Base Oil
Base oil is a refined form of crude oil, primarily used in the production of lubricants, greases, motor oil, and metalworking fluids. Different types of base oi...




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1 day agoBase OilBitumenGear Oil
India’s Crude Import Cost Hits 4-Year Low Amid Rising Demand and Global Price Slump
India’s average crude oil import price has fallen below $70 per barrel for the first time since August 2021, offering refiners a breather amid global volatility. Despite international supply fluctuations and geopolitical tensions, Indian fuel demand remains strong. With record-high import dependence and steady domestic consumption, refiners are likely to benefit from improved margins and better procurement terms.
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4 days agoBitumenBase OilFuel Oil
India to Benefit from Slumping Crude Oil Prices Amid Trade War Volatility
Oil prices have dipped to a four-year low, benefiting oil-importing nations like India through lower import bills and reduced inflationary pressures. Despite global market volatility and geopolitical tensions, India's economy stands to gain. However, domestic fuel prices remain unchanged amid uncertainty, while experts forecast crude to stay below $75/barrel.
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7 days agoGear OilBase OilHydraulic Oil
Oil India Faces Pressure Amid Bearish Sentiment and Market Volatility
India’s oil and gas sector is facing mounting pressure from weak global crude prices, macroeconomic uncertainty, and volatile equity markets. While refined product demand shows resilience, upstream players like Oil India are struggling. Domestic lubricant and fuel prices remain steady, but investor sentiment and stock performance are turning increasingly cautious.
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9 days agoBase OilFuel OilRust Preventive Oil
India Accelerates Oil Exploration Amid Growing Demand and $100 Billion Investment Push
Petroleum prices across India remain stable, with domestic exploration gaining momentum to reduce import dependency. With 144 oil blocks awarded and upstream investment projected at $100 billion by 2030, India is shifting focus toward energy self-sufficiency.
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10 days agoBitumenBase OilGear Oil
Global Trade Tensions Stir Oil, Bitumen Market Amid Supply Shifts and Geopolitical Risks
Petroleum product prices in India remain firm amid shifting global trends. Crude oil markets face pressure from rising U.S. inventories, trade war fears, and geopolitical tensions. India saw a modest bitumen price hike, while Iran's post-holiday supply may soon affect regional dynamics. The market outlook stays cautious and sensitive to global developments.
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11 days agoBitumenBase OilGear Oil
Saudi Price Cuts Jolt Oil Market Amid Rising Supply, Global Demand Worries
Petroleum prices have softened amid rising supply and weakening global demand. Saudi Arabia’s sharp price cut and OPEC+ production hike have triggered bearish sentiment, pushing Brent to a four-year low. Oil product demand remains weak, while investor caution grows due to geopolitical tensions, trade uncertainty, and global economic slowdown concerns.
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15 days agoBase Oil
Base Oil Supply Tightens During Turnarounds, Buyers Eye Price Changes: LubesNGreases
Base oil prices remain stable to firm due to constrained supply and ongoing plant maintenance. Demand is cautious amid economic uncertainty and potential U.S. tariffs. India’s oil imports from the U.S. surged, while Russian crude remains a key component. Market participants anticipate volatility as geopolitical risks continue to evolve.
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16 days agoBitumenBase Oil
Trump Tariffs Shake Oil Trade: India Boosts US, Russian Imports
India increased its crude oil imports from the U.S. by 67% in March, while Russian imports also increased. Meanwhile, Brent crude prices remain steady below $75 per barrel. ONGC's new crude oil discovery in Uttar Pradesh could reduce India’s import dependence in the long term. Markets are watching Trump’s tariff announcement today for potential global trade disruptions.
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22 days agoGear OilHydraulic OilRust Preventive Oil
China, Iran, and the Oil Market: How New U.S. Sanctions Could Reshape Trade Flows
Oil & gas product prices remain mixed, with base oils, fuel oils, and lubricants showing grade and packaging-based variations. Global sanctions and trade shifts, particularly U.S. actions against Iranian crude, are creating supply-side uncertainty. OPEC+ production increases and stable inventory levels offer a buffer, but volatility risks remain high.
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