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Energy & Petroleum News Today

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USA Crude Oil Stocks Drop Almost 2MM Barrels WoW

USA Crude Oil Stocks Drop Almost 2MM Barrels WoW

Oil Ends Lower but Holds Weekly Gains

Oil Ends Lower but Holds Weekly Gains

China's oil fortress will reshape the global order

China's oil fortress will reshape the global order

Oil market absorbs war shock through buffers, but stocks run thin: IMF

Oil market absorbs war shock through buffers, but stocks run thin: IMF

Iran Instructs Houthis to Prepare Red Sea Shipping Attacks

Iran Instructs Houthis to Prepare Red Sea Shipping Attacks

United Arab Emirates Oil Output Highest since 2020

United Arab Emirates Oil Output Highest since 2020

The Commodities Feed: Renewed US-Iran tensions unnerve oil market

The Commodities Feed: Renewed US-Iran tensions unnerve oil market

Petroleum markets responded to disruptions in the Middle East in the second quarter

Petroleum markets responded to disruptions in the Middle East in the second quarter

India Hikes Diesel and Jet Fuel Export Tax

India Hikes Diesel and Jet Fuel Export Tax

Asian refiners may be the surprise winners of fresh fuels crunch

Asian refiners may be the surprise winners of fresh fuels crunch

IEA Warns World Has Just Weeks to Avoid Hormuz Economic Shock

IEA Warns World Has Just Weeks to Avoid Hormuz Economic Shock

U.S. Strikes Iran-Linked Tanker Near Kharg Island

U.S. Strikes Iran-Linked Tanker Near Kharg Island

Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil scene

Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil scene

Crude Oil Inventories Fall Less Than Expected, Impacting Market Sentiment

Crude Oil Inventories Fall Less Than Expected, Impacting Market Sentiment

India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

India raises windfall tax on diesel, ATF exports; cuts levy on petrol exports

Kolkata Fuel Prices Hold Despite Crude Rally

Kolkata Fuel Prices Hold Despite Crude Rally

Export gains: on India’s trade data for June

Export gains: on India’s trade data for June

Kaztransoil sees busier H1 2026 as main pipeline oil volumes rise

Kaztransoil sees busier H1 2026 as main pipeline oil volumes rise

ONGC board approves 1.75 million ton expansion of India's strategic crude oil reserves in Mangalore

ONGC board approves 1.75 million ton expansion of India's strategic crude oil reserves in Mangalore

China's oil imports plunge 40 percent, keeping a lid on energy prices

China's oil imports plunge 40 percent, keeping a lid on energy prices

Latest Market News Of Energy & Petroleum

Daily Report News

SECL wins Green Transition Leadership Award

SECL wins Green Transition Leadership Award

Energy & Petroleum

SECL won the 'Green Transition Leadership Award' for sustainable mining. It became the first Coal India subsidiary to cross 50 MT coal production in FY 2026-27, achieving 9.5% YoY growth, driven by projects like Dipka (11.8 MT) and Gevra (11.7 MT).

High-capacity EV charging station opens at New Ashok Nagar Namo Bharat station in Delhi

High-capacity EV charging station opens at New Ashok Nagar Namo Bharat station in Delhi

Energy & Petroleum

NCRTC opened Delhi's largest EV charging station at New Ashok Nagar Namo Bharat, featuring 14 points, including 480 kW ultra-fast chargers. This expands their network to nine stations, promoting EV adoption and environmental sustainability.

India: Portside Indonesian thermal coal prices stay mixed as weak domestic demand offsets firmer global prices

India: Portside Indonesian thermal coal prices stay mixed as weak domestic demand offsets firmer global prices

Energy & Petroleum

Indian portside Indonesian thermal coal prices showed mixed trends. 5,000 GAR and 4,200 GAR declined by INR 50-200/t due to weak domestic demand, while 3,400 GAR rose INR 150/t. Global prices firmed, but ample domestic supply capped significant gains.

Driving the Future: India's Electric Vehicle Surge

Driving the Future: India's Electric Vehicle Surge

Energy & Petroleum

devdiscourse.com

India targets 30% EV penetration by 2030, driven by innovation, IP development, and government incentives. Industry must adapt to this transformative shift, with Haryana leading proactive policies.

Tesla Completes One Year In India, Trails BMW, Mercedes-Benz And BYD

Tesla Completes One Year In India, Trails BMW, Mercedes-Benz And BYD

Energy & Petroleum

Tesla completed one year in India, selling only 486 cars, trailing rivals like BMW and Mercedes-Benz. Despite a Rs 9 lakh price cut on Model Y (now Rs 50.89 lakh), sales remain below expectations, highlighting challenges.

114

BikeWo partners Yubhas Renewables to pilot solar-assisted electric three-wheelers for rural mobility

BikeWo partners Yubhas Renewables to pilot solar-assisted electric three-wheelers for rural mobility

Energy & Petroleum

auto.economictimes.indiatimes.com

BikeWo and Yubhas Renewables partnered to pilot solar-assisted electric three-wheelers for rural mobility. This initiative aims to support transport, logistics, and healthcare, fostering income opportunities and a clean ecosystem in rural communities.

US producer prices fall sharply in June as energy costs retreat, but inflation risks persist

US producer prices fall sharply in June as energy costs retreat, but inflation risks persist

Energy & Petroleum

polymerupdate.com

US producer prices fell 0.3% in June, the steepest monthly drop in over a year, driven by lower energy costs. Annual PPI rose 5.5%. However, inflation risks persist due to geopolitical tensions.

1217

Lithium prices to decline further due to oversupply

Lithium prices to decline further due to oversupply

Energy & Petroleum

Market analysts predict lithium prices will decline further in 2026 due to oversupply and slow demand growth, impacting the industry outlook.

78

Tamil Nadu Power Consumption Reaches Historic Peak

Tamil Nadu Power Consumption Reaches Historic Peak

Energy & Petroleum

Tamil Nadu hit a historic power consumption peak of 472.263 MU, with demand above 21,500 MW, due to extreme heat. This highlights infrastructure pressure and the need for climate-resilient energy planning.

New CAFE III Norms Pave Way for Accelerated EV Adoption

New CAFE III Norms Pave Way for Accelerated EV Adoption

Energy & Petroleum

devdiscourse.com

New CAFE III norms target accelerated EV adoption, offering OEMs 3-year compliance flexibility. EV penetration is projected to reach 8.8% by FY28 and 12.7% by FY30, despite reduced hybrid credits.

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