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OIL SUPPLY DISRUPTIONS
Crude oil prices rise 2% on fresh attacks by US and IranOn Tuesday, oil prices surged nearly two percent amid escalating tensions between the United States and Iran. The situation was further com...- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...
- Indian Oil Corp cancels Iraq oil lifting amid Hormuz attacks, sources sayIndian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...
- Petrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check herePetrol, Diesel Prices Today: Indian fuel prices remained unchanged on Monday, July 21, despite global crude oil falling below ninety dollar...
- Credit-deposit gap to persist as loan demand dynamics have changed, says SBI ResearchA noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditiona...
- RIL sees better global refining margins despite oilfield attacksReliance Industries anticipates stronger global refining margins in upcoming quarters. Structural capacity losses in Russia and the Middle ...
- Why oil prices haven't gone crazy despite 5 months of US-Iran warOil prices stayed below predictions despite the US and Iran conflict. China's reduced oil imports significantly impacted global demand for ...
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
- Fast fashion is about to get caught up in HormuzAs with the toilet-paper frenzy at the start of the Covid-19 pandemic, and drivers pre-emptively filling their tanks on reports of the US-I...
- Saudi Arabia begins regaining share in India's crude importsSaudi Arabia is expected to supply 464,000 barrels per day (bpd) to India in July, based on arrivals in the first half of the month and tan...
- Less Gulf, more Russia: RIL diversifies crude sourcing amid market turmoil due to Iran warReliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crud...
- Peak of US-Iran conflict likely over; easing commodity prices to aid Indian manufacturers from H2FY27: ReportEasing commodity prices are expected to boost Indian manufacturers' operating margins. Global supply is improving and demand from China rem...
- A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunchIndian refiners expect stable oil supplies despite renewed West Asia conflict. They believe US President Trump will open alternative routes...
- Oil Price Today (July 16): Crude oil at $86, rises for 4th day as US-Iran attacks continue. What are experts saying?The United States on Wednesday targeted Iran's coastal defence systems and missile sites after reimposing a naval blockade on Iranian ports...
- Strait of Hormuz closure must end within weeks or global economy will suffer, IEA chief warnsGlobal economic headwinds could emerge if Strait of Hormuz disruptions continue for weeks. Financial markets show anxiety over escalating c...
- India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
- Staring down the barrel: India Inc stockpiles ahead of festive seasonTo ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks...
- Russian oil still India's key energy bet despite looming US tariff risksProposed US tariffs on Russian crude imports could inject fresh market volatility. Replacing Russian supply would be difficult due to limit...
- India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
- Oil heads for weekly gain as Middle East supply risks persistOn Friday, oil prices saw a modest increase as they aimed for weekly gains. Renewed hostilities between the US and Iran have severely limit...
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