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Russia's oil and gas revenue is reportedly set to boom 50% this month
Russia's oil and gas sales are on track to reach $9.4 billion in June, Reuters estimated.
Jennifer Sor
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
Sugar stocks soar as govt permits use of sugar in ethanol production; Triveni Engineering, Dhampur Sugar rally over 7%
In December 2023, the government prohibited the use of sugarcane juice or sugar syrup for ethanol p…
PTI
Markets settle almost flat in volatile trade; Nifty hits lifetime high
After oscillating between highs and lows, the 30-share BSE Sensex eked out a marginal gain of 13…
PTI
US sanctions push a key Turkish oil terminal to halt Russian imports
The Dortyol terminal, operated by Global Terminal Services, decided to "cut all possible connection…
Aruni Soni
The inflation report is great news for the prospect of a rate cut
Cooler June inflation is a win for the Fed, which has been looking for concrete signs that price pr…
Max Adams
Russia will reportedly ban gasoline exports for 6 months to offset 'excessive' demand for crude products
The ban is meant to address rising domestic demand, and comes ahead of the March presidential elect…
Yuheng Zhan
Russia has never been richer after selling $37 billion in oil to India last year
India purchased $37 billion of Russian oil last year. That's 13 times what it bought before the war…
Jennifer Sor
Why the world is barreling towards a 'food war,' according to one commodity trader
"We have fought many wars over oil. We will fight bigger wars over food and water," Olam Agri's CEO…
Filip De Mott
Sensex, Nifty hit fresh record high levels in early trade
Among the 30 Sensex companies, Wipro, Tech Mahindra, Nestle, Titan, HCL Technologies, Bajaj Fin…
PTI
Markets climb in early trade amid buying in Reliance, Tata Consultancy Services
Benchmark equity indices climbed in early trade on Wednesday amid buying in market blue-chip stocks…
PTI
Houthis claim video shows one of its sea drones striking an oil tanker in the Red Sea
Yemen's Houthi rebel group shared a video of what it claimed was a sea drone striking an oil tanker…
Thibault Spirlet
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.
Huileng Tan
Sanctioned Russian oil is reportedly finding its way into the US military's supply chain
One of the US military's key oil suppliers has likely been receiving oil originating from Russia, t…
Jennifer Sor
US reportedly probes oil tanker firms about possible Russia sanctions violations
The move marks the biggest step of its kind since price caps were imposed on Russian crude, accordi…
Aruni Soni
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
Oil prices drop further as the global demand outlook turns murky
The latest dip follows a 6% drop on Wednesday, amid concerns about lower demand and slower economic…
Phil Rosen
Oil prices drop 6% as worries mount over demand destruction
Satellite imagery suggests that global oil inventories have surged by 30 million barrels in the fir…
Matthew Fox
Here's why oil prices have seen wild swings lately, clouding the outlook for inflation
The Israel-Hamas conflict is just the latest driver of crude prices, which have seen big swings in …
Aruni Soni
India's government is getting more uncomfortable buying Russian oil with Chinese yuan, putting payments in limbo
Although Russian firms are continuing to deliver crude supply, seven cargoes have yet to be paid fo…