PIB Fact Check Debunks Claim India Has Only 5 Days Of Oil Reserves
PIB Fact Check refutes claims that India has only 5 days of oil reserves, confirming total availability of around 60 days, including commercial and refinery stocks.
India To Keep Buying Oil From ‘Best Deal’ Sources Despite US Tariff Hike
India will continue buying oil from sources offering the best deal, prioritising energy security despite US tariff hikes on Indian imports.
Oil Prices Soar Amid Political Uncertainty Following Iran President’s Death
The Organization of the Petroleum Exporting nations and its allies, known as OPEC+, are scheduled to meet on June 1
US Blacklists 14 Russian Oil Tankers, Imposes Price Cap
The actions occur on the eve of the second anniversary of Russia's invasion of Ukraine
US Attacks Yemeni Houthi-Link Targets Following British Oil Tanker Attack
US and British military have conducted a joint operation to reduce the Houthis' capacity to target vessels transiting the critical Red Sea trade route
Sensex Plunges 1,628 Points Due To Strong Losses In Financial And Oil Stocks
Seoul, Tokyo, Shanghai, and Hong Kong all closed lower
Russia Claims To Have Redirected Most European Oil Exports To India And China
Despite increased sanctions in 2023, the Russian energy industry has grown well
5 Million Barrels of Russian Sokol Oil Stuck In Transit To India
India, the world's third-largest importer, and consumer of oil has increased purchases of discounted Russian oil
40% Of India’s Oil Comes From Russia
From April to September, Russia was India's top oil supplier, followed by Iraq and Saudi Arabia
Energy Agency Predicts Demand For Oil, Gas, And Coal Will Peak This Decade
Oil demand is expected to peak before 2030 thanks to the growth of electric vehicles
