The government on Tuesday said there is no shortage of LPG in the country and that supplies have stabilised after concerns were raised about a possible shortage of commercial cylinders.…
Category: Testing
Middle East countries cut daily oil output amid Hormuz disruption: Bloomberg News
Oil production cuts across major Middle Eastern producers are deepening as shipping through the Strait of Hormuz remains severely disrupted, trimming roughly 6% from global oil supply, according to a…
Essential Commodities Act invoked by India amid LPG shortage. What does it mean?
The government has invoked the Essential Commodities Act to safeguard cooking gas supplies as reports of LPG shortages are beginning to affect businesses in several cities amid global energy uncertainty…
Silver jumps nearly Rs 10,000: Will the Iran-US war push prices even higher?
Escalating are sending ripples across global commodity markets, pushing investors toward precious metals. Silver prices surged sharply on Tuesday, climbing by nearly Rs 10,000 in domestic markets as geopolitical uncertainty…
Prolonged Gulf conflict could be catastrophic for oil markets, says Saudi Aramco chief
Oil markets could face “catastrophic” consequences if disruptions linked to the ongoing Gulf conflict continue to affect shipping through the Strait of Hormuz, the chief executive of Saudi Aramco said…
When crude oil hit a record $147 per barrel in 2008 and the reason was not war
Crude oil prices have surged sharply amid the ongoing Gulf conflict, reviving fears of a potential disruption in global energy supplies. While , Monday’s brief rally to $120 per barrel…
Why have crude oil prices fallen below $100, and will it go up again?
Crude oil prices fell on Tuesday after touching theirin the previous session. The fall came after signs that the ongoing conflict in the Middle East may not last as long…
LPG shortage shuts 20% of Mumbai hotels and restaurants: Association
Around 20% of hotels and restaurants in Mumbai have shut down so far due to disruptions in commercial LPG supply, the city’s hotel and restaurant association AHAR said on Tuesday.…
Sensex jumps 500 points, Nifty above 24,100; IndiGo up 4%
Sensex jumps 500 points, Nifty above 24,100; IndiGo up 4% This is a developing story. It will be updated. Source