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Monday, August 18, 2025
TopicCrude oil

Topic: crude oil

Fears of a second Covid wave in China casts large shadow over crude oil market

A renewed outbreak would jeopardise the recovery oil prices have seen in the last 2 months, which was spurred by record output cuts and renewed demand.

Disinvestment in oil PSUs expected to attract global majors who are wary of China

India has opportunity to draw investments & push PSUs like BPCL to investors as some countries seek to counter China’s ‘growing threat to global trade’.

How coronavirus has blown a $400 billion hole in global energy markets

The International Energy Agency’s projection for energy investment in 2020 began at 2% growth, but in the wake of the pandemic, expects to decline by 20%.

Why the world’s smartest oil traders have taken to the seas

Holding oil in ships is more expensive than storing it in onshore tanks, but the eventual unloading of it will have a significant bearing on the oil price.

Delhi govt hikes petrol price by Rs 1.67 per litre, diesel by Rs 7.10

The price hike was followed by Delhi govt's decision to raise VAT on petrol from 27 to 30% and from to 16.75% to 30% on diesel.

India’s oil revenue loss in lockdown seen exceeding Rs 40,000 crore

Fuel consumption probably declined at least 80% in April, which would lead to a revenue loss of as much as Rs 400 billion, said economist Madan Sabnavis.

Negative oil prices were a warning, not an anomaly in the time of coronavirus

The negative oil price situation has arisen because there is still simply too much crude being produced in a world that can’t use it.

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.

Vikram Mehta on advantages in oil crisis, Deepak Nayyar on why India fares better than many

Today’s political, economic & strategic punditry from Ajay Vir Jakhar, David M. Sloan, G Chandrashekhar and many others.

Why oil prices in US crashed to negative and what it means for India

In episode 451 of #CutTheClutter, Shekhar Gupta explains how oil markets work and how the coronavirus lockdown has impacted the global demand for oil.

On Camera

Why Modi, BJP should worry about bad blood between CEC Gyanesh Kumar and Rahul Gandhi

If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

India provides Nepal with military equipment, medical supplies; PM Oli likely to visit next month

New Delhi: India has handed over military equipment, medical supplies, and trained animals to the Nepalese Army Monday, ahead of Prime Minister K.P. Sharma...

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?