India to buck APAC slowdown despite oil, trade and El Nino risks: Moody's AnalyticsIndia's economy is projected to grow strongly in the Asia-Pacific region. Higher oil prices and global slowdown pose significant risks to t...
Shell's Q2 profit more than doubles to $9.8 billion, beats estimatesShell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility cont...
Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
Rupee cushioned by state-run bank dollar offers as futures expiry bitesThe Indian rupee strengthened on Wednesday as banks sold dollars. Dollar demand from futures expiry exerted some pressure on the currency. ...
Rupee rises 5 paise to 95.77 against US dollar in early tradeThe rupee strengthened by five paise to 95.77 against the US dollar on Wednesday. This appreciation marks the fourth consecutive day of gai...
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...
ONGC approves guarantee to MRPL to import crude oil from Saudi AramcoONGC approved a $500 million parent company guarantee for its subsidiary MRPL. This guarantee facilitates crude oil imports from Saudi Aram...
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...
Rupee rises 35 paise to 95.64 against US dollar in early tradeThe Indian rupee strengthened significantly against the US dollar in early trade. Lower crude oil prices and easing geopolitical tensions b...
D-St set for a negative opening as GIFT Nifty signals weak startIndian stock markets ended a five-day losing streak on Monday. The Sensex and Nifty experienced substantial gains, boosting market sentimen...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and upbeat earnings lifted sentiment. Se...
MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...
Ahead of Market: 10 things that will decide stock market action on MondayIndian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intrada...
Oil keeps flowing from Red Sea as Hormuz bypass stays openDespite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are goi...
New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at riskHouthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in...
More tankers turn back as Houthi threat rattles Red Sea oil tradeHouthi militia warnings are causing tankers to change course in the Red Sea. Two vessels altered their destinations to the Suez Canal after...
Brent oil tops $90 as US, Iran intensify attacks in Middle EastOil prices climbed significantly on Monday as tensions rose. Brent crude futures surpassed ninety dollars a barrel, reaching recent highs. ...