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3 mins read

Reliance Industries topples IOC to become India's largest company

State-owned Oil and Natural Gas Corporation (ONGC) was ranked third, same as in 2018. It was fo…

PTI   


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3 mins read

A London-based trading house bought 250,000 barrels of oil during the historic plunge below $0, and likely made a fortune

The Commodity Futures Trading Commission warned on Wednesday that the West Texas Intermediate for d…

Saloni Sardana   


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2 mins read

Elon Musk's wealth surges by $30 billion after Tesla stock jumps on record 4th quarter deliveries

The Tesla CEO's fortune now stands at $304 billion, after the electric-car maker's stock closed up …

Shalini Nagarajan   


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5 mins read

Adani Wilmar’s Angshu Mallick on edible oil prices, rural consumption patterns and outlook for Q2FY23

FMCG major Adani Wilmar announced its quarterly results recently. Its earnings reflect how rural co…

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2 mins read

Adani Wilmar shares surge as Russia declares war on Ukraine, threatening India’s sunflower oil imports

Adani Wilmar shares surged over 4% on the back of the Russia Ukraine crisis spilling into a war, th…

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2 mins read

Biden slams Exxon for 'making more money than God' as Americans pay record gas prices

The president's comments come after another disappointing inflation report that shows record price …

Brent D. Griffiths,Joseph Zeb…   


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4 mins read

Tatas to Ambanis, Adanis and Birlas – fortunes of these high debt companies could change after rate hikes

The Indian corporate sector has been enjoying low interest loans for nearly four years now, but tha…

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2 mins read

Adani Group firm Adani Wilmar to raise ₹4,500 crore via IPO

"The proposed listing of AWL on the stock exchanges will comprise an IPO in the form of fr…

PTI   


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1 min read

Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's

On Wednesday, Tesla's market cap was $436 billion compared to $445 billion for Exxon Mobil.

Brian Evans   


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2 mins read

A hedge fund that made $700 million on its GameStop bet is now after unloved oil and gas stocks

Senvest Management, the hedge fund that made a $700 million profit on GameStop, believes some oil a…

Shalini Nagarajan   


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3 mins read

A top oil analyst explains Europe’s new fuel sanctions on Russia and how that impacts global energy markets

Insider's Phil Rosen sits down with Matt Smith, lead oil analyst at Kpler, ahead of the new EU ban …

Phil Rosen   


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7 mins read

Van life doesn't have to cost a fortune here's how we made our van livable in under a week for less than $1,000

Van builds can cost tens of thousands of dollars, but all you really need in a van is a bed, storag…

Kelsey Vlamis   


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2 mins read

Why Russian oil sanctions rattle America's energy markets, even though the US is the biggest producer

While the US is now a net producer and net exporter of energy, prices for those commodities are set…

Dominick Reuter   


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8 mins read

Here’s why the maker of Sundrop Oil and Act II popcorn is undeterred by high inflation and changing consumer sentiment in the FMCG category

On general inflation and consumer sentiment, we stand to benefit purely by virtue of our value off…

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1 min read

US oil giants Exxon and Chevron are poised to reap $100 billion total profit bonanza from Russia's war on Ukraine

Exxon is expected to rake in more than $56 billion in yearly profits while Chevron is projected to …

Zahra Tayeb   


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1 min read

Big American shale producers are reportedly selling oil at a loss despite soaring crude prices

Nearly a third of US oil output is being sold at $55 a barrel, and some especially unlucky producer…

Ethan Wu   


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2 mins read

Russia's former chief prosecutor says oligarch Roman Abramovich amassed his fortune through a 'fraudulent scheme'

Abramovich was formally sanctioned by the British government last week for receiving "preferential …

Azmi Haroun   


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1 min read

A New York oil dynasty falls victim to Sam Bankman-Fried's FTX - after suffering big losses from Bernie Madoff and Enron

Two companies linked to the Belfer family had a combined stake in FTX Group that was valued at $34.…

Brian Evans   


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1 min read

Recent list of Fortune 500 has seven Indian firms in it

State-run firm ONGC was included in the list last year but has moved out of the list for this year,…

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4 mins read

Swap that tanning oil for sunscreen tanning isn't cool anymore, according to beauty influencers

Beauty influencers want you to ditch the tanning oil for SPF this summer as trendy sunscreens like …

Hannah Towey