Latest News, Updates & Breaking Headlines
While Russian exporters continue loading crude onto vessels, refineries show reduced willingness to transfer the cargo to their storage facilities. (AI image) Donald Trump’s latest sanctions on Russian crude oil firms appears to have had the intended impact – at least as of now. Refiners are reportedly unwilling to pick up Russian crude oil from…
US President Donald Trump shakes hands with Prime Minister Narendra Modi in the Oval Office of the White House, Feb. 13, 2025, in Washington. (AP File Photo) The White House on Tuesday said US President Donald Trump remains committed to strengthening ties with India and is in frequent contact with Prime Minister Narendra Modi, even…
US President Donald Trump shakes hands with Prime Minister Narendra Modi in the Oval Office of the White House, Feb. 13, 2025, in Washington. (AP File Photo) The White House on Tuesday said US President Donald Trump remains committed to strengthening ties with India and is in frequent contact with Prime Minister Narendra Modi, even…
Saudi Aramco reported a net profit of $26.9 billion for the third quarter, slightly lower than last year, as subdued global crude prices weighed on earnings even as the company outperformed analyst forecasts.The world’s largest oil producer said total revenue stood at $111 billion in the July–September quarter, down from $123 billion in the same…
The eight key members of the Opec+ alliance, including Saudi Arabia and Russia, have agreed to raise oil production by 137,000 barrels per day (bpd) starting December, marking a modest increase that will hold steady for three months, the group said in a statement after a virtual meeting on Sunday, AFP reported.The move, aligned with…
Global Trade Research Initiative (GTRI) has proposed a three-step strategy to safeguard India’s trade interests as discussions with the United States have stepped into the “advanced stage.” The agency has suggested measures like scaling back Russian oil imports, seeking trade parity and resuming talks on fair terms.Here’s what GTRI’s 3 step plan says: 1. Halting…
Even as Moscow’s crude dominates headlines, it’s not the only Russian oil flowing into India. Russia has now surpassed Ukraine to become India’s biggest supplier of sunflower oil, with shipments soaring twelvefold over the past four years, according to industry data cited by ET.“Russia is the largest and most reliable source of sunflower oil in…
Even as Indian refiners are expected to adhere to the sanctions, they are also expected to continue procurement of Russian crude from non-sanctioned firms. (AI image) Despite US President Donald Trump’s pressure on India to stop purchasing crude oil from Russia, state-run Indian Oil Corporation has placed an order for five cargoes scheduled for December…
That golden spoonful of olive oil might be doing more than adding Mediterranean charm to your diet. Many people swear by taking a spoonful on an empty stomach each morning, claiming it helps soothe bloating, improve gut health, and even aid smoother digestion. While it sounds like one of those wellness trends your grandmother might…
Last week the Donald Trump administration announced sanctions against Russia’s leading oil corporations, Rosneft and Lukoil. (AI image) Donald Trump’s sanctions on Russia’s oil majors are unlikely to prompt India and China to completely stop buying Russian crude, though short-term disruptions are expected according to an analysis by Kpler, a global real-time data and analytics…
