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US Fed Interest Rate Cut Falls Short of Expectations, Copper Prices See Limited Rebound [SMM Copper Morning Meeting Minutes]

US Fed Interest Rate Cut Falls Short of Expectations, Copper Prices See Limited Rebound [SMM Copper Morning Meeting Minutes]

Copper Prices Move Sideways on Weak Macro Disruptions, Limited Stocking Demand Before Labour Day Holiday [SMM Macro Weekly Review]

Copper Prices Move Sideways on Weak Macro Disruptions, Limited Stocking Demand Before Labour Day Holiday [SMM Macro Weekly Review]

CNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran Crisis

CNPC Pledges to Ensure China’s Oil and Gas Supply Amid Iran Crisis

Could This be the Beginning of the End for OPEC?

Could This be the Beginning of the End for OPEC?

Trump Eyes More U.S. Oil Output as Iran War Squeezes Supply

Trump Eyes More U.S. Oil Output as Iran War Squeezes Supply

Tankers Move from Fuel to Crude Trade as War Upends Flows

Tankers Move from Fuel to Crude Trade as War Upends Flows

Oil shock will hit Asia harder than the 1970s

Oil shock will hit Asia harder than the 1970s

Net Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: Vortex

Net Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: Vortex

UAE exits OPEC: what it means for oil prices

UAE exits OPEC: what it means for oil prices

JP Morgan: UAE Could Attract More U.S. Investment After OPEC Exit

JP Morgan: UAE Could Attract More U.S. Investment After OPEC Exit

Oil prices climb amid Hormuz blockade, UAE exit from OPEC

Oil prices climb amid Hormuz blockade, UAE exit from OPEC

The Iran War Has Already Destroyed 1.6 Million Bpd in Oil Demand

The Iran War Has Already Destroyed 1.6 Million Bpd in Oil Demand

California Gasoline Price Surges Above $6

California Gasoline Price Surges Above $6

China's Mainstream Regions Copper Inventories Continued Destocking Before Labour Day Holiday [SMM Weekly Data]

China's Mainstream Regions Copper Inventories Continued Destocking Before Labour Day Holiday [SMM Weekly Data]

SHFE/LME Zinc Price Ratio Rebounded to Oscillate Near 7.1 [SMM Zinc SHFE/LME Price Ratio Weekly Review]

SHFE/LME Zinc Price Ratio Rebounded to Oscillate Near 7.1 [SMM Zinc SHFE/LME Price Ratio Weekly Review]

Ningbo Zinc: Last Trading Day Before Labour Day Holiday, Strong Holiday Atmosphere in the Market [SMM Midday Review]

Ningbo Zinc: Last Trading Day Before Labour Day Holiday, Strong Holiday Atmosphere in the Market [SMM Midday Review]

Strait of Hormuz Fears Send California Gas Past $6 a Gallon

Strait of Hormuz Fears Send California Gas Past $6 a Gallon

Government reviews households with dual LPG, PNG connections

Government reviews households with dual LPG, PNG connections

Pre-Holiday Market Trading Sluggish, but Spot Prices Remained Firm [SMM South China Spot Copper]

Pre-Holiday Market Trading Sluggish, but Spot Prices Remained Firm [SMM South China Spot Copper]

Russia Dismisses Price War Fears Following UAE Departure From OPEC+

Russia Dismisses Price War Fears Following UAE Departure From OPEC+

Latest Market News Of Energy & Petroleum

Daily Report News

Mumbai Suburban Network Faces Night Disruptions For Upgrades

Mumbai Suburban Network Faces Night Disruptions For Upgrades

Energy & Petroleum

Mumbai's suburban network faces night disruptions on May 1-2 and May 2-3 for Kalyan-Badlapur corridor upgrades. Central Railway's maintenance blocks aim to modernize overhead electrical systems, ensuring safety and reliability despite temporary service suspensions and rerouted trains.

Mumbai Clears Land For Vande Bharat Depot Project

Mumbai Clears Land For Vande Bharat Depot Project

Infrastructure & Construction

Mumbai cleared land at Wadi Bunder for a Vande Bharat maintenance depot, boosting railway infrastructure. The facility will enhance operational capacity, readiness, and turnaround time for high-speed trains, modernizing the city's rail network.

Chennai MRTS Metro Integration To Transform Urban Mobility

Chennai MRTS Metro Integration To Transform Urban Mobility

Infrastructure & Construction

Chennai MRTS Metro integration nears policy stage to unify urban transit, improving connectivity, commuter experience, and reducing travel times. It optimises infrastructure, fosters sustainable growth, and promotes public transport.

75

Chennai Bus Terminal Kuthambakkam To Enhance City Connectivity

Chennai Bus Terminal Kuthambakkam To Enhance City Connectivity

Infrastructure & Construction

Chennai's new Kuthambakkam bus terminal aims to enhance city connectivity, ease congestion, and decentralize mobility. It will handle long-distance traffic, integrate with existing networks, and stimulate local economic growth.

29

Chennai Heatwave Intensifies With Temperatures Touching 40C

Chennai Heatwave Intensifies With Temperatures Touching 40C

Chennai's heatwave intensifies with temperatures hitting 40C, raising concerns about urban life, health risks, and infrastructure. Climate change impacts necessitate rethinking city design and adaptation strategies for resilience.

Chennai Sembakkam Lake Revival Demand Gains Momentum

Chennai Sembakkam Lake Revival Demand Gains Momentum

Infrastructure & Construction

Residents intensify calls for Chennai's Sembakkam Lake revival, linking it to flood mitigation, ecosystem health, and broader civic infrastructure improvements. This reflects a shift towards sustainable, nature-based urban solutions.

1219

Mumbai Airport Flight Disruptions Hit Passenger Travel

Mumbai Airport Flight Disruptions Hit Passenger Travel

Mumbai Airport faced significant flight disruptions, affecting hundreds of passengers due to cancellations and delays. Issues like aircraft unavailability and staffing constraints highlighted operational fragility, impacting domestic routes and the city's economy.

Mumbai Vikhroli FoB Tender Reset Hits Connectivity

Mumbai Vikhroli FoB Tender Reset Hits Connectivity

Infrastructure & Construction

Mumbai's 700-metre Vikhroli FoB tender, linking Kanjurmarg railway to the metro, was cancelled due to eligibility issues. This setback delays crucial multimodal connectivity, necessitating a fresh bidding process for the vital project.

Chennai CIT Colony Faces Civic Issues Amid Growth

Chennai CIT Colony Faces Civic Issues Amid Growth

Infrastructure & Construction

Chennai's CIT Colony faces severe civic issues like traffic, parking, and waste management due to unregulated commercial growth straining infrastructure. Residents highlight eroding liveability, urging proactive planning and stronger enforcement for sustainable urban development.

1118

Chennai Property Tax Payments Go Digital With QR Codes

Chennai Property Tax Payments Go Digital With QR Codes

Chennai's civic authorities launched a QR code-based system for property tax payments, aiming to simplify collection, reduce queues, and boost compliance. This digital push enhances efficiency, transparency, and revenue for urban services.

29

Mild Steel 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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