Oil supply
- World
Crude oil prices spike near USD 120 a barrel as Iran war impedes production, shipping
Chicago: Oil prices spiked near USD 120 per barrel before falling back on Monday, March 9, as the Iran war intensified, threatening production and shipping in the Middle East and pummelling financial…
- India
India seeks US cover for Middle East energy cargoes: Source
New Delhi: India is tapping the United States to secure marine cover for vessels to ferry oil from the Middle East as it looks for continuity in energy supplies beyond its current…
- Business
India sees no immediate oil supply disruption despite Gulf tensions
New Delhi: India is unlikely to face any immediate physical disruption in oil supplies despite escalating tensions around Iran and the Strait of Hormuz, but higher crude prices and broader macroeconomic pressures…
- India
Enough crude oil available globally, says Union Minister Puri
Hyderabad: Asserting that trade is not governed by any established set of rules, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said there is adequate crude oil supply…
- India
India has enough energy supplies for weeks: Oil minister
New Delhi: India, the world’s third-largest oil importer and fourth-biggest gas buyer, has enough energy supplies to meet requirements for several weeks and continues to receive supplies from several routes, Oil Minister…
