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OIL SUPPLY CHAIN
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
IMF edges up 2026 global growth forecast to 3.1% but warns economy is ‘vulnerable to setbacks from both directions’The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilie...
US stocks: Nasdaq ends lower as oil prices surge ahead of earnings, economic dataThe Nasdaq composite index faced a downturn as oil prices surged following attacks on a Saudi airport. With major banks set to release thei...
Salons double festive makeover prices as Navratri demand surges, costs riseSalons and services apps have increased their prices significantly due to a surge in demand for festive services. The rise in costs is attr...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
Oil is moving through the Strait of Hormuz again, why are gas prices still above $4.30?Traders are still worried that fresh fighting could damage oil facilities and disrupt supplies. Saudi Arabia’s East-West pipeline is one ex...
In 2017, London buses ran partly on coffee; bio-bean turned waste grounds into 6,000 litres of oil, enough to fuel one bus for one year, the firm saysAs a secondary use, London is looking at turning discarded coffee grounds into biofuel for public transport. British start-up bio-bean has ...
Rising oil, weak rupee and rate fears hammer Dalal Street; VIX jumps 10%On Thursday, Indian equities faced a significant sell-off, leading to declines in both Sensex and Nifty. The Sensex dropped by 1,045.46 poi...
US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weighUS stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including th...
Building the route to India: Russian oil and mineral water producers expand overseasEcooil and Akva-Kristall are strategically enhancing export ties with Indian buyers. Leveraging their strong infrastructure for production,...
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
Global Market: AMD to increase AI chip supply substantially in 2027 to meet rising demandAMD plans to substantially increase chip supplies in 2027 as demand for AI processors accelerates. CEO Lisa Su is working with key supplier...
China digs 8,300 metres beneath Xinjiang desert: What is hidden in the desert below?China is accelerating oil and gas exploration in ultra-deep and offshore reserves to strengthen domestic energy supplies amid global market...
US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
Bharat Forge secures contract from Pratt & Whitney Canada for aerospace engine componentsBharat Forge has secured a long-term contract from Pratt & Whitney Canada to supply mission-critical aerospace engine components. The compo...
Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
Sanctions, tariffs turn into policy instruments, sometimes weaponised: P K MishraP K Mishra highlighted the impact of geopolitical tensions on global markets and economic vulnerabilities. He mentioned that India is diver...
India oil refiners change tactics and hire ships to cross HormuzIndian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...