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OIL PRODUCTION DECLINE
White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
Vedanta, Vedanta Aluminium, NALCO, other metal stocks fall up to 5% on Friday. Here’s whyMetal stocks fell as soaring oil prices, rising US bond yields and a stronger dollar weighed on sentiment. Vedanta, Vedanta Aluminium, Hind...
From Maggi to Thums Up, India's food debate turns to what global brands sell hereIndia's proposal for food health warning labels ignites a national discussion. Companies sell less nutritious versions of brands in India c...
US stocks today: US stocks end lower as rising oil, Treasury yields lift Fed hike betsUS stocks fell as Brent crude surged 6% to $107 a barrel and Treasury yields climbed to multi-year highs. Rising energy prices and producer...
6.2 mbd: Saudi Arabia reports lowest oil exports since 1990Saudi Arabia's crude oil output significantly dropped last month to its lowest point since 1990. Renewed hostilities between the United Sta...
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 ...
Govt working to allow ethanol blending beyond E20 via flexi-fuel vehicles: PM AdvisorIndia plans to allow ethanol blending beyond the E20 level soon. Flexi-fuel vehicles will enable higher blending percentages for greater fu...
Industrial stocks lose momentum as Iran war, AI reversal take tollIndustrial shares have seen a sudden reversal, falling significantly after reaching record highs recently. Rising oil prices and a reversal...
US stocks today: US stocks slip as AI fears weigh on software, while oil and rate bets add pressureUS stocks fell as renewed AI disruption fears hit software shares, while rising oil prices and shifting Federal Reserve rate expectations a...
US seeks more access to Venezuela's mineral wealth after tapping its oil, sources sayThe Trump administration seeks increased access to Venezuela's mineral wealth. This effort aims to secure critical minerals for national se...
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,...
Global Market: Japan stocks mixed as strong data boosts rate-hike betsJapanese shares were largely steady as investors balanced stronger domestic economic data against a firmer yen and expectations of a Bank o...
The next wars may not be about oil or borders: Climate change is turning food, water and farmland into new sources of conflict across the worldClimate change is reshaping global agriculture and resource availability. This shift could increasingly drive future conflicts and instabil...
Stocks in news: Tata Motors, RVNL, Eicher Motors, Mazagon Dock and LupinIndian equity markets experienced volatility, with the Nifty 50 extending its losing streak for four weeks. Escalating US-Iran hostilities ...
The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil dealBillionaire Alejandro Betancourt, once investigated by US authorities over alleged money laundering linked to Venezuelan state oil firm PDV...
World food prices at highest since 2022 as supply risks mount, FAO saysGlobal food prices reached their highest point since late 2022. Adverse weather and war disruptions are increasing concerns over staple sup...