‘Enough supply in global market’: Puri assures stable crude flow despite disruptions
Union minister Hardeep Singh Puri stated that sufficient crude oil is available globally, with India’s refining capacity poised to reach third position. India imports crude ...
No oil from Russia soon? Trump sanctions to hit India’s crude imports; ‘all but impossible for flows to continue’
New US sanctions on major Russian oil firms Rosneft and Lukoil are likely to lead India to halt crude oil procurement from Russia, which constituted ...
Donald Trump’s claim on Russian crude oil: Will India stop buying it? Here’s what’s happening
India’s Ministry of External Affairs denied knowledge of a call where PM Modi allegedly assured US President Trump of stopping Russian crude purchases. While India ...
Crude oil: Opec+ to raise production by 137,000 bpd from November; group stays cautious amid supply glut fears
Opec+ members, including Saudi Arabia and Russia, decided to raise oil production quotas by 137,000 barrels per day for November. This move aims to reclaim ...
US market today: Wall street rebounds after 1 week of losses; tech and pharma stocks gain
US stocks opened higher, recovering some losses, driven by corporate news like Electronic Arts’ $55 billion buyout. Investors are closely monitoring a potential government shutdown, ...
Asian shares take a breather: Japanese Yen weakens sharply; Brent and WTI crude prices fall after overnight spike
Navigating the Shifting Tides of Asian Markets: Yen Weakness and Crude Oil Fluctuations Asian markets are a complex dance of economic indicators, geopolitical undercurrents, and ...
Stock market: Global cues, inflation data in focus this week; crude & rupee to guide sentiment
Indian stock market sentiment this week hinges on global cues, foreign investment, and inflation data. Analysts anticipate a cautiously optimistic opening, focusing on consumption and ...
Asian stocks firm; Wall Street rally boosts sentiment; crude oil slips on trade worries
Asian markets are near a four-year high, buoyed by Wall Street’s record close and optimism about corporate earnings. Investors are closely monitoring global trade developments, ...
Crude oil price to slump? Prices set for biggest weekly drop since March 2023; supply risk premium from Israel-Iran conflict fades
Oil prices are set for their largest weekly decline since March 2023 as concerns about supply disruptions from the Iran-Israel conflict have diminished. Despite a ...
Israel-Iran tensions: India has adequate energy supplies, says Union minister Puri amid rising crude prices; citing energy strategy trilemma
Following the recent surge in global crude prices due to escalating tensions in the Middle East, Petroleum Minister Hardeep Singh Puri has assured that India ...
