Indian government debt weakened for a third day on Monday as oil prices stayed elevated, amplifying inflation worries and pressure on the rupee, while the Reserve…
Browsing: Oil
Greenpeace warns of an imminent ecological disaster in the Persian Gulf due to the accumulation of oil tankers amidst regional conflict. Satellite image captured on 11…
Iran attacked commercial ships on Wednesday across the Persian Gulf and targeted Dubai International Airport, escalating a campaign of squeezing the oil-rich region as global energy…
As a result of the escalating conflict in Iran, oil prices surged past $100. AI-generated visualisation of high oil prices. By Anders Lorenzen The price of…
Russia is ready to divert oil to India to offset Middle East supply disruptions, with about 9.5 million barrels of Russian crude in vessels near Indian…
An oil tanker chartered by Chevron is seen in Lake Maracaibo, northwest Venezuela. According to the US energy secretary, Chevron is one of the oil companies…
The concession agreement covers an area of up to 6,162 sq km, granting the special purpose vehicle, UBPL, 100% concession rights Indian Oil Corporation (IOCL) and…
What’s at the centre of the US seizing Venezuelan oil assets? An oil rig with the Venezuelan flag in the background. By Anders Lorenzen The controversial…
By Daniel Cressey Brazil’s offshore oil industry is leaving “a trail of chronic pollution” across the Atlantic that is marring the marine environment and the country’s…
The Global Trade Research Initiative has in its recent report argued that obtaining a US tariff rollback should be India’s immediate priority. Removing oil-related duty would…