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The world’s largest refinery can swallow 1.4 million barrels a day, and Jamnagar shows why oil still rewards absurd scale

The world’s largest refinery can swallow 1.4 million barrels a day, and Jamnagar shows why oil still rewards absurd scale

EV Boom Could Reduce Global Oil Demand by Late 2027

EV Boom Could Reduce Global Oil Demand by Late 2027

India extends ADD on Chinese PET resin; textile impact likely limited

India extends ADD on Chinese PET resin; textile impact likely limited

Indian refiners see crude throughput slide over five per cent in May

Indian refiners see crude throughput slide over five per cent in May

Assam-Nagaland oil pact raises hope for Northeast’s energy future | Hindustan Times

Assam-Nagaland oil pact raises hope for Northeast’s energy future | Hindustan Times

OPINION | Asia gets its crude oil back but refined product flows still lag

OPINION | Asia gets its crude oil back but refined product flows still lag

Govt bonds walk tightrope on steady oil price, shaky US-Iran truce

Govt bonds walk tightrope on steady oil price, shaky US-Iran truce

Recycling Technologies in Road Construction

Recycling Technologies in Road Construction

India's Oil Comeback: How Refiners Navigated the Strait of Hormuz Crisis

India's Oil Comeback: How Refiners Navigated the Strait of Hormuz Crisis

High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind

High oil prices drive a surge in Chinese electric vehicle sales, but charging networks lag behind

10-year yield steady at 6.85% as traders track crude, US-Iran peace talks for cue

10-year yield steady at 6.85% as traders track crude, US-Iran peace talks for cue

Oil prices today: Crude falls after US-Iran talks in Switzerland conclude; Brent below $80

Oil prices today: Crude falls after US-Iran talks in Switzerland conclude; Brent below $80

Govt of India may extend import duty exemption on 40 petrochemical products beyond June 30

Govt of India may extend import duty exemption on 40 petrochemical products beyond June 30

Oil Export Curbs Waived, Frozen Assets Released: Iran Details Outcome After First Round Of US Talks

Oil Export Curbs Waived, Frozen Assets Released: Iran Details Outcome After First Round Of US Talks

Live - US, Iran agree on roadmap for final deal despite early tensions | Iran International

Live - US, Iran agree on roadmap for final deal despite early tensions | Iran International

Asia top stories – weekly summary

Asia top stories – weekly summary

Energy markets remain complacent despite significant supply shock

Energy markets remain complacent despite significant supply shock

OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security

OPEC hikes 2050 oil demand forecast again, citing world’s pivot to energy security

Europe top stories: weekly summary

Europe top stories: weekly summary

Qatar Races to Restore LNG Exports Despite Ras Laffan Setback

Qatar Races to Restore LNG Exports Despite Ras Laffan Setback

Latest Market News

Daily Report News

Gold prices slip as stronger dollar, Fed hike bets weigh

Gold prices slip as stronger dollar, Fed hike bets weigh

Hellenic Shipping

Gold prices slipped about 1.5% as a stronger U.S. dollar and rising Federal Reserve interest-rate hike expectations weighed on demand for the non-yielding metal, with investors also eyeing U.S.-Iran peace talks.

1211

NITI Aayog proposes pharma chapter for future FTAs, urges India to move up value chain

NITI Aayog proposes pharma chapter for future FTAs, urges India to move up value chain

The Economic Times

NITI Aayog proposes a pharma chapter for FTAs, urging India to move up the value chain from volume to deeptech innovation. It notes 65% API import dependence on China and aims for India to become a pharma innovation capital.

122

Ethanol blending programme safe, use of E20 won't affect vehicle insurance validity: Govt

Ethanol blending programme safe, use of E20 won't affect vehicle insurance validity: Govt

Energy & Petroleum

The Economic Times

The government affirms India's ethanol blending program is safe, dismissing E20 fuel insurance concerns. It saved Rs 1.4 lakh crore in foreign exchange, boosted farmers' income, and enhances energy security, aligning with global practices like Brazil's E27 blend.

ONGC in talks to acquire PDVSA stakes in two Venezuela oilfields

ONGC in talks to acquire PDVSA stakes in two Venezuela oilfields

Energy & Petroleum

The Economic Times

ONGC seeks to acquire PDVSA stakes in Venezuela's San Cristobal and Carabobo fields, pending US licence. This aims to boost oil production to 45,000-50,000 bpd and recover $500M in stuck dividends.

1118

Canada to see major increase in H2 oil, gas drilling, higher EandP activity: trade group

Canada to see major increase in H2 oil, gas drilling, higher EandP activity: trade group

Energy & Petroleum

Hellenic Shipping

Canadian Association of Energy Contractors predicts a major increase in oil and gas drilling in Western Canada in H2 2026 due to higher crude prices and E&P activity.

59

Has the oil price bubble burst?

Has the oil price bubble burst?

Energy & Petroleum

Hellenic Shipping

Brent oil prices have seen significant volatility. A US-Iran MoU has eased global economic fears, leading to sharply negative oil market sentiment, as experts assess future developments.

72

BHP: Time to get real about steel technology change and met coal

BHP: Time to get real about steel technology change and met coal

Energy & Petroleum

BHP's steel decarbonization strategy, prioritizing CCUS and met coal, is criticized as ineffective, with Scope 3 emissions hitting 378 Mt by FY2025. A new CEO on July 1st could shift focus to DRI technology.

1211

Ahmedabad Traffic Congestion Raises Urban Livability Concerns

Ahmedabad Traffic Congestion Raises Urban Livability Concerns

Infrastructure & Construction

Ahmedabad's traffic congestion, driven by urban growth and vehicle ownership, raises environmental, economic, and public health concerns. Solutions include public transport, traffic management, and sustainable urban planning for livability.

Ahmedabad Investors Seek Greater Financial Accountability

Ahmedabad Investors Seek Greater Financial Accountability

An investment dispute in Gujarat's finance hub highlights calls for greater financial accountability, independent reviews, and forensic assessments. This renews focus on investor protection, regulatory oversight, and transparency to strengthen confidence in India's expanding investment landscape.

Ahmedabad Land Auction Signals Commercial Growth Momentum

Ahmedabad Land Auction Signals Commercial Growth Momentum

Infrastructure & Construction

Ahmedabad's high-value land auction signals strong commercial growth momentum and rising investor confidence. The transaction reflects increasing demand for premium urban locations amid economic diversification and infrastructure upgrades.

35

Raw Materials Prices

Secondary TMT

Fe 500

10-25 mm

EX - Bangalore

Secondary TMT

Fe 500

10-25 mm

EX - Jalna

Secondary TMT

Fe 500

10-25 mm

EX - Chennai

Secondary TMT

Fe 500

10-25 mm

EX - Raigarh

Secondary TMT

Fe 500

10-25 mm

EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

EX - Jaipur

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