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US STORM IMPACT ON OIL
NY Fed says supply chain pressures eased in JuneGlobal supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing....- New York City weather alert: Flash flood threat rises as torrential rain targets NYC, officials warn of dangerous Monday commute and travel disruptionsNew York weather: New York City faces a significant weather threat with heavy rain and thunderstorms poised to cause widespread flash flood...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources sayIran is currently in discussions with Japanese companies regarding the potential resumption of oil sales, backed by a U.S. sanctions waiver...
- 'Major' damage as Super Typhoon Bavi hits US island of RotaA "super typhoon" with equivalent force to a category-five hurricane tore through the US island of Rota in the Pacific on Monday, with auth...
- India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
- FIFA 2026: France beat Paraguay with Mbappe penalty to reach World Cup quarter-finalsKylian Mbappe's second-half penalty secured France a hard-fought 1-0 victory over a resilient Paraguay in the World Cup last-16. Despite Pa...
- Ethanol blending has strengthened India's energy security without hurting vehicle performance: Former IOCL ChairmanIndia's ethanol blending programme is bolstering energy security, boosting farmer incomes by nearly ₹1.6 lakh crore, and cutting emissions ...
- Energy-hungry Asia is already drawing lessons from Iran crisisAsia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...
- US oil companies see big jump in profitUS oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...
- What America (still) teaches usDespite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosp...
- Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...
- We blew up Iran's radar: Trump says US carried out strikes on Iran for 3 consecutive daysUS President Donald Trump revealed American forces conducted strikes on Iran for three consecutive nights, targeting radar systems in respo...
- European nations now believe some Hormuz fees are InevitableLeading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...
- Quote of the day by Mariah Carey: ‘After every storm, if you look hard enough, a rainbow appears..’ ; life lesson on not giving up on hope by American pop iconEven tough times eventually pass, offering hope and new beginnings, much like a rainbow after a storm. Music icon Mariah Carey's timeless m...
- US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
- India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...
- Delayed soyabean sowing likely to push up edible oil pricesAs delayed soybean sowing unfolds in key Indian states like Madhya Pradesh and Maharashtra, concerns are rising over a potential shortage o...
- Indo-Pacific, the new Gulf: Geopolitics joins petronomics to infuse the region with new energyThe Indo-Pacific region is becoming a central energy hub as the US shifts focus from West Asian oil due to ongoing regional tensions and fl...
- Hormuz oil transits continue though attacks make owners waryVessel traffic through the Strait of Hormuz saw a dip as some shipping companies expressed reduced confidence following weekend attacks on ...
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