The UAE’s decision alters oil’s future trajectory. Rather than a gradual decline dictated by scarcity, there may be a phase of heightened production, followed by abrupt adjustments.
This is the transcript of Ep 1830 of Cut the Clutter, where Shekhar Gupta explains why strategic petroleum reserves are a national necessity & how India compares with China, US & Japan.
Parliamentary panel recommended that ministry, oil marketing companies explore building more underground storage caverns in geologically suitable locations to bolster energy security.
Trump is urging Exxon Mobil, Chevron, ConocoPhillips and others to invest $100 billion to rebuild the sector. The companies themselves are cautious if not circumspect.
‘If you don’t want to go in, just let me know, because I’ve got 25 people that aren’t here today that are willing to take your place,’ Trump told executives.
US President further said the oil will be sold at market price, and proceeds will be controlled by him to ensure they benefit Americans and Venezuelans.
Remains to be seen whether US promise is more rhetoric than reality, Pakistani economist Javed Hassan tells ThePrint. He says Trump’s posts suggest desperation to get India deal.
Ajinkya Rahane was at the heart of India's rise under Kohli and Shastri. Nowhere was his understated value more immortalised than during the 2020–21 Border-Gavaskar Trophy.
Combined sales of urea, DAP, MOP and complex fertilisers rose 25 percent in April even as Modi asked farmers to cut chemical fertiliser use by up to half to save soil and foreign exchange
The young people broke the self-imposed silence among the elite not to speak a word critical of the Modi government, except to whisper on the sidelines, looking left, right and behind.
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