Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to higher premiums. Russian oil discounts have largely disappeared, while Venezuelan discounts have narrowed. Refiners are turning to costlier spot markets and distant suppliers as disruptions squeeze term-deal supplies.
The Economic Times
Original source
Economists expect annual inflation to the end of September to slow to around 3.9 percent, driven by the easing in fuel prices in July and August.
Renewable energy company's vision of a solar farm in every community takes a major step forward as it enters the sharemarket.
Integration of IronSight AI's image recognition with Fast Iron's inventory management and e-commerce platform lets heavy equipment dealers identify, list and sell used parts and attachments from a single smartphone photo.
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