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GLOBAL GAS SUPPLY CRUNCH
India, Asian peers pile up $7.4 billion spot-gas bill, turning wary of LNGAsian nations spent billions on spot LNG after supply disruptions. These higher costs pressure economies reliant on natural gas imports. Co...- Saudi pipeline outage threatens loss of 4% of global oil supplySaudi Arabia's oil exports face a significant threat from pipeline damage. The kingdom has only a few days of oil stocks remaining for expo...
- BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
- BRICS backs diversified energy mix, says fossil fuels remain important for EMDEsBRICS nations advocate for stronger energy security through diverse sources and stable markets. They acknowledge fossil fuels' continued im...
- BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
- Amid US-Iran war and rising LNG rates, GAIL Gas turns to blended pricing to keep industrial gas affordableGAIL Gas employs blended pricing to keep industrial natural gas affordable. This strategy uses varied gas supplies and contractual flexibil...
- Indradhanush Gas Grid clocks Rs 632 crore capex in FY26, project progress reaches 88.6%Indradhanush Gas Grid Limited incurred Rs 632 crore in capital expenditure during FY26, taking cumulative spending to Rs 6,878 crore, as ph...
- India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
- IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
- Trump doubles down on 'Trump Strait' plan for Hormuz, says Iran will be 'thrilled'President Trump suggested renaming the Strait of Hormuz to Trump Strait. He stated Iran's leadership would be thrilled by this significant ...
- Oil Price Today (September 10): Crude oil at $101 as Iran attack on 10 ships raises supply fears. $120 in sight?On Thursday, oil prices surged above one hundred dollars per barrel as traders evaluated the risks associated with supply disruptions stemm...
- Brent holds above $100 as tanker attacks deepen supply fearOil prices are holding steady as Brent crude exceeds one hundred dollars per barrel. Traders are anticipating further supply interruptions ...
- Oil Price Today (September 9): Brent crude rises above $100 a barrel as Middle East conflict escalatesBrent crude futures crossed $100 a barrel for the first time since July 24 as escalating U.S.-Iran tensions raised concerns over Middle Eas...
- Canada looks beyond the US as Ottawa targets Poland with nuclear technology, uranium and LNG in major trade push amid global energy uncertaintyCanada is exploring energy and infrastructure partnerships with Poland. Ottawa is pitching nuclear technology and uranium supplies to Warsa...
- Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
- Copper hits new peak of $14,533/metric ton. Can its reddish glow brighten even further?Copper prices hit a record high of $14,533 per metric ton as tight mine supply, a weaker dollar and structural demand from electrification,...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- LPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh GopiThe Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for ...
- Qatar sends empty LNG ships back toward Gulf amid signs exports could resumeSeveral LNG tankers associated with Qatar are currently en route to the Persian Gulf, hinting at a potential restart of shipments through t...
- Blackouts and bigger bills: Pakistan's energy dilemma deepens as Middle East war hurts supplyPakistan’s energy crisis is worsening as disrupted LNG supplies and soaring spot prices force Islamabad to choose between expensive fuel an...
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