Oil Shocks

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  A $100 Billion Deficit Gap: Rupee Reels Under Global Oil Shock, RBI Swap Not Enough — Warns UBS Expert

  If India's imported crude oil basket averages around $100 per barrel, the country's CAD is projected to widen to 2.5% of GDP in FY27. ''This scenario would require roughly $100 billion in capital inflows to fund the deficit,'' she said.

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  Fuel Prices Up, Salaries Cut: Energy Shock To Pakistan Amid Iran War

  Pakistan's PM Shehbaz Sharif on Monday announced a sweeping austerity and energy-saving plan, saying the steps were necessary as the country confronts a global fuel crisis triggered by the ongoing conflict involving the US, Israel and Iran.

• Asia is Most Vulnerable to Mideast Oil Supply Shock: Report

  Asia's growing dependence on Middle Eastern oil has amplified the risks it faces if the Strait of Hormuz is suddenly shut, making it more vulnerable to such a disruption than other regions, U.K. think-tank Chatham House said on Wednesday.

• How the U.S. Strategic Petroleum Reserve Works: QuickTake

  The price of crude oil have been rising due the collapse of Venezuela’s oil industry and disruptions in Libya.

• The Oil Shock That Never Was: How Shortage Warnings Missed the Mark

  Investment in oil and gas production collapsed by about $350 billion, or more than 40 percent, from 2014 to 2016.

• Markets Know a Hollow Threat When They See It

  Saudi Arabia’s veiled warning about using crude oil as a weapon leads market commentary.

• Saudis Reignite Memories of Oil's 1970s Trauma

  Saudi Arabia, the world’s biggest exporter could deploy its “oil weapon” – by cutting supplies to the U.S.

• A Whiff of Rotten Eggs May Augur an Oil Shock

  Sulfur is quietly roiling the energy industry.

• This Is What an Oil Shock Looks Like

  If it looks like a duck and quacks like a duck, it’s probably a duck. And this duck looks a lot like an oil shock.

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  Fears Persist over Nigeria Election with One Week to Go

  Campaigning in Nigeria's knife-edge Presidential Election entered its final week today, with mounting questions about whether the vote will even go ahead and persistent security fears.

• Asia is Most Vulnerable to Mideast Oil Supply Shock: Report

  Asia's growing dependence on Middle Eastern oil has amplified the risks it faces if the Strait of Hormuz is suddenly shut, making it more vulnerable to such a disruption than other regions, U.K. think-tank Chatham House said on Wednesday.

• Crude shock may impede India's growth: Care Ratings

  If oil prices continue to rise, India will be impacted by higher inflation, trade deficit, said the report.