The recent strikes on Gulf energy facilities have ignited a crude oil price rally, poised to deliver substantial profits to upstream oil companies and service providers. Downstream refineries and consumers, …
India oil imports
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Tensions in the Middle East boiled over into energy markets Thursday, as attacks on vital oil and gas facilities propelled crude prices upward by over 4 percent. Brent crude for …
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Geopolitical fireworks in the Middle East have triggered a bold move by India: a sharp increase in Russian crude imports. Tankers that set sail for China are now docking in …
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In a move that sent shockwaves through energy markets, crude oil benchmarks soared on Tuesday, with Brent crude climbing 2.81% to $103.03 per barrel and WTI advancing 2.80% to $95.03. …
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The Strait of Hormuz, a narrow waterway linking the Persian Gulf to the open seas, is choking under escalating Middle East strife. This chokepoint carries one-fifth of global oil trade, …
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In a pointed attack on Congress leadership, BJP parliamentarian Jagdambika Pal declared that petrol and gas supplies across India are completely normal, dismissing opposition narratives as fear-mongering. Speaking from Siddharthnagar, …
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In a timely clarification, Maharashtra Home Minister Yogesh Kadam addressed rising concerns over LPG availability following the Centre’s order to suspend commercial gas supplies. He assured the public that domestic …
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Global oil prices reversed course dramatically on Friday, shedding gains accumulated over the past week following the ignition of Israel-Iran hostilities. The surge had pushed crude up over 15%, but …
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US Energy Secretary Chris Wright dropped a significant disclosure on March 6: America has reached out to India to snap up Russian oil floating in tankers near South Asia. This …
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Tensions in the Middle East have ignited a crude oil price surge, with Brent crude crossing $83 per barrel on Thursday after a more-than-2% rally. Iran’s decision to shutter the …