Crude Oil Supply
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No Fuel Price Hike In 4 Years, India Has Adequate Stocks: Hardeep Puri
"Let me tell you categorically, we have no supply side problems. The country has more than enough stocks of crude oil, LNG and LPG," he said.
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Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
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Gasoline Costs 50% More In The US Than It Did Before Iran War
The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of the past two months.
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Haj Airfares Hiked By Rs 10,000 Over Jet Fuel Costs, Opposition Protests
The government has defended the hike by pointing to fighting in the Middle East - the US and Israel's war on Iran - that has choked crude oil supply worldwide, and noting the increase has been capped at "just $100" after intense talks.
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Opinion | Can Saudi Arabia, Now Alone At The Top, Manage To Keep Oil Stable?
With the UAE's exit, Saudi Arabia will remain the only swing producer with sufficient spare capacity to exert market influence and respond to supply shocks. This will constrain the grouping's leveraging power.
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PIB Fact Check Debunks Social Media Posts Citing Petrol, Diesel Price Hikes
New Delhi, April 29 (IANS) The fact-checking unit of the Press Information Bureau (PIB) on Wednesday dismissed as fake a viral message claiming that petrol and diesel prices have been hiked by up to Rs 12.50 per litre.
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UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
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US Blockade Chokes Iran Oil Trade, Vessels Pile Up Near Chabahar Port
Some 155 million barrels of Iranian crude are either in transit or floating storage all over the world, according to an estimate from Vortexa Ltd.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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Donald Trump Weighs Shipping Waiver Renewal To Ease Oil, Gas Prices
Global energy prices have risen substantially in the past two months, with Brent crude, the international benchmark, climbing nearly 36 per cent.
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'Vibes All the Way Down': Iran's Jibe At Safe-Haven Tag For US Bonds
Treasuries are priced mostly on market psychology, not something as tangible as barrels of oil, said Iran's Parliament Speaker.
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How An Indian Amla Tree Gave The Strait Of Malacca Its Name
An Indian amla tree, centuries ago, lent its name to one of the world's most important waterways, the Strait of Malacca
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Chevron Executive Advises Americans To 'Drive Less' Amid Rising Oil Prices
Chevron's president of downstream, midstream, and chemicals. Andy Walz advises Americans to drive less amid rising oil prices.
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The Malacca Gambit: How China Oil-Choke Strategy Could Backfire On Trump
"Trump is weaponising oil chokepoints from Venezuela to Malacca to pressure China, but Beijing's pipelines, reserves, and shadow fleets mean the real test is which side dares escalate further."
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Explained: US Move To Choke Iran Oil Exports And Impact On World Supply
The US said on Monday that unauthorised vessels entering or leaving the blockade would face "interception, diversion, and capture".
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No Fuel Price Hike In 4 Years, India Has Adequate Stocks: Hardeep Puri
"Let me tell you categorically, we have no supply side problems. The country has more than enough stocks of crude oil, LNG and LPG," he said.
-
Iran War: China's Invisible Hand Is Rebalancing The Oil Market
Today, China has nearly 1.4 billion barrels in its reserves, well above the 400 million of the US and Japan's 260 million.
-
Gasoline Costs 50% More In The US Than It Did Before Iran War
The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of the past two months.
-
Haj Airfares Hiked By Rs 10,000 Over Jet Fuel Costs, Opposition Protests
The government has defended the hike by pointing to fighting in the Middle East - the US and Israel's war on Iran - that has choked crude oil supply worldwide, and noting the increase has been capped at "just $100" after intense talks.
-
Opinion | Can Saudi Arabia, Now Alone At The Top, Manage To Keep Oil Stable?
With the UAE's exit, Saudi Arabia will remain the only swing producer with sufficient spare capacity to exert market influence and respond to supply shocks. This will constrain the grouping's leveraging power.
-
PIB Fact Check Debunks Social Media Posts Citing Petrol, Diesel Price Hikes
New Delhi, April 29 (IANS) The fact-checking unit of the Press Information Bureau (PIB) on Wednesday dismissed as fake a viral message claiming that petrol and diesel prices have been hiked by up to Rs 12.50 per litre.
-
UAE Quits OPEC: What It Means For India's Oil Prices, Fuel Bills
Being able to deal with the UAE as a separate seller should give Indian refineries the chance to re-adjust risk levels and pricing, particularly if some volume of crude is routed via overland pipelines to bypass the Hormuz blockade.
-
US Blockade Chokes Iran Oil Trade, Vessels Pile Up Near Chabahar Port
Some 155 million barrels of Iranian crude are either in transit or floating storage all over the world, according to an estimate from Vortexa Ltd.
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
Donald Trump Weighs Shipping Waiver Renewal To Ease Oil, Gas Prices
Global energy prices have risen substantially in the past two months, with Brent crude, the international benchmark, climbing nearly 36 per cent.
-
'Vibes All the Way Down': Iran's Jibe At Safe-Haven Tag For US Bonds
Treasuries are priced mostly on market psychology, not something as tangible as barrels of oil, said Iran's Parliament Speaker.
-
How An Indian Amla Tree Gave The Strait Of Malacca Its Name
An Indian amla tree, centuries ago, lent its name to one of the world's most important waterways, the Strait of Malacca
-
Chevron Executive Advises Americans To 'Drive Less' Amid Rising Oil Prices
Chevron's president of downstream, midstream, and chemicals. Andy Walz advises Americans to drive less amid rising oil prices.
-
The Malacca Gambit: How China Oil-Choke Strategy Could Backfire On Trump
"Trump is weaponising oil chokepoints from Venezuela to Malacca to pressure China, but Beijing's pipelines, reserves, and shadow fleets mean the real test is which side dares escalate further."
-
Explained: US Move To Choke Iran Oil Exports And Impact On World Supply
The US said on Monday that unauthorised vessels entering or leaving the blockade would face "interception, diversion, and capture".
