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Saturday, April 27, 2024
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

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.