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INSIGHT: US-Iran peace deal weighs on Asia petrochemical prices amid supply recovery, weak demand

INSIGHT: US-Iran peace deal weighs on Asia petrochemical prices amid supply recovery, weak demand

US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks

US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks

Oil Prices Crash as Traders Bet the War Is Over

Oil Prices Crash as Traders Bet the War Is Over

Trump Deal Resumes Iran Oil Sales Immediately

Trump Deal Resumes Iran Oil Sales Immediately

Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough

Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough

The peace pen awaits Friday

The peace pen awaits Friday

U.S.-Iran peace deal welcome, hope it lasts: Anantha Nageswaran

U.S.-Iran peace deal welcome, hope it lasts: Anantha Nageswaran

Forget the empty shoulder: a 701 km highway gains a solar corridor with panels on the edges, generating 5 MW already active, with a goal of 204 MW and energy capable of lighting tunnels and supplying the power grid in India.

Forget the empty shoulder: a 701 km highway gains a solar corridor with panels on the edges, generating 5 MW already active, with a goal of 204 MW and energy capable of lighting tunnels and supplying the power grid in India.

Crude price may take up to a year to return to pre-war levels despite Strait of Hormuz reopening

Crude price may take up to a year to return to pre-war levels despite Strait of Hormuz reopening

U.S.–Iran peace framework signals relief for global petrochemical markets as Strait of Hormuz set to reopen

U.S.–Iran peace framework signals relief for global petrochemical markets as Strait of Hormuz set to reopen

Sandesara-owned SEEPCO supplied six million barrels to Indian refiners

Sandesara-owned SEEPCO supplied six million barrels to Indian refiners

Pune Smart Water Systems Gain Urgent Focus

Pune Smart Water Systems Gain Urgent Focus

Normalcy in West Asia could mean benefits beyond oil and fertilisers

Normalcy in West Asia could mean benefits beyond oil and fertilisers

OMC Losses Drop Sharply as Petrol Under-Recoveries Fall 83%, Diesel Losses Down 75%

OMC Losses Drop Sharply as Petrol Under-Recoveries Fall 83%, Diesel Losses Down 75%

Don’t See India Ever Importing Ethanol From The US: AIDA President Vijendra Singh

Don’t See India Ever Importing Ethanol From The US: AIDA President Vijendra Singh

Navigating the Crisis: India's Road Infrastructure Amid West Asia Turbulence

Navigating the Crisis: India's Road Infrastructure Amid West Asia Turbulence

India's Auto Market Hits New May Record, Scooters Steal the Show

India's Auto Market Hits New May Record, Scooters Steal the Show

What naphtha shortage? China extends petrochemicals lead amid US-Iran conflict

What naphtha shortage? China extends petrochemicals lead amid US-Iran conflict

Radial Flow Pump Market Intelligence Report Covers Trends, Segments And Regional Growth

Radial Flow Pump Market Intelligence Report Covers Trends, Segments And Regional Growth

U.S.-Iran deal eases pressure on supply chain, gov't cautious on fuel price cap

U.S.-Iran deal eases pressure on supply chain, gov't cautious on fuel price cap

Latest Market News

Daily Report News

Gujarat: Narcotics Control Bureau launches code of conduct to curb diversion of chemicals to formulate synthetic drugs

Gujarat: Narcotics Control Bureau launches code of conduct to curb diversion of chemicals to formulate synthetic drugs

indianexpress.com

The NCB launched a Voluntary Code of Conduct in Gujarat to prevent the diversion of precursor chemicals for synthetic drugs. This national initiative urges chemical and pharma industries to report suspicious transactions, following past international trafficking cases.

Thousands face 24-hr blackout after cable damaged near Futala

Thousands face 24-hr blackout after cable damaged near Futala

timesofindia.indiatimes.com

Thousands in Futala faced a 24-hour blackout after a high-tension cable was damaged during excavation, impacting over 400 consumers. Civic agencies are now engaged in a blame game over the incident.

73

143-km Delhi–Katra Expressway stretch in JandK to be ready by August 2027

143-km Delhi–Katra Expressway stretch in JandK to be ready by August 2027

Infrastructure & Construction

tribuneindia.com

J&K's 143-km Delhi-Katra Expressway stretch, costing Rs 11,500 crore, is set for August 2027 completion, reducing travel by 58 km. Over Rs 1.35 lakh crore in road projects, including tunnels, are boosting regional connectivity.

1020

G7 Summit: India, Canada agree to fast-track CEPA talks, target doubling bilateral trade by 2030

G7 Summit: India, Canada agree to fast-track CEPA talks, target doubling bilateral trade by 2030

Energy & Petroleum

deccanherald.com

India and Canada agreed to fast-track CEPA talks by year-end, targeting Rs 4.65 lakh crore bilateral trade by 2030. They also launched security cooperation talks and reviewed energy deals, including a $2 billion uranium procurement.

84

More energy from the Northeast

More energy from the Northeast

Energy & Petroleum

newindianexpress.com

The Northeast is transforming with over ₹5 lakh crore investment, driving economic integration and peace. A new India-Assam-Nagaland MoU targets a ten-fold increase in hydrocarbon production from 500 million tonnes, boosting energy security and regional growth.

115

Gujarat: NCB releases code for chemical companies to flag suspicious transactions

Gujarat: NCB releases code for chemical companies to flag suspicious transactions

timesofindia.indiatimes.com

NCB urged 250 chemical and pharmaceutical companies to adopt a Voluntary Code of Conduct to flag suspicious transactions, curbing illicit drug production. Industry welcomed the initiative for supply chain integrity.

78

Mumbai Ahmedabad High Speed Project Advances Rapidly

Mumbai Ahmedabad High Speed Project Advances Rapidly

Infrastructure & Construction

India's first 508 km Mumbai-Ahmedabad high-speed rail project advances rapidly. Operating at 320 kmph, it will connect 12 stations, reducing travel to under two hours, boosting economy, and introducing advanced rail technology.

Ahmedabad Fashion Week Highlights Creative Economy Growth

Ahmedabad Fashion Week Highlights Creative Economy Growth

Ahmedabad Fashion Week boosts the city's creative economy, fostering talent and cross-sector collaboration. New platforms integrate heritage with modern fashion, positioning Ahmedabad as a hub for design, innovation, and sustainable growth.

World Firebrick Magnesia - Market Analysis, Forecast, Size, Trends and Insights

World Firebrick Magnesia - Market Analysis, Forecast, Size, Trends and Insights

The global Firebrick Magnesia market is set for significant expansion, projected to grow from 3.2-3.8M tonnes in 2026 to 4.5-5.0M tonnes by 2035 (3.8% CAGR). Growth is driven by steel sector modernization and industrial expansion in Asia.

LPG availability unlikely to ease soon, warns govt official

LPG availability unlikely to ease soon, warns govt official

Energy & Petroleum

newindianexpress.com

India faces continued LPG uncertainty despite a ceasefire and falling crude oil prices. Damage to Gulf production sites keeps prices elevated; domestic cylinders are Rs 942, up Rs 89. India diversified imports, with the US now supplying 55%.

121

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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