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EIA sees Brent crude at USD 85 in Q3, expects prices to ease to USD 69 in 2027

EIA sees Brent crude at USD 85 in Q3, expects prices to ease to USD 69 in 2027

What the Hormuz crisis has cost fossil fuel importers — March to August 2026

What the Hormuz crisis has cost fossil fuel importers — March to August 2026

Trinity Cleantech Showcases Next-Generation Energy Infrastructure

Trinity Cleantech Showcases Next-Generation Energy Infrastructure

Indian benchmark indices open mixed as Brent slips to USD 86 amid hopes of Hormuz progress

Indian benchmark indices open mixed as Brent slips to USD 86 amid hopes of Hormuz progress

Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?

Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?

India emerges as Kenya’s new fuel lifeline as West Asia supply disruptions deepen

India emerges as Kenya’s new fuel lifeline as West Asia supply disruptions deepen

India incurs $22.5 billion additional fossil fuel import costs in March-August 2026: CREA

India incurs $22.5 billion additional fossil fuel import costs in March-August 2026: CREA

Hormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary Corridor

Hormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary Corridor

Japan to Unveil New Oil Diversification Strategy

Japan to Unveil New Oil Diversification Strategy

CBOT soybean oil falls 7% as US biofuel policy uncertainty weighs on demand outlook

CBOT soybean oil falls 7% as US biofuel policy uncertainty weighs on demand outlook

Why Oil's War Premium Is Unwinding Again

Why Oil's War Premium Is Unwinding Again

Indian Refiners Widen Oil Search

Indian Refiners Widen Oil Search

The Commodities Feed: Oil falls as Strait of Hormuz talks advance

The Commodities Feed: Oil falls as Strait of Hormuz talks advance

Crude Oil Inventories Surge, Defying Forecasts and Previous Trends

Crude Oil Inventories Surge, Defying Forecasts and Previous Trends

Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening

Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening

Indian refiners widen oil search as attacks hurt Russian flows

Indian refiners widen oil search as attacks hurt Russian flows

Higher crude oil prices risk demand destruction, says Mirae Asset Sharekhan

Higher crude oil prices risk demand destruction, says Mirae Asset Sharekhan

Crude Check: Oil futures can scale higher

Crude Check: Oil futures can scale higher

Ningbo Zinc: Downstream Players Continue to Watch from the Sidelines Amid High Prices, Purchase Willingness Is Poor [SMM Noon Review]

Ningbo Zinc: Downstream Players Continue to Watch from the Sidelines Amid High Prices, Purchase Willingness Is Poor [SMM Noon Review]

The SHFE/LME price ratio is inverted and the backwardation structure widens, downstream purchase willingness is weak [SMM Yangshan spot copper]

The SHFE/LME price ratio is inverted and the backwardation structure widens, downstream purchase willingness is weak [SMM Yangshan spot copper]

Latest Market News

Daily Report News

India, Canada set $70 billion trade target, widen economic partnership

India, Canada set $70 billion trade target, widen economic partnership

The Economic Times

India and Canada launched their inaugural Economic and Financial Dialogue, setting a $70 billion bilateral trade target by 2030 to strengthen investments, financial cooperation, and resilient supply chains.

Faster KYC, nods key to boosting FDI flows: Piyush Goyal

Faster KYC, nods key to boosting FDI flows: Piyush Goyal

The Economic Times

Commerce Minister Piyush Goyal emphasized that faster KYC norms and streamlined approvals will boost FDI flows. Total FDI rose 17% to $94.5 billion, while exports reached nearly $200 billion.

124

Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts

Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts

Energy & Petroleum

Hellenic Shipping

Crude oil prices will likely remain elevated due to Strait of Hormuz disruptions causing global inventory drawdowns, with analysts warning of a potential $100 per barrel risk.

91

Mumbai Gains Ground Among Global Workcation Cities

Mumbai Gains Ground Among Global Workcation Cities

Mumbai scored 77 points in the 2026 Work From Anywhere Index, ranking ahead of London and Miami due to its flexible workspace availability, transport affordability, accommodation, and climate.

87

Mumbai Auto Taxi Fares Set For September Increase

Mumbai Auto Taxi Fares Set For September Increase

Mumbai auto-rickshaw and black-and-yellow taxi fares will increase starting September 1, raising minimum charges to Rs 27 and Rs 33 respectively, following an approved transport authority revision.

Mumbai Tunnel Project Moves Ahead Under SGNP

Mumbai Tunnel Project Moves Ahead Under SGNP

Infrastructure & Construction

Mumbai's ₹14,000-crore GMLR project enters its underground construction phase as the first tunnel boring machine completes nine metres of excavation beneath Sanjay Gandhi National Park for the twin-tunnel section.

113

Mumbai Underground Corridor Moves Closer To Excavation

Mumbai Underground Corridor Moves Closer To Excavation

Infrastructure & Construction

Excavation has begun for Mumbai's 22.93-kilometre Versova-Dahisar coastal corridor, featuring twin 3.9-kilometre underground road tunnels between Mindspace and Charkop, utilizing Tunnel Boring Machines expected in December.

1020

Mumbai Coastal Road North Moves Towards 2028 Target

Mumbai Coastal Road North Moves Towards 2028 Target

Infrastructure & Construction

The Brihanmumbai Municipal Corporation targets December 2028 for the ₹22,000 crore Versova-Bhayandar coastal road project, involving a 60-kilometre network, twin tunnels, and 103 hectares of mangrove diversion.

53

Mumbai Tightens Parel Bridge Controls For Ganpati

Mumbai Tightens Parel Bridge Controls For Ganpati

Infrastructure & Construction

Mumbai civic authorities installed barricades and green screening on the Parel bridge for the 10-day Ganeshotsav festival to manage crowds, prevent unauthorized vehicle stoppages, and ensure pedestrian and emergency safety.

Mumbai Waste Trail Reaches Protected Diva Wetlands

Mumbai Waste Trail Reaches Protected Diva Wetlands

Infrastructure & Construction

The National Green Tribunal added the Brihanmumbai Municipal Corporation to a waste dumping case involving nearly 27 hectares of damaged mangroves and a previous 10.2 crore penalty.

1112

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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