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Tuesday, October 28, 2025
TopicCrude oil prices

Topic: Crude oil prices

The oil crash couldn’t have come at a better time for India’s rupee

As crude prices tanked, it brought relief for India: The rupee rebounded about 2% from a record low touched last month.

India takes advantage of cheap oil prices, stores it at sea as onshore tanks full

Price of crude oil fell because of fall in consumption due to Covid-19 outbreak and price war between Saudi Arabia & Russia, that forced other producers to slash prices.

Recovery in oil consumption could take decades as aftermath of Covid crisis remains unclear

After the oil-price slump of the mid-1980s, it took two decades for prices to return to their previous levels — longer if you build in the effects of inflation.

Singapore’s coastline is packed with ships full of oil no one wants

About 60 fuel tankers are anchored along the busy strait, some being used to hoard fuel at sea, others waiting to be redirected to any willing buyer.

Should Modi govt let oil crash cushion finances or will lower retail prices revive economy?

The global oil slump has given Modi govt the cushion to hike fuel taxes to meet revenue shortfalls. But retail fuel prices still hover around pre-Covid-19 levels.

After asylum ban, US to temporarily halt immigration and could suspend work visas

From first global Covid-19 casualty for aviation industry to likely higher toll in Latin American countries — ThePrint brings you 8 important global stories linked to Covid-19.

Oil price falls below zero dollar a barrel, that’s right – below $0

The world’s most important commodity is quickly losing all value as chronic oversupply overwhelms the world’s crude tanks, pipelines and supertankers.

Oil price falls to 21-year low as demand sinks and the world runs out of storage

New York futures fell to less than $16 a barrel as deal by OPEC+ and other producers failed to counter the demand hit from a crippled global economy.

Oil prices begin climbing after historic OPEC+ deal to cut production

Futures in London rose around 5% to near $33 a barrel after OPEC+ alliance agreed to slash production by 9.7 million barrels a day.

Mexico pours water on Saudi-Russia deal to end global oil price war

OPEC+ had tentatively agreed to cut production by about 10 million barrels a day in May & June, effectively ending a one-month oil price war.

On Camera

Bihar beyond Buddha and Mandal—why the 2025 polls are critical for Indian democracy

It is not often noted, but in the North, Bihar is the only state where the BJP has not come to power on its own. The party's desire to turn Bihar into UP should not be ignored.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.