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UK Natural Gas Prices Jump Amid Middle East Tensions

UK Natural Gas Prices Jump Amid Middle East Tensions

UK natural gas futures surged 7% to 118 pence per therm, a four-week high, driven by escalating Middle East tensions.
July JKM-NWE spread widens as Asian LNG pull strengthens, European injections lag

July JKM-NWE spread widens as Asian LNG pull strengthens, European injections lag

July JKM-NWE spread widened to $1.940/MMBtu by April 30, up 11 cents/MMBtu from April 16. Stronger Asian LNG demand and weak European storage economics drove this, reflecting higher Pacific basin demand expectations.
London copper prices steady after hitting three-week low

London copper prices steady after hitting three-week low

London copper prices steadied Tuesday after hitting a three-week low, influenced by a stronger dollar and global economic slowdown concerns.
Falling US oil inventories put upward pressure on fuel prices

Falling US oil inventories put upward pressure on fuel prices

Falling US oil inventories are putting upward pressure on fuel prices. Tankers, previously noted by Trump, are now delivering much-needed crude and products globally, impacting market supplies.
Expansion of cargo handling capacity at JSW Dharamtar Port recommended for EC grant

Expansion of cargo handling capacity at JSW Dharamtar Port recommended for EC grant

JSW Dharamtar Port received EC grant recommendation to expand cargo capacity from 33.95 MTPA to 54.0 MTPA. A panel noted coal dust and wastewater polluting mangroves, which the operator agreed to address.
Chinese refineries prepare for potential US Iran sanctions: sources

Chinese refineries prepare for potential US Iran sanctions: sources

Chinese independent oil refineries are preparing for potential US sanctions on Iranian oil. They are establishing new entities and separate bank accounts to circumvent any imposed measures, according to industry sources.
Speculators hike net-long positions in Brent

Speculators hike net-long positions in Brent

Money managers and hedge funds increased net-long positions in ICE Brent futures by April 28, reflecting heightened speculative interest in oil markets.
Nepal to procure 80,000 tonnes of fertiliser from India as Iran disrupts global supply chains

Nepal to procure 80,000 tonnes of fertiliser from India as Iran disrupts global supply chains

Nepal will procure 80,000 tonnes of fertiliser (60k urea, 20k DAP) from India due to global supply disruptions and soaring prices. A ₹28.82 billion subsidy targets 440,000 tonnes, but a shortfall is anticipated for the 250,000 tonnes needed for the season.
Metro 5A clears way for Sindhu Nagar station in Ulhasnagar with ₹4,063 crore nod

Metro 5A clears way for Sindhu Nagar station in Ulhasnagar with ₹4,063 crore nod

Metro 5A corridor gets ₹4,063 crore nod for Sindhu Nagar station in Ulhasnagar, promising improved connectivity. Other projects include ₹99 crore for roads, ₹120 crore proposal, and ₹220 crore water project.
MCD allocates ₹48 crore to step up Delhi's garbage cleanup

MCD allocates ₹48 crore to step up Delhi's garbage cleanup

MCD allocated ₹48 crore for Delhi's 2026-27 garbage cleanup across 10 zones. Funds will hire vehicles, machinery, and manpower to manage 13,000+ metric tons of daily waste, with tenders approved for expedited implementation.

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