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Why Iran's $200 oil threat isn't that far-fetchedOil prices could surge further as the ongoing Iran war disrupts global supply, with fears that prices may spike to $200 a barrel despite Do...- India diversifying its oil import sources: S&P"Besides expanding strategic petroleum reserves and diversifying its crude supply sources, the government is making effort to bring oil fro...
- Excise duty cut, delayed monsoon raised India's fuel demand in JuneThe Centre on May 21 reduced excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre to provide relief to consumers, causin...
- Russia Ukraine Conflict: What it means for India and investorsUS President Joe Biden has called Putin’s move “an unprovoked and unjustified attack by Russian military forces” and said the “world will h...
- Oil price likely to be around $80 in H2 if Russian supply continues: Kang Wu, S&P Global Platts“For the second half of the year, if everything else is held the same, there will be more oil coming into the market, starting even as earl...
- Oil prices could go higher still: Paul Hickin“It is not just the fundamentals that are driving this price higher, but the futures market is also driving this high and there is a danger...
- 'Living hand to mouth': Europe's gas crunch shows little sign of easingConsumers in the European Union and Britain face further gas price spikes this winter as flows of Russian gas via major transit routes are ...
- Biden win means Iranian oil supply to India may resume, but it will take time, say expertsLow oil prices are crucial for India that imported $100 billion worth of crude oil last fiscal year. Lower prices helped the government rai...
- With rock-bottom prices, will the oil industry recover?At the start of the year, US crude oil prices were around $60.
- Oil surges as Trump talks up hopes for truce in Saudi-Russia price warBrent crude futures rose more than 11% in early trade.
- Petrol, diesel to get cheaper as crude oil falls to 13-mth lowDomestic rates of petrol and diesel, down about Rs. 4 a litre since mid-January, are set to decline further as crude oil slumped to a 13-mo...
- Coronavirus outbreak: Petrol, diesel set to get cheaper as crude oil hits 13-month lowPetrol is down Rs 3.74 a litre and diesel Rs 4.41 a litre since mid-January. In Delhi, petrol was priced at Rs 71.96 and diesel Rs 64.65 a ...
- Falling LNG rates may hit discoveries: Industry executivesIn November, when RIL-BP offered 5 million metric standard cubic meters a day (mmscmd) of gas proposed to be produced from its KG Basin fie...
- 20% of oil supply to be disrupted if Iran closes Straits of Hormuz: Mriganka Jaipuriyar, S&P Global PlattsIf Iran does take the conflict to the next level, there would be attacks on tankers. The Saudi attack depends on the extent to which Iran r...
- Expect oil price at $65-70 a barrel in second half: Calvin Lee, S&P Global PlattsThe overall demand from China as well as greater Asia is expected to ease this year, says Lee.
- Oil prices are likely to trade in $75-80 range: Chris Midgley, S&P Global Platts"With rise of electric vehicles and batteries, nickel, cobalt and lithium to have far more support."
- India's oil demand growth rate to eclipse China's"The dramatic rise in India's oil demand shows no signs of faltering... the country will remain a driver of Asian growth in 2017," Platts A...
- India's oil demand growth will outpace China's for the third year in a rowThe first OPEC-led global production cut in 15 years underpins an emerging but fragile recovery, with 2017 set to see a huge stock overhang...
- RIL set to sign $600 million pact with Samsung Heavy Industries for six ethane carriersA very large ethane carrier is a hybrid of a liquefied natural gas (LNG) carrier and a liquefied petroleum gas (LPG) carrier.
- Oil rises to six-month high near $58 in AsiaOil prices jumped to near $58 a barrel on Thursday in Asia, extending gains to near six-month highs on investor expectations global economi...
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