#energy-market
Iran's embassy says US shifting blame after Rubio accuses Tehran of threatening energy market
Iran's embassy in India has rejected remarks by US Secretary of State Marco Rubio accusing Tehran of seeking "to take the energy market hostage," saying the allegations were a deliberate attempt to distort reality.
CNG prices hiked for third time in 10 days, gets costlier by Rs 1 per kg
CNG prices in Delhi have seen another Re 1 hike, the third in ten days, following similar increases in petrol and diesel. This surge is attributed to global energy market pressures stemming from Middle East tensions and the Strait of Hormuz blockade, which ha…
India shielded fuel supply through crude diversification amid Hormuz turmoil: S&P Global Energy official
India's refinery operations remain robust despite global energy market disruptions from the Strait of Hormuz crisis. The nation has diversified crude purchases, increasing imports from multiple sources, including significant Russian oil acquisition, to mainta…
Gas-Insulated Switchgear Market worth $38.36 billion by 2031 | MarketsandMarkets™
DELRAY BEACH, Fla., May 6, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the global Gas-Insulated Switchgear Market size is projected to grow from USD 28.00 billion in 2026 to USD 38.36 billion by 2031 at a compound annual growth rate (CAGR) of 6.5% d…
OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025
In its latest Annual Statistical Bulletin, OPEC projected that world oil demand grew by 1.30 million barrels per day year on year in 2025, a release posted on OPEC's site outlined.
The Big OPEC Shakeup Is About a Lot More Than Oil
The UAE’s shock decision to leave OPEC is about a lot more than the price of a barrel of oil, explains energy trader Joe DeLaura.