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SHIPPING COSTS DECLINE
‘Ocean freight rates will come down eventually, we have seen this before’: DP World COOGlobal ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerout...- AI rout, energy costs add to fears of slowing global growthGlobal markets face mounting pressure from persistent inflation, rising borrowing costs and concerns over slowing economic growth. Elevated...
- Asia fuel oil benchmarks slump as market prices in potential Iran war de-escalationAsian fuel oil benchmark prices underwent a steep decline this week, driven by expectations of heightened supplies from the Middle East. Th...
- Iran war, doubling fuel prices knock 66% off Emirates' first-half profitEmirates Group's first-half net profit plunged 66% to $1 billion as the Iran war disrupted flights across the Gulf and doubled jet fuel pri...
- US oil prices crash below $90 as JD Vance blames Iran War for GOP election loss: WTI falls to $88.92, Brent drops to $94.82, but will gas prices follow?Why did oil price crash below $90 today? US oil prices fell sharply after midterm election results indicated Democratic control of Congress...
- US Midterm Elections: Reasons why Republicans lost Ground far beyond swing states. Warning signs were at the gas pump and grocery storeDemocrats won control of Congress in the 2026 midterms, putting Donald Trump on the defensive. Voters’ frustration over prices and the Iran...
- Iranian officials gloat as US voters deal blow to Donald TrumpIran's leaders praised the midterm election results in the US, interpreting them as a rejection of Trump's wartime decisions. The Democrati...
- MRPL boosts delivered oil buying as Iran war raises shipping risksMangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping...
- Glittering Prospects: Why Gold is the ultimate sweet spot this DhanterasGold is trading over 20% below its peak ahead of Dhanteras, offering long-term investors a potential staggered buying opportunity. Central-...
- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities rallied nearly 2%, with Sensex gaining 1,225 points and Nifty rising 370 points. Falling crude prices, renewed FII buying, ...
- India weighs new oil manoeuvre as old routes get jammedThe West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from be...
- Oil Price Today (November 2): Crude oil falls to $111 as Iran-Qatar talks continue to end war. What are experts saying?Crude oil price : Oil prices have plummeted dramatically, impacting Brent and WTI crude significantly. As Iranian and Qatari officials enga...
- Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen ...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Bank lending rises as corporate bond fundraising falls amid higher yields: Finance MinistryBank lending witnessed a significant surge during April-August FY27, contributing to financial resources for businesses. Non-food bank cred...
- MV Odyssey world cruise suspended in Cambodia as Iran war pushes fuel costs to $8,000 per cabinThe MV Odyssey is currently docked in Sihanoukville after suspending its voyage due to increased fuel costs. The operator, Villa Vie Reside...
- 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 ...
- China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
- How Australia built world’s biggest battery-powered ferryThe electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-frie...
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