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Tuesday, April 7, 2026
TopicCrude prices

Topic: Crude prices

Bottled water feels the West Asia war strain. Global media says Indians could face the heat

Meanwhile, NYT traces the success of ‘former Goldman Sachs operations analyst who discovered rap as a child in South Texas’, better known as Hanumankind.

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

Syringes, MRI to ventilators, West Asia war squeezing India’s medical supply chain—costs up 10 to 50%

Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.