Crude oil edges lower after 5% gain in previous session
Crude oil futures traded lower on Friday morning, after rising more than 5 per cent on Thursday following the US government’s decision to impose sanctions on two major Russian oil…
Oil set for big weekly advance as Russia sanctions upend market
Oil was on track for the biggest weekly gain since June after US sanctions on major Russian producers upended the market, raising the prospect for supply disruptions and greater demand…
Holiday mood in northern markets keeps pepper prices steady
Despite an upward trend in prices, the black pepper market in North Indian consuming centres is witnessing a slow movement after Deepawali. Traders said that the consumers are still in…
After years of defending food reserves at WTO, India inspires Germany, Brazil to emulate its model
most countries in the G-20 block have begun collecting information on the food reserves system that has been in operation in India for last many decades. | Photo Credit: SPECIAL…
As oilseeds, pulses procurement is yet to start, over 9 lakh tonnes sold below MSP
The procurement of oilseeds and pulses at the minimum support price (MSPs) is yet to start despite the government approving it a month ago. While the official reason preventing the…
Indian refiners review Russian oil contracts after US sanctions, source says
US President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft. | Photo Credit: YORUK ISIK…
Crude oil jumps 2.5% after US sanctions Russia’s Rosneft, Lukoil
Brent crude futures were up by $1.56, or 2.49% at $64.15 per barrel by 0303 GMT, while US West Texas Intermediate crude futures were up $1.53, or 2.62%, at $60.03.…
India’s Russian oil bounty dries up as sanctions toughen
Flows of Russian oil to major Indian refiners — a boon for both countries’ economies over the past three years — are expected to fall to near zero after the…
India’s crude import costs rise as Russian share dips, amid pressure to reduce imports: Report
Russia’s share in India’s crude imports has slipped to “34% in FY2026 so far (36% in FY2024 and FY2025),” Kotak said, citing Commerce Ministry data. India’s average crude import cost…
Crude oil gains over 3% after US sanctions on Russian oil companies
Crude oil futures rose by more than 3 per cent on Thursday morning after the US imposed sanctions on two major Russian oil companies. At 9.57 am on Thursday, December…