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China Moves to Expand Oil Stockpiles Against Global Supply Shocks

China Moves to Expand Oil Stockpiles Against Global Supply Shocks

First Crude Cargo Clears Hormuz Since U.S. Blockade Began

First Crude Cargo Clears Hormuz Since U.S. Blockade Began

Oil Prices Sink 10% as Trump Announces Strait of Hormuz is Fully Open

Oil Prices Sink 10% as Trump Announces Strait of Hormuz is Fully Open

Indian refiner Reliance rejects Iran oil cargoes as waiver deadline looms

Indian refiner Reliance rejects Iran oil cargoes as waiver deadline looms

India's crude imports down 21%; Russia tops, Iran gains

India's crude imports down 21%; Russia tops, Iran gains

War in the Middle East hasn't triggered a coal comeback, but it is boosting renewables

War in the Middle East hasn't triggered a coal comeback, but it is boosting renewables

Two Sanctioned VLCCs Each Carrying 2 Million Barrels Of Iranian Oil Anchor Off India After 7-Year Gap

Two Sanctioned VLCCs Each Carrying 2 Million Barrels Of Iranian Oil Anchor Off India After 7-Year Gap

‘Europe Has Just 6 Weeks of Jet Fuel Left’: IEA Chief Fatih Birol Warns India Among ‘Frontline’ Nations

‘Europe Has Just 6 Weeks of Jet Fuel Left’: IEA Chief Fatih Birol Warns India Among ‘Frontline’ Nations

Rising US fuel prices revive EV demand despite subsidy cuts

Rising US fuel prices revive EV demand despite subsidy cuts

India Eyes Greater US Energy Supplies Amid Global Disruptions

India Eyes Greater US Energy Supplies Amid Global Disruptions

Gurugram Road Projects Stalled Amid Bitumen Supply Crisis

Gurugram Road Projects Stalled Amid Bitumen Supply Crisis

Coal Prices Jump as Middle East Crisis Disrupts LNG, Boosting Demand

Coal Prices Jump as Middle East Crisis Disrupts LNG, Boosting Demand

China's March oil throughput slows on Middle East supply risks, crude output hits record

China's March oil throughput slows on Middle East supply risks, crude output hits record

[CONTRIBUTION] War exposes naphtha risk, accelerates shift to circular feedstock

[CONTRIBUTION] War exposes naphtha risk, accelerates shift to circular feedstock

NBS: In March, Large-Scale Industrial Raw Coal Production Remained Stable, Crude Oil Production Maintained Growth, and Electricity Production Grew Steadily

NBS: In March, Large-Scale Industrial Raw Coal Production Remained Stable, Crude Oil Production Maintained Growth, and Electricity Production Grew Steadily

IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage

IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage

Indian officials see Iran war oil shock as disruptive as Covid

Indian officials see Iran war oil shock as disruptive as Covid

Europe's summer flights at risk as Iran war exposes refining decline: Bousso

Europe's summer flights at risk as Iran war exposes refining decline: Bousso

A Lebanon Ceasefire and Potential Iran Peace Talks Push Oil Prices Down

A Lebanon Ceasefire and Potential Iran Peace Talks Push Oil Prices Down

High Copper Prices Suppress Consumption Expectations, Shanghai Spot Copper Premiums Under Pressure After Contract Rollover [SMM Shanghai Spot Copper]

High Copper Prices Suppress Consumption Expectations, Shanghai Spot Copper Premiums Under Pressure After Contract Rollover [SMM Shanghai Spot Copper]

Latest Market News Of Others

Daily Report News

India-China SCO talks focus on trade security, connectivity under first bilateral consultations

India-China SCO talks focus on trade security, connectivity under first bilateral consultations

The Economic Times

India and China held their first SCO consultations (April 16-17) in New Delhi, agreeing to strengthen cooperation on security, trade, and regional connectivity. The talks aim to stabilize bilateral ties and improve SCO coordination.

43

Steel sector to push for higher-level supply, demand balance

Steel sector to push for higher-level supply, demand balance

Hellenic Shipping

China's steel sector will tackle 'involution-style' competition through strict crude steel output controls and new capacity governance. Efforts aim for better supply-demand balance via government, industry, and enterprise coordination.

1014

European natural gas prices slump after temporary Hormuz reopening announced

European natural gas prices slump after temporary Hormuz reopening announced

Hellenic Shipping

European natural gas prices tumbled on Friday as the Strait of Hormuz reopened for commercial shipping during a temporary ceasefire between Israel and Lebanon, easing supply concerns.

74

UK Natural Gas Prices Remain Near 6-Week Lows

UK Natural Gas Prices Remain Near 6-Week Lows

Energy & Petroleum

Hellenic Shipping

UK natural gas futures stabilized near 106 pence per therm, staying close to a six-week low, driven by growing hopes for an end to the Middle East war.

US Section 301 probe: India textile body TEXPROCIL pushes back on USTR excess capacity allegations

US Section 301 probe: India textile body TEXPROCIL pushes back on USTR excess capacity allegations

The Economic Times

TEXPROCIL refutes USTR's Section 301 allegations of excess capacity in India's textile sector, citing 80% domestic absorption and strong demand. India also buys US cotton, emphasizing interdependence.

64

Oil prices crater below $90 after Iran, U.S. say Strait of Hormuz temporarily open

Oil prices crater below $90 after Iran, U.S. say Strait of Hormuz temporarily open

Hellenic Shipping

Oil prices tumbled below $90 a barrel after Iran and the U.S. declared the Strait of Hormuz temporarily open, easing concerns over a critical shipping bottleneck and widespread inflation.

118

Strait of Hormuz crisis spotlights ship 'flagging' rules as India-flagged vessels face higher compliance burden

Strait of Hormuz crisis spotlights ship 'flagging' rules as India-flagged vessels face higher compliance burden

The Economic Times

Hormuz crisis spotlights ship flagging. India's 14.2 million GT fleet, growing by 1.5 million GT in FY26, aims to boost its global share from 7% to 30-40% by 2047.

54

Surat Rail Upgrade Improves Commuter Safety Infrastructure

Surat Rail Upgrade Improves Commuter Safety Infrastructure

Infrastructure & Construction

Surat-Virar rail upgrade advances with new FOB girders, enhancing commuter safety and easing movement across busy tracks. This modernises high-density routes, supports economic integration, and addresses rising passenger volumes for safer, more accessible travel.

77

Nagpur Saoner Land Clearance Spurs Industrial Corridor

Nagpur Saoner Land Clearance Spurs Industrial Corridor

Maharashtra approved 2,700 hectares in Saoner, Nagpur, for a defence, nuclear, and aerospace corridor. This strategic move aims to boost industrial growth and employment, though raising land use and environmental concerns.

53

Nagpur Linked Steel Investment Signals Economic Shift

Nagpur Linked Steel Investment Signals Economic Shift

Infrastructure & Construction

A ₹10,000 crore steel investment near Nagpur signals an economic shift, boosting employment and industry. However, it raises concerns about environmental impact, pollution, and the urgent need for sustainable urban planning and infrastructure upgrades in the region.

122

Mild Steel Prices

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Fe 500

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EX - Bangalore

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10-25 mm

EX - Jalna

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10-25 mm

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EX - Raigarh

Secondary TMT

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EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

EX - Jaipur

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