Platts Analytics forecasts global oil supply growth of 3 million b/d

Jun 15, 2021

New Delhi [India], June 15 : Platts Analytics has forecast global oil supply growth of 3 million barrels per day this year and 5.5...

"Forcing Russia to sell oil at bigger discounts to India": US treasury official hails price cap policy on Russian oil

Apr 04, 2024

"We know that the Indian economy is much at stake in the Russia World Trade and as much at stake for the global supply...

Red Sea turmoil sparks concerns for oil importing nations despite supply stability: S&P GCI

Feb 07, 2024

According to S&P Global Commodity Insights (GCI), while oil shipments have largely been spared from major disruptions, concerns loom over potential escalations that could...

Argentina and Brazil's soybean surge: India eyes increased soybean oil supply amid global shifts

Dec 31, 2023

This surge, propelled by Argentina's crop recovery and Brazil's higher biodiesel mandate, is poised to reshape global soybean dynamics, as per S&P Global.

IEA releases plan to cut oil use by 2.7 million barrels per day

Mar 18, 2022

Paris [France], March 18 : The International Energy Agency (IEA) has urged governments to urgently implement measures to cut global oil consumption within months...

Asian crude buyers unlikely to face supply squeeze as OPEC+ navigates supply roadmap: S&P GCI

Mar 11, 2024

The recent decisions by OPEC+ and Russia to extend production cuts have provided a semblance of clarity in the near-term supply trajectory for global...