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Energy & Petroleum News Today

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Oil prices jump amid reports of Iranian missile strike on U.S. vessel

Oil prices jump amid reports of Iranian missile strike on U.S. vessel

Iran, US Exchange Fire in Persian Gulf

Iran, US Exchange Fire in Persian Gulf

West Asia war has a crude lesson for Indian economy: Cut the oil imports

West Asia war has a crude lesson for Indian economy: Cut the oil imports

BofA: Plastic prices surge as Iran conflict disrupts petrochemical supply

BofA: Plastic prices surge as Iran conflict disrupts petrochemical supply

Despite West Asia Crisis, Fuel Supply Stable Nationwide. Excise Duty to Offset Global Crude Surge

Despite West Asia Crisis, Fuel Supply Stable Nationwide. Excise Duty to Offset Global Crude Surge

No government financial support planned for fuel retailers' petrol, diesel, ATF losses

No government financial support planned for fuel retailers' petrol, diesel, ATF losses

China Defies U.S. Sanctions: Oil, Iran and the Escalating Geopolitics of Energy Power

China Defies U.S. Sanctions: Oil, Iran and the Escalating Geopolitics of Energy Power

Fuel Price Hike Likely as OMC Losses Deepen, Crude Prices Stay Elevated

Fuel Price Hike Likely as OMC Losses Deepen, Crude Prices Stay Elevated

Trump Project Freedom: Strait of Hormuz Oil Crisis

Trump Project Freedom: Strait of Hormuz Oil Crisis

India’s Deep-Sea Oil Push: Govt Eyes ‘No-Go’ Zones to Cut Import Dependence

India’s Deep-Sea Oil Push: Govt Eyes ‘No-Go’ Zones to Cut Import Dependence

Russia takes advantage of expanding oil and gas market

Russia takes advantage of expanding oil and gas market

Shipping Freeze Deepens in Strait of Hormuz

Shipping Freeze Deepens in Strait of Hormuz

UAE: OPEC Exit 'Not Directed Against Anyone'

UAE: OPEC Exit 'Not Directed Against Anyone'

Ukrainian drones hit Russia's Primorsk port, oil tankers and military ships

Ukrainian drones hit Russia's Primorsk port, oil tankers and military ships

Most Strait of Hormuz shipping at a standstill despite latest US pledge

Most Strait of Hormuz shipping at a standstill despite latest US pledge

Kuwait’s oil production expected to reach 2.628 million bpd in June, state media reports

Kuwait’s oil production expected to reach 2.628 million bpd in June, state media reports

Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains

Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains

$125 Oil Could Tip Global Economy Into Recession

$125 Oil Could Tip Global Economy Into Recession

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025

OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025

Latest Market News Of Energy & Petroleum

Daily Report News

India’s energy security amid conflicts

India’s energy security amid conflicts

Energy & Petroleum

West Asia conflict impacts India's economy, slowing growth from 7.4% to 6.5% (FY26-FY27) and raising inflation from 2.3% to 4.4%. Brent crude hit $109.03, reflecting severe global energy shocks.

26

Rising energy costs from Middle East tensions hit Thai businesses

Rising energy costs from Middle East tensions hit Thai businesses

Energy & Petroleum

asianews.network

Thai businesses face a "cost tsunami" from Middle East tensions, driving energy prices up to US$105-115/barrel. SMEs, transport, and petrochemicals are hit hardest, impacting tourism, exports, and consumption, risking stagflation.

45

Rhetoric vs reality: India’s energy situation demands urgent action

Rhetoric vs reality: India’s energy situation demands urgent action

Energy & Petroleum

thehansindia.com

India faces urgent energy action due to 85% crude oil import dependence. Deep-water oil projects take 15.1 years, making reactive policies insufficient. Strategic reserves, import diversification, and accelerated renewables are crucial for long-term sustainability.

66

Falling US oil inventories put upward pressure on fuel prices

Falling US oil inventories put upward pressure on fuel prices

Energy & Petroleum

Hellenic Shipping

Falling US oil inventories are putting upward pressure on fuel prices. Tankers, previously noted by Trump, are now delivering much-needed crude and products globally, impacting market supplies.

Pratap Technocrats wins ₹776 crore deal to deploy 570MWh BESS at NTPC power plants

Pratap Technocrats wins ₹776 crore deal to deploy 570MWh BESS at NTPC power plants

Energy & Petroleum

infra.economictimes.indiatimes.com

Pratap Technocrats secured a ₹776 crore deal with NTPC to deploy 570MWh BESS. This marks their green energy foray, installing 320MWh at Gadarwara and 250MWh at Khargone, boosting India's sustainable energy infrastructure.

1015

Solar Plus Storage Push Reshapes CandI Renewable Energy Strategy

Solar Plus Storage Push Reshapes CandI Renewable Energy Strategy

Energy & Petroleum

India's C&I sector is shifting from rooftop solar to a mix of solar, wind, and battery storage. This strategic change is driven by rising tariffs, new policies, and increasing demand for green power.

Chinese refineries prepare for potential US Iran sanctions: sources

Chinese refineries prepare for potential US Iran sanctions: sources

Energy & Petroleum

Hellenic Shipping

Chinese independent oil refineries are preparing for potential US sanctions on Iranian oil. They are establishing new entities and separate bank accounts to circumvent any imposed measures, according to industry sources.

Speculators hike net-long positions in Brent

Speculators hike net-long positions in Brent

Energy & Petroleum

Hellenic Shipping

Money managers and hedge funds increased net-long positions in ICE Brent futures by April 28, reflecting heightened speculative interest in oil markets.

Low-lying electric wires on migration route pose threat to elephants near Krishnagiri

Low-lying electric wires on migration route pose threat to elephants near Krishnagiri

Energy & Petroleum

timesofindia.indiatimes.com

Low-lying electric wires near Krishnagiri's Thadikal area threaten over 50 migrating elephants in Denkanikottai forest, risking electrocution due to drought-induced movement. Villagers demand action from forest and electricity departments.

Power disrupted for 10,000 in Jabalpur after assault, feeder shutdown at Madhotal substation

Power disrupted for 10,000 in Jabalpur after assault, feeder shutdown at Madhotal substation

Energy & Petroleum

timesofindia.indiatimes.com

In Jabalpur, 10,000 consumers faced a 2h 50m power disruption after staff were assaulted, infrastructure damaged (Rs 40,000), and feeders shut down at Madhotal substation. Another incident involved obstruction during power theft inspection.

88

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