IEA Warns of Oil Oversupply as Production Outpaces Demand
Global oil market tilts toward oversupply as production growth outpaces consumption despite rising Chinese demand. IEA projects 4 million bpd surplus by 2026. Read the full analysis.
Global oil market tilts toward oversupply as production growth outpaces consumption despite rising Chinese demand. IEA projects 4 million bpd surplus by 2026. Read the full analysis.
China's ports overflow with soybeans as record imports and weak demand undermine US trade deal commitments. Massive reserves and cheaper Brazilian supplies create market standoff.
India maintained vegetable oil imports at 16.3 million tonnes in 2024-25. Soybean oil hit record highs while palm oil declined sharply. Explore the shifting import patterns.
Global crude oil markets experience significant oversupply, particularly in the Americas. US exports hit highest since July 2024, while market structure indicates weakening demand. Read analysis.
Discover how the simple soybean transformed into a multi-billion dollar weapon in the ongoing trade tensions between America and China, reshaping global agriculture markets.
India initiates refilling its strategic petroleum reserves as global crude prices hover near multi-month lows, securing energy supplies ahead of expected price surges.
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
Pakistan cricket team creates history by successfully chasing down 405 runs against South Africa in Faisalabad, registering the highest-ever ODI run chase and taking 1-0 series lead.
Bangladeshi companies sign landmark agreement to purchase American soybeans worth USD 1 billion, strengthening bilateral trade relations between the two nations.
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
OPEC makes strategic move to boost oil production by 137,000 barrels per day starting December, aiming to protect market share as US shale growth shows signs of slowing down.
Turkey dramatically increases non-Russian oil imports as latest Western sanctions bite, reshaping global energy flows and Ankara's trade relationships.
China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.
In a major breakthrough for US farmers, China agrees to purchase 25 million tonnes of American soybeans annually for three years, signaling thawing trade relations and global market confidence.
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.
Indian markets poised for strong start as Gift Nifty surges, Asian markets hit record highs, and global factors align favorably. Discover the 8 key developments shaping today's trading session.
India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.
In a major boost for US farmers and global agricultural trade, China pledges to purchase 25 million metric tons of American soybeans annually. This landmark commitment signals strengthening economic ties between the world's two largest economies.
Former US President Donald Trump announces massive Chinese soybean purchases following meeting with Xi Jinping, potentially reshaping US-India agricultural trade dynamics.
India responds to US sanctions on Russian oil firms, defends energy imports as crucial for national interest. Trump praises India's strategic positioning.
India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.
In a landmark APEC meeting, Donald Trump and Xi Jinping announce significant progress on trade tariffs, fentanyl controls, and potential TikTok resolution, signaling US-China relations thaw.
HPCL-Mittal Energy Ltd halts Russian crude imports due to payment complications, joining other Indian refiners facing similar challenges with Russian oil deals.
HPCL-Mittal Energy Ltd suspends Russian oil imports after US sanctions target key shipping vessels, marking significant shift in India's energy procurement strategy.
US stock markets hit unprecedented peaks as Federal Reserve meeting minutes reveal dovish stance. Discover how anticipated interest rate cuts are fueling the biggest Wall Street rally of 2024 and what it means for global investors.
HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.
Tanishka Tak, a six-year-old from Jaipur, creates history by setting a new Guinness World Record for the longest hula hoop marathon with an incredible 15,520 rotations in 2 hours 45 minutes.