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GASOLINE SALES DECLINE
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...- Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demandIndia's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particular...
- India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- Iran war rapidly wiping out the world’s oil stockpile cushionGlobal oil stockpiles are shrinking at a record pace this month, with visible crude and fuel inventories falling by 8.7 million barrels dai...
- TGT stock: Why are Target Corp shares rising? Is it the most lucrative stock today at Wall Street?TGT stock: More customers buying in all six of Target’s main merchandising categories helped deliver the better-than-expected sales, the co...
- Petrol, diesel prices hiked for first time in 4 years; fuel retailers still face a gap of Rs 15-20/litre on salesIndia is the world’s third-largest oil importer, heavily dependent on global markets and energy flowing out of the Persian Gulf. In a crisi...
- Indian state oil refiners eye modest fuel price hike as losses mountIndian state refiners anticipate a small rise in fuel prices soon. This move aims to balance losses from the ongoing Persian Gulf war and c...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
- ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
- US stocks today-S&P 500, Nasdaq on course for best month since 2020 despite Middle East risksThe S&P 500 and Nasdaq are set for significant April gains, driven by resilient corporate earnings that are overshadowing oil market supply...
- ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
- Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
- US stocks today: US markets plunge as Middle East concerns offset earnings optimismUS markets saw a dip as American stocks fell. Early gains vanished due to renewed worries about the Middle East conflict. This overshadowed...
- Shipping data shows China trimming fuel exports, not haltingChina is reducing refined fuel exports, not banning them. Shipments to countries like Malaysia and Australia continue. April export cuts ar...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- US stocks today: Dow falls over 300 points as failed US-Iran talks unsettle investorsWall Street slipped as failed US-Iran talks and a US naval blockade on Iranian ports revived geopolitical risks, denting market sentiment. ...
- US retail sales increase solidly in FebruaryU.S. retail sales saw a solid 0.6% increase in February, driven by a rebound in auto purchases and warmer weather. However, surging gasolin...
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