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Oil heads for weekly gain on supply fears

Financial Express Hyderabad

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October 25, 2025

OIL PRICES EDGED up on Friday, extending the previous day’s surge and on track for a weekly gain as US sanctions on Russia’s two biggest oil companies over the war in Ukraine spurred supply concerns.

- ANNA HIRTENSTEIN

Brent crude futures rose 13 —having briefly been in contango this week.

That indicates a shift among trader concerns from oversupply to undersupply, allowing them to sell at near-month higher prices instead of paying for storing oil for future sale.

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Growth over last decade has been broad-based: FM

ACTUAL HOUSEHOLD CONSUMPTION data point to a decisive shift in India's growth trajectory, with the bottom 40% (B40) of the population accumulating wealth and assets far faster than the top 20% (T20), driving a sharp compression in inequality, Finance Minister Nirmala Sitharaman said on Monday.

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Tata Power to explore 20-50 MW small modular projects: CEO

TATA POWER WILL explore setting up small modular reactor (SMR) projects of 20-50 megawatt capacity post legal amendments required for the entry of private players into the nuclear space, a top company official said.

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Mebigo picks bankers for $200-mn IPO

MEBIGO LABS, THE operator of the audio platform Kuku FM, has hired banks for an initial public offering that could raise as much as $ 200 million, according to people familiar with the matter.

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India, Mexico start talks on trade pact

INDIA HAS STARTED discussions on a Preferential Trade Agreement (PTA) with Mexico to cushion the impact of steep tariff increase by it on the countries with which it does not have any Free Trade Agreement (FTA).

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Petrol, diesel costliest in Andhra Pradesh, cheapest in Andaman

PETROL AND DIESEL are costliest in Andhra Pradesh largely because of the highest VAT the state charges, while smaller states and Union Territories such as Andaman & Nicobar Islands have the lowest fuel prices, according to information furnished in the Rajya Sabha on Monday.

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DGCA panel visits IndiGo HQ amid crisis

THE FOUR-MEMBER panel, set up by Director General of Civil Aviation Faiz Ahmed Kidwai to investigate large-scale operational disruptions at domestic carrier IndiGo earlier this month, visited the airline's headquarters on Monday as part of the ongoing probe, sources said.

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360 ONE Asset raises ₹2.3K cr fund

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FMCG set for growth as GST issues wind down

A GST-LED FORMALISATION and more disposable incomes in the hands of people could support consumption growth, particularly in foods, some of the country's top FMCG CEOs said at the CII FMCG Summit in Mumbai on Monday.

time to read

2 mins

December 16, 2025

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