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Tuesday, August 19, 2025
TopicCrude oil

Topic: crude oil

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.

China says FDI rules ‘discriminatory’, says TOI, NIE goes ‘woah’ on low US oil prices

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.

Sensex plunges over 1,000 points, NSE Nifty nears 9,000 level

Sensex tracked heavy losses in banking, energy and IT stocks amid volatility in global market as international crude oil prices went into a tailspin overnight.

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.

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

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

India to stock up Middle Eastern crude oil to take advantage of low prices

New Delhi’s move to buy millions of barrels of Middle Eastern crude is seen to be part of a broader G-20 response to the collapse in oil prices.

How Saudi Arabia can save the global oil industry

Saudi Arabia needs to get producers to curb output or make clear it will continue to pump 12.3 million barrels a day, causing prices to crash to single digits.

Trump’s push for huge deal to cut oil supply draws disbelief

Oil traders are frantically assessing whether Saudi Arabia, Russia & possibly even the US are poised to strike a grand bargain to cut daily supplies.

Oil plummets further after Trump suspends travel from Europe to US

Brent crude for May delivery fell 5.3% to $33.88 a barrel after Trump said US would suspend all travel from Europe for next 30 days.

Bharat Petroleum grabs US crude on its way to China after tariffs kicked in

BPCL bought one or two cargoes of US crude recently diverted from its original destination of China & could buy more American oil headed there.

On Camera

Reform and globalisation — India’s dual challenge hold answer to Trump’s tariff turmoil

India can convert the tariff turmoil into an opportunity to position itself as the world’s go-to trade partner. It has the scale and heft, but needs the boldness.

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, trained dogs and horses to the Nepalese Army Monday, ahead of Prime Minister K.P....

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?