S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$82,012▼0.0% Nikkei70,036▼0.9%
At close · Thu, Oct 8, 2026
Daily Market Updates.

Commodities

Home›Commodities›Energy›India's Crude Oil Import Bill Soars 46% as Middle East…

India's Crude Oil Import Bill Soars 46% as Middle East Crisis Drives Up Prices

Reported · Written up by our desk · Energy

India paid $15.4 billion to import crude oil in September, up by 46% from the year-ago import bill of $10.5 billion, as international oil prices and the Indian import crude basket soared amid reignited tensions in the Middle East. India, the world’s third-largest crude oil importer, saw its crude imports rise by 7% in September from a year earlier. But the price to pay for crude oil imports soared by 46%, according to data from the Oil Ministry’s Petroleum Planning and Analysis Cell (PPAC) cited by the Times of India. The Indian basket…

Latest closeWTI crude $91.10 ▲3.2%

← Newer storyStock Market Today: Stock Futures Rebound After Friday's Tech Selloff

More like this

CommoditiesMilitary Metals wins four-year Slovak licence lifeline
CommoditiesWhy Invading Iran Could Become America's Biggest Military Mistake
CommoditiesNew Oil Fields Should Have to Build the Carbon Storage Market
CommoditiesThe Sulfur Crisis Threatening the World's Food Supply
CommoditiesQatar Offers Lebanon 2 Gas Plants and 20 Years of LNG Piped Through Syria

Sources

OilPriceIndia's Crude Oil Import Bill Soars 46% as Middle East Crisis Drives Up Prices

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.