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US Crude Oil, Product Inventories Fall Even As Hormuz Traffic Begins to Flow

US Crude Oil, Product Inventories Fall Even As Hormuz Traffic Begins to Flow

Indian state refiners ready for Iran oil if US extends waivers

Indian state refiners ready for Iran oil if US extends waivers

4 Million Barrels of Saudi Crude Set to Transit Strait of Hormuz

4 Million Barrels of Saudi Crude Set to Transit Strait of Hormuz

Gasoline Sees 3rd Most Expensive Independence Day Ever

Gasoline Sees 3rd Most Expensive Independence Day Ever

Oil prices rise amid fresh attacks on commercial vessels in Mideast

Oil prices rise amid fresh attacks on commercial vessels in Mideast

Gulf Oil Exporters Slash Prices as Buyers Gain the Upper Hand

Gulf Oil Exporters Slash Prices as Buyers Gain the Upper Hand

India's MRPL books Iraq crude cargo after Strait of Hormuz reopening

India's MRPL books Iraq crude cargo after Strait of Hormuz reopening

June operating rates of copper billet producers pulled back MoM amid raw material shortages and the traditional off-season, and industry sentiment in July is expected to weaken further [SMM analysis]

June operating rates of copper billet producers pulled back MoM amid raw material shortages and the traditional off-season, and industry sentiment in July is expected to weaken further [SMM analysis]

July Copper Cathode Rod Operating Rates Set to Fall Back on Sluggish Orders

July Copper Cathode Rod Operating Rates Set to Fall Back on Sluggish Orders

July copper billet operating rates set to fall further as off-season and supply bottlenecks intensify

July copper billet operating rates set to fall further as off-season and supply bottlenecks intensify

2026 Copper Plate/Sheet and Strip Mid-Year Review and Outlook: H1 Operating Rate Hits a Five-Year High for the Same Period, Emerging Sectors Propel Industry Resilience [SMM Analysis]

2026 Copper Plate/Sheet and Strip Mid-Year Review and Outlook: H1 Operating Rate Hits a Five-Year High for the Same Period, Emerging Sectors Propel Industry Resilience [SMM Analysis]

Tight Available Supply in the Market, Spot Premiums Rise [SMM Yangshan Copper Spot]

Tight Available Supply in the Market, Spot Premiums Rise [SMM Yangshan Copper Spot]

Operating rates of copper billet producers pulled back MoM in June, with July expected to weaken further.

Operating rates of copper billet producers pulled back MoM in June, with July expected to weaken further.

June Copper Cathode Rod Operating Rate Rises YoY, July Outlook Weakens Due to Sluggish Orders

June Copper Cathode Rod Operating Rate Rises YoY, July Outlook Weakens Due to Sluggish Orders

Off-Season Slows End-User Finished Goods Pickup Pace, July Wire and Cable Operating Rate Upside Room Limited [SMM Analysis]

Off-Season Slows End-User Finished Goods Pickup Pace, July Wire and Cable Operating Rate Upside Room Limited [SMM Analysis]

Copper Prices Consolidate, Copper Scrap Market Trading Sluggish [SMM Secondary Copper Daily Review]

Copper Prices Consolidate, Copper Scrap Market Trading Sluggish [SMM Secondary Copper Daily Review]

Typhoon Impact Expectations Drive Stockpiling Demand Release, Shanghai Spot Copper Premiums Keep Rising [SMM Shanghai Spot Copper]

Typhoon Impact Expectations Drive Stockpiling Demand Release, Shanghai Spot Copper Premiums Keep Rising [SMM Shanghai Spot Copper]

The Methanol from China BlueChem. Industrial feedstock pushing China’s chemical output

The Methanol from China BlueChem. Industrial feedstock pushing China’s chemical output

145% rise in LPG imports: Gas buys to be doubled from US - how much can it help India cut reliance on Gul

145% rise in LPG imports: Gas buys to be doubled from US - how much can it help India cut reliance on Gul

India takes steps strengthen energy database by plugging key data gaps

India takes steps strengthen energy database by plugging key data gaps

Latest Market News Of Others

Daily Report News

Bengaluru Melbourne Partnership Advances Smart City Innovation

Bengaluru Melbourne Partnership Advances Smart City Innovation

Bengaluru and Melbourne partner to advance smart city innovation, focusing on sustainable infrastructure, digital governance, and climate resilience. This collaboration aims to exchange knowledge, improve urban management, and foster economic growth, enhancing global competitiveness.

