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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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4 mins read

ONGC starts oil production from delayed $5 billion deep-water project

State-owned Oil and Natural Gas Corporation (ONGC) on Monday said it has started oil production fro…

PTI   


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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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1 min read

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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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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ONGC wins bid to acquire PTC's wind power unit for Rs 925 cr

ONGC said it has taken various initiatives for renewable energy power generation and already has…

PTI   


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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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There's a 'renaissance' coming for boring stocks. Here's how investors can position to take advantage, according to BofA.

Value stocks, which have been nearly forgotten as investors chase AI-fueled growth names, are set t…

Matthew Fox   


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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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India can survive the Red Sea crisis, says head of US-India forum

The Red Sea crisis, which has forced shipping vessels to take a longer detour to avoid being hit by…

PTI   


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India imported 420,000 fewer barrels of Russian oil a day in February amid tightening sanctions

Weaker crude exports caused Russia's monthly energy revenue to slide by nearly 1% from January, the…

Filip De Mott   


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Half of Russia's sanctioned oil tankers are now standing idle

Of the 50 tankers sanctioned by the US since October, 21 are now idle, no longer trading Russian cr…

Filip De Mott   


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1 min read

ONGC Videsh incorporates subsidiary in GIFT City

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation, has in…

PTI   


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Sanctions against Russia will last 'for years to come' as the US aims to cut Moscow's oil and gas revenue in half by 2030

Limiting Russia's energy revenue will ensure that Moscow can't rearm for future aggression, Geoffre…

Filip De Mott   


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Billionaire 'Bond King' Bill Gross says a Trump win would be 'disruptive' for markets

A Trump presidency would worsen US fiscal deficits, the billionaire investor and PIMCO co-founder s…

Shubhangi Goel   


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3 mins read

India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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10 million barrels of Russian oil are stuck with nowhere to go

14 cargo tankers are stranded off the coast of South Korea, highlighting Russia's continued struggl…

Filip De Mott   


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Oil prices would double if India didn't trade with Russia, energy minister says

"The world is grateful to India for buying Russia's oil," Indian minister Hardeep Singh Puri told C…

Filip De Mott   


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Some demand for energy in Europe could be 'lost forever' after a terrible year for oil and gas, exec says

Energy demand that has already dwindled may never return, and the sector still faces difficulties i…

Phil Rosen   


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3 mins read

Sensex tumbles over 1,000 points, Nifty falls below 22k amid election uncertainties

Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign…

PTI