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Trump Administration Pledges SPR Refill With Bonus Oil Barrels

Trump Administration Pledges SPR Refill With Bonus Oil Barrels

India's Trade Deficit Jumps as Energy Import Prices Soar

India's Trade Deficit Jumps as Energy Import Prices Soar

India Signs LPG and Strategic Oil Reserves Deal with UAE

India Signs LPG and Strategic Oil Reserves Deal with UAE

India braces for more fuel hikes as Iran war forces Modi’s hand

India braces for more fuel hikes as Iran war forces Modi’s hand

EIA forecasts elevated oil prices in the first half of 2026

EIA forecasts elevated oil prices in the first half of 2026

Europe’s oil dependency: The geopolitical premium

Europe’s oil dependency: The geopolitical premium

A Rs 3 hike makes India’s inflation battle somewhat harder

A Rs 3 hike makes India’s inflation battle somewhat harder

Japanese Government Bond Yields Surged with Increased Probability of Rate Hike, Frequent Macro Disturbances Led to Copper Prices Retreating After Rapid Rise [SMM Macro Weekly Review]

Japanese Government Bond Yields Surged with Increased Probability of Rate Hike, Frequent Macro Disturbances Led to Copper Prices Retreating After Rapid Rise [SMM Macro Weekly Review]

India Raises Fuel Prices for the First Time in Four Years

India Raises Fuel Prices for the First Time in Four Years

Oil heads for weekly gain on Hormuz strain amid stalled US-Iran talks

Oil heads for weekly gain on Hormuz strain amid stalled US-Iran talks

India’s crude oil stocks drop 15% amid Iran conflict, raising supply concerns

India’s crude oil stocks drop 15% amid Iran conflict, raising supply concerns

CNG gets costlier by Rs 2 per kg after petrol, diesel price shock

CNG gets costlier by Rs 2 per kg after petrol, diesel price shock

Petrol, diesel rates raised by up to Rs 3 per litre days after PM Modi's 'save' fuel' call

Petrol, diesel rates raised by up to Rs 3 per litre days after PM Modi's 'save' fuel' call

World oil market ‘severely undersupplied,’ to stay in deficit until Q4: IEA

World oil market ‘severely undersupplied,’ to stay in deficit until Q4: IEA

India looks to consolidate East Africa economic partnership amid global supply chain shifts

India looks to consolidate East Africa economic partnership amid global supply chain shifts

Tight Domestic Ore Market Persists, Zinc Concentrate TCs Continue to Decline [SMM Zinc Concentrates Weekly Review]

Tight Domestic Ore Market Persists, Zinc Concentrate TCs Continue to Decline [SMM Zinc Concentrates Weekly Review]

Continuous Supply Disruptions Outside China Drive Sustained Rally in SHFE and LME Zinc Prices [SMM Market Review - Zinc Price Weekly Comment]

Continuous Supply Disruptions Outside China Drive Sustained Rally in SHFE and LME Zinc Prices [SMM Market Review - Zinc Price Weekly Comment]

Why Modi wants Indians to buy less gold and take fewer foreign holidays

Why Modi wants Indians to buy less gold and take fewer foreign holidays

India's Oil Crisis Deepens as Hormuz Remains Shut

India's Oil Crisis Deepens as Hormuz Remains Shut

Trump Boasts ‘We’re Like Pirates’, Seizing Iran’s Ships, as China Challenges US Sanctions

Trump Boasts ‘We’re Like Pirates’, Seizing Iran’s Ships, as China Challenges US Sanctions

Latest Market News Of Others

Daily Report News

SMM: Analysis of Japan's Secondary Copper Market — Future Market Outlook and Countermeasures

SMM: Analysis of Japan's Secondary Copper Market — Future Market Outlook and Countermeasures

Japan's copper scrap market is a competitive seller's ecosystem. Ex-China buyers need long-term partnerships. Japan leads in quality ($8,112/mt average export price). Domestic smelter consumption rises, while exports and processing usage (down 8% by 2025) decline, tightening global supply.

UK Natural Gas Prices at Over 5-Week High

UK Natural Gas Prices at Over 5-Week High

Energy & Petroleum

Hellenic Shipping

UK natural gas prices surged to a 5-week high of 120 pence per therm. This rise is attributed to ongoing concerns about potential shipping disruptions in the Strait of Hormuz.

103

Bidding deadline for oil, gas blocks extended to June 19

Bidding deadline for oil, gas blocks extended to June 19

Energy & Petroleum

The Economic Times

India extends bid deadlines for 10th oil/gas exploration and 11th OALP rounds to June 19. This marks the fifth extension for the 10th round, initially launched in Feb 2025.

Petroleum dependence significant across core sectors, official data shows

Petroleum dependence significant across core sectors, official data shows

Energy & Petroleum

The Economic Times

Indian sectors like iron ore (56.7%), mining (56%), and land transport (54.7%) show significant petroleum dependence, making them vulnerable to rising oil prices, which climbed to $100/barrel amid conflict, official data reveals.

1211

Indian state refiners raise retail gasoline, diesel prices as high crude costs bite

Indian state refiners raise retail gasoline, diesel prices as high crude costs bite

Energy & Petroleum

Hellenic Shipping

Indian state refiners raised gasoline and diesel prices by ₹3/liter on May 15 to recover losses from surging global crude costs. This immediate effect aims to offset high crude expenses.

Bengal Illegal Parking Crackdown Expands Civic Monitoring

Bengal Illegal Parking Crackdown Expands Civic Monitoring

West Bengal launched a statewide urban overhaul to tackle illegal parking and enhance waste monitoring via a geo-tagged complaint system. This aims to improve mobility, sanitation, and public health in major cities like Kolkata, despite implementation challenges.

Eastern Railway Multitracking Projects Boost Regional Connectivity

Eastern Railway Multitracking Projects Boost Regional Connectivity

Infrastructure & Construction

Union Cabinet approved INR 4,474 crore for Eastern Railway multitracking in West Bengal and Jharkhand. This boosts regional connectivity, freight logistics, and passenger mobility, easing congestion and improving transport efficiency across eastern India.

Kolkata Metro Studies Linear Induction Motor Technology

Kolkata Metro Studies Linear Induction Motor Technology

Kolkata Metro and IIT Madras are studying Linear Induction Motor technology for future Indian metros. This partnership aims to enhance energy efficiency, operational flexibility in dense urban areas, and foster technological modernization for sustainable transit.

1112

Kolkata Flight Diversions Raise Climate Infrastructure Concerns

Kolkata Flight Diversions Raise Climate Infrastructure Concerns

Kolkata's aviation network faces repeated disruptions from extreme weather, causing flight delays and diversions. This highlights urban transport's vulnerability and necessitates long-term climate resilience planning for critical infrastructure in eastern India.

44

West Bengal Fuel Costs Impact Urban Transport

West Bengal Fuel Costs Impact Urban Transport

Energy & Petroleum

Rising fuel prices in West Bengal, particularly Kolkata, are increasing transport costs for freight and public mobility, impacting logistics, construction, and potentially consumer prices for essential goods.

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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