Government stepping up plans for potential shortages caused by Iran war
The closure of the Strait of Hormuz, a key shipping lane that once carried a fifth of global…
U.S. oil producers aren’t coming to the rescue despite high prices as mistrust and chaos hit outlook
Companies in the heart of the U.S. oil patch don’t plan on opening up the taps anytime soon—even…
The Billion-Barrel Hormuz Oil Shock Is About to Crash Demand
(Bloomberg) — The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows…
Why the oil market hasn’t seen the Iran war doomsday scenario that experts warned about
US oil is trading around $95 a barrel, far below some of the most dire price predictions during…
Oil Markets Reprice Risk as Geopolitics Overtake Fundamentals
Oil markets didn’t just rally this week; they repriced risk in a way that forced traders to adjust…
Indian shares seen muted on higher oil prices, weak Infosys forecast
April 24 (Reuters) – Indian shares are set to open little changed on Friday, after falling in the…
ECB’s Strategic Balancing Act: Navigating Rate Stagnation Amidst Energy Shock
The European Central Bank (ECB) has announced it will maintain its deposit rate on April 30, with…
Death, Taxes and Volatility: Why Geopolitics Tops Economic Models
There is an old saying — frequently quoted, rarely questioned — that in this world, nothing is certain…
‘Designed to create fear’: Petroleum Ministry rejects reports of price hikes in petrol and diesel
The Ministry of Petroleum and Natural Gas on Wednesday said there is no plan for price hike of…
Asia Energy Squeeze Worsens as Supply Cushion Melts
Asian countries have been buying all the oil they can get their hands on since the Strait of…
Crude Oil Futures Fall on Oversupply Concerns: Rediff Moneynews
Crude oil futures decline on MCX due to weak global cues and oversupply worries. May delivery slips to…
When will gas prices go down? Experts weigh in on where things are headed.
Relief at the gas pump is looking less certain as rising oil prices and tightening global supply trends…