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The Latest Breaking News from Oil

India's paint industry remains optimistic on growth despite crude volatility, pricing pressures and competition

India's paint industry is experiencing a demand surge in both cities and villages. Leading companies anticipate strong volume growth in FY27. Manufacturers are implementing calculated price increases to manage rising input costs. Geopolitical factors and currency fluctuations remain key concerns. Companies are closely monitoring crude oil prices and forex for…

The Economic Times

Europe's green jet fuels see upside in Iran war

Europe is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While production is currently limited, new factories are needed to meet future targets. Defence forces are showing interest, potentially providing a much-needed boost for investment in this…

The Economic Times

I tried 30+ new beauty products this month, these are the buys I’m shouting from the rooftops about

Including a hydrating gradual tan, a stellar sun care hair range and much more

Woman & Home

From analysis to the latest developments in health,
read the most diverse news in one place.

Patanjali Foods Q4 Results: Profit jumps 46% to Rs 524 crore despite margin pressure

Patanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. While revenue expanded across key segments, higher raw material, packaging and freight costs weighed on margins. The company also continued expanding its oil palm cultivation and export footprint.

The Economic Times

Why Indian investors need global exposure today

With the rupee weakening and structural pressures from oil, capital outflows and inflation differentials persisting, Indian investors face currency risk in domestic-only portfolios. The article argues for global diversification, highlighting how dollar assets provide both return potential and currency protection, making international exposure a strategic necessity.

The Economic Times

Market Outlook: US-Iran talks, crude oil among 5 factors to drive D-St in first week of June

Markets brace for a crucial week. Investors watch US-Iran peace talks closely. Crude oil price drops also impact sentiment. Foreign investors sold heavily, impacting Indian equities. The Rupee shows strength against the US Dollar. Technical indicators suggest a lack of strong trend. Geopolitical and economic developments will drive market sensitivity.

The Economic Times

China’s factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

The Independent UK

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China's factory activity slows in May, raising questions over its economy

China has reported that its manufacturing activity has slowed in May

AAP

Petrol, Diesel Prices on May 31: Has your city's fuel rate changed? Check how much you'll pay in Delhi, Mumbai, Bengaluru, Kolkata and other cities

Petrol, Diesel Prices on May 31: Fuel prices remained unchanged on Sunday, May 31, after a series of recent hikes pushed petrol and diesel rates to their highest levels since 2022. The increase in fuel prices has been driven by rising global crude oil prices following supply disruptions in West…

The Economic Times

Ukraine war briefing: Kyiv denies its drone hit Zaporizhzhia nuclear plant

Russian atomic energy agency claim that drone strike damaged Europe’s largest nuclear power plant just a ‘propaganda ploy’, Ukraine military says. What we know on day 1,558

The Guardian - AU

Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — 'I mean really, really low levels'

"You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”

Fortune

Government revises windfall tax on fuel exports from June 1

New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of nil levies. Petrol exports will also attract a duty. These revisions reflect changes in global oil prices and refiner margins. The government reviews these…

The Economic Times

Man Gets Oil Changed At Quick Lube Spot. Then It Breaks Down Almost Immediately: 'They Owe Him A New Motor'

"Do you see anything wrong with that?"

Motor1

Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran's fast-attack boats

To sail through the strait without being detected by Iran, many ships are turning off their Automatic Identification Systems.

Fortune

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The Economic Times

Transport association urges government to cut fuel prices as crude falls to $90/barrel

The All India Motor & Goods Transport Association is calling on the Central Government to lower petrol and diesel prices. They point to a significant drop in international crude oil rates. The association states that consumers and transporters are not benefiting from this global price fall. Higher fuel costs are…

International Business Times

S&P 500 Posts Record 9th Straight Weekly Win and Best May in Years — Three Themes Drove It All

The S&P 500 closed May at 7,580, up 5% for the month and notching its ninth straight weekly gain. Three forces drove the rally: Iran war peace hopes, a blowout Dell earnings beat that reset expectations for AI infrastructure spending, and relentless tech strength powered by Micron, Snowflake, and Qualcomm.

The Independent UK

Ukraine keeps up assault on Russian oil infrastructure as Kyiv braces for more strikes

Ukrainian drones struck oil facilities in two southern Russian regions overnight into Saturday, local officials said, the latest in a near-daily campaign targeting infrastructure that funds Moscow’s invasion

The Times of India

Ukrainian drones strike oil tanker and depot in southern Russia

Ukrainian drones struck an oil tanker at the port of Taganrog and an oil depot in southern Russia overnight on Saturday, triggering fires as Kyiv intensified attacks on Moscow’s energy infrastructure during the fifth year of the war, Russian authorities said.

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The Economic Times

What is oil price prediction for Monday? Oil prices fall as US-Iran ceasefire talks support market sentiment

What is oil price prediction for Monday? Oil prices ended lower on Friday as investors reacted to signs of progress in talks between the United States and Iran. Markets focused on the possibility of an extended ceasefire and the reopening of shipping routes through the Strait of Hormuz. Brent crude…

The Economic Times

What is gold and silver price prediction for Monday? Gold rebounds on US-Iran ceasefire hopes, silver holds steady

What is gold and silver price prediction for Monday? Gold prices moved higher after reports suggested the United States and Iran could extend their ceasefire agreement. The weaker dollar and lower oil prices supported bullion. However, inflation concerns and expectations that interest rates may remain elevated limited gains. Silver remained…

Motor1

Man Reads 'Leaked' AutoZone Memo. Then He Stocks Up: 'I Have 30 Cases On Hand'

"They had a meeting about this..."

The Economic Times

India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report shows

India's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are growing. Labour markets are stable. Foreign exchange reserves offer protection. However, rising crude prices, tighter finances, and a weak monsoon pose risks. Inflation needs careful watching. Navigating the coming year requires adaptability to…

The Independent UK

Can you have a cappuccino after 11am? The Italy faux pas all tourists should know

It’s surprisingly easy to embarrass yourself while holidaying in Italy – having made the country her home for the past 17 years, Elizabeth Heath shares the ‘gaffes’ that travellers should look out for

The Economic Times

Oil prices tumble 11% for biggest weekly drop in 7 weeks. Where is liquid gold headed from here?

Global markets rallied as oil prices hit seven-week lows. Hopes for a peace deal between the US, Israel, and Iran eased inflation fears. Brent crude and WTI saw sharp declines. Diplomatic efforts continue, but differing descriptions of a potential deal persist. Geopolitical tensions remain a factor. Analysts suggest restoring normal…

The Economic Times

Quarter of big oil tankers trapped by Iran war have escaped

Twenty-nine of 109 vessels capable of hauling 700,000 barrels or more have crossed the Strait of Hormuz, with many switching off navigation instruments to avoid hostilities.

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