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Friday, December 12, 2025
TopicCrude oil prices

Topic: Crude oil prices

India’s petroleum demand has crashed by 70% as country has come to a near-halt

Saket Sundria -
Consumption for the entire month could average about 50% below last year’s levels if the lockdown ends 15 April as planned.

Oil prices plummet to 17-year low as demand sinks and crude surplus balloons

Rob Verdnock -
Oil futures in London fell as much as 7.6% to the lowest since November 2002, while New York crude briefly dipped below $20 a barrel.

An economic crash will slow down the electric vehicle revolution, but not for long

Akshat Rathi -
Sales in Europe still are expected to increase 50% from last year and China sales could be flat or drop if the recovery from the virus drags on.

LIC to stock market rescue, from corona to coronary & government’s social distancing

Shubhangi Misra -
The best cartoons of the day, chosen by the editors at ThePrint

When stock markets meet IPL in times of coronavirus & another ‘PSA’ against Farooq Abdullah

Soham Sen -
The best cartoons of the day, chosen by the editors at ThePrint.

Global economic chaos of 2020 can’t match 2008 but the gut punch feels familiar

Liz Capo McCormick -
The panic that comes with uncontrollable loss of years of meticulously amassed wealth has activated muscle memory for people who were around in 2008.

Mukesh Ambani loses $5.8 billion, is no longer Asia’s richest man after Monday’s oil rout

P. R. Sanjai -
Jack Ma, the Alibaba Group founder, who ceded No. 1 ranking in mid-2018, is back on top with about $2.6 billion more than Mukesh Ambani.

Why oil prices are going down and how it affects the Indian economy

Srijan Shukla -
As Saudi Arabia initiated a price war against Russia, the crude oil price fell by 30%, registering its single-largest fall since 1990 Gulf War.

Oil crash sends new shock through world economy already crippled by coronavirus

Enda Curran -
The oil crash imposes another body blow for credit markets, thanks to the energy industry’s outsize share of US high-yield securities.

Oil price crashes to $31 a barrel, the worst loss since 1991 Gulf War

Dan Murtaugh -
With oil demand already plummeting due to the economic impact of the coronavirus, traders forecast that prices will go even lower.
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Opinion

IndiGo cancellations made TV news do the unexpected — question the Modi government

Shailaja Bajpai -
Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

Why electoral ‘reform’ is cause for worry—the Modi govt uses it to cement political hold

The world’s biggest trade deal is in the making. India and EU must close it now

Economy

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Udit Bubna -
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

Defence

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Vaibhav Pant -
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

National Interest

Asim Munir & Pakistan’s Failed Marshal Doctrine

Shekhar Gupta -
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.

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