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Aviation Fuel Prices Hiked by ₹5/Litre Effective August 1

Aviation Fuel Prices Hiked by ₹5/Litre Effective August 1

Indian Oil rules out shift from Gulf crude despite regional conflict

Indian Oil rules out shift from Gulf crude despite regional conflict

Middle East Petrochemical Outages: The 2027 Global Polymer Supply Shock

Middle East Petrochemical Outages: The 2027 Global Polymer Supply Shock

Rethinking furnace oil

Rethinking furnace oil

Heat waves put pressure on the European electricity system

Heat waves put pressure on the European electricity system

India's Iron Ore Boom: New opportunities for South Africa

India's Iron Ore Boom: New opportunities for South Africa

Crude oil falls more than $1 on greater flows despite US-Iran war

Crude oil falls more than $1 on greater flows despite US-Iran war

Crude oil futures fall 3% to ₹7,811/barrel amid easing supply concerns

Crude oil futures fall 3% to ₹7,811/barrel amid easing supply concerns

Oil Prices Inch Higher as Iran Strikes U.S. Bases in Kuwait and Bahrain

Oil Prices Inch Higher as Iran Strikes U.S. Bases in Kuwait and Bahrain

MRPL Asks Crude Suppliers To Avoid Red Sea And Strait Of Hormuz Routes

MRPL Asks Crude Suppliers To Avoid Red Sea And Strait Of Hormuz Routes

Six Saudi Oil Tankers Reroute Around Africa to Dodge Houthi Threat

Six Saudi Oil Tankers Reroute Around Africa to Dodge Houthi Threat

Higher oil prices could push Fed to resume rate hikes later this year: ICICI Bank report

Higher oil prices could push Fed to resume rate hikes later this year: ICICI Bank report

ADNOC Buys Five Supertankers as Hormuz Crisis Tightens Shipping

ADNOC Buys Five Supertankers as Hormuz Crisis Tightens Shipping

The Commodities Feed: Oil slips as more crude flows out of Persian Gulf

The Commodities Feed: Oil slips as more crude flows out of Persian Gulf

Caspian Oil Pipeline Shuts Down Again After Black Sea Drone Attack

Caspian Oil Pipeline Shuts Down Again After Black Sea Drone Attack

Crude oil futures fall despite continued US-Iran strikes

Crude oil futures fall despite continued US-Iran strikes

INA Solar Launches 'Azaadi Mahotsav 2026' Campaign to Boost Solar Adoption

INA Solar Launches 'Azaadi Mahotsav 2026' Campaign to Boost Solar Adoption

Winding Wires Poised To Benefit From India's Power Expansion

Winding Wires Poised To Benefit From India's Power Expansion

Copper Set for Weekly and Monthly Gains

Copper Set for Weekly and Monthly Gains

With weak downstream consumption at month-end, suppliers had to lower prices to sell. [SMM South China Spot Copper]

With weak downstream consumption at month-end, suppliers had to lower prices to sell. [SMM South China Spot Copper]

Latest Market News

Daily Report News

Methane abatement in India’s coking coal push: Opportunities and costs

Methane abatement in India’s coking coal push: Opportunities and costs

Energy & Petroleum

Hellenic Shipping

India's rising coking coal production to meet steel sector demand will increase methane emissions, necessitating stronger policy support and cost-effective abatement technologies to mitigate environmental impact.

64

Iraq eyes supplying Turkey with 1 million oil barrels a day amid Hormuz crisis

Iraq eyes supplying Turkey with 1 million oil barrels a day amid Hormuz crisis

Hellenic Shipping

Iraqi Prime Minister Ali Zeydi offered to supply Turkey with one million barrels of oil per day during talks in Ankara to help reduce its dependence on disrupted Gulf routes.

65

Iraq and Turkey strike a 1-year oil pipeline deal to boost exports during ongoing Hormuz closures

Iraq and Turkey strike a 1-year oil pipeline deal to boost exports during ongoing Hormuz closures

Hellenic Shipping

Iraq and Turkey signed a one-year pipeline deal to boost Mediterranean oil exports and diversify routes, reducing reliance on vulnerable Gulf shipping lanes amid ongoing closures.

SPDCL shifts to monthly solar settlements

SPDCL shifts to monthly solar settlements

Energy & Petroleum

energy.economictimes.indiatimes.com

APSPDCL has shifted to monthly bill settlements for grid-connected rooftop solar consumers, ensuring faster and more transparent payments for surplus power exported to the grid to promote renewable energy.

Global oil shock offers boost for EV switching, fossil phaseout: IEA

Global oil shock offers boost for EV switching, fossil phaseout: IEA

Energy & Petroleum

Hellenic Shipping

Middle East conflict-driven oil shocks are accelerating global electric vehicle adoption, with the IEA projecting the transition to displace 5 million barrels of oil daily by 2030.

94

Namma Metro records heavy losses despite 1.1 million daily riders

Namma Metro records heavy losses despite 1.1 million daily riders

thehansindia.com

Despite 1.1 million daily riders, Bengaluru's metro reported cumulative losses exceeding Rs1,164 crore over three years, prompting BMRCL to seek a revised fare structure to manage mounting operational expenses.

1219

Finnish, Indian firms partner to develop biogas plants in India

Finnish, Indian firms partner to develop biogas plants in India

Energy & Petroleum

dailyfinland.fi

Finland's Arciplug and India's Infistar formed a joint venture to deploy 150 modular compressed biogas plants across India in five years, offering faster commissioning and lower operating costs.

22

Beyond defense: why India and Israel should build the factories of the future

Beyond defense: why India and Israel should build the factories of the future

India and Israel should partner in heavy equipment, automation, and robotics by combining India's manufacturing scale with Israel's AI innovation to build resilient 21st-century supply chains.

Power Loss Knocked Out 2 of 3 Pumps, Left Manish Nagar RUBs Flooded

Power Loss Knocked Out 2 of 3 Pumps, Left Manish Nagar RUBs Flooded

timesofindia.indiatimes.com

Heavy downpour caused severe flooding at Manish Nagar underpasses after power loss crippled two of three pumps. Authorities plan to improve infrastructure and coordination to prevent future waterlogging.

Panel Calls for Overhaul of India’s Energy Data Systems

Panel Calls for Overhaul of India’s Energy Data Systems

deccanchronicle.com

An expert panel recommended overhauling India's fragmented energy data systems into a real-time framework to track biofuels, EV demand, and imported coal, supporting climate action and evidence-based policymaking.

61

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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