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Thursday, September 4, 2025
TopicCrude prices

Topic: Crude prices

Russia says it won’t accept West’s $60 price cap on crude oil, is analysing how to respond

The cap will allow non-EU countries to continue importing Russian oil, but will prohibit companies from handling cargoes of it around the globe, unless it is sold for less than $60.

Saudi Aramco raises oil prices as crude surges to nearly $95 a barrel

Aramco’s decision came days after OPEC+ opted to increase its daily crude production by 400,000 barrels a day next month.

Why global energy drought could herald a future of excess

Surging costs of Chinese coal, European gas and global crude are symptoms of an energy system using high prices to incentivise additional supply when and where most needed.

Covid meant high protein intake but chicken, eggs, oil, all acting pricey. Govt must intervene

About 18% contribution to May, June inflation numbers was made by the three livestock categories: ‘milk and products’, ‘eggs’ and ‘meat and fish’.

On Camera

Giorgio Armani brought a feminine touch to men’s tailoring — and taught them how to suit up

Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.