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Energy & Petroleum News Today

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India’s poor pay price of global fuel shock

India’s poor pay price of global fuel shock

Broader impact of West Asia crisis to be felt strongly over next few quarters, says TCI MD

Broader impact of West Asia crisis to be felt strongly over next few quarters, says TCI MD

Sanctions war on? US tightens curbs on Iran oil despite probable deal to ease Hormuz movement

Sanctions war on? US tightens curbs on Iran oil despite probable deal to ease Hormuz movement

[Insight and Opinion] Government Intervention in the Market: Oil Refining and Petrochemicals Also Need Clear Justification

[Insight and Opinion] Government Intervention in the Market: Oil Refining and Petrochemicals Also Need Clear Justification

Strait of Hormuz transits remain limited as US-Iran ceasefire extended

Strait of Hormuz transits remain limited as US-Iran ceasefire extended

Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory

Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory

Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade

Philippines Receives First Iranian Crude Cargo Since Hormuz Blockade

Japan Crude Imports Fell 66% in April

Japan Crude Imports Fell 66% in April

Oil Prices Set to Slump 19% in May as Market Bets on U.S.-Iran Deal

Oil Prices Set to Slump 19% in May as Market Bets on U.S.-Iran Deal

Saudi Arabia Expected to Slash Oil Prices Again

Saudi Arabia Expected to Slash Oil Prices Again

Indian Oil Corp buys 5 million barrels of crude from West Africa, Middle East, sources say

Indian Oil Corp buys 5 million barrels of crude from West Africa, Middle East, sources say

China’s Export Prices Jump as Oil Shock Hits Factory Costs

China’s Export Prices Jump as Oil Shock Hits Factory Costs

Crude oil inventories fall less than forecasted, pressuring prices

Crude oil inventories fall less than forecasted, pressuring prices

The Commodities Feed: Ceasefire optimism weighs on energy markets

The Commodities Feed: Ceasefire optimism weighs on energy markets

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EY

IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EY

Reliance Industries flags 'extreme volatility' risks from West Asia crisis

Reliance Industries flags 'extreme volatility' risks from West Asia crisis

Navigating Economic Turmoil: India's Strategic Gold Shift

Navigating Economic Turmoil: India's Strategic Gold Shift

Bank, OMC shares to remain in focus on Friday as crude rises after fresh US strikes in Iran

Bank, OMC shares to remain in focus on Friday as crude rises after fresh US strikes in Iran

Kartikey Hariyani, CEO at ChargeZone

Kartikey Hariyani, CEO at ChargeZone

Latest Market News Of Energy & Petroleum

Daily Report News

Bridge Green Backs Chennai Circular Industry Growth

Bridge Green Backs Chennai Circular Industry Growth

Energy & Petroleum

Chennai commissions a large-scale battery recycling facility in Gummidipoondi, strengthening India's clean-energy supply chain. It recovers critical minerals, reduces import dependence, and supports a circular economy for sustainable industrial growth.

97

India Turns to Mature Oil and Gas Fields to Strengthen Energy Security

India Turns to Mature Oil and Gas Fields to Strengthen Energy Security

Energy & Petroleum

chemindigest.com

India is boosting energy security by maximizing production from mature oil and gas fields. Leveraging advanced EOR/IOR technologies, aiming to increase current 30-35% oil recovery rates. Government policies support these efforts to reduce import dependence.

1219

Was there a judicial balancing between the Great Indian Bustard and solar panels in ‘MK Ranjitsinh v Union of India’?

Was there a judicial balancing between the Great Indian Bustard and solar panels in ‘MK Ranjitsinh v Union of India’?

Energy & Petroleum

downtoearth.org.in

India's Supreme Court recognized a climate change right but reversed GIB protection, impacting 50-249 critically endangered birds. The ruling is criticized for lacking enforcement and misapplying habitat area, leaving the GIB's fate to a committee.

68

Japan ethylene plants' operating rate at record low amid Mideast disruption

Japan ethylene plants' operating rate at record low amid Mideast disruption

Energy & Petroleum

english.kyodonews.net

Japan's ethylene plant operating rate hit a record low of 67.3% in April due to Middle East conflict disrupting naphtha supply. Costs rose, impacting consumer prices. Rates are expected to recover to 70% in May/June, with increased non-Mideast naphtha sourcing.

83

RBI Annual Report 2025-26: Oil Price Surge, Inflation Risks, and GDP Outlook for 2026-27 - News and Statistics

RBI Annual Report 2025-26: Oil Price Surge, Inflation Risks, and GDP Outlook for 2026-27 - News and Statistics

Energy & Petroleum

RBI's 2025-26 report forecasts India's FY27 GDP growth at 6.9% and CPI inflation at 4.6%. Oil price surges and geopolitical tensions pose downside risks, despite FY26's 7.6% growth and 2.1% inflation.

89

Eloor to seek return of funds spent on KSRTC’s ‘Gramavandi’ Service

Eloor to seek return of funds spent on KSRTC’s ‘Gramavandi’ Service

Energy & Petroleum

infra.economictimes.indiatimes.com

Eloor municipality seeks return of ₹90,000 monthly funds for KSRTC's 'Gramavandi' service, launched May 2023. Buses failed to operate on prescribed routes, especially Manjummel, despite the municipality bearing fuel costs.

Passengers demand sticking despite higher ticket prices: IndiGo

Passengers demand sticking despite higher ticket prices: IndiGo

Energy & Petroleum

infra.economictimes.indiatimes.com

IndiGo reports inelastic demand despite over 40% domestic fare hikes, driven by jet fuel prices reaching $195.19/barrel. The airline passes costs domestically but struggles internationally, absorbing some impact.

Global air cargo demand rises 4% in April despite West Asia disruptions: IATA

Global air cargo demand rises 4% in April despite West Asia disruptions: IATA

Energy & Petroleum

infra.economictimes.indiatimes.com

Global air cargo demand grew 4% in April 2026, reaching a 46% load factor despite West Asia disruptions. Asia Pacific led growth at 10.5%, but West Asia declined 18.2%. Fuel costs and yields surged, while global trade volumes contracted.

1020

Middle East conflict disrupts major metals and mining markets, threatening global supply and prices

Middle East conflict disrupts major metals and mining markets, threatening global supply and prices

Energy & Petroleum

Hellenic Shipping

The Middle East conflict, escalating early 2026, is disrupting global metals and mining supply chains. Strait of Hormuz closure and regional processing damage cause widespread market and cost impacts, threatening global supply and prices.

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Oil prices on pace for sharp weekly declines on U.S.-Iran ceasefire deal prospects

Energy & Petroleum

Hellenic Shipping

Oil prices edged lower on Friday, set for weekly declines, as investors weighed progress in diplomatic efforts for a US-Iran peace deal.

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