Business
China’s steel mills and oil refiners bear brunt of tepid economy
CHINESE commodities producers centred on the old economy are still bearing the brunt of the nation’s economic slowdown, with steelmakers…
Tag
Oil
Business
Oil settles up, weekly gain 4% as investors weigh Middle East risk and US election
Oil prices settled higher on Friday (Oct 25) and gained 4 per cent on the week, with investors taking stock of the ongoing conflict in the…
Business
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to…
Business
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
OIL futures fell on Friday (Oct 18), declining more than 7 per cent on the week after data showed China’s economic growth slowed and…
Business
Oil prices edge higher on US crude stockpiles draw
OIL prices inched up on Thursday (Oct 17), bouncing back from two-week lows, after data showed falling crude and fuel inventories in the…
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IEA cuts 2024 oil demand growth view, sees surplus looming
THE International Energy Agency (IEA) on Tuesday (Oct 15) further cut its global oil demand growth forecast for this year citing weakness…
Business
Market Today: TCS Q2 nos, NSE weekly options changes, Oil gains, Israel war
Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE(Photo: Shutterstock) Stock Market…
News
Oil prices jump 4% on US storm and Israel-Iran fears
OIL prices jumped about 4 per cent on Thursday (Oct 10) on a spike in US fuel use before Hurricane Milton barrelled across Florida, Middle…
Business
BP drops oil output reduction target in strategy reset: sources
BP HAS abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to…
Business
ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major…
Business
OMCs set to invest over Rs 2 trillion to meet India's growing oil demands
4 min read Last Updated : Sep 28 2024 | 12:04 PM IST India’s oil marketing companies (OMCs) are gearing up to enhance their crude oil…
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World’s most popular vegetable oil is no longer the cheapest
Palm oil has lost its position as the world’s cheapest edible oil, thanks to shrinking output in the biggest growers and plentiful supply…