US oil industry

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Last Updated: Just Now

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Global Markets & Equities Just now (01:01 AM IST)

US Oil Industry Warns Diesel Prices May Stay Elevated for a Year

The US oil industry is warning that diesel prices may not return to normal for as long as a year, underscoring how a tight global fuel market is feeding through to farmers, truckers and other heavy users of distillates. The warning comes as geopolitical tensions and supply constraints keep pressure on refining margins and transportation costs, with ripple effects already visible across the US economy.

By RDU Global Wire5 min read

Defence, Intelligence & Aerospace11h ago

Saudi Oil Exports Hit Seven-Month High as Pipeline Outage Fails to Crimp Supply

Saudi Arabia's crude exports have climbed to their highest level since the Iran war began, underscoring the kingdom's ability to keep oil moving even after a drone attack damaged its key East-West pipeline. Trade intelligence data show shipments rebounding to 6 million barrels per day in September, easing fears of a deeper supply shock and helping pull Brent crude back from an earlier spike.

5 min readRead →

World Politics & Diplomacy23m ago

GM Bets on Bigger Engines as Chevy's New V8 Signals a Split Strategy for Cars and Trucks

General Motors is leaning into large-displacement powertrains again, unveiling a new 8.3-liter Duramax turbo-diesel V8 for its heavy-duty Chevrolet Silverado and GMC Sierra trucks while also reviving questions about how the company will manage maintenance and packaging across its lineup. The move underscores a broader industry tension: as fuel prices, emissions rules and customer expectations pull automakers in different directions, GM is betting that truck buyers will still pay for brute force, even as passenger cars move toward simpler, more sealed engine designs.

4 min readRead →

National Governance & PolicyJust now (06:45 AM IST)

Keralam to Transform Tourism with AI and Digital Innovation, Says Minister

Tourism Minister P.C. Vishnunadh announces a strategic shift in Keralam's tourism approach, emphasizing a holistic experience for visitors through AI and digital tools. This initiative aims to enhance the state's appeal beyond traditional destination-focused packages.

4 min readRead →

Energy, Power & CleanTechJust now (06:45 AM IST)

Gadkari Advocates Ethanol as Key to Boosting Farmer Incomes and Cutting Fuel Imports

Union Minister Nitin Gadkari emphasized the potential of ethanol in enhancing farmers' earnings and reducing India's fuel import dependency during the launch of a new bus service in Madhya Pradesh. He highlighted the recent surge in maize prices and the government's ambitious PM e-Bus Sewa initiative.

4 min readRead →

Macro Economy & Fiscal PolicyJust now (06:45 AM IST)

Cumulative FDI Surges to $843 Billion Amid Record Inflows in 2025-26

India's cumulative Foreign Direct Investment (FDI) has reached an unprecedented $843 billion from 2014 to 2026, with a record $94.53 billion inflow in the last fiscal year, according to Commerce and Industry Minister Piyush Goyal.

4 min readRead →

National Governance & PolicyJust now (06:45 AM IST)

Artix 5.0: A New Era for Emerging Artists in New Delhi

The Artix 5.0 hotel art fair opens its doors in New Delhi, showcasing 21 rooms filled with innovative works from emerging artists alongside the legacy of veteran KG Subramanyan. This year's edition emphasizes the fusion of tradition and modernity in the Indian art scene.

3 min readRead →

Global Markets & EquitiesJust now (06:45 AM IST)

Appeals Court Upholds State Regulation of Kalshi's Sports Prediction Markets

In a significant ruling, an appeals court has determined that states, including Ohio and Tennessee, have the authority to regulate Kalshi's sports prediction markets under existing gambling laws. This decision poses further challenges for the burgeoning prediction market sector as regulatory scrutiny intensifies.

4 min readRead →

World Politics & DiplomacyJust now (06:45 AM IST)

Alabama Teens to Get Custom TikTok Alternative After $100M Settlement

In a landmark settlement, TikTok agrees to pay Alabama $100 million, paving the way for a tailored social media platform aimed at addressing teen addiction concerns. The deal marks a significant shift in how social media companies engage with youth and their mental health.

4 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside US oil industry:

Washington, D.C.(1)United States(1)Financial Times(1)