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SAUDI CONTRACT PRICES
Govt hikes domestic LPG prices by Rs 29 per cylinderIndia imports 60% of its LPG requirement, with 90% of supplies sourced from West Asia. Despite the near closure of the Strait of Hormuz, In...- Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4The government has cut the annual subsidised cooking gas cylinders for Ujjwala scheme beneficiaries to four. This move aligns support with ...
- OMCs losing nearly ₹700 per domestic LPG cylinder despite price hike: GovtCooking gas prices have risen again. Oil companies are still losing about ₹700 on each domestic LPG cylinder. International prices are up d...
- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- Oil market calm masks a host of unknownsGlobal oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...
- US, Iran appear far from peace deal 100 days since war beganTensions rise as US and Iran struggle for an interim deal. Fresh attacks test a fragile ceasefire. Frozen Iranian assets and the Lebanon co...
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
- SpaceX, the sprawling company targeting the stars, Mars and an IPOElon Musk founded SpaceX in 2002 with the lofty goal of ferrying humans to Mars and setting up colonies on the neighboring planet. Musk, th...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- OMCs stare at big losses despite recent price hikesOil Marketing Companies are facing substantial losses on petrol and diesel. Despite recent price increases, these companies are still losin...
- Oil Price Today (May 29): Crude oil falls as peace deal hopes offset constant tensions. What are experts saying?Oil prices saw a slight dip on Friday. Hopes for a U.S. and Iran ceasefire extension are influencing the market. U.S. Vice President JD Van...
- Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodesIndian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...
- What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...
- Iran warns any renewed conflict with the US could spread 'far beyond the Middle East'Iran said on Wednesday it was examining a new US proposal to end the Middle East war, as President Donald Trump described the talks as bein...
- Bharat Petroleum reviewing oil imports daily, spot buying more amid Iran war, chairman saysIndia's Bharat Petroleum is increasing spot crude purchases due to Middle East supply disruptions from the U.S.-Iran conflict, impacting it...
- Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily lossIndian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and dail...
- Gold slips to 1-1/2-month low as Middle East tensions lift oil, cloud rate outlookGold prices dropped to a one-month low on Monday. Middle East tensions boosted oil prices, fueling inflation concerns. This reinforced expe...
- Oil touches 2-week high after drone attack on UAE nuclear power plantOil prices are rising as tensions between the U.S. and Iran escalate. An attack on a nuclear power plant in the United Arab Emirates has he...
- India's trade with West Asia contracts for second straight month in April amid shipping disruptionsApril marked a downturn in India’s trade relationship with West Asia, as both exports and imports experienced a staggering reduction of mor...
- Fertiliser subsidy may surpass budgeted estimates by Rs 70k crIndia imports over 80% of its DAP requirements and for urea domestic production covers only 30-35% of total demand. India is among top fert...
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