Oil

News

Govt defends ethanol push: invokes energy needs, farmers, Maruti and Henry Ford

The petroleum ministry argued that E20, or 20% ethanol-blended, petrol costs more to produce than the pure one, so it cannot be sold cheaper.

2 min read10 Jul 2026
Markets

US stock market today: S&P 500, Nasdaq futures slip after tech-led rally; SK Hynix debut in focus

US stock futures dipped on 10 July after a prior rally, but are poised for weekly gains amid easing Middle East tensions and falling oil prices. Investors await SK Hynix's ADR debut as chip stocks lead Wall Street's rise ahead of the approaching earnings season.

2 min read10 Jul 2026
Opinion

Memorandum of misunderstanding: was failure written into the truce signed by the US and Iran?

The hazy terms of the interim deal signed by the two adversaries let either side interpret them as they please, especially references to the Strait of Hormuz. What awaits the world may be neither peace nor war, but something in between.

4 min read10 Jul 2026
Markets

Vedanta Iron and Steel to Vedanta Oil and Gas, Vedanta Power: How Anil Agarwal's demerged stocks are performing

Vedanta Group's demerger aimed to unlock value across its separate entities, yielding significant operational performance in power sales, despite a 17% drop in oil and gas volumes. Various sectors showed mixed results, but Vedanta Power notably surged with a 245% increase in power sales.

3 min read10 Jul 2026
Markets

Rupee opens 13 paise higher at 95.26 against US dollar

The Indian rupee rose 13 paise to 95.26 against the US dollar, bolstered by lower crude prices and a weaker dollar. However, concerns over the US-Iran conflict kept traders cautious. Foreign investments remain strong, yet India's trade deficit persists due to high oil and gold imports.

2 min read10 Jul 2026
Markets

Stock market today: Gift Nifty hints positive start; eight day trading stocks to buy on Friday, 10 July

Indian equity benchmarks are set for a positive start with the Sensex and Nifty tracking firm global markets. Recent easing tensions in the Middle East and gains in semiconductor stocks have boosted sentiment, despite recent military strikes involving the US and Iran.

5 min read10 Jul 2026
Markets

Asian stocks surge as investors look past Middle East attacks

The renewed back-and-forth attacks have further eroded the fragile three-week-old ceasefire, bringing the spotlight back on oil prices and what it could mean for inflation and the global rates outlook.

3 min read10 Jul 2026
Markets

US stock market today: Wall Street edges higher as chip stocks rebound; US-Iran tensions remain in focus

US stock futures showed modest gains, led by strong semiconductor buying despite ongoing Middle East tensions. The S&P 500 rose 0.2% while the Nasdaq 100 gained 0.61%. Investors are cautious amid fears over energy supply disruptions and await key economic data from the Federal Reserve.

2 min read9 Jul 2026
Markets

US-Iran war: BPCL, GAIL to HPCL — oil and gas stocks rise despite soaring crude oil prices

With the US-Iran war disrupting global energy supplies and keeping crude oil prices elevated and volatile, oil and gas companies are expected to report a mixed performance for the first quarter of FY27.

1 min read9 Jul 2026
Markets

Stocks to buy or sell: Osho Krishan of Angel One suggests buying LIC, Titan Company shares on 9 July

Indian indices Sensex and Nifty 50 opened higher, recovering some losses amid Middle East tensions. Nifty 50 rose 0.43% to 23,986.80, while BSE Sensex gained 0.41% to 76,832.34. Market breadth was positive, with 15 of 16 sectors in the green.

3 min read9 Jul 2026