‘India, China scaling back Russian oil imports at Trump’s request,’ claims US – watch
White House press secretary Karoline Leavitt stated that India has reduced Russian oil imports at President Trump’s request, with China also scaling back purchases. Trump ...
Global oil prices: Trump’s sanctions on Russian firms trigger sharp rise; Brent crude futures soar nearly 5%
US sanctions on Russia’s top oil companies, Lukoil and Rosneft, triggered a sharp rise in oil prices. This, coupled with robust US energy demand and ...
S&P Global warns! Taking out Russian oil would turn price dynamics ‘upside down’; Trump tariffs driving India to economic independence
S&P Global forecasts oil prices dropping to $55-60 a barrel next year, though removing Russian oil could fundamentally alter market dynamics. Surprisingly, high US tariffs ...
Asian stocks advance as yen weakens; oil prices edge higher after Opec+ move
Asian markets saw a positive start to the week, led by Tokyo’s surge following Prime Minister Ishiba’s resignation, which weakened the yen and boosted exporters. ...
Asian stocks rebound as tech fuels gains; oil climbs as Ukraine targets Russian refineries
Asian stocks saw modest gains, fueled by a tech and AI rebound, with Alibaba’s surge boosting emerging markets. Oil prices climbed due to concerns over ...
Over 20% of Russia’s war-period crude exports! India bought about Rs 13.39 lakh crore in Russian oil; trails China’s Rs 193 billion
Since early 2022, India’s Russian oil purchases have reached ₹132 billion, constituting 20% of Russia’s oil export earnings. While China leads in overall fossil fuel ...
OPEC+ to raise oil production by 547,000 bpd; move aimed at reclaiming market share
The Voluntary Eight (V8) members of OPEC+ have agreed to increase oil production by 547,000 barrels per day starting September 2025, aiming to regain market ...
Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise
Exxon Mobil and Chevron saw profits decline. This was their lowest in four years. Lower energy prices and increased OPEC+ oil supply impacted revenue. However, ...
Asian markets steady; yen holds firm after Japan vote setback; oil prices edges higher
Asian stocks remained stable as investors awaited tech earnings, brushing aside Japan’s election impact. US futures edged up amid trade deal hopes and speculation about ...
Currency watch: Rupee rises 16 paise to 85.76 against dollar; crude oil slide & weak greenback lift sentiment
The rupee strengthened to 85.76 against the US dollar, buoyed by a weaker dollar and lower crude oil prices. Gains were capped by persistent foreign ...
