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Browsing: Oil & Stock Correlation
Reliance Industries Resumes Russian Crude Imports Through Non-Sanctioned Channels, ETEnergyworld
Reliance itself paused Russian purchases after the US sanctioned Rosneft PJSC and Lukoil PJSC on Oct. 22 and gave refiners…
Oil prices settled marginally lower, heading for their steepest annual decline since 2020. Oil settled marginally lower on Wednesday, and…
India’s petrol pump network surpasses 100,000; third-largest after US and China, ETEnergyworld
India’s petrol pump network has surpassed 100,000 outlets, nearly doubling in the last decade. This expansion has improved fuel access…
On Tuesday, the rupee settled at 89.63 against the US dollar.The rupee pared initial gains and settled for the day…
BP Sells Majority Stake in Castrol to Stonepeak for $6 Billion in Major Restructuring, ETEnergyworld
The Castrol sale is the centerpiece of BP’s asset-disposal strategy to reduce its debt burden. BP said on Wednesday it…
The sanctions have also stalled Nayara’s petrochemical projects. Meanwhile, the refinery continues processing Russia’s Urals crude after disruptions from Saudi…
Oil prices rose on Tuesday. Strong US economic growth and potential supply disruptions from Venezuela and Russia supported the gains.…
The fresh investment is expected to generate additional employment. HPCL Mittal Energy Limited (HMEL) will invest ₹2,600 crore to expand…
GAIL India is exploring a significant venture with the Chhattisgarh government. The plan involves establishing a large gas-based urea manufacturing…
‘No PUC, No Fuel’ policy to continue in Delhi even after GRAP-IV easing: Manjinder Singh Sirsa, ETEnergyworld
Sirsa said inspections revealed that several PUC centres were not operational, while 12 centres were found using faulty equipment. The…