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US DIESEL PRICES
US diesel below $6 a gallon at 2-month low on easing tensions, weaker demandUS diesel prices have decreased to below $6 a gallon after record highs that persisted for two months. This decline follows easing geopolit...
- Oil markets stay flush despite tanker attacks
Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries, said it pumped 10.5 million barrels a day in Oc...
Donald Trump, Xi Jinping and Vladimir Putin plan unprecedented joint meeting on APEC sidelines, White House and Kremlin sayTrump has warmly embraced Xi after coming to a truce in their short-lived trade war last year and in spite of differences over the U.S. war...
Trump, Xi and Putin plan an unprecedented joint meeting on the sidelines of APEC, White House saysThe three leaders may meet during the Asia-Pacific Economic Cooperation summit. This unprecedented summit is expected to focus on nuclear a...
Oil releases from IEA emergency stocks to pick up through February, agency saysIncluded in the release will be around 15 million barrels of diesel which are scheduled to be released by end-February, almost entirely fro...
First decade since Independence with over 4 pc agri growth, says PM ModiPrime Minister Narendra Modi stated that Indian agriculture grew more than 4 percent per year in the past decade. He emphasized that many s...
Why is the glittering gold losing its sparkle?After hitting a record near $5,600 an ounce in January 2026, gold has fallen roughly 29% from its peak. Here is what drives gold prices, wh...
West Asia crisis fuels crude conflict in Myanmar civil warMyanmar imports 90 percent of its fuel oil, official figures show, making it particularly vulnerable to supply issues caused by the US-Isra...
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fearsUS stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and rais...
US crude production to hit record high for fourth straight year in 2026, EIA saysThe US Energy Information Administration expects crude production to reach a record 13.9 million barrels per day in 2026, rising to 14.3 mi...
Tanker carrying Russian diesel halts off US coast, shipping data showsPresident Donald Trump last month announced a surprise deal with Moscow to import diesel from Russia to help lower prices at the pumps ahea...
US gas prices drop after midterm elections as oil falls below $100 - But will the relief last?Gas prices in the United States have recently seen a welcomed dip, giving consumers a much-needed break from rising costs. This decrease co...
Middle East oil price war heralds post-conflict glut: BoussoThe Strait of Hormuz has become a bustling corridor for Middle Eastern oil, with exports rising sharply since September. However, the ongoi...
Gas prices in the US are nearly half of Europe's: Why are American drivers paying so much less?American motorists are currently paying much less for fuel compared to drivers in the European Union. The average petrol price in the EU is...
US to loan about a third of heating oil reserve in bid to tame pricesThe US Energy Department will loan 300,000 barrels of fuel oil from its emergency heating reserve to four companies to ease supply pressure...
Congress cites US mid-term results to slam 'One Nation, One Election' ideaThe Congress party used the results of the recent US mid-term elections to emphasize accountability in democracy. Congress general secretar...
Adam Hamilton defeats Trump-backed Roger Marshall in Kansas, ending 94-year Democratic Senate droughtAdam Hamilton achieved a historic victory in Kansas, becoming the first Democrat elected to the US Senate in 94 years. He defeated Trump-ba...
Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
Petrol price in India cheaper than US, UAE, China, Canada: Global average petrol rate is Rs 150, diesel Rs 159, data showsPetrol rate in India are lower than in the US, UAE, China, Canada and several other countries, according to global fuel price data. While t...