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2 mins read

US stock trade mixed as key bond yields near 5% and oil spikes again on Middle East conflict fears

Turmoil in the Mideast pushed crude oil prices higher, while Wall Street's bond market sell-off has…

Phil Rosen   


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4 mins read

Election euphoria to guide Dalal Street ahead of soft Q2 earnings

India Inc might see a softer earnings season ahead in the second quarter, with vagaries like uneven…

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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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An investment firm that made big bets on the US shale boom is courting investors for clean energy SPACs

Riverstone's most successful past deals have been in oil and gas - and some of its previous clean-e…

Ethan Wu   


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5 mins read

Vision 2030 is Saudi Arabia's grand plan to future-proof its oil-based economy. Experts say it's a huge risk.

Vision 2030 is Saudi Arabia's hugely ambitious scheme to reduce its reliance on oil exports and tra…

Hasan Chowdhury   


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4 mins read

Oil wipes out most of its pandemic losses and hits its highest since March, as a vaccine rollout turns traders bullish on 2021

"An oil demand rebound in 2021 is now a certainty and markets are not waiting to price it in," SEB …

Amanda Cooper   


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3 mins read

Cooking oil prices drop - soaps, noodles and detergents might follow suit

One of India’s top FMCG companies, Adani Wilmar reduced the prices of one of the priciest of grocer…

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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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5 mins read

Power Line: Why historic OPEC cuts aren't enough to rescue the oil industry, and the energy startups Bill Gates is betting on

This week in Power Line, we explain why historic production cuts won't rescue the oil industry, and…

Benji Jones   


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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

Global stocks mixed as analysts anticipate another 'snooze-fest' ahead of July Fed meeting and Big Tech earnings

Tech giants Apple, Amazon, Microsoft, and Alphabet will all release quarterly earnings reports late…

George Glover   


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4 mins read

Saloni Sardana   


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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

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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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   


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3 mins read

Rally in Adani Group companies not only made Gautam Adani India’s richest man, but also made a fortune for its investors

Billionaire Gautam Adani-owned Adani Group companies have been making a fortune for its investors i…

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2 mins read

Warren Buffett's Berkshire Hathaway just piled another $350 million into Occidental stock - and now owns nearly 21% of the oil giant

Buffett's company has plowed about $10 billion into the oil-and-gas company in the space of 35 trad…

Theron Mohamed   


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1 min read

The world's 10 richest people including Elon Musk and Jeff Bezos lost $250 billion in the first half of this year

The world's richest individuals suffer big falls in their net wealth as measured by the Bloomberg B…

Ryan Hogg   


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2 mins read

'Rich Dad Poor Dad' author Robert Kiyosaki touts canned tuna as the best investment today — as gold, silver, and bitcoin aren't edible

The personal-finance guru warned soaring inflation could lead to starvation, and people can eat can…

Theron Mohamed