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STRATEGIC PETROLEUM RESERVE
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrelsIndia and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...
- US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
- The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
- India-US energy cooperation could help drive USD 500 bn trade goal by 2030, report saysIndia and the United States can boost bilateral trade to USD 500 billion by 2030. Deeper cooperation in hydrocarbons is key. The energy rel...
- US working to release energy reserves, boost sales of gas to ASEANThe United States is taking significant steps to elevate its role in the energy landscape of ASEAN nations by releasing energy reserves and...
- Why crude oil is falling fast today: Oil prices crash below $88 as US-Iran peace deal hopes send Brent crude, WTI oil and energy markets lowerOil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell nea...
- India has 76 days of fuel reserves, oil supplies secure: Hardeep Singh PuriIndia possesses robust fuel reserves, sufficient for approximately one month of disruption. The nation's diversified sourcing strategy and ...
- 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...
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- Commercial LPG cylinder rates on June 1: Prices hiked by Rs 42 in DelhiCommercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...
- LPG Cylinder Price Today (June 1): Check domestic gas rates in Delhi, Mumbai, Kolkata, Chennai after commercial rates hiked by Rs 42 in capitalLPG Domestic Cylinder Price today: Commercial LPG cylinder prices saw a significant increase of up to Rs 53.50 on June 1, 2026, impacting b...
- 'Hellfire' over Iran? US aircraft disables merchant vessel trying to reach Iranian portUS forces disabled a merchant vessel attempting to reach an Iranian port after it ignored over 20 warnings, highlighting a strict maritime ...
- IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EYIndia is urged to diversify its trade routes and develop new corridors like IMEC and the Indo-Pacific route. This aims to lessen dependence...
- Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
- Any relief rally in markets likely limited and temporary: David RocheGlobal markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and eq...
- Record oil draw from US emergency reserve drives total volumes to two-year lowThe U.S. Department of Energy said a record 9.9 million barrels of oil were released from the U.S. Strategic Petroleum Reserve last week, r...
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