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Friday, January 30, 2026
TopicOil price

Topic: oil price

Surging oil prices could push more foreign funds out of India, South Korea

While stocks in Mumbai & Seoul have already taken hits from concerns over Fed rate hikes and a related tech selloff, analysts see both as more susceptible to risk-off sentiment.

Palm oil duty cut to reduce prices will fry domestic potential, self-reliance, say producers

Govt reduced import duty on palm oil earlier this month to bring down retail prices. Some oil and farm associations say it contradicts govt’s vision of 'Atmanirbhar Bharat'.

Why Gulf Arab states should make the most of oil’s last boom

Even at $70 a barrel, the current prices do not meet fiscal break-even thresholds for most Gulf Arab states, and the gap between revenue & fiscal expenditure has been wide since 2015.

India’s oil demand is showing signs of bouncing back after record fall in April

Demand in May will be 25% higher than April as planting season begins, requiring tractors & water pumps to burn more diesel & lockdown is eased.

Fears of a second wave of virus infections pummels crude oil prices again

The collapse in consumption of oil demand caused by the coronavirus pandemic has forced countries around the world to cut crude output.

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.

The Centre-state face-off on Covid-19 and Earth’s changing face

The best cartoons of the day, chosen by the editors at ThePrint.

India set to gain on OPEC deal failure after oil windfall on coronavirus

Oil buyers will be 'spoiled for choice' as the supply of high-sulfur crude, which has tightened after US sanctions on Iran and Venezuela, will become more readily available now.

Why it’s time to scrap OPEC+

The expansion of OPEC into OPEC+ has added a new layer of complexity to the decision-making process while contributing little in the way of real output cuts.

The world’s oil glut is much worse than it looks

With demand growth weakening and non-OPEC supply rising, oil-producing nations may to have to consider both longer and deeper cuts.

On Camera

Economic Survey 2025-26 takes global lessons seriously—and shows why Swadeshi is the way to go

The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.

Economic Survey backs skilled visas to give IT services sector a boost, green energy for data centres

The IT services sector contributed more than half of India’s Gross Value Added, serving as a major driver of exports and employment, the Economic Survey 2025-26 has found.

Indian Army ties up with US drone company that made its name in the Ukraine conflict

Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.