Searched for
GLOBAL FUEL SUPPLY DISRUPTION
RBI Governor Sanjay Malhotra flags inflation risks; says rate recalibration needs greater clarity, MPC Minutes showRBI Governor Sanjay Malhotra said greater clarity on the inflation trajectory is needed before any recalibration of the policy rate, as the...
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...
War-driven windfall gains for chemical makers likely to fade in Q2, demand remains key risk: Kotak Institutional EquitiesProfit gains made by several Indian chemical companies in the first quarter due to higher prices are likely to weaken in the second quarter...
Red Sea blockade threat: Why India’s trade faces a wider supply-chain shockA prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...
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...
Zinc Rally: What's drivingprices to record highs and what lies ahead?Zinc prices have escalated to their highest levels in years on international markets, fueled by supply interruptions and dwindling stockpil...
Crop buyers cut off from Black Sea are turning to other originsThe region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.
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...
India records $8.1 billion deficit in April-June balance of payments, June turns surplusIndia's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...
Oil Price Today (August 14): Crude oil dips below $88 despite Trump’s threat to blockade Iran indefinitely. What are experts saying?Brent crude futures were down 30 cents, or 0.34%, at $86.77 a barrel, while US West Texas Intermediate (WTI) crude futures gained 34 cents ...
Bangladesh orders malls and markets to shut by 8 pm as it faces 12-hour power cutsBangladesh has enforced earlier closing times for businesses to save electricity. Severe gas shortages are significantly impacting the nati...
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...
India's Petronet says no clarity on September LNG supplies from QatarPetronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announce...
Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensionsEuropean shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruption...
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...
Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
Early surge in US container imports coming to an end, shippers sayUS container import volume, driven by tariffs and war surcharges, has peaked. Shippers are now well-stocked for the upcoming holiday shoppi...
India may charge gas users to fund planned $42 billion fuel reserves, sources sayIndia is considering levies on cooking gas and natural gas consumers to fund a proposed $42 billion multi-fuel strategic reserve programme ...