2025, with record output in natural gas, crude oil, NGPLs and renewables marking a fourth straight year of growth.

WTI crude is strongly supported by ongoing geopolitical tensions after hopes for renewed peace talks faded, increasing the risk of a prolonged Strait of Hormuz disruption. Read more here.

Asian shares are trading mixed as optimism encouraged by a record rally on Wall Street clashed with pessimism over worries about surging oil prices and an inflated AI boom

An oil supertanker that exited the Persian Gulf on Sunday hauling a cargo of Iraqi crude has come to a halt as it was about to exit the Gulf of Oman for the Arabian Sea.

If the conflict persists, difficult decisions may become unavoidable, with every stakeholder required to bear a part of the burden until the crisis passes: The GoI through duty reductions, state governments through rationalisation of VAT on fuels, and…

Discounts on Russia’s flagship crude widened for the first time since the start of the Iran war, as shifting expectations over a possible end to the Middle East conflict rattled oil markets.

Saudi Arabian crude oil exports to China for loading in June are set to plunge to around 13 million to 14 million barrels, according to traders informed by the producer.