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Energy & Petroleum News Today

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Kolkata Fuel Prices Hold Steady Despite Crude Shift

Kolkata Fuel Prices Hold Steady Despite Crude Shift

How many products in your daily life are made from fossil fuels?

How many products in your daily life are made from fossil fuels?

‘Doubled in months’: Karnataka hoteliers seek LPG price rollback amid crude rate decline | India News

‘Doubled in months’: Karnataka hoteliers seek LPG price rollback amid crude rate decline | India News

The Integrated Barrel?

The Integrated Barrel?

Bengaluru Roadworks Face Delays As Bitumen Prices Surge

Bengaluru Roadworks Face Delays As Bitumen Prices Surge

Crude Oil Weekly Decline: Tanker Traffic Recovery in Strait of Hormuz | 2026 - News and Statistics

Crude Oil Weekly Decline: Tanker Traffic Recovery in Strait of Hormuz | 2026 - News and Statistics

China Raises July Fuel Export Quota to 800,000 Tons Amid Tight Asian Markets - News and Statistics

China Raises July Fuel Export Quota to 800,000 Tons Amid Tight Asian Markets - News and Statistics

Iran insists on right to control shipping in Strait of Hormuz after ship hit near Oman

Iran insists on right to control shipping in Strait of Hormuz after ship hit near Oman

Crude Falls on Surging Hormuz Shipments

Crude Falls on Surging Hormuz Shipments

Russia's Fuel Crisis Is Pushing the Kremlin Toward Kazakhstan

Russia's Fuel Crisis Is Pushing the Kremlin Toward Kazakhstan

DC Edit | Crude Falls: But Where's The Relief?

DC Edit | Crude Falls: But Where's The Relief?

Oil minister stresses BRICS cooperation to achieve energy security

Oil minister stresses BRICS cooperation to achieve energy security

Goldman Sachs hikes India’s GDP growth forecast

Goldman Sachs hikes India’s GDP growth forecast

| Textile feedstock prices fall; downstream market remains in range

| Textile feedstock prices fall; downstream market remains in range

Ukrainian drone struck NORSI refinery, forcing halt to gasoline production

Ukrainian drone struck NORSI refinery, forcing halt to gasoline production

Nepal holds fuel prices despite sharp fall in global oil prices

Nepal holds fuel prices despite sharp fall in global oil prices

European gas slips as Hormuz transit close to normalization

European gas slips as Hormuz transit close to normalization

Oil Heads for Weekly Loss as Hormuz Tanker Traffic Rebounds

Oil Heads for Weekly Loss as Hormuz Tanker Traffic Rebounds

Qatar Offers First Crude Loadings to Buyers Since War Began

Qatar Offers First Crude Loadings to Buyers Since War Began

TTF gas and Brent crude: risks and opportunities in two of the world’s most traded energy markets as Hormuz Strait reopens

TTF gas and Brent crude: risks and opportunities in two of the world’s most traded energy markets as Hormuz Strait reopens

Latest Market News Of Energy & Petroleum

Daily Report News

Mumbai Power Maintenance Aims Stronger Urban Network

Mumbai Power Maintenance Aims Stronger Urban Network

Energy & Petroleum

Mumbai undertakes planned power maintenance across railway corridors (Central, Western) and localities to strengthen critical infrastructure. This proactive upgrade, affecting millions daily, aims for long-term reliability, safety, and urban resilience, despite temporary disruptions.

47

Navi Mumbai Adds CNG Buses For Commuters

Navi Mumbai Adds CNG Buses For Commuters

Energy & Petroleum

Navi Mumbai Municipal Transport (NMMT) is inducting 30 CNG buses, part of a 150-vehicle expansion, to boost its 350-bus fleet. This aims to improve service reliability, frequency, and connectivity, addressing rising commuter demand and reducing waiting times.

13

A Visit That Could Redraw Africa’s Place in the World

A Visit That Could Redraw Africa’s Place in the World

Energy & Petroleum

indianarrative.com

South Africa's Deputy President visited India to boost trade, investment, and Global South coordination. Bilateral trade reached $15-18 billion, with India-Africa trade hitting $100 billion. Focus on critical minerals, industrialization, and South Africa as Africa's gateway.

124

Natural gas storage rise surpasses expectations, impacting prices

Natural gas storage rise surpasses expectations, impacting prices

Energy & Petroleum

Hellenic Shipping

U.S. natural gas storage rose by 76 billion cubic feet, as per EIA, significantly surpassing market expectations. This substantial increase is now impacting prices.

Repeated crises reaffirm role of PSU oil firms

Repeated crises reaffirm role of PSU oil firms

Energy & Petroleum

The Economic Times

Despite past criticisms and failed privatization bids in 2002 and 2020, PSU oil firms like IOC, BPCL, HPCL have consistently ensured fuel supply during crises like 2015 floods and Covid-19, reaffirming their vital national role.

Iraq seeks reassessment of OPEC production quotas

Iraq seeks reassessment of OPEC production quotas

Energy & Petroleum

Hellenic Shipping

Iraq's Oil Ministry announced OPEC is gradually restoring its pre-war production allocations. This move aims to strengthen Iraq's output capacity and support the recovery of its oil sector, signaling a positive step for the nation's economy.

108

Asia top stories – weekly summary

Asia top stories – weekly summary

Energy & Petroleum

Asia's chemical markets saw mixed trends by June 26, 2026. China's exports were strong, but global base oils face a long recovery. Indonesia removed Rp 26.34 trillion in import tariffs, and oil prices eased on US-Iran talks.

1119

Iran – U.S. Peace Deal: India’s Economic Equation

Iran – U.S. Peace Deal: India’s Economic Equation

Energy & Petroleum

greaterkashmir.com

US-Iran peace deal ends 107-day conflict, boosting India's energy security, easing inflation, and stabilizing construction costs (up 25%). It enhances trade and real estate, with GCC imports $123B, exports $55.71B.

Lower power tariffs, the competitive edge MSMEs need

Lower power tariffs, the competitive edge MSMEs need

Energy & Petroleum

timesofindia.indiatimes.com

Indian MSMEs face high power costs (`8/unit), hindering global competitiveness against countries like China (`2.80/unit). Despite 61GW renewable capacity, system inefficiencies and discom losses lead to curtailment and expensive power. Fixing the power system is vital.

Millions of Indian reservoirs sat idle for decades, and now engineers are turning them into floating power plants

Millions of Indian reservoirs sat idle for decades, and now engineers are turning them into floating power plants

Energy & Petroleum

energiesmedia.com

India is transforming millions of idle reservoirs into floating solar power plants to achieve its 500 GW non-fossil fuel target. This innovative approach offers 5-15% efficiency gains, overcomes land scarcity, and positions India as a top global market.

Energy & Petroleum Prices

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EX - Pithampur

Imported

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EX - Mangalore

Imported

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VG30 Drum

EX - Mundra

Imported

Bitumen

VG30 Bulk

EX - Mathura

Imported

Bitumen

VG30 Bulk

EX - Karwar

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