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India’s largest oil company turns to Africa for cheaper cooking gas as Algeria offers lower prices than Saudi Arabia

India’s largest oil company turns to Africa for cheaper cooking gas as Algeria offers lower prices than Saudi Arabia

Indian refiners boost July crude throughput as fuel consumption climbs

Indian refiners boost July crude throughput as fuel consumption climbs

More than fuel: Oil’s role in modern manufacturing is bigger than you think

More than fuel: Oil’s role in modern manufacturing is bigger than you think

Oil Prices Head for Second Straight Weekly Gain as Iran Risks Mount

Oil Prices Head for Second Straight Weekly Gain as Iran Risks Mount

Premium Petrol Sales Rise to 15% as Drivers Avoid E20 Fuel

Premium Petrol Sales Rise to 15% as Drivers Avoid E20 Fuel

Tankers Wait a Month as Venezuela Hits an Oil Export Ceiling

Tankers Wait a Month as Venezuela Hits an Oil Export Ceiling

Iraq Wants to Double Oil Output—and Needs OPEC to Get Out of the Way

Iraq Wants to Double Oil Output—and Needs OPEC to Get Out of the Way

Crude oil price falls in futures trade on weak global cues

Crude oil price falls in futures trade on weak global cues

Crude oil price jumps over 1% as US issues fresh threats to Iran

Crude oil price jumps over 1% as US issues fresh threats to Iran

Crude oil price: Futures decline as US threatens ‘toughest sanctions’ on Iran

Crude oil price: Futures decline as US threatens ‘toughest sanctions’ on Iran

China’s Teapots Look Beyond Iranian Oil amid U.S. Blockade

China’s Teapots Look Beyond Iranian Oil amid U.S. Blockade

Saudi Oil Exports from Mediterranean Soar with Shuttles North to Avoid Houthis

Saudi Oil Exports from Mediterranean Soar with Shuttles North to Avoid Houthis

Iranian Oil Supply to China Is Rapidly Drying Up

Iranian Oil Supply to China Is Rapidly Drying Up

China’s Oil Imports Set to Rebound as Refiners Hunt for New Supply

China’s Oil Imports Set to Rebound as Refiners Hunt for New Supply

Oil Prices Head for Second Straight Weekly Gain as Iran Risks Mount

Oil Prices Head for Second Straight Weekly Gain as Iran Risks Mount

North Dakota oilfield activity to increase on higher prices

North Dakota oilfield activity to increase on higher prices

US natural gas rises as Texas heat outlook boosts power demand

US natural gas rises as Texas heat outlook boosts power demand

Crude oil price: Futures rise as UAE suspends economic ties with Iran

Crude oil price: Futures rise as UAE suspends economic ties with Iran

Tianjin Zinc: Zinc Price Rebounds, Market Turnover Deteriorates [SMM Noon Comment]

Tianjin Zinc: Zinc Price Rebounds, Market Turnover Deteriorates [SMM Noon Comment]

Shanghai zinc: SHFE zinc futures prices rose significantly, downstream users were afraid of high prices and hardly made inquiries or purchases [SMM Midday Comment].

Shanghai zinc: SHFE zinc futures prices rose significantly, downstream users were afraid of high prices and hardly made inquiries or purchases [SMM Midday Comment].

Latest Market News

Daily Report News

Mumbai Weather Keeps Roads Under Monsoon Pressure

Mumbai Weather Keeps Roads Under Monsoon Pressure

Mumbai expects humid conditions with light rain and temperatures between 27 C and 30 C. Intermittent showers may cause localized traffic delays and temporary water accumulation on vulnerable roads.

101

Maharashtra Hospitals Face New Patient Service Standards

Maharashtra Hospitals Face New Patient Service Standards

Maharashtra introduced a structured framework linking hospital size to staffing and diagnostics, requiring 74 diagnostic categories for 30-bed rural hospitals, rising to 134 for larger facilities to improve public healthcare access.

Navi Mumbai Roads Face Major Pothole Overhaul

Navi Mumbai Roads Face Major Pothole Overhaul

Infrastructure & Construction

Navi Mumbai is undertaking a citywide road-repair push before Ganeshotsav, utilizing geo-tagging, mastic geopolymer, and M-60 concrete technologies to fix potholes, recover costs from agencies, and ensure durable infrastructure.

Mumbai Adds Special Train For Kerala Travel

Mumbai Adds Special Train For Kerala Travel

Central Railway operates temporary special trains between Mumbai and Thiruvananthapuram with varied coach classes to accommodate high passenger demand during the Onam festival period.

98

Maharashtra NH 548A Bridges Set For Repairs

Maharashtra NH 548A Bridges Set For Repairs

Infrastructure & Construction

The Ministry of Road Transport and Highways invited bids for two special-repair packages covering bridges and culverts on NH-548A in Maharashtra, with bids due by September 19.

Maharashtra Pushes MICE Tourism Across Key Cities

Maharashtra Pushes MICE Tourism Across Key Cities

Maharashtra launched a dedicated MICE Bureau under its tourism policy to target private investments of one lakh crore rupees and create eighteen lakh jobs across key urban centers over a decade.

1116

Mumbai Rainfall Outlook Tests City Drainage Capacity

Mumbai Rainfall Outlook Tests City Drainage Capacity

Infrastructure & Construction

Mumbai expects intermittent monsoon showers, testing urban drainage, road maintenance, and public transport resilience. Authorities monitor stormwater systems as moderate rainfall causes localized water accumulation.

64

Mumbai Metro Line 3 Tightens Long Term Maintenance

Mumbai Metro Line 3 Tightens Long Term Maintenance

Infrastructure & Construction

Mumbai Metro Line 3 adopted ISO 55001 certification for asset management across its 33.5-km corridor to enhance long-term maintenance, lifecycle planning, and equipment reliability.

37

Between August 17 and August 22, 2026, as many as 20 Indian startups from diverse sectors raised over $469 million in funding from investors. These sectors include AI, Fintech, Quick commerce, Skincare, Healthtech, Healthcare, Cleantech, Robotics, Foodte

Between August 17 and August 22, 2026, as many as 20 Indian startups from diverse sectors raised over $469 million in funding from investors. These sectors include AI, Fintech, Quick commerce, Skincare, Healthtech, Healthcare, Cleantech, Robotics, Foodte

Between August 17 and August 22, 2026, 20 Indian startups across diverse sectors raised over $469 million in funding from investors, showing strong growth compared to the previous week.

81

Floating solar: Can it be India’s next renewable energy success story?

Floating solar: Can it be India’s next renewable energy success story?

Energy & Petroleum

indianexpress.com

India's solar capacity grows to 160 GW, facing land shortages. The Pradhan Mantri Surya Sarovar Yojana aims to develop 5,000 MW of floating solar projects, boosting renewable energy while conserving land.

25

Raw Materials Prices

Noble Bison

Secondary TMT

Fe 550D

8 & 32mm

EX - Wardha

Noble Bison

Secondary TMT

Fe 550D

10mm

EX - Wardha

Noble Bison

Secondary TMT

Fe 550D

12 to 25mm

EX - Wardha

Primary

Primary TMT

Fe 500D

12 to 32mm

EX - Ghaziabad

Primary

Primary TMT

Fe 500D

12 to 32mm

EX - Vijayanagar

Sangam

Secondary TMT

Fe 550D

12 to 25mm

EX - Chandrapur

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