Fuel Oil
Fuel oil is a heavy petroleum product derived from the distillation of crude oil, primarily used for heating and power generation. It has a higher flash point t...




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6 days agoBitumenBase OilFuel Oil
Indian Refiners Boost US Oil Imports Ahead of Trade Talks
Crude oil prices dipped as Brent fell to $63.61 and WTI to $59.72, amid weaker Asian refinery demand and rising trade tensions. Meanwhile, the Indian Rupee marginally appreciated. India’s crude sourcing shifts toward the US, with record June purchases planned, positioning oil imports as leverage ahead of May’s India - US trade talks.
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8 days agoFuel Oil
Fuel Oil Market Sees Mild Decline Amid Stable Shipping Demand and Supply Pressures
Virgin 180cST Furnace Oil prices in India are ₹47.5–₹49/kg. East China’s 180cST market declined 0.45% to $751/ton. Global inventories show mixed trends: fuel oil stocks rose, while middle distillates fell. Despite slight crude gains, cautious buying dominates, keeping fuel oil market sentiment consolidative amid OPEC+ policy uncertainties.
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13 days agoFuel OilRubber Process OilRust Preventive Oil
India's Crude Imports Shift: OPEC Share Hits Record Low as Russian Oil Dominates in FY 2024-25
Crude oil prices saw modest gains, with WTI at $64.19/bbl and Brent at $67.89/bbl. The Indian Rupee weakened to ₹85.34/USD. Russia now supplies 36% of India’s crude, outpacing OPEC. Domestic bitumen, base oil, and fuel oil prices remain stable. Market sentiment is bullish amid tightened supply and rising geopolitical risks.
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14 days agoBase OilFuel Oil
Base Oil Prices Steady-to-Soft as Market Awaits Clarity on Tariffs and Crude
Base oil prices in Asia remained soft in April amid sluggish demand and geopolitical uncertainty. Select grades like Bright Stock and Group III remain tight due to supply constraints. However, Group II prices faced downward pressure from rising inventories. Market outlook stays cautious as crude benchmarks decline and trade risks persist.
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19 days 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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22 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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25 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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27 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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29 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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