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OIL SUPPLY EFFORTS
White House set to extend Jones Act waiver as Trump hunts for cheaper gasolineThe White House plans to extend a Jones Act waiver to reduce gasoline prices. This waiver increases shipping flexibility and eases transpor...- RBI GDP Growth 2026-27: Malhotra & Co lift FY27 GDP forecast to 6.7% from 6.6% on growth resilienceRBI GDP Growth 2026: The Reserve Bank of India raised its FY27 GDP growth forecast to 6.7 percent. It kept the policy repo rate unchanged a...
- Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
- Yen finds footing after intervention, dollar near 6-week low on Mideast hopesCurrency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dolla...
- D-Street poised for positive start as GIFT Nifty signals gainsDomestic markets saw profit booking after recent gains, with the Nifty declining slightly. Indian equities are expected to see a gradual up...
- 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...
- Whisky to omega-3: Scottish firm creates fish-free alternative that could save millions of themA Scottish enterprise is innovatively growing microalgae by utilizing waste from whisky production, presenting a sustainable omega-3 altern...
- DGCA likely to mandate carbon emissions reporting for international flights; India advances SAF blending roadmapIndia's aviation authority will soon require reporting of 90 percent of annual carbon emissions. This move supports global sustainability r...
- 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...
- Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
- India's coal production surges 7.51% in July 2026 to 69.75 MT, dispatch up 17.34%India's coal production reached 69.75 million tonnes in July 2026, showing strong growth. Coal dispatch also grew significantly to 86.33 mi...
- West Asia conflict: PM Modi directs measures to safeguard Indians, boost renewable energy pushPrime Minister Modi directed ministers to safeguard citizens and diaspora from West Asia conflict impacts. He also ordered a dedicated assi...
- Big bets, bigger risks: Why US oil majors are holding back in VenezuelaUS oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to a...
- Union Civil Aviation Minister Ram Mohan Naidu reviews India's preparedness for SAF and CORSIA implementationIndia's Civil Aviation Ministry reviewed Sustainable Aviation Fuel adoption and CORSIA compliance. The meeting focused on SAF production, c...
- 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...
- Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
- Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
- India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...
- Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
- Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
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