Crude and gas supply concerns have eased amid reports that Israel and Hamas have struck a peace deal. The International Energy Agency estimates oil demand may drop slightly in calendar 24 but Opec probably has enough pricing power to maintain $80/ barrel Brent prices. Russia's share of India's crude imports remained strong at about 35 per cent in September 2023.
Gujarat Titans successfully acquired Johnson for Rs 10 crore
Marcus Stoinis, a limited-overs specialist, said that Delhi Capitals has a right balance.
Australia's top batsman Steve Smith says he is returning to the Big Bash League domestic tournament for the Sydney Sixers with an eye on next year's Twenty20 World Cup on home soil.
Australian all-rounder Glenn Maxwell on Friday smashed a scintillating 83 off 39 balls for Melbourne Stars in the Big Bash League T20 tournament, a day after being picked by Kings XI Punjab for a whopping Rs 10.75 crore at the IPL auction. Returning to action after taking a break to focus on his mental health, Maxwell once again showed just why he is considered one of the most devastating batsmen in T20 cricket as he smashed seven boundaries and five sixes during his stay at the crease.
After a spike in crude oil and gas prices in October following the Hamas terror attack, prices eased down 9 per cent month-on-month in November. The Organization of the Petroleum Exporting Countries (Opec) and Opec+ agreed to a further voluntary production cut in January-March 2024 to try and support global crude prices. The best guess here is that crude prices (currently at $75/barrel, or bbl) will not likely cross significantly above $80, and gas prices are also likely to remain subdued unless there's a further escalation in the Israel-Hamas conflict.
Lamichhane, who is currently out on bail -- an order released by the Patan High Court -- was arrested in November 2022, after a 18-year-old girl alleged that he raped her in a hotel room in Kathmandu in August 2022.
The Opec output has fallen slightly in November at around 29 million barrels a day since last August.
ONGC's January-March quarter results for the 2022-23 financial year (Q4FY23) indicated changes in the trends of the energy cycle as well as the impact of policy change in gas-pricing. The public sector oil and gas major reported standalone Ebitda (earnings before interest, tax, depreciation and amortisation) at Rs 16,340 crore, down 12 per cent year-on-year (YoY), and down 20 per cent quarter-on-quarter (QoQ). There was a net loss of Rs 250 crore due to exceptional items of Rs 9,240 crore for provisions related to the ongoing dispute regarding the applicability of service tax and goods and services tax on Royalty.
Netherlands' Kingma gets four-match suspension for ball-tampering.
The three-match ODI series between Australia and West Indies will start from February 2 till February 6 in Brisbane, Sydney, and Canberra respectively.
Star Australian opener David Warner "tired and exhausted" ahead of the upcoming four-Test series in India, starting in Nagpur on February 9.
Flamboyant all-rounder Glenn Maxwell actually lost consciousness and did not respond to efforts to wake him up before he was rushed to hospital after a late night drinking session in Adelaide last week, according to a report.
India's net oil import bill could widen to $101-104 billion in current fiscal from $96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of $7.9 billion in 11 months (April-February) of 2023-24, up from $5.1 billion in 2022-23.
Bailey confirmed that Warner will be selected for the West Indies series and will be expected to participate.
Afghanistan veteran all-rounder Mohammed Nabi expressed his happiness at joining Mumbai Indians (MI) for the upcoming Indian Premier League (IPL) season next year, saying that he looks forward to joining Indian stars like Rohit Sharma, skipper Hardik Pandya, number one T20I batter Suryakumar Yadav and pace spearhead Jasprit Bumrah.
Joining the raging debate around Impact Players in the IPL, Lucknow Super Giants consultant Adam Voges said he prefers something like the 'Power Surge' rule in the Australian Big Bash League where the batting team gets to decide a two-over phase of fielding restrictions.
A higher-than-expected consumer price inflation (CPI) print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive. The markets, analysts believe, partially factored in this possibility.
David Warner will play in the Big Bash League (BBL) for the first time in 10 seasons around the new year in a major coup for the Australian competition in an increasingly crowded Twenty20 marketplace.
