Oil Price Today (October 16): Crude oil dips to $105 as Trump mulls easing restrictions on sanction-facing nations. What’s next?Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel, while US West Texas Intermediate crude futures declined 54 cents, or 0.55...
Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
EAM Jaishankar to embark on three-day visit to UAEExternal Affairs Minister Dr. S. Jaishankar is scheduled to visit the United Arab Emirates from October 14 to 16. He will engage in a bilat...
Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
Global oil demand to fall by 2.6 million barrels per day in 2026, diesel to account for 25 pc of decline: IEAGlobal oil demand is anticipated to decrease significantly in 2026 due to the impact of the Iran war. Diesel is expected to account for 25 ...
Tata Power announces ₹15,000 crore Mumbai grid expansion plan to meet rising AI demandTata Power is implementing its ₹15,000 crore plan expand its transmission network in Mumbai and is intended to support the increasing energ...
Not gold, GDP, military strength or rare earths: Elon Musk, the world’s richest person, says this hidden metric reveals true economic strengthElon Musk has offered a different way to judge the strength of a major economy. In an October 10 post on X, the Tesla and SpaceX chief exec...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
Trump announces surprise diesel deal with Putin: How much will Russia ship and would it be enough to bring down prices?Donald Trump announced a new deal with Russia to import diesel aimed at reducing fuel prices in the US. Under the agreement, 300,000 tons w...
Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
Chengdu firm turns used hotpot oil into jet fuel feedstockChengdu-based Sichuan Jinshang Environmental Technology collects used hotpot oil from restaurants and refines it into industrial-grade oil ...
As AI threatens to overload the power grid and America faces an electricity crunch, here’s what tech giants are betting on to keep the power flowingU.S. electricity consumption grew by less than 0.5% annually. Now, AI data centers, factories, robotics and wider electrification are pushi...
The sheer energy India brings with itIndia has provided power connections to over 300 million people since 2015 and improved gas supply accessibility. The country has installed...
Despite G7, fuel inflation will remainG7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...
Trump says Europe to unlock ‘massive amount of Diesel’; G7 agrees 100 million-barrel oil release amid global crunchUS President Donald Trump said Friday that Europe had agreed to release a “massive amount” of heavily stocked diesel oil, with the process ...