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Browsing: Macro & Financial
New Delhi: Petronet LNG Ltd reported a profit after tax (PAT) of ₹3,926 crore for the financial year ended March…
Crude oil output drops 3.1% in Apr; net oil import bill at $11.4 bn: PPAC, ET EnergyWorld
New Delhi: India’s indigenous crude oil and condensate production fell by 3.1 per cent year-on-year to 2.3 million metric tonnes…
Trucks consume 64.2% of retail diesel; 2-wheelers use 59% of petrol: Study, ET EnergyWorld
New Delhi: Trucks accounted for 64.2 per cent of the total diesel sold at retail outlets, while two-wheelers consumed 59…
(Oil Price) – The decline in oil prices and the prevailing uncertainty about the economy, trade, and supply chains are accelerating…
Australian central bank reduces benchmark interest rate to 3.85% in second cut this year
MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a…
( Oil Price) – Goldman Sachs analysts have revised their outlook for global oil demand upwards, now expecting growth of 600,000…
Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas – Oil & Gas 360
(World Oil) – Occidental and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a…
(World Oil) – Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen…
North Dakota oil producers plan to drop rigs due to weaker prices, state regulator says – Oil & Gas 360
(BOE Report) – Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews…
Oil prices fall on China/U.S. economic worries; Ukraine peace talks eyed – Oil & Gas 360
(Investing) – Oil prices fell Monday, handing back some of the previous week’s gains as traders fretted about Moody’s U.S. credit…