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Global energy outlook will shift once Trump returns to White House: Report

Trump's win in the US presidential election may shift the global energy outlook in response to anti…

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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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Duty hike on crude, refined oils to hugely benefit farmers: Official

The government official also said that the decision to remove minimum export price and slashing of …

PTI   


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2 of the world's biggest oil producers are looking for new ways to power their economies

The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.

Huileng Tan   


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The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries

US crude production notched a new monthly record in August. That's not necessarily welcome news to …

Filip De Mott   


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Sugar stocks soar as govt permits use of sugar in ethanol production; Triveni Engineering, Dhampur Sugar rally over 7%

In December 2023, the government prohibited the use of sugarcane juice or sugar syrup for ethanol p…

PTI   


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India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA

India, the world's third biggest oil importer and consumer, will in the second half of the decade b…

PTI   


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Macroeconomic data, global trends, Q1 earnings to drive market sentiments this week: Analysts

Besides, trading activity of foreign investors would also be a crucial factor in dictating movement…

PTI   


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Reliance to commission first solar giga-factory in FY25

In its largest annual report, the firm said it is targeting to commission the first train of 20GW s…

PTI   


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Capitalising on India's energy revolution: A guide for smart investors

Early investment in transformative trends often yields the highest returns, as seen with the rise o…

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Rupee falls 9 paise to 83.43 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.39 and lost further groun…

PTI   


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India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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Russia's oil and gas revenue is reportedly set to boom 50% this month

Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.

Jennifer Sor   


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Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts

Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates…

PTI   


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The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says

Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…

Jennifer Sor   


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One type of Ukrainian drone is responsible for 80% of successful strikes on Russian oil refineries: report

Ukraine's Liutyi drone had an inauspicious start but is now behind 80% of successful strikes on Rus…

Mia Jankowicz   


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Ukrainian attacks on Russian oil refineries may be proving the Biden administration wrong, experts say

Defense Secretary Lloyd Austin said in April that attacking Russian oil refineries risked impacting…

Nathan Rennolds   


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Gandhar Oil Refinery IPO subscribed 64x as QIBs rush in

The ₹500.69 crore initial public offer (IPO) of Gandhar Oil Refinery was subscribed 5.5 times on th…

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Windfall profit tax on crude oil hiked, levy on export of diesel cut

In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel…

PTI   


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India's vegetable oils import up 16% in 2022-23 oil year

India's vegetable oils import rose 16% to 167.1 lakh tonnes in the current oil year that ended in O…

PTI