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India's oil demand is projected to surge by a million barrels per day over the next five years, becoming the primary driver of global demand growth, fueled by a rapidly expanding middle class, ...
Another area of concern is the rupee. A weaker rupee would increase import costs if crude oil prices rise. This is where the ...
IEA stated that global oil demand is expected to increase by 2.5 million bpd by 2030, reaching around 105.5 million bpd.
Brent crude has jumped 9% in a week. Analysts fear it could hit $150/barrel if the conflict escalates Israeli strikes on Iran ...
Former Foreign Secretary Shashank noted that while India would eventually have to seek alternative routes and sources for ...
IEA forecast India's demand for crude oil, which is converted into fuels like petrol and diesel in refineries, to rise from 5.64 million bpd in 2024 to 6.66 million bpd in 2030.
Concerns remain over potential closing of the Strait of Hormuz; continued escalation could hit crude oil, global trade ...
By Ka Sing Chan HONG KONG, June 17 (Reuters Breakingviews) - Beijing has far more at stake in Iran besides just oil. China ...
Sensex and Nifty fell due to rising geopolitical tensions and crude oil prices. IT sector gained while pharma faced ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
As the Israel-Iran war enters its fifth day, Prime Minister Netanyahu warns that Iran is pushing Israel to the nuclear brink. We revisit his insights on fighting terrorism and strengthening ...
Iran’s threat to shut Homruz comes as a vessel crashed into two ships sailing nearby, 22 nautical miles east of Khor Fakkan ...