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OIL

No need to panic: India boosts LPG output 30%

Refineries running at full capacity as government prioritises household gas supply

2m read
India has said it is making continuous efforts to ensure that households and essential institutions receive uninterrupted supplies of cooking gas.

Record release of oil reserves to stabilise oil prices

Historic 400-million-barrel release aims to calm markets as Gulf supply disruptions grow
3m read
How record release of oil reserves can stabilise price of ‘liquid gold’ worldwide

Oil spikes above $100 as war fears grip global markets

Crude surges above $100 as Hormuz disruption triggers supply fears
3m read
Prices surged into the triple digits as the war raises stress levels.

Brent oil price blasts past $81 as Hormuz teeters

$120 per barrel nightmare looms Iran-US-Israel war shakes oil markets
2m read
An oil refinery in Houston. Oil-consuming countries are bracing for energy price shocks as the Middle East war erupts, with supply constraints driving prices through the roof.
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