Tag: Global Oil Market

BRICS Surpasses G7 as Russia Dominates India’s Oil Imports

World
The BRICS bloc, comprising ten emerging economies, is set to gather at Bharat Mandapam on September 12 and 13, marking its growing economic stature. Recent assessments show that the combined output of BRICS countries, when adjusted...

Crude Oil Reaches One-Month High Above $86

Business
Crude oil prices have risen dramatically, reversing a trend of decline observed earlier. On July 14, Brent Crude hit $86.07 per barrel for the first time since June 12. This increase is attributed predominantly to escalating...
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Philippines Declares National Energy Emergency Amid Fuel Supply Concerns

World
The Philippines has officially declared a national energy emergency, citing an “imminent danger” to its fuel supplies. This alarming decision comes as ongoing conflicts...

टेक्सस में 300 अरब डॉलर की रिफाइनरी डील का ऐलान ट्रंप–रिलायंस साझेदारी से किसे होगा असली फायदा?

World
ईरान युद्ध के बीच बढ़ती तेल कीमतों के दौर में अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने टेक्सस में 300 अरब डॉलर की विशाल ऑयल रिफाइनरी...

The Oil India Can’t Afford Not to Buy, From a Country It Can’t Afford to Defend

World
There is something almost Kafkaesque about the scene that played out on March 5, 2026. The United States Treasury Secretary, Scott Bessent, posted on...

G7 Considers Release of Oil Reserves Amid Ongoing Gulf Tensions

World
Global oil markets are currently experiencing notable volatility as conflicts in the Gulf region lead to significant increases in crude prices. In response, finance...

Middle East Conflict Pushes Oil Prices Higher, Raising Global Supply Concerns

World
The ongoing conflict between Iran, Israel, and the United States has led to an increase in oil prices up to $120 per barrel. The...

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