US stocks: US market ends mixed as investors focus on tech earningsWall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace ta...
28 Jul, 2026, 01.31 AM IST
MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...
27 Jul, 2026, 02.45 PM IST
Global Market: European shares rise as oil slumps on US-Iran de-escalation; tech earnings in focusEuropean stock markets gained as tensions eased between the United States and Iran. A sharp decline in oil prices supported sectors sensiti...
27 Jul, 2026, 02.07 PM IST
Red Sea shipping slows after Houthi attack on Saudi Arabia, data showsShip traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...
27 Jul, 2026, 10.27 AM IST
US Stock Market: Rising oil prices and bond yields threaten Wall Street rally as Middle East tensions unsettle investorsRising oil prices and elevated bond yields, driven by Middle East tensions, are raising concerns over the sustainability of the U.S. stock ...
27 Jul, 2026, 09.57 AM IST
Japan's Nikkei trades sideways as investors await earningsJapan's Nikkei share average saw little direction on Monday. Oil prices dropped significantly after the US suspended attacks on Iran. Inves...
27 Jul, 2026, 07.24 AM IST
Red Sea shipping slumps after Houthi strikes on Saudi Arabia energy infrastructureShip traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...
27 Jul, 2026, 06.24 AM IST
ONGC starts drilling first deepwater well in Mahanadi basin under Samudra Manthan missionONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast h...
25 Jul, 2026, 04.17 PM IST
Kuwait's KPC signs $16 billion lease & leaseback deal with Blackstone, KKR, Brookfield for oil pipeline networkKuwait Petroleum Corporation has signed a significant $16 billion deal for its crude oil pipeline network. This landmark agreement involves...
25 Jul, 2026, 12.05 PM IST
Rupee hits day’s low against US dollar, recovers on RBI supportThe Reserve Bank of India's interventions prevented the rupee from falling to a new record low. State-run banks sold dollars, and foreign i...
25 Jul, 2026, 09.39 AM IST
Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?Brent futures fell 81 cents, or 1%, to $99.68 a barrel at 0126 GMT, but were still set for a 13.5% rise this week. West Texas Intermediate ...
24 Jul, 2026, 07.45 AM IST
Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cutsOil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping rou...
24 Jul, 2026, 07.08 AM IST
India to build Phase-II strategic oil reserves at Rs 14,527 cr under PPP modelIndia plans a second phase for its strategic petroleum reserves. This expansion will add 6.5 million tonnes of crude oil storage. Two new f...
23 Jul, 2026, 05.21 PM IST
Domino effect: Gandhar Oil’s 20% upper circuit spurs rally in Savita Oil and Panama Petro. Here’s whyGandhar Oil Refinery hit the 20% upper circuit after reporting a 689% year-on-year jump in Q1 net profit, triggering a rally in peers Savit...
23 Jul, 2026, 12.58 PM IST
Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
23 Jul, 2026, 11.26 AM IST
Vedanta Oil & Gas shares fall over 3% after firm discloses two legal matters involving ONGC, GoIVedanta Oil & Gas share slipped on Wednesday after the company disclosed two legal matters involving the Directorate General of Hydrocarbon...
22 Jul, 2026, 10.18 AM IST
Quote of the Day by John D. Rockefeller: “I do not think that there is any other quality so essential to success of any kind as the…” — Inspiring lessons on perseverance, resilience, and why persistence outlasts talent from the legendary oil magnate, pioneering philanthropist, and America's first billionaireQuote of the Day by John D. Rockefeller: John D. Rockefeller's famous observation, “I do not think that there is any other quality so essen...
22 Jul, 2026, 01.04 AM IST