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US REFINING MARGINS
Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pumpMajor oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in...
US oil companies aim to squeeze more out of refineries as war supply crunch weighsUS oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron rep...
RIL Q2 Results Preview: Profit outlook brightens as O2C business set to drive growthReliance Industries is expected to report 15-17% year-on-year growth in September-quarter EBITDA, driven by a sharp recovery in its oil-to-...
High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
Vedanta Q2 Results: Profit zooms 78% YoY to Rs 6,202 crore; revenue surges 57%Vedanta Q2 Results: Vedanta Ltd reported a 78% year-on-year rise in consolidated net profit to Rs 6,202 crore in the September quarter, whi...
India's gold import route changing course for a benefit all jewellers wantIndia is diversifying its gold import sources as expanding domestic refining capacity, tax incentives and the India-UAE trade pact reshape ...
US courting Reliance's refining muscle to keep oil flowing, not curb Russian crude, analyst saysMarco Rubio's recent visit to Jamnagar emphasizes strengthening energy ties between the US and Reliance Industries. With a capacity of 1.4 ...
Iran claims Strait of Hormuz control, warns US warships against entering Persian Gulf amid fresh strike threatIran has declared full control over the strategic Strait of Hormuz and warned against US military entry. Meanwhile, US officials hinted at ...
US secretary of state Marco Rubio, Ambani discuss energy and tech cooperationUS Secretary of State Marco Rubio's recent visit to the Reliance Industries refinery in Jamnagar signified a pivotal step towards enhancing...
From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energyUS Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with ...
Sun Pharma to raise Rs 10,000 crore to part-finance Organon dealSun Pharmaceutical Industries plans to raise ₹10,000 crore through two tranches of rupee-denominated bonds. The funds will help refinance b...
Russia ships the least crude oil in a month as major Baltic port haltsRussian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction...
Trade deal 'very close' to finalisation: RubioUS Secretary of State Marco Rubio will meet with Maharashtra Chief Minister Devendra Fadnavis and External Affairs Minister S Jaishankar. D...
Indian refiners' fuel exports to the West jump 43% as they keep processing Russian crudeIn September, Indian and other refineries exported 1 billion euros' worth of oil products made from Russian crude. This marked a 43 percent...
Charting the global economy: Inflationary pressures mount in USA broad upswing in consumer prices last month helps reinforce expectations for additional Federal Reserve interest-rate increases in the mo...
Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
Industry body seeks higher duty on copper used in solar moduleThe Indian Primary Copper Producers Association has urged the government to raise customs duties on solar copper products. They recommend i...
Reliance could earn up to Rs 12,600 crore EBITDA from cheap Venezuelan crude. What investors should knowReliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar comp...
Trump’s diesel deal with Putin may be lots of barrels but little bangDonald Trump announced a deal with Vladimir Putin to supply additional Russian diesel amid global fuel shortages. The agreement outlines th...
India’s diesel exports hit 1-year high in September as record margins drive Europe shipmentsIndia’s diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners...