Market News

Reliance to partner AFR for $300 billion US oil refinery project

Reliance Industries will partner with America First Refining to build the first major US oil refinery in 50 years in Brownsville, Texas. Hailed as a "historic $300 billion deal" by President Trump, the project aims to boost American energy production and create thousands of jobs, with construction slated to begin in Q2 2026.

Trump announces Reliance investment in new US oil refinery; calls $300bn Texas deal as historic

RIL Share Price Trades Higher After Trump Announces US Oil Refinery Project

RIL share price went as high as 1.8% to Rs 1,434 on the NSE, compared to a 0.3% decline in the benchmark Nifty 50.

Reliance share price gains as Donald Trump announces $300 billion US oil refinery project backed by RIL

Reliance share price has fallen over 10% on a year-to-date (YTD) basis, while the stock has gained over 1% in six months. Reliance shares rallied 12% in one year and have gained 31% in three years.

RIL shares rise 2% as Trump announces $300 billion US refinery project with Ambani backing

Reliance Industries shares gained 2% after U.S. President Donald Trump announced the company would partner in developing a $300 billion oil refinery in Brownsville, Texas. Trump described the project as the "biggest in U.S. history," aiming to boost American energy production and create thousands of jobs. Reliance Industries has not yet confirmed the statement.

Reliance to invest in first new US oil refinery in 50 years, says Trump; calls $300 billion Texas project ‘historic deal’

Reliance Industries will partner with America First Refining to build the first new U.S. oil refinery in 50 years. The $300 billion project, planned for Brownsville, Texas, is hailed as the largest in U.S. history and a significant boost for American energy production.

India ensures household gas supply amid global energy crisis

India is diverting imported and domestic gas to priority sectors like households and CNG vehicles due to supply crunches caused by the Iran war. Petrochemical units and power plants may face complete allocation cuts, while fertilizer and refinery supplies are also reduced. GAIL will manage the diversion, with a common price set by the oil ministry.

Global oil markets on edge as West Asia unrest triggers new energy shockwave

Crude oil prices have surged to near one-year highs as escalating conflict in West Asia threatens key supply routes, particularly the Strait of Hormuz. Rising geopolitical risks, refinery disruptions and tanker delays are pushing prices higher, raising inflation concerns and creating economic vulnerabilities for major Asian importers, including India, China, Japan and South Korea.

Stocks to Watch Today: Coal India, Saatvik Green Energy, JK Tyre, Siemens, ONGC, Ram Ratna Wires, Landmark Cars, Gandhar Oil, P&G Health in focus on 27 May

Stocks to watch on 27 May: Stocks like Oil and Natural Gas Corporation, Siemens, JK Tyre and Industries, Procter and Gamble Health, Landmark Cars, Gandhar Oil Refinery India, Ram Ratna Wires, Vodafone Idea, and Bharti Airtel.