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Tariff risks to weigh on crude supply: RIL warns
The New Indian Express Bengaluru
|August 08, 2025
RELIANCE Industries, which runs the world's largest single-location oil refinery with a 60 million tonne of refining capacity, on Thursday, warned that the continuing geopolitical and tariff-related uncertainties could disrupt trade flows and the demand-supply balance in its oil-to-chemicals business.
The company, in FY25 annual report on Thursday, said though it expects crude prices to remain volatile amid evolving sanctions, changing tariff regimes and output decisions by oil cartel OPEC and non-OPEC members, oil demand is likely to maintain growth despite growing electric vehicle adoption as the economy is on a strong footing.
Dit verhaal komt uit de August 08, 2025-editie van The New Indian Express Bengaluru.
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The New Indian Express Bengaluru
Centre trying to starve the poor by weakening welfare schemes: Rahul
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Ties that strangle
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'Steroid use key trigger for secondary glaucoma'
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Unit to take on gangsters operating from abroad
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1 mins
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NC, BJP livid as Mehbooba calls for separate Chenab-Pir Panjal division
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In a first, members can digitally mark attendance in Budget session
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1 mins
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Twin deaths in one SAI centre a shocker; issues must be addressed fast
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3 mins
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Heritage boom: Lakkundi land prices see record highs
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Panel to probe Indore deaths, Oppn sees red
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1 min
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