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Canada’s Synthetic Crude Soars 200% as War Chokes Diesel Supply

Canada’s Synthetic Crude Soars 200% as War Chokes Diesel Supply

Chinese airlines to raise fuel surcharges on domestic flights

Chinese airlines to raise fuel surcharges on domestic flights

Russia's oil and gas revenue down 43% y/y in March, finance ministry says

Russia's oil and gas revenue down 43% y/y in March, finance ministry says

India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

India's Russian Crude Imports Jump 90% in March After U.S. Waiver

India's Russian Crude Imports Jump 90% in March After U.S. Waiver

India’s Russian oil imports surge 90% amid Hormuz disruption

India’s Russian oil imports surge 90% amid Hormuz disruption

Trump Says US Could ‘Take the Oil’ in Hormuz Push

Trump Says US Could ‘Take the Oil’ in Hormuz Push

Cuba Frees 2,000 Prisoners Amid Oil Supply Crunch

Cuba Frees 2,000 Prisoners Amid Oil Supply Crunch

OPEC+ likely to weigh further oil output hike on Sunday, sources say

OPEC+ likely to weigh further oil output hike on Sunday, sources say

West Asia crisis: Govt discusses ways to scale up production of induction heater

West Asia crisis: Govt discusses ways to scale up production of induction heater

Manmade fibre exporters flag concerns arising from West Asia conflict

Manmade fibre exporters flag concerns arising from West Asia conflict

Iran war could make beer and bottled water pricier for Indians

Iran war could make beer and bottled water pricier for Indians

Iran war will debilitate petrochemicals for the rest of 2026

Iran war will debilitate petrochemicals for the rest of 2026

From medicines to packaging, how duty cut on petrochemicals will ease everyday prices

From medicines to packaging, how duty cut on petrochemicals will ease everyday prices

Breaking the cycle of energy shocks: India’s renewable opportunity

Breaking the cycle of energy shocks: India’s renewable opportunity

India waives customs duty on key petrochemicals amid US–Iran conflict. Full list | India News

India waives customs duty on key petrochemicals amid US–Iran conflict. Full list | India News

Venezuelan crude exports surge to 6-year high as India fills China gap

Venezuelan crude exports surge to 6-year high as India fills China gap

Fuel Prices Today [2 April, 2026]: Petrol, Diesel Steady at ₹94.77/L and ₹87.67/L in Delhi; Global Crude Retreats to $100 as Hormuz Crisis Eases | Check City-Wise Rates

Fuel Prices Today [2 April, 2026]: Petrol, Diesel Steady at ₹94.77/L and ₹87.67/L in Delhi; Global Crude Retreats to $100 as Hormuz Crisis Eases | Check City-Wise Rates

EU launches first expiry review of AD duties on China’s aluminum extrusions

EU launches first expiry review of AD duties on China’s aluminum extrusions

Import Pressure Persisted, and Shanghai Spot Copper Discounts Continued to Weaken [SMM Shanghai Spot Copper]

Import Pressure Persisted, and Shanghai Spot Copper Discounts Continued to Weaken [SMM Shanghai Spot Copper]

Latest Market News

Daily Report News

Exxon Signals Profit Drop, Cites Lower Natgas Prices, Refining Margins

Exxon Signals Profit Drop, Cites Lower Natgas Prices, Refining Margins

Energy & Petroleum

Hellenic Shipping News

Exxon Mobil Corp reported a decline in second-quarter operating profits, citing lower natural gas prices and weaker oil refining margins. The company's regulatory filing indicated the impact of these factors on its financial performance during the quarter.

China Says It Will Ramp Up Seafood Import Checks If Fukushima Water Is Released

China Says It Will Ramp Up Seafood Import Checks If Fukushima Water Is Released

China plans to increase inspections of imported seafood if Japan goes ahead with discharging radioactive water from the Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean. China opposes the move and raises concerns about potential violations of international law.

NSSC Clips 300 Series Stainless Flats Prices For July

NSSC Clips 300 Series Stainless Flats Prices For July

Stainless Steel

Due to the recent decline in Nickel prices on the LME, Japan's largest Stainless producer, NSSC, has decided to reduce prices by Yen 5,000/ton ($35/ton) for its austenitic grade Stainless Cold Rolled Coil and Plate in July.

Mitsui Buys 49% Of Danish E-Methanol Plant From European Energy A/S

Mitsui Buys 49% Of Danish E-Methanol Plant From European Energy A/S

Hellenic Shipping News

Japanese company Mitsui has reached an agreement to acquire a 49% stake in an e-methanol plant and its associated solar plant from European Energy, a renewable energy company based in Denmark. The deal was announced by European Energy on Wednesday.

1172

Petronas Chemicals Group Forms Specialty Chemicals Division To Fuel Growth

Petronas Chemicals Group Forms Specialty Chemicals Division To Fuel Growth

Indian Chemical News

Petronas Chemicals Group (PCG) has created a dedicated specialty chemicals division led by Dr. Debbie Chiu Yuen-Yuen as COO. This move aligns with PCG's growth strategy and aims to strengthen its position in the petrochemicals industry, particularly in specialty chemicals.

Rice Prices Expected To Increase Due To Weather Changes

Rice Prices Expected To Increase Due To Weather Changes

Commodity Online

Rice prices are set to increase due to adverse weather conditions, India's agricultural policies, and declining global supplies. With global rice prices already at an 11-year high, the impact on food prices is expected to be significant.

India’s Fci Sells 170 Lt Rice As Recycled Pds Rice Rules Cheaper

India’s Fci Sells 170 Lt Rice As Recycled Pds Rice Rules Cheaper

The Hindu BusinessLine

The Food Corporation of India (FCI) had minimal rice sales in the first OMSS auction (170 tonnes out of 3.86 lakh tonnes offered), while wheat offtake increased to 32% in the second round.

OPEC Upbeat Over 2024 Oil Demand Outlook Despite Slowdown

OPEC Upbeat Over 2024 Oil Demand Outlook Despite Slowdown

Energy & Petroleum

Hellenic Shipping News

Sources close to OPEC indicate that the organization is expected to maintain an optimistic outlook on oil demand growth for the next year in its upcoming outlook report. OPEC anticipates an above-average increase in oil demand.

US Crude, Gasoline Inventories Fall More Than Expected – Eia

US Crude, Gasoline Inventories Fall More Than Expected – Eia

Energy & Petroleum

Hellenic Shipping News

U.S. crude stocks declined more than anticipated due to robust refining demand, and gasoline inventories experienced a significant draw following increased driving activity last week, according to the Energy Information Administration.

2072

Steel Companies' Q1 Margins Hit By Rising Costs, Low Prices

Steel Companies' Q1 Margins Hit By Rising Costs, Low Prices

The Economic Times

Steelmakers' operating profit is expected to decrease by Rs 2,000-3,000/ton sold in the April-June period due to lower Steel prices, sales volume, and rising input costs. The slowdown in the West and Chinese recovery expectations continue to impact Indian metal equities.

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