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SEABORNE OIL PRODUCTS
Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...- Asia's crude oil imports tick up in June but uncertainty reignsAsia's crude oil imports saw a slight June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipmen...
- Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
- Oil market calm masks a host of unknownsGlobal oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...
- Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
- India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
- Commodity upcycle: Why copper and aluminium could explode in coming quarters. Should Indians invest?As the precious metals rally matures, market attention is shifting towards industrial commodities like copper and aluminium. Analysts belie...
- Rubio on a rescue mission in India? Here are the high stakesUS Secretary of State Marco Rubio visits India to strengthen ties. The visit addresses trade friction and strategic concerns. The US seeks ...
- China kept building its crude stockpile in April despite Iran crisisChina is accumulating crude oil reserves even as imports decrease. This contrasts with global trends of depleting oil stocks. The nation's ...
- UK allows diesel and jet fuel imports from Russian crude via sanctions carve-outBritain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed a...
- India may negotiate Iran-backed oil corridors as Hormuz recovery looks distant: Moody’sIndia and other nations will seek energy supplies through direct talks. A full return to pre-conflict shipping levels through the Strait of...
- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- Summer flights get costlier worldwide as jet fuel crisis and oil supply disruptions hit airlines hardAir travel may become costlier this summer as airlines face rising fuel prices and supply problems. Many carriers are cutting flights and i...
- Iran juggles oil cuts and storage strain to resist US blockadeTightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...
- Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...
- US indicated it would not ease Russian oil sanctions again, EU's Sefcovic saysEuropean Trade Commissioner Maros Sefcovic discussed U.S. sanctions relief on Russian oil with U.S. Treasury Secretary Scott Bessent. Sefco...
- US oil floods Asia at record levels but still can’t fill the Hormuz gapAmid rising tensions with Iran, America finds itself in a pivotal moment as it channels unprecedented volumes of oil to Asia, following the...
- Is it time to abandon hope the Strait of Hormuz will open soon?The closure of the Strait of Hormuz has thrown global oil markets into turmoil, deepening an energy crisis with far-reaching effects. Asia,...
- Russia’s oil revenues nearly double to $19 billion in March: IEAAccording to the IEA, Russia’s crude oil exports rose by 270,000 barrels per day (bpd) month-on-month to 4.6 million bpd in March.
- Russia's seaborne oil products exports soar 17% in Dec amid higher fuel output, data showsRussia's oil product exports surged in December, showing a 17% increase from November. This rise was fueled by greater output and lower dom...
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