crude oil

India's trading arrangements for crude oil procurement are based on national energy security consideration, Foreign Secretary Vinay Mohan Kwatra said on Friday. He was replying to a question on what will be India's approach if New Delhi…

MUMBAI: The current account deficit(CAD) for the fourth quarter of FY22 came in at $13.4 billion, which works out to 1.5% of the GDP, lesser than expected by the market. On a sequential basis, the CAD declined from $22.2 billion, or…

Packaged consumer goods makers said they will not slash prices despite the correction in two crucial commodities - crude and palm oil - but will instead slow the pace of price increases. Palm oil is used in making products such as soaps,…

Refining capacity utilisation increased to 110% in May from 93% a year earlier as companies stepped up to meet a demand surge at home and abroad, showed official data. State-run refineries operated at 113% of their nameplate capacity, up…

Crude oil throughput by Indian refiners rose in May from a relatively low base last year, but concerns loomed over supply amid rapid demand growth in the world's third biggest oil consumer. Indian refiners' crude oil throughput in May…