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EXPLAINED: Oil news topic | Vintage Vibes

Petrol and diesel prices at highest level in four years, new data shows

The average price of a litre of petrol at UK forecourts reached 170.54p on Tuesday, while diesel climbed to 192.86p, RAC said

The Independent UK

Clashes In The Middle East Continue To Escalate. Oil Keeps Climbing.

Brent crude, the international benchmark, topped $108 per barrel on Tuesday.

International Business Times

Russia, Venezuela and Trump’s oil push: the EU's awkward G20 energy summit

EU Energy Commissioner Dan Jørgensen heads to the G20 energy meeting in Houston as Brussels’ clean-energy strategy clashes with Washington’s push for “energy abundance” through greater oil and gas production. The presence of Russian and Venezuelan officials adds a further geopolitical complication.

Euronews

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'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha Nageswaran

India's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this positive economic outlook. Rising global interest rates and oil prices introduce volatility after a calm period. India's Chief Economic Adviser emphasizes the need for adaptation and innovation. Private sector investment and R&D…

The Economic Times

Why US markets, Dow Jones are down today: Nasdaq, S&P 500 trade lower as AI stocks steady; focus on Fed rate decision

US stocks were subdued on Tuesday as AI shares steadied after a global selloff, while rising oil prices and Treasury yields kept investors cautious. The Federal Reserve is widely expected to raise interest rates on Wednesday as the Iran conflict pushes energy prices higher and threatens to keep inflation elevated.

The Economic Times

Iranian Strikes Have Damaged Or Destroyed 'Hundreds Of Buildings And Structures' At U.S. Bases: Pentagon Report

Tehran's strikes have also hit "dozens" of aircraft by the end of June.

International Business Times

Current price of oil as of Sept. 15, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

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Saudi seeks Israel’s help as Pakistan keeps troops out of Houthi conflict

Israel and Saudi Arabia have held talks mediated by the US Central Command aimed at helping Riyadh defend itself against Houthi attacks through intelligence assistance, as cited by The Jerusalem Post.

The Times of India

Trump White House Reportedly 'Frustrated,' Searching for 'Magic Bullets' as Iran War Sends Gas Prices Soaring Before Midterms

The Trump administration is reportedly searching for ways to contain surging US fuel prices linked to the Iran war, increasing economic pressure ahead of the midterm elections.

International Business Times UK

Russia backs Trump's energy truce plan with Ukraine, seeks sanctions relief

The Kremlin on Tuesday welcomed US President Donald Trump’s proposal for Russia and Ukraine to stop striking each other’s energy facilities, but said an energy truce alone would not be enough to bring down fuel prices worldwide.

The Times of India

Foreign investors pull Rs 5,109 cr from govt bonds in 3 days amid global uncertainty

In a recent turn of events, foreign portfolio investors pulled out over Rs 5,109 crore from Indian government securities. This significant withdrawal was driven by global uncertainties and a declining rupee, alongside soaring crude oil prices and increasing US Treasury yields. Such conditions rendered Indian sovereign debt less appealing, prompting…

The Economic Times

Antarctica flights take off with fuel made from kitchen waste

Antarctica tourists flying from Cape Town will soon travel on fuel partly made from used cooking oil. South Africa’s Sasol is supplying sustainable aviation fuel to luxury operator White Desert, which runs trips costing up to $120,000, as Antarctic tourism faces pressure to reduce its environmental impact.

The Economic Times

Antarctica flights take off with fuel made from used cooking oil

The Economic Times

Africa's richest man's first business was selling sweets at school, now Aliko Dangote is wealthier than China's Jack Ma and Amazon co-founder MacKenzie Scott

Africa's richest man, Aliko Dangote, saw his net worth significantly increase after the Dangote Refinery IPO. The massive oil facility is now available to investors on the Nigerian Exchange. This offering aims to raise approximately 2.15 trillion Naira for the refinery. The refinery's equity is valued at around 63 trillion…

The Economic Times

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The Economic Times

Rupee slumps 38 paise to close at 95.92 against US dollar

The rupee fell 38 paise to close at 95.92 against the US dollar on Tuesday. Escalating Middle East conflict and soaring Brent crude oil prices weighed on the currency. Surging dollar demand from oil importers raised inflation and trade balance concerns. Domestic markets weakened, while global treasury yields and a…

The Economic Times

India's August soyoil, palm oil imports rise on stocking

India’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month high. Overall edible oil imports climbed to an 11-month high of 1.57 million tonnes, with heavy buying also causing congestion at major ports.

The Economic Times

RBI may hike repo rate 25 bps each in October, December, analysts say

Analysts expect the Reserve Bank of India to raise key policy rates soon. Headline inflation is projected to rise further, influencing this decision. Global factors like oil prices and US Federal Reserve actions also play a role. Economists suggest two rate hikes in October and December this year. This move…

The Texas Tribune

Inactive oil and gas wells to go under review at hearing

Under previous law, operators could keep inactive wells up indefinitely.

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The Economic Times

Sensex crashes over 1,400 pts from day’s high, Nifty below 23,150. 5 triggers behind Rs 9L cr wipeout

Indian markets faced a notable downturn, witnessing significant erosion of capitalisation. Factors like climbing US bond yields and escalating oil prices heightened inflation fears among investors. Anticipation of a rate hike by the Federal Reserve added to the market's woes. Additionally, growing geopolitical tensions in the Middle East, combined with…

The Economic Times

Global Market: Morgan Stanley turns hawkish, sees two Fed rate hikes in 2026

Morgan Stanley expects the US Federal Reserve and European Central Bank to raise interest rates further as persistent inflation and elevated oil prices complicate the monetary policy outlook. The brokerage sees additional Fed hikes this year and another ECB increase in December.

The Economic Times

Quote of the Day by Abraham Lincoln: 'The struggle of today, is not altogether for today, it is for a...' - Why it’s important to keep pushing today for a brighter tomorrow

The toil and dedication we invest today serve a greater purpose beyond our current needs. Abraham Lincoln's timeless wisdom highlights that our struggles today are the stepping stones to a brighter tomorrow. This truth resonates with students, parents, and communities alike, who earnestly pursue development. True advancement necessitates endurance and…

The Economic Times

Eurozone bond yields hit 17-year high as Middle East conflict drives inflation fears

Eurozone borrowing costs climb to multi-year highs as surging oil prices and rising US Treasury yields intensify inflation concerns. Investors expect central banks to keep interest rates higher for longer, while heavy government borrowing, corporate debt issuance and geopolitical risks add pressure to bond markets.

The Guardian - UK

Scrap windfall tax on oil and gas firms early, North Sea industry urges

Labour should replace levy in 2027 rather than 2030 as energy bills are poised to surge over the winter, says lobby group

The Economic Times

Broadening inflation, Fed prompts traders to ramp up October India rate hike bets

Traders are increasingly anticipating an October interest rate hike from the Reserve Bank of India, influenced by rising oil prices and expanding inflation. This potential adjustment is further compounded by an expected hike from the Federal Reserve, prompting analysts at Citi and Deutsche Bank to revise their predictions. The shift…

The Economic Times

Bond market turmoil puts Fed Rate decision under spotlight

A global bond market selloff has put the Federal Reserve’s rate decision under the spotlight, with investors weighing the risks of another hike against a pause. Persistent inflation, rising oil prices, fiscal deficits and elevated Treasury yields have heightened concerns over the term premium and the outlook for long-term borrowing…

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