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GLOBAL OIL INVENTORIES
War cost to world = '2.6 billion barrels of oil'Global oil inventories have significantly depleted since the US-Israeli war with Iran began. Saudi Aramco's chief stated that replenishing ...- An e-commerce blitz pounds Russia's Amazon as war comes to cartsUkraine has commenced drone attacks on Wildberries, the largest online retailer in Russia. These actions are designed to disrupt the routin...
- Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...
- 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...
- Indian companies build inventories amid rising commodity prices, supply chain risks: ReportIndian companies are accelerating inventory build-up to meet strong domestic demand. This strategy also prepares them for potential commodi...
- 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...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities rallied sharply as Sensex gained 889 points and Nifty topped 24,250, adding over Rs 4 lakh crore in market value. Strong II...
- Global Market: Japan's Nikkei swings between gains and losses as AI stock selloff persistsJapan's Nikkei index saw mixed trading as investors awaited major US tech earnings. AI and chip-related stocks continued to face pressure, ...
- Oil prices rebound by more than $2 a barrel on prospect of tightening US crude suppliesOil prices increased significantly on Wednesday due to declining U.S. crude inventories. OPEC+ is expected to halt output increases startin...
- Weak investments, higher oil prices to slow India's GDP growth to 6.6% in FY27: PollIndia's economic growth is projected to slow significantly this fiscal year. Private investment remains weak, and higher oil prices will im...
- 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...
- Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
- Cutting off Red Sea oil route may be one crisis too manyThe Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
- Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
- Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soonBrent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el...
- 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...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routesOil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
- Oil prices rise slightly after US announces new round of strikes on IranOil prices saw a slight increase as fears of supply disruptions grew. U.S. forces continued striking Iranian military targets for the eleve...
- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...
- Emami Agrotech targets Rs 22,000 cr turnover in FY27; remains cautious on commodity volatilityEmami Agrotech expects ten percent revenue growth this fiscal year. Strong demand for edible oils will drive this anticipated growth. The c...
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