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CRUDE OIL EXPORTS
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...- Samvat 2083 outlook: 8 triggers that could turn Sensex, Nifty correction into a rally by next DiwaliIndian equities enter Samvat 2083 after a correction that has made valuations more attractive, but a sustained rally will depend on several...
- Iraq reaches US understanding to resume oil exports through Strait of Hormuz, says foreign ministerIraq has reached an understanding with the US to allow its oil exports through the Strait of Hormuz using a shipping lane near Oman, Foreig...
- Indian rupee strengthens past 94/$ as oil slides, foreign inflows returnThe Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign infl...
- Oil Price Today (November 6): Crude oil nears $100 again as fresh attacks dent peace talk hopes. What are experts saying?Crude oil price : Oil prices are making a comeback as fears of supply interruptions grow following recent tanker attacks. President Donald ...
- Asia fuel oil benchmarks slump as market prices in potential Iran war de-escalationAsian fuel oil benchmark prices underwent a steep decline this week, driven by expectations of heightened supplies from the Middle East. Th...
- Middle East crude oil premiums tumble to pre-war levels amid ample supplyMiddle Eastern crude exports have increased in September and October, leading to declining spot premiums. Dubai's cash premium to swaps fel...
- Hong Kong stocks jump 3%, China shares edge higher as tech stocks rallyHong Kong stocks rallied sharply, led by technology and gold shares, as investors welcomed the US midterm election outcome. Alibaba and Ten...
- US midterm outcome offers limited relief to India; oil, Russia sanctions remain key risks: ReportThe outcome of the US midterm elections is expected to offer only marginal relief to India. Crude oil prices and potential tariffs on Russi...
- Brent crude oil price falls below $100 a barrel on hopes of Iran peace deal following Democrats' midterm victoryCrude oil prices experienced a significant decline, with Brent prices falling below $100 per barrel. The decline was influenced by hopes fo...
- US Iran war: UAE plans third crude oil pipeline to avoid Strait of HormuzThe United Arab Emirates is planning to construct a third oil-export pipeline to minimize reliance on the Strait of Hormuz. This new pipeli...
- US trade deficit contracts slightly in SeptemberIn September, the US trade deficit decreased by 0.6 percent, driven by capital goods imports and strong exports. Imports rose by 1.2 percen...
- MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
- 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...
- Saudi Aramco Q3 profit jumps 34.5% to $36.25 billion despite ongoing US-Iran conflictSaudi Aramco reported a 34.5% year-on-year rise in third-quarter net profit to $36.25 billion, beating analyst estimates. Higher oil prices...
- Oil Price Today (November 2): Crude oil falls to $111 as Iran-Qatar talks continue to end war. What are experts saying?Crude oil price : Oil prices have plummeted dramatically, impacting Brent and WTI crude significantly. As Iranian and Qatari officials enga...
- Oil slips more than 1% as talks continue on ending Iran warOil prices witnessed a decline of more than 1% as Iranian and Qatari diplomats engaged in discussions regarding the US-Israeli conflict. Br...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
- Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressureIn response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...
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