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REFINERY BUSINESS
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...- China's oil imports have plunged during the Iran war. How much will they recover?China's oil imports have significantly decreased since April. This reduction has kept global prices stable and freed up supply. Analysts ar...
- Reliance Industries shares jump 2% ahead of Mukesh Ambani-led company’s Q1 earnings. How to trade stock today?Reliance Industries will announce its June quarter results today, with investors watching share price movements. Analysts anticipate steady...
- Q1 Results today: Reliance Industries, JSW Steel among 33 companies announcing June quarter earnings. What to expect?Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks are scheduled to release their April...
- RIL investors lose Rs 3.5 lakh crore this year. Can Q1 earnings bring the stock back to life?Reliance Industries investors have lost significant wealth this year. The company's stock has faced pressure due to various business segmen...
- Investors are watching Jio but Mukesh Ambani-led RIL’s Q1 surprise may come from refiningReliance Industries' upcoming first-quarter earnings may depend on refining gains. Jio's steady expansion is expected to provide a stable g...
- RIL Q1 preview: Will strong O2C performance drive overall earnings growth?Reliance Industries is expected to post a steady June-quarter (Q1) performance, with brokerages projecting consolidated EBITDA growth of 4–...
- Kremlin says Russian economy's difficulties are not criticalThe Kremlin states Russian economic difficulties are not critical and remain stable. Corporate sentiment sharply deteriorated in July, reac...
- Global Market Today: Asian stocks rise after soft US CPI, Kospi ralliesAsian shares advanced as softer US inflation data eased rate hike concerns. The artificial intelligence trade gained renewed strength, boos...
- Quote of the day by John D Rockefeller: 'Save when you can and not when...' Life lessons from inspiring quote on proactive saving, reactive panic, emergency fund, consistent investments and financial disciplineQuote of the day by John D Rockefeller highlights the importance of saving money before financial problems arise instead of waiting until a...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It was, probably, not just the Indian markets which took the fresh US-Iran flare-up in its stride. The non-tech part of the US markets also...
- Aditya Birla Group proposes Rs 12,000 crore Odisha alumina refinery expansionAditya Birla Group plans a significant Rs 12,000 crore investment for its Odisha alumina refinery. This expansion will triple the refinery'...
- Time to bet on Nalco, Hindalco, Vedanta Aluminium Metal? Expert says recent weakness could be viewed as accumulation opportunityAluminium prices have seen significant swings this year driven by geopolitical tensions. Demand from key sectors like electric vehicles is ...
- South Korean billionaire's risky bet pays off, as SK Hynix debuts in New YorkSouth Korean billionaire Chey Tae-won's bold acquisition of SK Hynix has paid off significantly. The company is now a leading producer of h...
- South Korean billionaire's risky bet pays off, as SK Hynix debuts in New YorkSouth Korean billionaire Chey Tae-won's bold acquisition of SK Hynix has paid off significantly. The company became a major AI chip produce...
- India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
- Pachpadra refinery: PM Modi blames Congress for delay, Ashok Gehlot calls it 'misleading'After dedicating the country's first greenfield integrated refinery-cum-petrochemical complex to the nation in Rajasthan's Balotra area, Mo...
- Adani-IHC foray may rejig India's aluminium market mixAdani Group is set to disrupt India's aluminium market with an $11.5 billion venture, challenging Hindalco and Vedanta. The project, slated...
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
- Venezuela's largest refinery shutdown after power outage, sources sayVenezuela's largest Amuay refinery, a crucial fuel producer, faced a temporary shutdown due to a power outage following recent deadly earth...
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