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U.S. STRATEGIC RESERVES
Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
India may take a leaf from China's book for oil poolIndia may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...
Why are oil prices down while gold and silver prices up today? Reasons behind crude oil fall, precious metals rally, analyst insights and market outlookWhy are oil prices down while gold and silver prices up today? Oil prices fell to a three-month low as hopes grew that the Strait of Hormuz...
How India can win in a rewired global economyIndia is poised to gain from global supply chain shifts. Strategic neutrality and domestic focus are key. The nation must build robust buff...
After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia warAmerica's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage econo...
Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
B52 Bomber Crash at Edwards Air Force: All crew members dead after Boeing Stratofortress crashed following take-off in California, all about supersonic aircraft capable of carrying nuclear warheadsB52 Bomber Stratofortress crashed at Edwards Air Force Base in California on Monday. The Stratofortress, designed and built by Boeing, is a...
After the deluge, get ready for a resetA deal between the US and Iran signals a post-war future. The oil market will see significant shifts. Energy resilience will drive demand f...
Wall St. futures advance over 1% as markets cheer Iran dealIndian markets are set for a strong opening. A preliminary deal between the US and Iran has boosted investor sentiment. SpaceX's successful...
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
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...
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...