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Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...- Venezuela third largest supplier of crude to India in MayIndia's crude oil imports see a significant shift this May. Venezuela has become the third-largest supplier, surpassing Saudi Arabia and th...
- India’s crude oil stocks drop 15% amid Iran conflict, raising supply concernsIndia's crude oil stocks have dropped 15% since late February due to declining imports amid the Iran conflict. Refiners are drawing from in...
- Nexus Select Trust Q4 net operating income up 11% at Rs 440 croreNexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key co...
- UAE's OPEC exit may not hit oil markets, say executivesUAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...
- April oil demand slump reflects supply squeeze, not price pain: JPMorganGlobal oil demand is falling due to supply shortages, not high prices. This is a forced demand loss. Supply disruptions surged in March and...
- Gulf oil output can rebound in months after Hormuz reopens, but full recovery faces risks, says Goldman SachsUS-Iran war impact: Gulf crude oil output may rebound quickly once the Strait of Hormuz reopens. Goldman Sachs research suggests a swift re...
- IEA: Global oil demand to decline in '26, a first since CovidWhile oil futures registered an unprecedented surge in March, they remain considerably below record levels and the price of actual cargoes,...
- Crude is now less rude: What $90 oil means for your stocks, rupee, Indian economyGlobal oil markets may be entering a structurally higher price regime, with Brent expected to remain elevated despite a US-led Israel-Iran ...
- Radisson Hotel Group and MBD Group join forces to expand luxury and lifestyle hotels in IndiaRadisson Hotel Group and MBD Group are embarking on a groundbreaking venture, set to introduce 50 stylish hotels across India in the coming...
- Crude oil prices could fall into the $30s by FY27-end, says JP Morgan. Here’s whyJP Morgan predicts Brent crude could plunge into the $30s by FY27-end as non-OPEC+ supply surges sharply outpace demand. Robust offshore pr...
- India's diesel demand to rise rapidly in 6 years: IEADomestic diesel demand is projected to rise from 1.8 million barrels per day (mbd) in 2023 to 2.3 mbd in 2030, an increase of 4.5% annually...
- Oil PSUs buy more Russian crude despite G7 price capRussia supplied 1.57 million barrels per day (mbd) in September, up from 1.44 mbd in August, and increased its share in Indian crude import...
- Russia sanctions impact: Global oil supply may not meet demand next yearWorld oil demand is all set to breach its pre-pandemic levels and reach 101.6 mb/d in 2023, but the supply of the same is likely to struggl...
- India’s oil demand to rise 50% by 2030 against global expansion of 7%: ReportIndia’s oil consumption is forecast to rise from 4.8 million barrels per day (mbd) in 2019 to 7.2 mbd in 2030 and 9.2 mbd in 2050, as per t...
- Oil consumption in India will stop rising in five years: BPIndia’s oil demand is expected to start plateauing in 2025 after rising to 6 million barrels per day (mbd) from 5 mbd in 2018 under BP’s tw...
- MBD Group forms 51:49 JV with Germany’s SteigenbergerDelhi-based MBD Group, which runs 5-star properties Radisson Hotels in Noida and Ludhiana, has entered into a joint venture with Germany’s ...
- Global oil demand estimated to have grown in 2014: OPECGlobal oil demand is estimated to have grown by 0.95 million barrels per day (mb/d) in 2014, representing an upward revision of 20 thousand...
- Oil falls back below $78 after OPEC cuts outlookIn its report, OPEC said that, "medium-term oil demand for the period 2013-2019 increases by an average of 1.0 mb/d annually.
- Microsoft-led group unveils Windows 8.1 tablet for school kidsMicrosoft today unveiled specially bundled tablet for private schools in partnership with computer maker Acer, MBD Group and Tata Teleservi...
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