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STRATEGIC RESERVES
Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...
Rising global bond yields, FCNR-B inflows and SEBI's CAS to shape market dynamics: HDFC Securities CEO Dhiraj RelliIndia is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challeng...
US oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies, officials sayNorth American Blue Energy Partners will acquire Venezuelan oilfields from Chinese and Russian companies. This move follows a significant o...
Hotel contracts getting more ‘even’ as owners negotiate harder on performance benchmarksHotel contracts in India are evolving as chains expand their local portfolios significantly. Owners now negotiate more explicitly on perfor...
Xi visits Egypt as China seeks deeper influence across the MideastChinese President Xi Jinping’s Egypt visit is deepening Beijing’s ties with a key US ally while advancing China’s bid for greater Middle Ea...
Refinery to the world: Energy expert Anas Alhajji on India's surprising fuel advantageFollowing a critical oil crisis, India has surfaced as a pivotal fuel supplier. Refineries reached peak performance, promoting export expan...
Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
Sun Pharma among 9 pharmaceutical firms to lower drug prices for Americans, Trump saysNine pharmaceutical firms reached deals with the Trump administration for lower drug prices. These agreements expand the total number of co...
ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
Venezuela's interim president says US energy deal will last 25 yearsVenezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...
Trump to replenish US oil reserves with Venezuelan crude; 'topping out' process to begin shortlyDonald Trump announced plans to refill the Strategic Petroleum Reserve. He stated Venezuelan oil would be used for this replenishment effor...
Trump says US inked deal with Venezuela to take control of 65 billion barrels of oil reservesThe United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...
India, Uzbekistan step up strategic ties, seal long-term Uranium dealIndia and Uzbekistan will expand strategic cooperation in digital technology and AI. They will also enhance collaboration in outer space ex...
Oil jumps more than 1% after US attack on Iran's Larak islandBrent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...
What we know about Trump's deal giving US access to vast oil reserves in VenezuelaThe United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...
US to take 35% stake in Venezuelan mogul Betancourt's oil venture: ReportThe US government plans a 35% passive stake in Alejandro Betancourt's energy company. It also seeks preferential rights to purchase 20% of ...
RBI plans buyback of Rs 30,000 crore G-SecsThe Reserve Bank of India has announced a buyback of government securities amounting to Rs 30,000 crore, targeting those set to mature in t...
Trump administration weighs US ownership stake in Venezuela’s vast oil reserves: ReportThe Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...
Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
Oil prices steady as investors weigh impact of expanded US sanctions against IranOn Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...