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Goldman raises oil forecasts as Gulf supply shock seen lasting longer

Goldman raises oil forecasts as Gulf supply shock seen lasting longer

China May Restart Fuel Exports as Domestic Stockpiles Surge

China May Restart Fuel Exports as Domestic Stockpiles Surge

Brent Tops $111 as Analysts Raise Forecasts on Hormuz Stalemate

Brent Tops $111 as Analysts Raise Forecasts on Hormuz Stalemate

Global oil demand for summer 2026

Global oil demand for summer 2026

Goldman warns of petrochemical shock, crude oil market eyes supply disruptions

Goldman warns of petrochemical shock, crude oil market eyes supply disruptions

Sensex drops 1,043 pts; realty shares tumble

Sensex drops 1,043 pts; realty shares tumble

India hits JACKPOT amid energy crisis, finds massive oil and gas reserves in...; will this resolve LPG and crude shortage?

India hits JACKPOT amid energy crisis, finds massive oil and gas reserves in...; will this resolve LPG and crude shortage?

THE HORMUZ PREMIUM: Geopolitical Risk Returns to the Heart of Global Energy Markets

THE HORMUZ PREMIUM: Geopolitical Risk Returns to the Heart of Global Energy Markets

HPCL Boosts LPG Volume, Cracks Down on Malpractice Amid Oil Swings

HPCL Boosts LPG Volume, Cracks Down on Malpractice Amid Oil Swings

ONGC Merges Petrochemicals to Boost Profit and Cut India's Imports

ONGC Merges Petrochemicals to Boost Profit and Cut India's Imports

The global petrochemical supply chain is fracturing. As the Strait of Hormuz remains restricted, the world’s supply of Naphtha, the primary feedstock for everything from ethylene to fertiliser, has hit a two-year price high. Asian manufacturers are declaring force

The global petrochemical supply chain is fracturing. As the Strait of Hormuz remains restricted, the world’s supply of Naphtha, the primary feedstock for everything from ethylene to fertiliser, has hit a two-year price high. Asian manufacturers are declaring force

What is the role of Petroleum Planning and Analysis Cell (PPAC)?

What is the role of Petroleum Planning and Analysis Cell (PPAC)?

From deterrence to development: India’s nuclear shift towards energy security

From deterrence to development: India’s nuclear shift towards energy security

India's Energy Security Drive Fuels Massive Spending Amid Rising Risks

India's Energy Security Drive Fuels Massive Spending Amid Rising Risks

Surfactants Price in India - Market Insights

Surfactants Price in India - Market Insights

Energy security to drive multi-year capex cycle in India, investors should buy on dips, says 360 ONE

Energy security to drive multi-year capex cycle in India, investors should buy on dips, says 360 ONE

Japan's energy security response is creating a renewables blind spot

Japan's energy security response is creating a renewables blind spot

$100 oil could unlock 2.1 million bpd of additional South American crude supply

$100 oil could unlock 2.1 million bpd of additional South American crude supply

SMM’s Visit to ZCCM-IH: Joint Push for Copper Industry Chain Collaboration

SMM’s Visit to ZCCM-IH: Joint Push for Copper Industry Chain Collaboration

Early Market Trading Volume Declined Overall, Demand Weakened but Transaction Center Held Steady [SMM Yangshan Spot Copper]

Early Market Trading Volume Declined Overall, Demand Weakened but Transaction Center Held Steady [SMM Yangshan Spot Copper]

Latest Market News

Daily Report News

Congress Raises Voice Over Water and Power Crisis, Submits Deputation To Dharmanagar Sub-Divisional Magistrate.

Congress Raises Voice Over Water and Power Crisis, Submits Deputation To Dharmanagar Sub-Divisional Magistrate.

Energy & Petroleum

tripurastarnews.com

The Congress submitted a deputation to the Dharmanagar SDM on April 28, 2026, highlighting severe water, power, and road issues in North Tripura. They urged prompt action, with the administration assuring examination and measures to resolve the crisis.

Gusty winds disrupt power, water pumps of Hyderabad Metro Water Supply and Sewerage Board hit

Gusty winds disrupt power, water pumps of Hyderabad Metro Water Supply and Sewerage Board hit

Hyderabad's water supply was disrupted for the fourth time in three days, and twice on April 28, due to power failures at Kalabgoor and Rajampet pumping stations. Pumping operations halted around 4:45 p.m.

