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HIGH DIESEL PRICES
High diesel prices tighten gasoline supply; global exports fall 24%: Goldman SachsGlobal gasoline exports have declined 24 per cent year-on-year as high diesel prices encourage refineries to priorities diesel production, ...
View: As oil tops $100, India needs a wider, smarter fuel security strategyRising oil prices necessitate energy supply diversification and alternate fuel adoption. India is urging the auto industry for flexi-fuel v...
Rising oil, borrowing costs fuel stagflation fears for global economyMiddle East conflict-driven energy price spikes and rising global borrowing costs are reviving inflation risks while threatening economic g...
Replacing Russian crude near impossible for Indian refiners as US sanctions bill threatens 100% tariff, say executivesIndian refiners face challenges replacing Russian crude imports due to new US legislation. Many key suppliers are already cut off, complica...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
US midterm elections 2026: Record diesel prices hit at worst time in key battleground states
US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
Oil jumps over $3 as Saudi export halt, Libya outages stoke supply fearsOil prices jump more than $3 as Saudi Arabia suspends oil loadings at Yanbu and Libya halts output at three oil fields. Supply concerns dee...
What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
Diesel prices are hitting record highs at a bad time for many US farmersRecord diesel prices are squeezing US farmers as they harvest corn and soybeans, adding to higher fertiliser, seed and equipment costs. The...
US oil jumps above $100 and stock futures slumpAmid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in g...
US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climbWholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are k...
US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...