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Abu Dhabi National Oil Company has reached an agreement to increase India’s strategic oil reserves to 30 million barrels.

2026-05-15

Abu Dhabi National Oil Company has reached an agreement to increase India’s strategic oil reserves to 30 million barrels.

Other News
2026-05-15

The German DAX 30 index closed down 497.63 points, or 2.04%, at 23,954.99 on Friday, May 15th; the UK FTSE 100 index closed down 185.27 points, or 1.79%, at 10,187.66 on Friday, May 15th; and the French CAC 40 index closed down 129.72 points, or 1.60

The German DAX 30 index closed down 497.63 points, or 2.04%, at 23,954.99 on Friday, May 15th; the UK FTSE 100 index closed down 185.27 points, or 1.79%, at 10,187.66 on Friday, May 15th; and the French CAC 40 index closed down 129.72 points, or 1.60%, at 7,952.55 on Friday, May 15th. The Euro Stoxx 50 index closed down 97.80 points, or 1.65%, at 5828.95 on Friday, May 15; the Spanish IBEX 35 index closed down 190.61 points, or 1.07%, at 17618.59 on Friday, May 15; and the Italian FTSE MIB index closed down 911.77 points, or 1.82%, at 49138.50 on Friday, May 15.
2026-05-15

1. The US approves the sale of H200 chips to 10 Chinese companies. 2. A South Korean anhydrous hydrofluoric acid supplier is reportedly raising prices for Samsung and SK Hynix, with a significant increase expected in June-July. 3. Samsung is report

1. The US approves the sale of H200 chips to 10 Chinese companies. 2. A South Korean anhydrous hydrofluoric acid supplier is reportedly raising prices for Samsung and SK Hynix, with a significant increase expected in June-July. 3. Samsung is reportedly developing new mobile memory packaging technology, potentially increasing bandwidth by up to 30%, initially for the Exynos 2800. 4. Jefferies: The Samsung strike could affect approximately 3% of global memory chip production. 5. Foxconn executive: Rising memory costs are putting pressure on production. 6. SMIC's Zhao Haijun: Dedicated memory chips remain in short supply. 7. Institution: Mobile DRAM contract prices remained strong in Q2 2026, compressing smartphone production. 8. Institution: Global AMOLED smartphone panel shipments in Q1 2026 are estimated at approximately 210 million units, a year-on-year decrease of 0.7%. 9. MAG Smart: Will closely monitor the memory chip market and adjust memory chip inventory accordingly.
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