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GLOBAL FUEL MARKET
India's MICE sector to grow by 12-14 pc annually for next 3-5 years: NIMAThe MICE sector in India is set to experience an annual growth of 12-14 percent over the next five years. Meanwhile, destination weddings a...
ET World Leaders Forum 2026: ‘Just in time’ is over, says Jaishankar on why a riskier world needs a ‘just in case’ approachThe world faces heightened uncertainty as the old global order unravels. Countries and businesses must build resilience into their economic...
Global Market: European shares little changed as bond yields rise and gulf tensions lift oilEuropean shares were little changed on Friday, with the STOXX 600 heading for a second straight weekly decline as rising bond yields and hi...
Global Market: Japan core inflation accelerates in July, strengthening case for BOJ rate hikeJapan’s core inflation rose to 1.8% in July from 1.6% in June, in line with market expectations, strengthening bets that the Bank of Japan ...
Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
Investors dump India bonds after hawkish RBI minutesDomestic bonds experienced mounting pressure after the Reserve Bank of India's recent policy minutes conveyed a hawkish tone. The escalatio...
Global Market: European shares flat as oil prices offset bond market reliefEuropean shares remained flat on Thursday as rising crude oil prices and inflation worries counteracted a recovery in global bond markets f...
The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
Global Market Today: Asian stocks rise after bond rally, dollar steadyAsian stocks advanced as the US Treasury announced debt buyback plans. This move eased pressure on the bond market and stabilized the dolla...
Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
Global Market: Japan stocks slide as oil spike and rising bond yields weigh on sentimentJapan’s Nikkei fell 1.1%, ending its five-session rally as Middle East tensions disrupted oil supplies and revived inflation concerns. Risi...
Global Market: Euro zone bond yields hover near 15-year highs as Middle East war fuels inflation fearsEuro zone bond yields stayed near 15-year highs as Middle East conflict-driven energy inflation raised expectations for ECB rate hikes. Ger...
GAIL’s LNG portfolio bolsters India’s energy resilience amid global uncertainty: CMDGAIL's Chairman Deepak Gupta highlighted the company's role in nation-building. The state-owned firm is reinforcing India's energy resilien...
India’s balance of payments slips into deficit in Q1FY27India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...
Global energy, weather risks threaten further easing in wholesale inflation: EconomistsWholesale inflation is expected to stay high despite a slight decrease in July. Global energy prices and geopolitical uncertainty pose ongo...
Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...