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OIL REFINERY ATTACK
A day before US-brokered talks, Russia and Ukraine batter each other with long-range strikesRussia has targeted multiple electrical substations in Ukraine amid ongoing military actions. Ukrainian forces have hit a major oil refiner...- US gas prices drop after midterm elections as oil falls below $100 - But will the relief last?Gas prices in the United States have recently seen a welcomed dip, giving consumers a much-needed break from rising costs. This decrease co...
- When wars and AI cast a shadow, India has pressed a power resetIndia’s renewable energy expansion is reshaping its energy security, cutting dependence on imported coal and natural gas as wars, oil suppl...
- Middle East oil price war heralds post-conflict glut: BoussoThe Strait of Hormuz has become a bustling corridor for Middle Eastern oil, with exports rising sharply since September. However, the ongoi...
- MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
- Death toll hits 31 after Russian strike on Ukrainian aid site, with dozens still missingA devastating Russian strike on a humanitarian aid gathering in Komyushuvakha has resulted in a tragic death toll of 31, with many resident...
- Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chiefLahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need ...
- Russian strikes cut power to thousands in Ukraine as drones damage Russian facilityRussian strikes on power infrastructure in Ukraine left hundreds of thousands without electricity during the ongoing conflict. President Vo...
- Oil prices soar 14% in October to 6-month high as US weighs fresh Iran strikes after midterms. More pain ahead?Brent crude rose 13.6% in October to settle at a six-month high of $117.64 a barrel, as fears of fresh US strikes on Iran and threats to sh...
- US oil companies aim to squeeze more out of refineries as war supply crunch weighsUS oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron rep...
- Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a ...
- Trump pressure prompts Ukraine to pause strikes on Russian refineries, WSJ reportsUkraine has paused its strikes on Russian oil refineries following pressure from US President Donald Trump, the Wall Street Journal reporte...
- Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Will oil fall further?Crude oil price : In light of recent diplomatic talks surrounding potential U.S. military engagements with Iran, oil prices have taken a di...
- US oil prices fall as investors gauge risks to Mideast supplyThe price of US West Texas Intermediate crude dropped 0.9%, settling at $101.86 a barrel, showing sharp fluctuations after a previous day’s...
- India bonds end flat as oil woes come up against short coveringIndian government bonds faced volatility as oil price hikes raised inflation concerns and affected market sentiment. The 6.94% 2036 bond yi...
- Elevated oil prices keep up heat on rupee, traders await cues from FedThe Indian rupee closed lower against the dollar as oil prices surged due to supply concerns. Brent oil rose to $115.3 per barrel following...
- India bonds sink on oil spike before Fed decisionIndian government bonds experienced a significant decline after a prior rally due to rising oil prices. Brent crude oil prices increased fo...
- Oil Price Today (October 28): Crude oil at $116 as Saudi Arabian refinery comes under attack $120 in sight?Crude oil price : Oil prices have risen due to an attack on Saudi Arabia's largest oil refinery by Yemen's Houthis. Concerns regarding supp...
- Russian oil refineries boost output as drone attacks halt after US-brokered deal, sources sayRussian oil refineries have increased crude processing by 25% in the second half of October. This increase followed the cessation of persis...
- Houthis attack Saudi Arabia’s Ras Tanura refinery amid $1 billion ceasefire offer reportsYemen's Iran-aligned Houthis claimed responsibility for an attack on Saudi Arabia's Ras Tanura oil refinery. A fire occurred near the facil...
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