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Browsing: Oil & Stock Correlation
UAE oil giant ADNOC shuts Ruwais refinery after drone strike, source says, ETEnergyworld
ADNOC has shut its Ruwais refinery in response to a fire at a facility within the complex following a drone…
PM asks ministers to coordinate, ensure Indian consumers don’t suffer due to impact of West Asia conflict, ETEnergyworld
Prime Minister Narendra Modi has directed top ministers to collaborate. The goal is to shield Indian consumers from rising petroleum…
Russia’s Oil gains & Ukraine’s loss, Iran conflict’s impact on global geopolitics, ETEnergyworld
The Iran conflict has diverted global attention away from Russia’s assault on Ukraine, and forced Kyiv’s Western allies to shift…
The primary concern for the Indian economy is the sharp increase in fuel costs. A new financial report from Emkay…
LPG Supply Prioritization for Non-Domestic Sectors Amid Geopolitical Tensions, ETEnergyworld
For other non-domestic sectors, a committee comprising three Executive Directors from state-run oil marketing companies has been constituted to review…
Shortage of commercial LPG could hit 50% of hotels and restuarants in Mumbai: Industry bodies, ETEnergyworld
A severe commercial LPG shortage is crippling India’s hospitality sector. Hotels and restaurants face near-complete supply halts in several regions.…
India’s Essential Commodities Act Activated to Ensure LPG Supply Amid West Asia Tensions, ETEnergyworld
The Centre has directed oil refineries and petrochemical units to increase liquefied petroleum gas production to the maximum possible level…
Oil Flow Through Strait of Hormuz at Risk of Halting Due to Iran Conflict, ETEnergyworld
Amid mounting geopolitical strife, Russian President Vladimir Putin has raised alarms over the US-Israeli discord in Iran fueling an imminent…
Iran says to ‘determine the end of war’, vows to not allow ‘one litre of oil’ to be exported if US, Israeli strikes continue, ETEnergyworld
Iran’s Revolutionary Guards have issued a stern warning. They state they will determine the end of the war. Iran’s Islamic…
Oil ministry sets up panel as commercial LPG shortage hits hospitality sector, ETEnergyworld
The oil ministry has formed a committee to address a sudden shortage of commercial LPG cylinders. This shortage alarms the…