oil
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Trends
Oil slips 2% on growing angst over delayed OPEC+ meeting
Oil slips 2% on growing angst over delayed OPEC+ meeting The 2% dip in oil prices on Thursday was largely…
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Trends
Reliance Reverts to Oil Indexation, Seeks Buyers for 4 MMSCMD 2023
Reliance Reverts to Oil Indexation, Seeks Buyers for 4 MMSCMD 2023 Reliance Industries Limited, one of India’s largest conglomerates, has…
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Trends
India’s Oil Dependency on Venezuela 2023
India’s Oil Dependency on Venezuela 2023 India’s dependence on crude oil imports to meet its energy needs is a well-known…
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Trends
India slashes windfall tax on petroleum crude, ATF, and diesel
India slashes windfall tax on petroleum crude, ATF, and diesel India’s recent announcement of a significant reduction in the windfall…
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Trends
OMC’s FY24 Capital Infusion Plan Scaled Back
OMC’s FY24 Capital Infusion Plan Scaled Back In FY24, Oil Marketing Companies (OMCs) in India had initially planned a significant…
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Trends
The Israel-Gaza Conflict Could Potentially Disrupt Global Oil Prices And Supply Chain Including India
The ongoing Israel-Gaza conflict has sent shockwaves through global oil markets, raising concerns about potential disruptions in the supply chain…
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Trends
Exxon Mobil to Acquire Pioneer Natural Resources in $60 Billion Stock Deal, Solidifying Dominance in Largest US Oilfield
The impending acquisition of Pioneer Natural Resources by Exxon Mobil, a groundbreaking $60 billion stock deal, is poised to reshape…
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Trends
Egypt weighs impact of Israel gas-field halt on LNG exports
Egypt weighs impact of Israel gas-field halt on LNG exports Egypt is currently assessing the impact of a production halt…
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Trends
Oil Price Surge Fuels Inflation Concerns 2023
Oil Price Surge Fuels Inflation Concerns 2023 The global economy has witnessed a renewed surge in oil prices, a phenomenon…
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Trends
Cooling crude prices brings respite to OMC stocks; IOC, BPCL, HPCL rally up to 4%
Cooling crude prices brings respite to OMC stocks; IOC, BPCL, HPCL rally up to 4% On October 5, there was…
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