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The Iran War Has Turned VLCCs Into $650,000-a-Day Assets

The Iran War Has Turned VLCCs Into $650,000-a-Day Assets

Gas Prices in Asia and Europe Jump as Qatar Extends LNG Force Majeure

Gas Prices in Asia and Europe Jump as Qatar Extends LNG Force Majeure

‘Russian oil disruption may challenge refiners’

‘Russian oil disruption may challenge refiners’

BPCL explores new crude sources amid threat to Russian oil supplies, Hormuz uncertainty: CMD

BPCL explores new crude sources amid threat to Russian oil supplies, Hormuz uncertainty: CMD

South Korea Extends Naphtha Export Restrictions for 5 Months Through January

South Korea Extends Naphtha Export Restrictions for 5 Months Through January

Year-wise plan to implement Samudra Manthan in works

Year-wise plan to implement Samudra Manthan in works

Trump says the US doesn’t need Canada. The economy says otherwise

Trump says the US doesn’t need Canada. The economy says otherwise

Oil prices extend losses on expectations talks to ease West Asia supply woes

Oil prices extend losses on expectations talks to ease West Asia supply woes

The US and Russia compete for a share of India’s energy market

The US and Russia compete for a share of India’s energy market

Assam’s New Hydrocarbon Policy Is a Quiet Bet on India’s Energy Future

Assam’s New Hydrocarbon Policy Is a Quiet Bet on India’s Energy Future

Analyst Explains Why Oil Prices Are Easing

Analyst Explains Why Oil Prices Are Easing

Oil Prices Fall as Qatar Pushes New Hormuz Talks

Oil Prices Fall as Qatar Pushes New Hormuz Talks

Alberta Premier Rejects Using Oil as a Weapon Against Trump

Alberta Premier Rejects Using Oil as a Weapon Against Trump

Another Tanker Struck as Hormuz Shipping Crisis Deepens

Another Tanker Struck as Hormuz Shipping Crisis Deepens

Geopolitical tensions, tight supply keep Asia petrochemical prices elevated

Geopolitical tensions, tight supply keep Asia petrochemical prices elevated

Crude Oil Inventories Show Smaller Rise Than Expected

Crude Oil Inventories Show Smaller Rise Than Expected

European gas slumps 3% as Middle East ceasefire hopes unwind supply risk premium

European gas slumps 3% as Middle East ceasefire hopes unwind supply risk premium

India plans ₹13,000 crore in aid to spur battery parts output

India plans ₹13,000 crore in aid to spur battery parts output

Climate Finance is no longer about saving the planet. It is about winning the next economy

Climate Finance is no longer about saving the planet. It is about winning the next economy

Tianjin Zinc: Zinc Prices Continue to Surge, Market Trading Inactive [SMM Midday Review]

Tianjin Zinc: Zinc Prices Continue to Surge, Market Trading Inactive [SMM Midday Review]

Latest Market News

Daily Report News

India’s pulses acreage almost at par with last year’s level

India’s pulses acreage almost at par with last year’s level

thehindubusinessline.com

India's overall pulses acreage reached 108.14 lakh hectares, nearly matching last year's 108.49 lakh hectares, supported by monsoon recovery despite shortfalls in tur and moong varieties.

Steel sector outlook strengthens as demand holds firm, input costs ease

Steel sector outlook strengthens as demand holds firm, input costs ease

Hellenic Shipping

Global steel markets showed divergent July trends. US prices strengthened, China softened, and Europe stayed flat. India's flat steel remained resilient while long steel bottomed out mid-month.

1113

MetaG1 launches cross-sector scientific platform to connect agriculture, pharma and life sciences

MetaG1 launches cross-sector scientific platform to connect agriculture, pharma and life sciences

indianchemicalnews.com

A Bengaluru-based research initiative has launched a cross-sector scientific platform connecting agriculture, biotechnology, pharmaceuticals, and life sciences to convert fragmented expert discussions into searchable professional knowledge.

Samudra Manthan: India prepares year-wise drilling, rig deployment roadmap

Samudra Manthan: India prepares year-wise drilling, rig deployment roadmap

Energy & Petroleum

thehindubusinessline.com

India's Oil Ministry is finalizing an $8.8 billion roadmap under the Samudra Manthan scheme to drive offshore drilling, seismic surveys, and rig deployment, aiming to boost oil and gas production.

Crude oil prices fall as US discusses buying stakes in Venezuelan oilfields

Crude oil prices fall as US discusses buying stakes in Venezuelan oilfields

Energy & Petroleum

thehindubusinessline.com

Crude oil futures declined on Friday as the US discussed acquiring ownership in Venezuelan oilfields. Brent fell to $88.24 and WTI dropped to $83.13 amid shifting geopolitical dynamics.

83

V Somanna inspects various ongoing railway infrastructure works in Tumakuru

V Somanna inspects various ongoing railway infrastructure works in Tumakuru

Infrastructure & Construction

deccanherald.com

Union Minister V Somanna inspected ongoing railway infrastructure projects in Tumakuru, including station redevelopment costing Rs 85.8 crore, ROBs, and new line works targeted for completion by December 2026 and March 2028.

27

Six firms submit bids for Rs 200 crore Soladevanahalli train maintenance depot in Bengaluru

Six firms submit bids for Rs 200 crore Soladevanahalli train maintenance depot in Bengaluru

Infrastructure & Construction

deccanherald.com

Six firms have submitted bids for constructing the Rs 200.03 crore Soladevanahalli train maintenance depot under Bengaluru's suburban rail project, covering depot construction and a connecting rail formation.

Mumbai Metro Deploys AI For Smarter Train Maintenance

Mumbai Metro Deploys AI For Smarter Train Maintenance

Mumbai Metro has deployed India's first AI-powered automated pantograph condition monitoring system to enable predictive maintenance, reduce service interruptions, and enhance operational reliability across its expanding urban rail network.

64

Mumbai Titwala Block To Reshape Kasara Rail Services

Mumbai Titwala Block To Reshape Kasara Rail Services

Infrastructure & Construction

Central Railway is undertaking a 15-night infrastructure block at Titwala starting August 28 to extend platforms for 15-car suburban trains, causing temporary service cancellations and delays.

Western Railway approves faster services from Mumbai

Western Railway approves faster services from Mumbai

Infrastructure & Construction

Western Railway approved higher operating speeds of up to 130 kmph for 23 pairs of trains originating from Mumbai using LHB coaches, aiming to reduce travel times and increase passenger capacity.

21

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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