News

India BPCL buys 10 million barrels of US oil via five-month tender, sources say

India's state-run Bharat Petroleum Corp has awarded a five-month tender for 10 million barrels of U.S. oil to European trader ...

Key Oil Marker Highlights Import Shifts as US Pressures India

A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...

Trump slaps additional 25% tariff on India over Russian oil purchases — bringing total rate to 50%

President Trump took executive action Wednesday to hammer India with an additional 25% tariff due to its continued purchases ...

India's Reliance makes rare fuel oil purchase from HPCL, sources say

Reliance Industries , India's biggest buyer of Russian oil, has in recent weeks made rare fuel oil purchases from state-run ...

India’s State Refiners Buy Oil Elsewhere After Russia Pause

India’s state-owned oil refiners are pulling back from purchases of Russian crude for now, according to people with direct ...

India’s exposure to Russian oil disruption limited to $5 billion; global economy faces major risk: Report

A Bank of Baroda report indicates India's limited exposure to Russian oil export disruptions, estimating an additional $5 ...

State-Owned Oil India Reports 1.5% Marginal Increase In Net Profit At ₹2,046.5 Crore

On Tuesday, state-owned Oil India, for the first quarter of FY26, reported a marginal increase of 1.5% in its consolidated net profit at Rs 2,046.5 crore against 2,016.3 crore in Q1FY25. The net ...

Oil India share price falls 2% in early trade; stock among top losers on Nifty Midcap 150

An interim dividend of Rs 7.00 per share (70%) was announced on February 7, 2025, with an effective date of February 17, 2025. Prior dividends include Rs 3.00 per share (30%) announced on November 5, ...