In recent weeks, crude prices have confronted a pressure that seems unending, falling to levels not seen in four years. The energy market, which had been relatively stable, even and predictable a few months ago, has been turned upside down by a combination of weakening consumption indicators, rising stockpiles, and
WTI and Brent decline 16% in five days as the US-China trade conflict escalates, however, MCX presents a potential entry point.
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The Oil and Gas Industry has been playing a vital role in the development of the Indian Economy as well as being a crucial sector among the eight core industries in India. Apart from the agricultural, Automobile, Chemical, and other major industry sectors, the oil & gas industry lobbying an
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The pandemic has hit the Indian economy hard. Consumer demand has fallen drastically and the supply side of the market has become vulnerable to shocks and crunches. But it’s not all for these entrepreneurs. The latest addition to their list of woos is the ever-increasing price of petrol, which
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Royal Dutch Shell. The United States itself utilised an estimated 20.5 million barrels of petroleum per day in 2018, according to the US Energy
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The price of fuel has always been a concerning issue in the country. When the pricing of Fuel rises, it majorly impacts the lives of the common man and the wholesome economy. And, soon after the latest round of fuel price hike by the OMCs (Oil Marketing Companies), the prices
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The recent news about the blockage of the Suez Canal has gained a lot of popularity on social media. The pictures of the blockage have been widely spread in the online world as memes. But the economic outcomes of the blockage of Suez canal are severe. Let’s look at
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Transportation is a necessity, and the economic aspect of the world is heavily dependent on it. The trade sector involves Marine transportation for the moving of over 10 billion tonnes of containers, and solid and liquid bulk cargo across the world's oceans annually. It wouldn't be
crude oil
As everyone is aware of the COVID-19 situation the world is facing right now. On the brink of this cliff, we can just hope that everything goes back to normal. Into the list of unprecedented victims, the Oil Industry has been added to it successfully. The chaotic change in the