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GLOBAL CARGO CARTEL
From India to Italy, Trump’s Iran war is rippling through the world economyThe US–Israel war in Iran is sending shockwaves through the global economy, pushing up prices of oil, gas and key industrial inputs, and ra...- Understanding crude oil: From exploration to pricing. It will impact Indian economy and stock markets for at least next 2 decadesEvery morning, at over 100,000 petrol pumps across India, millions of people glance at the price board and carry on. A few rupees up or dow...
- Petrol, diesel prices may be cut if crude rates stay low for longer: Petroleum SecretaryPetrol Diesel Price Cut: Indians may see relief in petrol and diesel prices if global oil prices remain low. State-run fuel companies may c...
- Geopolitical tensions and global growth outlook to give crude oil price direction in 2024The new geopolitical risk in West Asia was speculated to raise global oil prices as the region is one of the most important oil-producing a...
- Risk of oil price spike impacting FY25 growth is low: CEA V Anantha NageswaranSpeaking at an SBI-organized economic conclave, Nageswaran expressed optimism, suggesting that a cooling off of economic activity would pre...
- Chocolate prices are rising everywhere as cocoa rots in West AfricaIt’s a climate crisis playing out across Ivory Coast and Ghana, the heavyweights of cocoa, with consequences for global food inflation and ...
- What do COP28, money laundering and the Amazon have in common?The law enforcement meeting, dubbed "a historic collaboration", is organized by the International Initiative of Law Enforcement for Climate...
- Biden team reworks plan for Russia oil-price cap as markets sourInstead of strangling the Kremlin’s oil revenues by imposing a strict lid on prices that would have been observed by a broad “buyer’s carte...
- Afghanistan, Pak, NE neighborhood fueling India's drug concernsOften, the drug traffickers are using the Indian shores because shipments emanating from India are scrutinised less suspiciously by global ...
- Who’s afraid of transient inflation?Inflation is being fuelled by hardening crude prices, magnified in retail prices of petro-fuels by cascading fuel taxes, besides supply bot...
- Asia’s No. 2 fuel guzzler eyes more exports as pandemic hits fuel demandGlobal oil demand has been on the road to recovery due to the roll-out of vaccines.
- India asks state refiners to review oil import contracts with SaudiAmid tensions with Saudi Arabia over oil production cuts, India has asked its state refiners to review contracts they enter into for buying...
- View: Enhancing Siliguri corridor for ease of trade and transit in South AsiaAll three immediate neighbours of India on its eastern side - Bangladesh, Bhutan and Nepal - depend on this trade and transit corridor for ...
- India asks OPEC to correct pricing anomalies, assess impact of CovidSpeaking at the 4th high-level meeting of the India-OPEC Energy Dialogue, Oil Minister Dharmendra Pradhan said OPEC meets 78 per cent of In...
- Slumbering tiger, roaring dragon: How India's defence stacks up against its biggest regional competitor ChinaChina's military modernization, capacity-building, infrastructure development in Tibet, and moves into the Indian Ocean pose serious challe...
- China and India want to buy more US oil to counter OpecThe potential collaboration between the two major oil buyers would present a challenge for Opec.
- New rules to boost India's shipping fleet; may dent foreign shippers: SourceIndian state-owned firms may have to give half their freight business to local shippers to help rescue an industry battered by the global c...
- Egypt unrest: Little impact on oil supplyThe turmoil in Egypt will have little impact on oil supplies to India. The pressure on domestic fuel pricing too will not aggravate.
- EU fines 11 airlines 800 million euros for air cargo cartelThe 11 cargo carriers coordinated their action on surcharges for fuel and security without discounts over a six-year period.
- We want to reflect true market forces of supply and demandETSL talks to John Lu of the Singapore National Shippers’ Council, chairman of the Asian Shippers’ Council.
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