1215

PLI scheme distorts 2-wheeler market, sidelines innovation-led firms

PLI scheme distorts 2-wheeler market, sidelines innovation-led firms

The PLI scheme for 2-wheelers distorted the market, sidelining innovation. Non-PLI firms' sales growth plummeted from 407% (FY22) to -33% (FY24) and -11% (FY25), despite leading electric motorcycle development, facing funding constraints.

7 smart electrical solutions to keep your home comfortable this summer

7 smart electrical solutions to keep your home comfortable this summer

timesofindia.indiatimes.com

India's summers drive a 41% surge in peak electricity demand. Seven smart electrical solutions, including energy-efficient fans, LEDs, and smart automation, can boost home comfort and efficiency, tackling the 10% rise in energy use.

1016

Hydropower expert says to conserve water, as mandatory restrictions likely in May

Hydropower expert says to conserve water, as mandatory restrictions likely in May

North Carolina faces an 8-month drought, nearing 2007 levels. Mandatory water restrictions (Stage 2) are likely by May, impacting irrigation and recreation. Duke Energy urges conservation, as recent rain offered little relief, and prolonged rainfall is needed to replenish basins.

1114

Two Indians, their firms face US sanctions for alleged links with Mexico-based drug cartel

Two Indians, their firms face US sanctions for alleged links with Mexico-based drug cartel

Two Indians and their firms, SR Chemicals and Agrat Chemicals, face US sanctions from April 23 for allegedly supplying precursor chemicals for illicit fentanyl to a Mexico-based cartel. They were arrested in March 2025 and charged under NDPS Act.

Energy transition at inflection point: Anil Kakodkar sees nuclear and hydrogen driving the future

Energy transition at inflection point: Anil Kakodkar sees nuclear and hydrogen driving the future

Energy & Petroleum

newindianexpress.com

Anil Kakodkar states nuclear power and hydrogen are pivotal for the global energy transition, moving from fossil fuels to electricity-centric systems. Nuclear heat can produce cheaper hydrogen. Thorium is seen as the future global energy source, especially for emerging economies.

1112

Motherson Sumi Wiring Q4 FY26 revenue jumps 33% to ₹3,335 cr; FY26 sales cross ₹11,400 cr mark

Motherson Sumi Wiring Q4 FY26 revenue jumps 33% to ₹3,335 cr; FY26 sales cross ₹11,400 cr mark

fortuneindia.com

MSWIL's FY26 revenue jumped 23.2% to ₹11,478 cr, crossing ₹100 billion, driven by strong OEM demand and greenfield expansion. Q4 revenue rose 32.6% to ₹3,335 cr. Profitability was subdued due to high copper prices.

Gadkari Flags Road Project Delays by BRO

Gadkari Flags Road Project Delays by BRO

Infrastructure & Construction

money.rediff.com

Gadkari flagged BRO road project delays and cost overruns, citing poor planning, accountability, and quality issues. He urged modernization, strict penalties, and better DPRs for timely, quality infrastructure.

27

Hydrogen could outperform electric in long transport; thorium seen as future fuel: Ex BARC Director

Hydrogen could outperform electric in long transport; thorium seen as future fuel: Ex BARC Director

Energy & Petroleum

tribuneindia.com

Former BARC Director Anil Kakodkar states hydrogen could outperform electric for long transport. He emphasizes nuclear energy for cheaper hydrogen and sees thorium as the future global fuel, crucial for emerging economies' energy security amidst global transition.

Raw Materials Prices

Sangam

Secondary TMT

Fe 550D

12 to 25mm

EX - Wardha

B-Index

Secondary TMT

Fe 500

12 to 25mm

EX - Gurugram

MOIRA

Secondary TMT

Fe 550

12mm

EX - Wada

GAJKESARI

Secondary TMT

Fe 500

12mm

EX - Jalna

BHAGWATI

Secondary TMT

Fe 500

12mm

EX - Nashik

Vinayak

Secondary TMT

Fe 500

12 to 25mm

EX - Hyderabad

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