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CRUDE OIL STORAGE EXPLOSION
Fire at Oil India tank farm in Assam kills one, injures sixA fire broke out at the Intermediate Tank Farm of Oil India Limited in Dibrugarh, Assam. The incident occurred during maintenance work, lea...- 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...
- Oil Price Today (November 5): Crude oil falls below $94 after 9% plunge on Wednesday after midterm results. More downside ahead?Crude oil price : Crude oil prices have dropped significantly following the Democratic victory in the recent US midterm elections. This pol...
- US midterm elections: Crude cools, but Iran war risks keeps markets guessingOil prices are expected to stay elevated amid President Trump's weakened political position after the midterms. Uncertainties regarding the...
- 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 oil prices crash below $90 as JD Vance blames Iran War for GOP election loss: WTI falls to $88.92, Brent drops to $94.82, but will gas prices follow?Why did oil price crash below $90 today? US oil prices fell sharply after midterm election results indicated Democratic control of Congress...
- Trump to launch nuclear attack against Iran? Ex-Fox presenter says US may be days away from strike, shares how it could affect India, oil and fertilisersUS conservative commentator Tucker Carlson claims Trump might consider a nuclear strike on Pickaxe Mountain in Iran. Allegations arise that...
- Oil Price Today (November 4): Crude oil falls below $104 ahead of US midterm elections outcome. What are analysts saying?Crude oil price : Oil prices experienced a slight dip on Wednesday as traders kept a close eye on the US midterm elections. Brent crude fut...
- 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 $...
- India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
- India bonds wipe out early gains as oil reboundsIndian government bond yields have seen a slight uptick, predominantly influenced by the volatile crude oil market and geopolitical tension...
- IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session a...
- HPCL Vizag refinery fire: Fire breaks out at oil facility in Visakhapatnam; cause unclearHPCL Visakh refinery fire: A fire broke out at the Hindustan Petroleum Corporation Limited facility in Vizag on Monday night. While the fir...
- Why are oil prices down today? Brent Crude futures drop by 5.9%. Here's the latest priceOil prices have fallen by 5.9% due to diplomatic talks between Iranian and Qatari officials. The hopes of a deal to end the US-Israeli war ...
- 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...
- Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on MondayIndian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil...
- Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a ...
- Why is Adani betting $3.4 billion on global energy trade chaos?Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape ...
- India needs to build up shipping capacity to cash in on cheap crude, IOC chairman saysIndia is facing challenges in effectively utilising discounted crude oil due to inadequte shipping capabilities. The chairman of Indian Oil...
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