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GLOBAL FUEL MARKET
Trump says Europe to unlock ‘massive amount of Diesel’; G7 agrees 100 million-barrel oil release amid global crunchUS President Donald Trump said Friday that Europe had agreed to release a “massive amount” of heavily stocked diesel oil, with the process ...- UK average diesel pump price hits £2 per litre for first timeThe average price of a litre of diesel fuel in Britain has reached £2 for the first time. This increase is a result of ongoing global surge...
- HSBC hires Cantor's Paras Jain to lead global TMT banking, sources sayHSBC has appointed Paras Jain as the global head of TMT investment banking, with a start date in November. Jain previously worked at Cantor...
- 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 ...
- Oil prices edge higher, hover around $102 as US-Iran tensions, China fuel curbs support prices; MCX closed todayOil prices rose for a third straight session as China halted fuel exports and the US weighed additional military deployments to the Middle ...
- Govt warns Nayara, RIL-BP against fuel sales caps amid diesel curb reportsOil secretary Neeraj Mittal stated that restricting fuel sales at pumps is unacceptable during a press conference. He emphasized that no co...
- India can emerge as key rice supplier as global production falls 9% and demand rises 14%: IREFIndia's rice production is expected to decrease, while global demand is projected to rise significantly. The country possesses sufficient s...
- Rupee drops to two-month low as global bond rout deepens, oil jumpsThe Indian rupee fell to its weakest level in two months as global bond yields rose sharply. Oil prices soared past $100 per barrel, compli...
- Global Market: Eurozone bonds face pressure as energy shock fuels rate hike betsEurozone bond yields rose sharply as energy-driven inflation strengthened expectations of further ECB rate hikes through 2027. French yield...
- Mind the diesel retail-bulk gapHigh global diesel prices are impacting government-owned refiners who maintain frozen retail prices for domestic customers. Private refiner...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- Oil slides as Saudi Arabia boosts flows via key pipelineOil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...
- D-Street stocks are breaking long-held supports as selloff deepensIndian equity markets are experiencing a notable decline, evidenced by the NSE Nifty 50 Index's continuous fall over seven weeks. The colle...
- India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
- High airfares could stick around even if jet fuel prices fallUS airfares could remain elevated even if jet fuel prices fall, as airlines adjust schedules and ticket prices only gradually after sharp s...
- 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...
- Global Market Today: Asian shares subdued as rising oil fuels rate hike concernsMSCI’s gauge of Asian stocks opened slightly lower with South Korea’s benchmark slipping as markets returned from a holiday, while Japanese...
- Jaishankar at UNGA highlights AI, says nations should shape own technology pathsS Jaishankar addressed the 81st United Nations General Assembly and highlighted the significance of artificial intelligence. He affirmed th...
- Global Market Today: Asian shares slide as bond selloff fuels rate fearsAustralian and New Zealand 10-year government bonds slipped in early Asian trading. The yield on a global bond index hit 4% for the first t...
- Global Market: Diesel prices surge to record highs as wars squeeze global fuel suppliesGlobal diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability a...
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