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CRUDE OIL STORAGE
US stocks: Dow closes at record high on Iran talks optimismUS stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supp...- 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...
- GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vesselsGarden Reach Shipbuilders secured a significant Rs 1,032 crore contract from ONGC. This agreement involves the construction of four advance...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe price of crude oil is down again despite the escalating tensions in the Gulf region. That augurs well for markets. This does not mean t...
- Oil Price Today (July 31): Crude oil extends fall to $88. What’s behind the decline amid Iran war?Saudi Arabia is seeking to spearhead a coalition to enhance defense cooperation in the Bab El-Mandeb Strait, the Red Sea and the Gulf of Ad...
- US Iran war: Trump resumes air strikes following missile attack on American base in JordanUS Iran war news: The United States resumed air strikes inside Iran following a ballistic missile attack on a Jordan base. Iran's attempted...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe next time uncertainty over the firing of missiles in the Gulf region makes you anxious, remember this: It is not the first time that gl...
- America is making the most fuel since pre-covid. It’s not enoughAmerican refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...
- US Stocks: US market edge lower ahead of Fed decision; chip stocks wobbleMajor stock indexes on Wall Street opened lower on Wednesday. Investors awaited the Federal Reserve's monetary policy decision amid Middle ...
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
- Time to take a little risk with a 1- to 2-year perspective? 5 mid-cap stocks from different sectors with upside potential up to 20%When the big picture is a coin-toss, why waste time on predictions? What is the big picture? Well, nobody knows. Anyone who says with confi...
- Ethanol should be a cheaper fuel. So why isn't E20 priced lower than pure petrol? Here's what the government saysIndia's ethanol production capacity now supports future growth and higher blending targets. Ethanol blending is not necessarily cheaper tha...
- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
- Trump threatens 'major military punishment' after Houthi strike on Saudi tankersPresident Trump vowed major military punishment for Iran and its Houthi allies. Houthi fighters struck two Saudi oil tankers in the Red Sea...
- Tesla shares crash 14%, Alphabet falls 6% as AI spending worries hit Wall StreetTesla and Alphabet shares fell after quarterly results as investors overlooked robust revenue growth and focused on weaker margins, missed ...
- 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...
- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- ONGC to undertake 1.75 MMT strategic oil reserve expansion at MangaluruONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's ...
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