West Asia tension will keep crude prices high
England all-rounder Tom Curran has been banned for four Big Bash League (BBL) matches after being found guilty of intimidating an umpire in a pre-match dispute, although the sentence will be appealed by Sydney Sixers, as reported by ESPNcricinfo.
International oil prices jumped to the highest level since 2014, topping $87 a barrel but domestic petrol and diesel prices remained unchanged for the 74th day in a row - a freeze that may be linked to ensuing assembly elections in states like Uttar Pradesh and Punjab. Brent - the key global oil benchmark - soared to $87.7 per barrel mostly due to rising geopolitical tensions and supply-side disturbances due to Yemen's Houthi group's attack on oil facilities in the United Arab Emirates. Also, global inventories are waning. The attack, some analysts believe, may lead to more hostile behaviour between the two power centres in the Middle East - Iran and Saudi Arabia.
Bit-hitting Lynn was announced as one of the marquee players in the International League T20.
He is an acclaimed T20 freelancer but white ball commitments for England is still a priority for Liam Livingstone, one of the world's most destructive batters in the shortest format.
Maxwell, who is the captain of Melbourne Stars in the BBL, became the 13th player from the franchise to test positive for the virus.
Blessed with a glut of superb all-rounders in B Sai Sudarshan, Abhinav Manohar and Vijay Shankar, as well as bowlers like Rahul Tewatia and Rashid Khan who can smoke the opposition bowling when the situation demands, Gujarat look set to put on another big show for their fans this season.
'You're rubbing shoulders with AB (de Villiers) and Virat (Kohli) for two months, talking to them while watching other games. It's just the greatest learning experience that any player could ask for.'
R Ashwin feels Pakistan will be the side to beat in Asia Cup and consistent performances from Babar Azam and Mohammad Rizwan will make them even more dangerous in the continental event.
Notwithstanding the windfall tax placing a cap on profits, oil and gas producers like Oil India (OIL) and Oil and Natural Gas Corporation (ONGC) have done well in the October-December quarter (third quarter, or Q3) of 2022-23 (FY23). ONGC faces the drag of poor results from its subsidiary Hindustan Petroleum Corporation, and in comparative terms, OIL is better off. Standalone net sales in Q3FY23 stood at Rs 5,900 crore - up 57 per cent year-on-year (YoY), up 2 per cent quarter-on-quarter (QoQ).
Pakistan chief selector Wahab Riaz, who had slammed fast bowler Haris Rauf for opting out of the Test series in Australia, has now defended the NOC given to him to play in the Big Bash down under.
From delivering food to delivering nightmares to opposition batters, Paul van Meekeren has made a name for himself.
David Warner credits daughters for his Big Bash League return
With as many as fourteen Australians taking part in the inaugural edition of the Women's Premier League, CA CEO Nick Hockley was happy to see the growth of women's cricket.
Top Australian women cricketers could earn more than A$1 million ($666,600) a year with increases from a new pay deal.
A lot of focus is on how Australia will cope with the dangerous Ravichandran Ashwin on turning tracks in India.
The 45-year-old coach said that while Maxwell was eager to get back into action as quickly as possible, his rehabilitation will take time because of the severity of the injury and the metal rod inserted in his foot.
The 36-year-old's selection as a "gold" pick for the Adelaide Strikers in Sunday's BBL draft presented a conflict with his central contract with New Zealand Cricket (NZC), which ran to next July.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
Paine has also been recently announced as an assistant coach for Australia A ahead of their upcoming series against New Zealand A which is set to begin next week.
Indian imports of Russian crude oil may stabilise or even decline in 2024 from record 2023 levels amid shrinking discounts, lower output, and a rebound in West Asian supplies, according to the ship-tracking data and industry executives. This may impact the billions of dollars in annual savings that India made last year. Imports of Russian oil jumped by a record 140 per cent in calendar 2023 to 1.79 million barrels a day (b/d) from 740,400 b/d in 2022, when Russia marched into Ukraine in February, and from just 102,000 b/d in 2021, according to the data from Paris-based market intelligence agency Kpler.
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