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Energy & Petroleum News Today

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US Crude, Gasoline Inventories Continue to Sink

US Crude, Gasoline Inventories Continue to Sink

Tokyo Reverses Crisis-Era Benchmark Shift as Dubai-Brent Spread Narrows

Tokyo Reverses Crisis-Era Benchmark Shift as Dubai-Brent Spread Narrows

TotalEnergies Extends French Fuel Price Caps Through June

TotalEnergies Extends French Fuel Price Caps Through June

Dallas Fed Pres Says World Needs To Consume Less Oil And Gas

Dallas Fed Pres Says World Needs To Consume Less Oil And Gas

Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEO

Global power equations to shift further towards energy, critical minerals: Former Vedanta Group CEO

India Turns to Russia, Brazil, and Venezuela for Crude

India Turns to Russia, Brazil, and Venezuela for Crude

India’s energy strategy needs price correction

India’s energy strategy needs price correction

Powering transition: India needs resilient electric mobility infrastructure

Powering transition: India needs resilient electric mobility infrastructure

Iran accuses U.S. of breaking truce after new strikes

Iran accuses U.S. of breaking truce after new strikes

Trump's Iran Signals Send Oil Markets Into Chaos

Trump's Iran Signals Send Oil Markets Into Chaos

Mumbai high at 50: From discovery well to digital frontier

Mumbai high at 50: From discovery well to digital frontier

CPI(M) demands fuel price cuts, warn of large-scale protests

CPI(M) demands fuel price cuts, warn of large-scale protests

Congress chief Mallikarjun Kharge likens repeated fuel hikes to ?slow poisoning?

Congress chief Mallikarjun Kharge likens repeated fuel hikes to ?slow poisoning?

West Asia conflict, AI disruption pose risks for India Inc: Moody’s-ICRA report

West Asia conflict, AI disruption pose risks for India Inc: Moody’s-ICRA report

Global oil price gains 3% as U.S. Military strikes on Iran add to peace deal uncertainty

Global oil price gains 3% as U.S. Military strikes on Iran add to peace deal uncertainty

India’s Electricity Demand Rises 8.1% Despite West Asia-Driven Energy Price Pressures: ICRA

India’s Electricity Demand Rises 8.1% Despite West Asia-Driven Energy Price Pressures: ICRA

‘Elevated oil prices weigh on cos’ cash flows in near term’

‘Elevated oil prices weigh on cos’ cash flows in near term’

DIRE STRAIT: Fuel prices hiked again

DIRE STRAIT: Fuel prices hiked again

India raises CNG prices by Rs 2/kg across key regions for fourth time in two weeks

India raises CNG prices by Rs 2/kg across key regions for fourth time in two weeks

US rig count surges

US rig count surges

Latest Market News Of Energy & Petroleum

Daily Report News

Gasoline Futures Fall to Over 5-Week Low

Gasoline Futures Fall to Over 5-Week Low

Energy & Petroleum

Hellenic Shipping

US gasoline futures dropped below $3.10 per gallon, a 5-week low, on hopes of a potential Iran war agreement. This raises expectations for the Strait of Hormuz reopening, impacting global oil supply.

Shutdown of power generation units disrupts UP power grid

Shutdown of power generation units disrupts UP power grid

Energy & Petroleum

timesofindia.indiatimes.com

Uttar Pradesh faced major power disruptions as nine generation units (4,302 MW) shut down due to technical failures at Rosa, Ghatampur, and Jawaharpur plants. Outages hit districts, with 2,091 MW still non-operational, impacting the state grid and prompting emergency measures.

Quad gains momentum with Rubio’s India visit: USIBC

Quad gains momentum with Rubio’s India visit: USIBC

Energy & Petroleum

telanganatoday.com

USIBC welcomed strategic initiatives from Secretary Rubio's India visit, boosting Quad momentum and US-India economic ties. Key areas include critical minerals, energy security, digital infrastructure, and defence, signalling deeper partnership and commercial potential.

Mizoram CM reviews hydro project progress

Mizoram CM reviews hydro project progress

Energy & Petroleum

timesofindia.indiatimes.com

Mizoram CM reviewed the 132-MW Tuivai Hydro-electric Project, costing Rs 2,289.50 crore, targeting 5-year completion. It aims to boost local power generation, currently only 10% of demand, reducing Rs 649.54 crore annual power purchase.

44

Bhatti Inaugurates solar plant managed by women SHGs

Bhatti Inaugurates solar plant managed by women SHGs

Energy & Petroleum

timesofindia.indiatimes.com

Deputy CM Bhatti Vikramarka inaugurated a solar plant managed by women SHGs in Khammam, generating ₹14-15k daily. The government aims for 20,000 MW solar power by 2030, empowering women with ₹20,000 crore annual interest-free loans.

India lags global electric car boom with just 4% share in new vehicle sales

India lags global electric car boom with just 4% share in new vehicle sales

Energy & Petroleum

business-standard.com

India's electric car sales hit just 4% of new vehicles in 2025, significantly trailing the 25% global average. This is despite a 30% target by 2030, with 165,000 units sold, largely by Tata and Mahindra.

96

China PP faces heightened risks of a high-price pullback

China PP faces heightened risks of a high-price pullback

Energy & Petroleum

International oil prices dropped sharply to $96.14/bbl, down 7.15%, due to easing Middle East tensions. This increases the risk of a high-price pullback for China's polypropylene (PP), a crude oil derivative.

127

Solar power expected to soon be cheaper than natural gas power in Anchorage

Solar power expected to soon be cheaper than natural gas power in Anchorage

Energy & Petroleum

alaskabeacon.com

Alaska's largest solar farm near Anchorage, breaking ground this summer, is projected to deliver cheaper electricity than natural gas, especially as gas prices are expected to rise. This supports diversification and reduces reliance on gas.

Worsening climate change main culprit behind India’s extreme heat: UN climate chief

Worsening climate change main culprit behind India’s extreme heat: UN climate chief

Energy & Petroleum

UN climate chief states India's extreme heat is due to worsening climate change, causing record power demand, peaking at 270.8 GW on May 21. He emphasizes adaptation, clean energy, and efficiency to combat impacts and fossil fuel costs.

1219

Early Season Heat Lifts Natural Gas Power Burn to 11-Week High

Early Season Heat Lifts Natural Gas Power Burn to 11-Week High

Energy & Petroleum

naturalgasintel.com

Early summer heat pushed natural gas power generation to an 11-week high, its strongest since early March. Residential/commercial demand increased, while solar output declined from record levels.

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