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DIESEL PRICES IMPACT
Trump strikes deal with Putin to get diesel in sharp reversal of US policy weeks before midtermsUS President Donald Trump revealed a new deal with Russia for diesel imports expected to alleviate high fuel prices. This announcement dive...
Why is Donald Trump buying diesel from Vladimir Putin's Russia despite heavy sanctions? What will be impact on Oil prices?Donald Trump’s shocking announcement comes after he signed a sweeping Russia sanctions law last month that aimed at clamping down on the Ru...
Highway projects get three more months of bitumen, diesel cost escalation cover amid West Asia crisisThe ministry of road transport and highways is extending the cost compensation for bitumen and diesel. This extension will apply to project...
Fuel, fertiliser costs strain American farmers' support for Republicans in midtermsFarmers in the Midwest United States face surging diesel and fertiliser costs which are outpacing their incomes. The sector has seen diesel...
Petrol margins turn positive as OMC fuel marketing losses ease in Q2FY27: ReportFuel marketing losses of state-run oil marketing companies (OMCs) narrowed sharply in the September quarter, helped by lower crude oil pric...
US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
Global Market: OPEC+ keeps November oil output steady as Brent tops $100Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $...
Despite G7, fuel inflation will remainG7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...
When could Americans feel the impact of G7’s 100 million-barrel oil release? Experts explain what households can expectThe G7 nations have decided to release a total of 100 million barrels of oil and refined fuel products over the next four months. This init...
Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
Why are oil prices down today? G7 countries' oil reserve release plan to push crude rates lowerOil prices fell today as G7 countries moved towards releasing up to 100 million barrels of diesel and crude reserves over four months. Bren...
China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
Mind the diesel retail-bulk gapHigh global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiner...
India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
US to ban diesel exports? Trump weighs drastic move as White House tells Ted Cruz ‘no’: ReportThe White House has assured Senator Ted Cruz that the Trump administration will not impose a blanket ban on US diesel exports, Bloomberg re...
Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...