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CRUDE OIL SURGE
Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...- US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...
- India's Russian crude imports hit record in Jun even as Moscow's oil revenues slipIndia's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons glo...
- Russia's diesel export ban deepens global supply crunchRussia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove pric...
- Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
- Iran rushes out oil exports as tensions with US flare againIran has dispatched eleven million barrels of crude oil via tankers. This action occurs as tensions with the United States escalate signifi...
- India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 a...
- Sensex sinks 1,680 points; Nifty closes below 23,900. 5 key factors behind today’s market mayhemSensex Nifty Crash: Indian stock markets experienced a significant downturn on Wednesday afternoon. Rising crude oil prices and geopolitica...
- India's 10-year bond logs worst day in 3 months on faltering Iran dealIndia's benchmark bond faced a dramatic decline, its most significant drop in over three months, primarily driven by a surge in oil prices ...
- Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...
- Pidilite sees stable demand in FY27, raises concerns over higher input costsPidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising...
- Iran war news update: Brent crude oil price, WTI jump over 6 per cent, concerns grow over near-term supply availabilityInternational oil benchmark Brent crude climbed as much as 6.52 per cent or $4.69 to trade near $80 a barrel. Similarly, US benchmark West ...
- Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...
- Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike betsEuro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heighten...
- Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...
- Millions of barrels of Iranian oil left in limbo after US revokes 60-day waiverAround 63 million barrels of Iranian crude are stranded on tankers after the US revoked a sanctions waiver that had temporarily allowed Ira...
- Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...
- Global Market: Asian refiners turn to cheaper Gulf oil despite Saudi price cutsSaudi Arabia significantly reduced crude oil prices for Asian buyers this month. Rival Gulf producers are offering better value and deeper ...
- Saudi Arabia mulls big new plan, eyes post-war oil route reset to bypass volatile HormuzSaudi Arabia is considering expanding its crude oil pipeline capacity. This move aims to bypass the Strait of Hormuz for exports. Neighbour...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
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