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Browsing: Oil & Stock Correlation
Lakshmi Mittal’s Energy Venture Purchases Russian Oil Linked to Sanctions, ETEnergyworld
The refinery is the 10th largest in India, able to process 11.3mn tonnes a year.Steel tycoon Lakshmi Mittal’s energy joint…
India Pushes for US Sanctions Waiver Extension on Chabahar Port for Enhanced Trade Connections, ETEnergyworld
As the current waiver approaches its expiration, neighboring countries are expressing interest in utilizing Chabahar to enhance their own trade…
India’s crude oil imports rose 1.7% in September to 19.93 mn metric tons month-on-monthIndian refiners’ crude throughput declined 5.7 per…
Indian firms are weighing their options to understand how much they can buy from non-sanctioned entities in Russia.Indian Oil Corporation…
Rupee Declines as Domestic Markets Weaken and Investors Await Federal Reserve’s Decision, ETEnergyworld
On Monday, the rupee plunged 36 paise to close at 88.19 against the US dollar.The rupee depreciated by 10 paise…
Ethanol makers remain hopeful of a hike, particularly with “pressure from poll-bound Bihar”.Even as the automobile industry continues to push…
Adani Total Gas reports 9% drop in Q2 net profit due to rising gas prices, ETEnergyworld
Adani Total Gas Ltd reported a 9% dip in September quarter net profit to ₹162 crore, primarily due to a…
Under OALP-X, 25 blocks with a total area of about 191,986 square kilometres have been offered. The government has extended…
The tenders were issued after “operational issues” arose at the company’s Mumbai refinery.Hindustan Petroleum issued two rare tenders to import…
BPCL Signs MoUs to Boost India’s Energy and Refining Capacity with Major Oil Companies, ETEnergyworld
The agreement covers the joint construction of a 700-km cross-country product pipeline from Siliguri to Mughalsarai, with an estimated investment…