Rahul Deep Singh

VP India & China- Integrated Gas @shell. Tweeting - #LNG, #energytransition, #investing, #space, #nature. Views are personal

[Rahul Deep Singh @singhrahuld]

Wood Mackenzie forecasts Henry Hub prices building up to $5/MMBtu by 2035 on the back of strong demand for #natgas for AI led power generation and decline in associated gas production from 50% to 20% levels

https://t.co/zKEWVhfCIC

[Rahul Deep Singh @singhrahuld]

Shell #LNG Outlook tracks a decade of mega trends in the LNG industry since the outlook was first published with a 60% growth in the trade, emergence of US as the largest LNG exporter and China as the largest importer and a 10 fold increase in LNG as a bunker fuel!

[Kpler @Kpler]

Hormuz traffic sees a sharp d/d uptick

Confirmed Strait of Hormuz crossings rose to 70 on 24 June, up 105% day on day, as demining efforts advanced and operators increasingly used the Omani route. Commercial traffic accounted for most activity, with 53 transits, while low-risk vessels dominated the day’s profile. The US-Iran MoU framework and apparent lifting of the US blockade appear to have supported a short-term confidence boost, although IRGC warnings against use of the Omani route could create a new source of contention.

IMO-route use picked up slightly, but continued Dark routing, incomplete demining and unresolved issues over inspections, sanctions and future Strait governance mean the rebound is not yet a confirmed return to pre-crisis conditions.

Stay ahead of the market with #Kpler Insight: https://t.co/T7ZkXz7lzv

[Rahul Deep Singh @singhrahuld]

Summary take on the move from Grok: Scrapping the withholding tax and LTCG on G-Secs for FPIs is a smart, targeted move that should draw some incremental fresh debt inflows. It meaningfully lifts post-tax yields and removes a key friction for pension funds, insurers, and SWFs, making India more competitive versus other EMs. That said, this change alone won’t trigger a flood of capital; analysts see it as helpful “at the margin” rather than a game-changer, especially with ongoing global risk-off sentiment and equity outflows still dominating headlines.

On the rupee front, the policy acts as a modest supportive tailwind. By pulling in more stable, long-term forex via the debt route, it should help cushion external pressures (oil, geopolitics) and reduce some depreciation risk. Expect short-term stabilization near current levels (with RBI support), followed by 1–2% potential recovery or prevented further slide over the next 3–12 months — but only if inflows actually build and broader macro factors cooperate. No sharp strengthening on this alone.

Overall, it’s a pragmatic step toward deeper bond markets and lower borrowing costs, delivering incremental positive impact on both FII allocations and INR outlook without being a silver bullet. Markets will watch the actual debt flow numbers in the coming weeks for confirmation.

[Giovanni Staunovo🛢 @staunovo]

QatarEnergy extends force majeure until mid-August, Italy's Edison says https://t.co/S0808tiNpj

[Rahul Deep Singh @singhrahuld]

@connectgurmeet
I was intrigued by your post & tested the rationale with Grok on why GoI is not considering a CGT cut... Summary analysis below on pros & cons.

GoI’s FY26 direct tax haul hit just ~₹23.4 lakh crore — a mere 5% YoY growth against an 11% revised estimate, leaving an ₹81,000 crore shortfall and abysmal 0.6x buoyancy. FY27 targets now demand 15.25% growth just to balance the books. In this fiscal squeeze, North Block sees zero appetite for Laffer-curve bets on a CGT cut. Revenue foregone would have to be clawed back elsewhere, while the government has already spent political capital on middle-class income-tax relief that itself cost ₹1–1.9 lakh crore.

The 2024 uniform 12.5% LTCG (no indexation) + ₹1.25 lakh exemption was explicitly sold as simplification and parity across equity, property, gold & debt. A quick U-turn would shred that narrative, especially when domestic retail — now the dominant market force — already enjoys the exemption. FII outflows (₹1.66 lakh crore+ in 2025 alone) are multi-factor: US rates, dollar strength, high valuations, oil & rupee pressure. Tax tweaks alone won’t reverse them fast. Budget 2026 proved the point — buybacks shifted to CGT treatment and STT hiked (futures 0.02%→0.05%, options 0.1%→0.15%) — marginal moves only, no broad equity rate relief.

Instead, GoI is leaning toward low-revenue-impact targeted relief: RBI-recommended cut in 20% withholding tax on FPI interest from G-secs to support rupee defence. Classic fiscal conservatism — protect the revenue base first, avoid precedent-setting sops, and bet on structural growth + domestic flows + eventual global easing. A blunt CGT cut isn’t costless or guaranteed. If outflows or rupee stress turn acute, the calculus can shift — but as of May 2026, fiscal math still trumps market appeasement.

[CNBC-TV18 @CNBCTV18Live]

#JustIn | Government cuts #royalty charged on production of #crudeoil & #gas

[Rahul Deep Singh @singhrahuld]

CSR in India is at an inflection point, shifting from compliance and spending to accountability, outcomes, and long-term sustainability. In this article, I share some perspectives on turning CSR into enduring advantage.

https://t.co/dSukP278ZU

[Qasem Al-Ali @AlaliQasem]

JPMorgan just published the scariest oil chart I’ve ever seen.
World inventories are in freefall.
And when this line hits 6.8 — the global energy system doesn’t slow down.
It breaks. 🧵

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The UAE says a fire has erupted in a petroleum industrial site following a drone attack from Iran.

Brent crude oil prices surge over +6% on the news to $115/barrel.

[Science girl @sciencegirl]

India set a Guinness World Record by unfurling the largest national flag underwater at Radhanagar Beach showing the crystal-clear waters of the Andaman and Nicobar Islands as a world-class diving destination. https://t.co/j7quEJQT39

[Anas Alhajji @anasalhajji]

🇮🇳🇮🇳🇮🇳

12 million barrels of Venezuelan crude are sailing to India on 6 supertankers. This should replace a good chunk of the Iraqi oil India used to import

Map form @Kpler

[Reuters @Reuters]

BREAKING: The United Arab Emirates said it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy https://t.co/4BUHcdVlh1

[Nature is Amazing ☘️ @AMAZlNGNATURE]

A photo of a Bengal tiger charging photographed by Anuj Kumar Rawla

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices crash to $83/barrel as Iran officially reopens the Strait of Hormuz for the remainder of the ceasefire.

[Stephen Stapczynski @SStapczynski]

Global LNG exports are forecast to DROP this year for the first time in over a decade 🚢⚠️

This is a big turnaround. Analysts expected supply to rise by more than 7% in 2026. But now the Middle East conflict is choking supply

(Even during Covid, when demand fell, exports rose)

[Stephen Stapczynski @SStapczynski]

The war in the Middle East is choking LNG supply to Asia 🚢⚠️

Deliveries to Asia fell the the lowest level since 2020, when the Covid pandemic crashed demand

Not a single LNG shipment has gone through Hormuz since the war began over a month ago (throttling 20% of LNG supply)

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices are crashing, now down -21% over the last 8 hours.

[CNBC-TV18 @CNBCTV18Live]

#WestAsiaWar | #GIFTNIFTY Higher, Nifty Set To Open Near 24,000 On US-Iran 2-week Ceasefire Announcement Impact

GIFT Nifty Trading At A Premium Of Over 800 points

[Joe Mitoshi 👨🏻‍🚀 @CryptoSays]

What a sight!!! 😍