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OIL FIRMS
Rupee steady as oil firms buy dollarsThe Indian rupee showed minimal movement against the dollar on Friday, closing nearly unchanged. Oil companies actively bought dollars to r...- July thali costs rise as onions, oil and LPG get costlier: ReportHome-cooked thali costs increased in July due to higher onion and oil prices. Vegetable oil and LPG cylinder prices also saw significant ye...
- Supreme Court allows HC to hear government's $3.8 billion claim against Reliance IndustriesThe issue related to a 2016 final partial award of $3.86 billion, including interest, in favour of oil ministry towards cost recovery and r...
- Rupee nudges up on-week; traders stay cautious as oil firms, US payrolls loomThe Indian rupee maintained stability on Friday, showing a small improvement over the week. The central bank's intervention helped alleviat...
- Russia's oil output rises in July on firm exports, refinery run recovery, sources sayRussia's crude and condensate output rose in July, exceeding nine million barrels daily. Strong oil exports and refinery recovery supported...
- Russian ‘shadow fleet’ tanker leaks oil off Oman coast, NGOs raise alarmAn Omani nature reserve faces an environmental catastrophe from an oil leak. A Russian shadow fleet tanker is reportedly leaking oil across...
- Surge in Black Sea attacks adds to strain on global commodity flowsAttacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each othe...
- UAE non-oil growth hits four-month high in July, PMI showsThe UAE's non-oil private sector expanded at its fastest pace in four months in July, driven by stronger new orders, a rebound in export bu...
- Big Oil profits surge as Iran war keeps energy prices elevatedEuropean and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four p...
- Trump expected to attend event with mining execs amid critical minerals pushPresident Trump will attend a roundtable with mining executives on Friday. This event aims to expand domestic and allied critical mineral s...
- Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...
- Trump hails Chevron's comeback, tells oil firms: 'Get your consumer (retail) oil prices down, now'Donald Trump stated his administration's policies fueled Chevron's success and growth. He highlighted the company's return to Venezuela as ...
- Indian rupee ends flat as robust importer hedging blunts oil price reliefThe Indian rupee finished slightly lower at the close on Monday, pulling back from an early surge. Demand for dollars from importers and st...
- 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...
- Global Market: UK growth at risk as EY flags inflation surge from Hormuz disruptionAccording to Reuters, EY expects the UK economy to expand by 0.8% in 2026 if the vital shipping route reopens by the end of September, befo...
- D-St poised for a positive start as GIFT Nifty trades firmly higherDomestic markets extended their winning streak for a third consecutive session. Nifty advanced nearly two percent last week, driven by stro...
- Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...
- Indian Oil rules out shift from Gulf crude despite regional conflictIndian Oil Corp will continue using Gulf crude, it said citing freight advantages and refinery configurations. The company anticipates no i...
- Rupee posts strongest week since March on RBI supportThe Indian rupee finished Friday on a strong note, marking its most significant weekly increase since March, thanks to continuous support f...
- India seeks sunflower oil alternatives on Black Sea disruptionsIndia is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...
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