Earlier, the price of bottled soyabean oil was Rs 187 per litre. Meanwhile, the price of unbottled soyabean oil was fixed at Rs 176 and that of palm oil at Rs 135 per litre. The price of a 5 liter bottle of soybean oil was fixed at Rs 960. Claiming high price of soybean and […]
The supply of sugar, wheat, pulses and gram is dependent on imports and prices of these commodities are rising in the global markets. The rising dollar value also increases the import cost as the US dollar had increased from Rs 86 per dollar to Rs 105 per dollar before last Ramzan. Traders claimed that the […]
She said that they are currently building 100 economic zones across the country and offered land in economic zones to India, “I want Indian investors to invest in economic zones.” The Prime Minister thanked the Government of India and its people for extending unconditional support to Bangladesh during the Liberation War in 1971, as well […]
Putin said, “What we heard yesterday, Putin said… He did not mention the word talks or peace even once. India has very skillful diplomacy, very good diplomacy, if they want to move forward they have to find a good moment to step in. What I can say is the moment is not yet,” said the […]
Meanwhile, some experts and members of the public are concerned about safety following the 1986 Chernobyl disaster in Ukraine and the 2011 Fukushima nuclear reactor crisis in Japan. Mohd, a 30-year-old waiter at a restaurant opposite Rooppur nuclear plant. Millen said, “I don’t want to imagine what could happen in the unlikely event of an […]
Wholesale natural gas prices in Europe fell to their lowest level since November 2021 as mild winter weather dampened demand, erasing all gains seen last year amid Russia’s invasion of Ukraine.
The European Union will ban imports of the Russian oil product on which it relies for much of its diesel until February 5. “(The) next trigger point is February 5. Unless something dramatic happens geopolitically…we are in a stable position,” Jain said. Jain said that so far Indian companies are not facing any problem in […]
In March, Economy Minister Robert Habek set a target of turning around Russian energy by mid-2024, although many economists and power industry players believe this is too ambitious. For example, Marcel Fratzscher, president of the German Institute for Economic Research, and Markus Kreber, CEO of RWE RWEG.de, Germany’s largest electricity producer, believe this will not […]
“Moscow is already working on circumventing the ban on insurance by offering its own insurance to potential customers through its state-controlled Russian National Reinsurance Company,” said Edoardo Campanella, analyst at UniCredit Bank. An executive of an oil shipping company, who wished to remain anonymous, said, “I think it will take at least a week or […]
On Sunday, the OPEC+ oil cartel, led by Saudi Arabia and Russia, opted to extend an output cut of two million barrels per day approved in October. Washington said these cuts are tantamount to “aligning with Russia” over the war in Ukraine. Since the end of World War II, the US with Saudi Arabia has […]
New York’s three main indices fell after another day in the red after the heads of Wall Street’s major banks warned of tough times ahead in 2023.
future cash flow As crude oil prices have fallen, US officials’ language around the price cap has evolved from “reducing” Russia’s revenues to “limiting” future cash flows. US Deputy Treasury Secretary Wally Adeyomo said on Thursday that the cap “will lead to Russia going forward to earn less revenue and less money to invest in […]
Four oil industry executives said Turkey had demanded new proof of full insurance coverage for any ships navigating its straits in light of the measures, the Financial Times reported. Turkey’s Ministry of Transport and Infrastructure did not immediately respond to a Reuters request for comment. The ships dropped anchor near the Bosphorus and the Dardanelles, […]
Moscow’s threat to suspend deliveries to countries that adhere to the price cap would put it “in some very uncomfortable positions”, said OANDA analyst Craig Erlam: “between losing access to cheap Russian crude or facing G7 sanctions”. to select”. UniCredit analyst Edward Moya said the choice of a virtual OPEC+ meeting, rather than an in-person […]
The attacks have caused widespread blackouts, and cut off water supplies and heating to civilians when temperatures in some areas dropped to minus five degrees Celsius (41 degrees Fahrenheit). Authorities have scheduled power cuts several times a day to keep essential infrastructure working. In eastern Ukraine, where fighting is still raging, the governor of the […]