35

Tadicherla-2 coal block allocated to SCCL by Centre, confirms Kishan

Tadicherla-2 coal block allocated to SCCL by Centre, confirms Kishan

Energy & Petroleum

newindianexpress.com

Centre allocated Tadicherla-2 Coal Block to SCCL, boosting production by 6 MT annually for 40-50 years, generating Rs 64,000 crore revenue, saving Rs 2,550 crore, and creating 1,200 jobs, enhancing financial sustainability.

- Cyprus Shipping News

- Cyprus Shipping News

Energy & Petroleum

cyprusshippingnews.com

India's coal imports dropped 12.95% to 21.13 MT in April 2026, despite a 9% rise in power demand. Improved domestic supplies reduced reliance on foreign fuel for power, though coking coal imports rose 1.34%.

36

Korea, UAE to cooperate on stable supply of key resources

Korea, UAE to cooperate on stable supply of key resources

koreatimes.co.kr

Korea and UAE signed an agreement to strengthen strategic partnership in key resource supply chains, including crude oil and naphtha, and AI adoption in petrochemicals. They will also cooperate on nuclear energy and strategic oil inventories for emergencies, ensuring Korea's economic security.

117

Consumption of petro goods nears normal | Number Theory | Hindustan Times

Consumption of petro goods nears normal | Number Theory | Hindustan Times

Energy & Petroleum

hindustantimes.com

India's petro goods consumption nears normal. Petrol and diesel growth rebounded in June, while LPG contraction eased to 14% from 21%. Crude oil import contraction also softened, indicating demand recovery despite global disruptions.

Consumer loans hit a record in Q1 amid steep rise in electronic goods prices

Consumer loans hit a record in Q1 amid steep rise in electronic goods prices

The Economic Times

Consumer loans hit a record ₹1.19 lakh crore in Q1, fueled by 12-40% electronic price hikes. NBFCs' loans surged 42%, now financing 40% of smartphone sales, with extended tenures to manage costs.

Aluminum Rises Further

Aluminum Rises Further

Hellenic Shipping

UK aluminum futures climbed to $3,120 per tonne, extending a rebound from a four-month low. This surge is driven by declining inventories and positive market expectations.

Indian Navy secures safe passage for crude tanker Omega Trader through Hormuz

Indian Navy secures safe passage for crude tanker Omega Trader through Hormuz

The Economic Times

Indian Navy secured safe passage for crude tanker Omega Trader with 23 crew, including 15 Indians, through the Strait of Hormuz amidst tensions. Vessel carrying crude oil is expected to reach Sikka safely.

46

'Smartphone PLI plan exceeds targets, value addition quadruples': Industry informs govt

'Smartphone PLI plan exceeds targets, value addition quadruples': Industry informs govt

The Economic Times

The smartphone PLI scheme exceeded targets, doubling production to $71 billion and boosting exports tenfold to $29.4 billion. Domestic value addition quadrupled to 18-19%, making India the second-largest mobile manufacturer and exporter, demonstrating significant industrial policy success.

1110

Near-zero E100 demand puts brakes on OMCs' E85 rollout

Near-zero E100 demand puts brakes on OMCs' E85 rollout

Energy & Petroleum

The Economic Times

OMCs hesitate on E85 rollout after E100's near-zero demand at 400 pilot outlets. They await flex-fuel vehicle sales, citing thin price difference (E85 ₹82.12 vs petrol ₹102.12) and higher real cost, despite government push.

129

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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