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Shipping News

India: Crude imports from Russia jumped 14x in FY23, says RBI annual report

Russia’s share in India’s crude imp....

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Coal India raises non-coking coal prices by 8%

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OPEC Plus unlikely to deepen oil supply cuts at June 4 meeting, sources say

OPEC and its allies are unlikely to deepen supp....

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Indian government proposes to sell 3% stake in Coal India

The Indian government is proposing to sell up t....

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India eyes complete self-sufficiency in thermal coal production by 2026: Minister

India is advancing steadily towards total self-....

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OPEC oil output falls in May after voluntary cuts – Reuters survey

OPEC oil output fell in May after Saudi Arabia ....

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Asia’s seaborne thermal coal imports hit record high as prices slip

Asia’s imports of seaborne thermal coal s....

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Dalian iron ore gives up early gains on falling steel prices

Dalian iron ore futures gave up early gains on ....

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OPEC will welcome Iran’s full return to oil market when sanctions lifted -secretary general

OPEC will welcome Iran’s full return to t....

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Asia’s crude imports jump in May as China, India suck up Russian oil

Asia’s imports of crude oil are on track ....

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India’s steel demand to grow 7.5% in 2023-24 – industry

India’s steel consumption is expected to ....

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OPEC Plus output, US debt ceiling, Asia oil demand: Key triggers for global oil market

The global oil market is likely to stay volatil....

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Global thermal coal prices settling into $200/T range after volatile 2022

Global thermal coal prices are stabilizing this....

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India likely to harvest record wheat crop in 2023 despite rains, hailstorms

India is likely to harvest a record 112.7 milli....

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Asian spot LNG prices slide for fifth straight week on low demand

Asian spot liquefied natural gas (LNG) prices h....

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Increased Russian crude flows to Asia are redrawing the world's oil map

The global oil map is being redrawn as the long....

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Around 40 MT new steel capacity to be commissioned by FY26: Assocham

Around 40 million tonne (MT) of new steel-makin....

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Shipping News

OPEC plus producers send conflicting messages ahead of June policy meeting

Top OPEC producers and their main allies have g....

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India’s NMDC reports 30% fall in Q4 profit on subdued demand

Indian Iron ore mining company NMDC Ltd NMDC.NS....

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Narrow Brent-Dubai price spread stokes Asia’s light sweet US crude interest in Q2

Multiple Asian crude importers are aiming to ma....

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