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The Hormuz Shock: How a Strait Closure Could Trigger an LPG crisis

The Hormuz Shock: How a Strait Closure Could Trigger an LPG crisis

The global food crisis

The global food crisis

Ministry of Petroleum and Natural Gas Says India Self-Sufficient in Petrol, Diesel

Ministry of Petroleum and Natural Gas Says India Self-Sufficient in Petrol, Diesel

How the Iran war complicates the auto supply chain

How the Iran war complicates the auto supply chain

FT: "Hormuz Closure Triggers Naphtha Shortage... Crisis for South Korean and Japanese Petrochemical Industries"

FT: "Hormuz Closure Triggers Naphtha Shortage... Crisis for South Korean and Japanese Petrochemical Industries"

Petrol and Diesel Prices Revised Amid Middle East Conflict: Check latest rates in your City

Petrol and Diesel Prices Revised Amid Middle East Conflict: Check latest rates in your City

Release of strategic oil reserves a limited solution for unbalanced market: SandP Global Energy

Release of strategic oil reserves a limited solution for unbalanced market: SandP Global Energy

LPG bookings fall to 77 lakh; no fuel shortages, online bookings rise after govt campaign

LPG bookings fall to 77 lakh; no fuel shortages, online bookings rise after govt campaign

Oil and Nvidia are key for Wall Street next week amid Iran war volatility

Oil and Nvidia are key for Wall Street next week amid Iran war volatility

U.S. moves to stabilize energy markets with the release of 86 million oil barrels

U.S. moves to stabilize energy markets with the release of 86 million oil barrels

Iran war scenarios: The oil price that breaks parts of the economy

Iran war scenarios: The oil price that breaks parts of the economy

RBC: Iran conflict could prolong ‘well into spring’, pushing oil above 2022 highs

RBC: Iran conflict could prolong ‘well into spring’, pushing oil above 2022 highs

Oil crisis to send shockwaves across key sectors in Asia: Morgan Stanley

Oil crisis to send shockwaves across key sectors in Asia: Morgan Stanley

Oil Prices Remain Volatile as Hormuz Tensions Rise

Oil Prices Remain Volatile as Hormuz Tensions Rise

Oil loading operations at UAE's Fujairah have restarted

Oil loading operations at UAE's Fujairah have restarted

Trump urges China, UK, France to send ships to secure Hormuz strait

Trump urges China, UK, France to send ships to secure Hormuz strait

Rahul Gandhi Warns West Asia Conflict Threatens India's Energy Security

Rahul Gandhi Warns West Asia Conflict Threatens India's Energy Security

West Asia Conflict May Push Up Construction Costs In India: Expert

West Asia Conflict May Push Up Construction Costs In India: Expert

Which country is the largest producer of LPG and what it means for Indian households?

Which country is the largest producer of LPG and what it means for Indian households?

Turning the oil price crisis into an energy opportunity for India

Turning the oil price crisis into an energy opportunity for India

Latest Market News Of Energy & Petroleum

Daily Report News

DCM Shriram plans renewable energy expansion at India’s largest chlor-alkali facility

DCM Shriram plans renewable energy expansion at India’s largest chlor-alkali facility

Energy & Petroleum

DCM Shriram plans a significant renewable energy expansion at its Bharuch chlor-alkali facility, India's largest. This project targets completion by June 2027, enhancing sustainable operations and energy independence.

21

LG Chem says no force majeure; Lotte Chemical warns of potential force majeure on monomer output

LG Chem says no force majeure; Lotte Chemical warns of potential force majeure on monomer output

LG Chem retracted force majeure, now foreseeing potential DOTP shipment disruptions (110,000 mt/y) due to feedstock issues. Lotte Chemical warns of potential force majeure on 210,000 mt/y monomer output, citing Strait of Hormuz blockade and raw material procurement challenges.

PTTGC ensures steady operations and supply chain amid Middle East volatility

PTTGC ensures steady operations and supply chain amid Middle East volatility

PTTGC ensures steady operations and supply chain stability amidst Middle East volatility, implementing measures for price volatility and feedstock procurement management.

43

Balaji Amines faces production halt due to supply chain disruptions

Balaji Amines faces production halt due to supply chain disruptions

Balaji Amines has halted production due to severe supply chain disruptions. Suppliers invoked force majeure, leading to struggles in ammonia procurement, impacting operations.

77

Iran names Gulf energy, petchem facilities it may target in retaliation for US attacks

Iran names Gulf energy, petchem facilities it may target in retaliation for US attacks

Energy & Petroleum

Iran has named Gulf energy and petrochemical facilities in Qatar, Saudi Arabia, and UAE, including Q-Chem and Sadara JVs, as potential targets for retaliation following US attacks.

116

PP prices surge globally on Middle East conflict

PP prices surge globally on Middle East conflict

Global PP prices surged due to Middle East conflict, with Asia PP up $330/mt since March 2. Supply tightened as producers declared force majeure. Iran's retaliation threats and Orion's price hikes indicate market volatility.

35

Asian propylene prices surge as tightening supply and Middle East tensions drive costs higher

Asian propylene prices surge as tightening supply and Middle East tensions drive costs higher

polymerupdate.com

Asian propylene prices surged due to tight supply, rising energy costs, and Middle East tensions. CFR South East Asia spiked USD 225/mt, FOB Korea USD 230/mt, and CFR China/Taiwan USD 220/mt. Overall, prices rose USD 305-315/mt.

65

Pune Luxury Housing Corridors Reshape Urban Growth

Pune Luxury Housing Corridors Reshape Urban Growth

Infrastructure & Construction

Pune's luxury housing is booming, driven by tech growth, connectivity, and rising incomes. Key corridors like Koregaon Park, Aundh, and Viman Nagar are reshaping urban development, fostering integrated living and organized growth across the city.

111

Bengaluru Ruling Puts BDA Projects Under RERA

Bengaluru Ruling Puts BDA Projects Under RERA

Infrastructure & Construction

Bengaluru ruling mandates BDA projects comply with RERA (2016), boosting consumer protection and regulatory oversight for public sector housing. This ensures transparency and accountability.

Chennai Real Estate Turns To AI Sales Assistants

Chennai Real Estate Turns To AI Sales Assistants

Chennai's real estate sector is adopting AI Sales Assistants, demonstrated at an exhibition. This shift addresses modern buyers' demand for instant, multi-lingual digital information, reshaping sales roles and enhancing efficiency in property marketing.

36

Mild Steel Prices

HRC

E350 BR

2.5-8.0mm

EX - Chennai

HRC

E250 BR

2.5-8.0mm

EX - Chennai

Sangam

Secondary TMT

Fe 550D

12 to 25mm

EX - Wardha

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

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