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2 mins read

Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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Billionaire 'Bond King' Bill Gross explains why oil and gas pipelines are his top investment even as AI fervor swirls

"It's been wonderful — it's been almost as good as AI," Bill Gross said about the returns he's gott…

Filip De Mott   


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6 mins read

Earning forecasts for Q4 FY24: Healthcare and cement companies to shine

In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…

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ONGC declares highest ever standalone profit in FY24

The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oi…

ANI   


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India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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Russia saw its oil revenue double in April despite Western sanctions

Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…

Yuheng Zhan   


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3 mins read

The United Arab Emirates pursued nearly $100 billion worth of oil and gas deals the same year it led the global climate summit, analysis finds

The UAE closed more than a dozen deals to expand its oil and gas footprint at home and overseas, an…

Catherine Boudreau   


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The oil and gas industry is undergoing its biggest-ever consolidation

Upstream merger and acquisition activity hit $144 billion in the fourth quarter alone and $190 bill…

Filip De Mott   


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Russia's military is so hard up for manpower that it now pays more than the oil and gas sector

Russia is a major energy producer, and the industry's robust revenues have kept Moscow's war chest …

Huileng Tan   


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Oil and natural gas prices could spike 40% this year if war spreads across the Middle East, economist says

If tensions in the Middle East spiral out of control it would slow global growth and limit trade vo…

Filip De Mott   


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Spiking oil prices helped Russia energy-tax revenue double last month

The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…

Filip De Mott   


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Russia's April oil and gas revenue could double despite Ukraine hammering its oilfields with drones, report says

Reuters projected Russian oil and gas revenue for April to come in at 1.292 trillion rubles, up fro…

Cameron Manley   


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Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says

Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…

Filip De Mott   


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Indian refineries are completely refusing oil from a key Russian shipping giant

Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …

Filip De Mott   


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Nifty, Sensex continue upward trend; Mid and small caps see 1% surge

Indian markets continued their bull run during Wednesday's session. The Nifty touched an all-time h…

ANI   


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Amid market volatility, Sensex and Nifty close flat; Construction, automobile and PSU banks outperform

The stock market closed flat on Tuesday amid volatility. The benchmark index, Sensex, ended 33.48 p…

ANI   


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Putin backs OPEC production cuts but warns of losing oil-market share to the US

Putin backed the production cuts, but said the output is dropping "while it grows in other countrie…

Yuheng Zhan   


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3 mins read

A wave of M&A means the US oil-production boom may be over

Public and private firms have very different financial priorities. For the US oil industry this yea…

Aruni Soni   


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Stock market today: S&P 500 closes at record high as rate cut hopes rise and Nvidia surges

Investors took in an improved outlook for Fed rate cuts, sending the S&P 500 to a fresh record.

Jennifer Sor   


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Stock market revives and surges by over 3%, closes above last Friday's high

Indian stock markets experienced a significant surge of over 3 percent by the closing session on We…

ANI