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US STRATEGIC PETROLEUM RESERVE
Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fadeOil prices rose significantly as Iran and the United States exchanged compensation demands. Prospects for reopening the Strait of Hormuz di...
India expands LNG sourcing from 6 to 15 countries to cut supply risks: GovtIndia has nearly trebled its liquefied natural gas suppliers to fifteen countries. The nation also broadened its crude oil sourcing network...
$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
Aum Ventures marks first close of Rs 750 crore deeptech fund at Rs 225 croreAum Ventures has closed its second India Innovation Fund at Rs 225 crore. This new fund targets early-stage companies in advanced technolog...
Gold holds steady after scaling 7-week high, US inflation data in focusGold prices remained stable during the early Asian trading hours on Monday, as investors gear up for significant inflation reports set to b...
Modi-Vance call brings trade, strategic ties in focusPrime Minister Modi spoke with US Vice President JD Vance about deepening the India-US partnership. He also congratulated Vance and his wif...
JD Vance calls PM Modi, discusses India-US tiesPrime Minister Narendra Modi held a phone conversation with US Vice President JD Vance on strengthening the India-US Comprehensive Global S...
India's resilient economy to support markets but global risks remain elevated: SebiIndia's financial markets are poised for growth, buoyed by robust domestic economic fundamentals like strong consumer demand and proactive ...
India’s $40 billion Russian oil lifeline shouldn’t buckle under Trump’s 100% tariff threat: GTRIAs long as it proves to be economically feasible, India should persist in acquiring Russian crude oil. A new Senate bill from the US threat...
India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...
Global Market: European shares rise as healthcare stocks offset geopolitical concerns; investors await US jobs dataEuropean stock markets edged higher on Friday, supported by gains in healthcare stocks, while rising oil prices and renewed Middle East ten...
Global Market Today: Asian shares mixed as investors await US jobs dataTreasury futures inched lower in early Asian trading as higher energy prices revived concerns that the Federal Reserve may need to keep int...
India's fuel demand increased 2.9% in July, with gasoline and diesel sales showing strong growthIndia's overall fuel demand saw a 2.9% increase in July compared to last year. Gasoline consumption climbed 9.2%, while diesel usage rose b...
US crude inventories rise as refinery runs ease and imports climb, EIA saysUnited States crude oil stocks increased by 2.5 million barrels last week. Refinery processing eased slightly, and crude imports saw a mode...
India may charge gas users to fund planned $42 billion fuel reserves, sources sayIndia is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme ...
India should prepare for that poles vaultIndia is urged to establish a polar ambassador to oversee its expanding interests in the Arctic and Antarctic. The committee's recommendati...
Stocks in news: Paytm, LIC, Airtel, BSE and ONGCMarkets extended gains on Monday, driven by easing oil prices and strong quarterly earnings. Paytm's parent company sees investors selling ...
Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
ONGC to reserve half of new oil storage for strategic reservesIndia's Oil and Natural Gas Corp will reserve half of its planned oil storage. This new facility will meet the country's strategic petroleu...
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...