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GLOBAL CRUDE PRODUCTION INCREASE
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...
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksThe move marks a potential shift in the company's shipping strategy, which has traditionally relied on a mix of time-charter and voyage-cha...
Oil Price Today (November 9): Crude oil falls below $100 again as Trump says fresh attacks ‘highly unlikely’. What are experts saying?Crude oil price: Prices came under further pressure after US President Donald Trump indicated that he was unlikely to authorise fresh attac...
Samvat 2083 begins: Will the good times roll for Indian businesses?Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and ...
Gas prices in the US are nearly half of Europe's: Why are American drivers paying so much less?American motorists are currently paying much less for fuel compared to drivers in the European Union. The average petrol price in the EU is...
IOC to buy crude, LPG ships as West Asia crisis exposes shipping risksIndian Oil Corporation aims to enhance control over its energy supply chain by acquiring crude oil carriers and LPG vessels. The company is...
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 ...
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...
Sugar prices jump Rs 4/kg in a month, rise Rs 12-13 over year despite supply stepsSugar prices in India have risen significantly over the past month in both retail and wholesale markets. Retail prices have now reached Rs ...
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 $...
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...
Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen reg...
ITC Q2 net profit falls 20% as high taxes keep margins in checkITC reported a 20% decline in standalone net profit for the September quarter despite a 45% increase in revenue. The rise in cigarette taxa...
Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent ...
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...
Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...