
Russian Crude Stabilizing India’s Oil Market
India’s latest crude oil import figures clearly highlight that the country has been successful in diversifying its crude supplies. As per our estimates, India’s crude

India’s latest crude oil import figures clearly highlight that the country has been successful in diversifying its crude supplies. As per our estimates, India’s crude
LPG consumption in India continues to be constrained by the available supply. As per the latest data released by PPAC, LPG consumption in India was

India is projected to be the world’s largest source of oil demand growth through 2030. Total oil products consumption is projected to reach 299.9 MMT

Indian Oil Corporation (IOCL) Fitch Ratings has affirmed IOCL’s Long-Term Foreign-Currency Issuer Default Rating at BBB minus with a Stable outlook, equalising it with the

1) Carbon Capture, Utilization & Storage (CCUS): Allocation of INR20,000 crore (US$2.19bn) over 5 years. It’s the first large, explicit fiscal push for CCUS in

Oil products consumption in India was very robust during November 2025 to total 21.3 KT (5.7 MMBD), an increase of 5.5%, m-o-m and 3.0%, y-o-y.