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OIL SUPPLY DISRUPTIONS
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...31 Oct, 2026, 02.37 PM IST- 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...31 Oct, 2026, 10.19 AM IST
- EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...31 Oct, 2026, 07.32 AM IST
- Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...30 Oct, 2026, 09.06 PM IST
- Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressureIn response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...30 Oct, 2026, 08.34 PM IST
- 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 ...30 Oct, 2026, 07.50 AM IST
- Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...30 Oct, 2026, 07.16 AM IST
- Why is Adani betting $3.4 billion on global energy trade chaos?Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape ...29 Oct, 2026, 02.33 PM IST
- '2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection pointChief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mention...29 Oct, 2026, 12.13 PM IST
- 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...29 Oct, 2026, 07.31 AM IST
- Adnoc tells clients new Hormuz bypass pipe to start early 2027Abu Dhabi National Oil Co. has informed Asian refiners about future crude supply via a new pipeline. The pipeline aims to circumvent the st...29 Oct, 2026, 12.52 AM IST
- World Bank sees commodity prices surging 23% in 2026 on Middle East warCommodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions ...28 Oct, 2026, 11.05 PM IST
- World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%Global commodity prices are projected to rise significantly in 2026, driven by conflict in the Middle East and supply disruptions. Energy p...28 Oct, 2026, 07.58 PM IST
- 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...28 Oct, 2026, 07.52 AM IST
- Oil Price Today (October 27): Crude oil below $115 amid peace talk hopes but attacks continue. What are experts saying?Crude oil price : Oil prices have experienced a decline as diplomatic discussions aimed at easing tensions have taken place. Brent crude fu...27 Oct, 2026, 08.08 AM IST
- Oil Price Today (October 26): Crude oil at $115, retreats from 6-month high despite lingering concerns. What are experts saying?US crude futures declined $1.82, or 2%, to $101.48 a barrel, while Brent crude futures dropped $1.50, or 1.72%, to $115 a barrel. Both benc...26 Oct, 2026, 07.58 AM IST
- Saudi Arabia to store crude oil in Singapore from second half of 2027Saudi Arabia has announced its intention to store crude oil in Singapore's Jurong Rock Caverns by 2027. This arrangement will enhance the r...26 Oct, 2026, 07.34 AM IST
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