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US stocks today: Market trades flat, heads towards subdued end to week; oil prices stable - The Times of India
US stocks today: Market trades flat, heads towards subdued end to week; oil prices stableThe Times of India
Oil falls, but heads for weekly gain as West Asia supply risks persist
Oil prices edged lower on Friday as inflation concerns weighed on demand, but crude remained on track for strong weekly gains amid renewed US-Iran strikes and uncertainty over the Strait of Hormuz
Oil stocks today: Crude slips but heads for weekly gains as US-Iran conflict keeps supply fears alive - The Times of India
Oil stocks today: Crude slips but heads for weekly gains as US-Iran conflict keeps supply fears aliveThe Times of India
Who wins from cheaper oil? These sectors could see the biggest earnings surprise
As West Asia heads for peace, after over 100 days of war, market participants expect a wide range of industries to gain from a return to normalcy, even as they keep a wary eye on the durability of a peace deal that is yet to be signed
Indian LNG tanker heads toward Strait of Hormuz as US-Iran deal lifts reopening hopes
An LNG tanker is nearing the Strait of Hormuz as the US and Iran reportedly reach a deal to reopen the vital waterway. European natural gas and oil prices fell as traders anticipate the resumption of traffic, though monitoring challenges remain due to potential spoofing and transponder deactivations.
BP names heads for two main businesses after revamp
BP is reorganising its business into two core units, upstream and downstream. Gordon Birrell will lead the upstream operations, while Richard Harding takes charge of downstream on an interim basis. This strategic shift aims to simplify operations and refocus on oil and gas. Renewable energy investments will be scaled back.
Oil Heads For Worst Month Since 2020, Brent Crude Slips Toward $93 On Iran Truce Hopes
The sharp decline comes after weeks of volatility driven by fears over the prolonged closure of the Strait of Hormuz, a key artery for global oil trade.
ADNOC LNG tanker heads to India as gas shipments resume through Strait of Hormuz
A liquefied natural gas tanker from Abu Dhabi has exited the Strait of Hormuz. This marks an increase in energy shipments through the crucial passage. The vessel is heading to India. This comes as energy flows through Hormuz see a slight rise. The strait had been largely closed to LNG traffic since late February. This situation had impacted global supply.
Coal India dismisses shortage fears; says 168 MT buffer available to meet rising demand
Coal India has built a substantial buffer of 168 million tonnes to meet rising summer power demand. Stocks at power plants and mine heads are robust, ensuring adequate supply for domestic coal-based plants. This proactive measure addresses concerns about potential shortages. India's peak power demand has reached new highs due to heatwaves. Coal India's preparedness aims to prevent any disruption.
Coal paying important role in India's energy security amid Israel-Iran war
India's energy security relies on coal amid global fuel uncertainties. Domestic production meets rising demand, with significant stockpiles at mine-heads and power plants. Coal India Limited is conducting e-auctions to ensure availability. Supplies to small and medium consumers are facilitated. The government assures demand will be met, supporting industrial continuity and economic growth.
Another Coal India subsidiary heads to Dalal Street; Check price band and other details
Central Mine Planning and Design Institute Ltd (CMPDI), a consultancy arm of Coal India, will have a post-listing market capitalisation of ₹12,280.8 crore at the upper end of the price band.
Asian stocks hit record, oil heads for weekly loss
The MSCI Asia Pacific Index rose 0.1%, heading for a sixth day of gains. The Kospi jumped more than 2.5%.