Global crude oil prices could rise to $120 per barrel in the short term and potentially reach $150 per barrel if war extends over a month and geopolitical tensions continue…
Category: Market
US begins emergency oil reserve release of 86 million barrels
The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange 86 million barrels of crude oil. Deliveries from the…
US-Iran war: Russia, China to Israel — Who wants the Strait of Hormuz to open soon?
The has entered its third week, and still, there are no signs of any de-escalation in this Middle East crisis. According to experts, the has created a complex geopolitical situation…
US strikes on Iran oil hub raises risk of further disruptions to supply
The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic Republic, as well as global supplies in a market already…
India to receive two LPG cargoes via Strait of Hormuz soon
India is expected to receive around 80,000 tonnes of liquefied petroleum gas (LPG) via two vessels, one of which is likely to arrive via the Strait of Hormuz by Monday.…
Technology adoption and improved seed varieties boost India’s wheat & rice production
India’s wheat and rice production has increased over the last five years due to the adoption of various production and protection technologies to address the challenges of various biotic and…
Indian sugar industry urges government to raise ethanol blending beyond 20%
Encouraged by a high share of supplied against its commitment, compared with the grain-based distilleries, the Indian industry has taken up the issue of increasing blending from the current 20…
As urea imports are poised to hit record high, Indian parliamentary panel moots adopting green ammonia for fertilisers
The Parliamentary Standing Committee on Chemicals and Fertilisers has urged the government to formulate a “comprehensive roadmap for the phased adoption of green ammonia in urea, DAP, and NPK production.”…
Gold imports and India’s trade balance: Why structural reform must replace reactive policy
The growing trade deficit of India, which recently touched $34.68 billion due to a sharp increase in gold imports, has again brought an old challenge into focus. While monthly trade…
SEBI slaps ₹10 lakh fine on Anand Rathi Share and Stock Brokers for cybersecurity violations
the brokerage arm of Anand Rathi, in its regulatory filing on 13 March, informed investors that the Securities and Exchange Board of India (SEBI) has imposed a ₹10 lakh penalty…