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Energy & Petroleum News Today

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Global Oil Plummets to Pre-Conflict Lows; India''s Fuel Steady

Global Oil Plummets to Pre-Conflict Lows; India''s Fuel Steady

| North India cotton yarn steady; recycled yarn weakens in Panipat

| North India cotton yarn steady; recycled yarn weakens in Panipat

U.S. refiners key to stabilizing global energy markets

U.S. refiners key to stabilizing global energy markets

China state refiners considering resuming Iran oil imports, sources say

China state refiners considering resuming Iran oil imports, sources say

Crude Oil Prices Return to Pre-War Levels, But LNG Prices Remain Elevated

Crude Oil Prices Return to Pre-War Levels, But LNG Prices Remain Elevated

Jefferies Sees Gains for BPCL, IOC as Crude Drops Below $75

Jefferies Sees Gains for BPCL, IOC as Crude Drops Below $75

Nation's energy mix gains edge amid global woes

Nation's energy mix gains edge amid global woes

Government may ask airlines to review surcharges and additional prices if crude stabilises

Government may ask airlines to review surcharges and additional prices if crude stabilises

Oil markets entering era of persistent geopolitical risks – industry analyst

Oil markets entering era of persistent geopolitical risks – industry analyst

Crisil Sees Brent At USD 90-95 Per Barrel Raising India's CAD Risk

Crisil Sees Brent At USD 90-95 Per Barrel Raising India's CAD Risk

ONGC Shifts to Gas-Led Growth as Gas Output Tops Oil

ONGC Shifts to Gas-Led Growth as Gas Output Tops Oil

Oil falls as more supply flows through Hormuz; Brent crude at below $77/bbl

Oil falls as more supply flows through Hormuz; Brent crude at below $77/bbl

UAE’s exit from OPEC+ reduced the group’s share of crude oil production and capacity

UAE’s exit from OPEC+ reduced the group’s share of crude oil production and capacity

Oil extends losses as Hormuz traffic recovers following Iran peace talks

Oil extends losses as Hormuz traffic recovers following Iran peace talks

IndiGo takes AI to the skies with fuel-saving flight optimisation trials

IndiGo takes AI to the skies with fuel-saving flight optimisation trials

Trump Singles Out Exxon, Chevron, Shell, and BP Over High Gas Prices

Trump Singles Out Exxon, Chevron, Shell, and BP Over High Gas Prices

US crude oil inventories drop to lowest level since 1984

US crude oil inventories drop to lowest level since 1984

Rates Spark: More repricing risk at front end

Rates Spark: More repricing risk at front end

Oil falls to pre-Iran war lows as Strait of Hormuz flows normalize

Oil falls to pre-Iran war lows as Strait of Hormuz flows normalize

Iraq Could Quit OPEC in Bid to Pump More Oil

Iraq Could Quit OPEC in Bid to Pump More Oil

Latest Market News Of Energy & Petroleum

Daily Report News

Bengaluru Roadworks Face Delays As Bitumen Prices Surge

Bengaluru Roadworks Face Delays As Bitumen Prices Surge

Energy & Petroleum

Bengaluru's roadworks face delays due to surging bitumen prices, impacting construction schedules, maintenance, and safety. This highlights challenges in sustaining infrastructure upgrades amid global supply chain pressures and calls for stronger planning.

Karnataka ESCOMS to provide Rs 1 lakh per division for safety drive

Karnataka ESCOMS to provide Rs 1 lakh per division for safety drive

Energy & Petroleum

newindianexpress.com

Karnataka ESCOMs will contribute Rs 1 lakh per division for 'National Electrical Safety Week' events. This initiative aims to raise public awareness on electrical safety and implement preventive measures, with a focus on new recruitments to fill vacant posts.

79

Daily News Update from sarkaritel: June 27, 2026

Daily News Update from sarkaritel: June 27, 2026

Energy & Petroleum

India's power sector thrives with NLC India raising ₹500 Cr, POWERGRID boosting borrowing to ₹2.2 lakh Cr, and NTPC expanding green energy. Oil & gas reports increased LPG supplies and stable fuel prices.

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, significantly surpassing market expectations. This increase, reported by the EIA, is impacting prices.

No smooth landing: ICRA sees Indian airlines' losses widening up to ₹38,000 crore in FY27

No smooth landing: ICRA sees Indian airlines' losses widening up to ₹38,000 crore in FY27

Energy & Petroleum

infra.economictimes.indiatimes.com

ICRA projects Indian airlines' FY27 losses to hit ₹36,000-38,000 crore, nearly tripling earlier estimates, due to a weaker rupee, high fuel costs, and subdued demand from the West Asian conflict. FY26 losses also doubled to ₹32,000-34,000 crore.

Air India may restore some flight schedules amid easing West Asia conflict: Sources

Air India may restore some flight schedules amid easing West Asia conflict: Sources

Energy & Petroleum

infra.economictimes.indiatimes.com

Air India plans flight restoration due to easing West Asia conflict, stable operations, and lower fuel. Record June OTP (86% overall, 90% domestic) and positive feedback for retrofitted Boeing 787s, NPS to +43.

Akasa Air to reduce Prayagraj-Mumbai flights, committee seeks review

Akasa Air to reduce Prayagraj-Mumbai flights, committee seeks review

Energy & Petroleum

infra.economictimes.indiatimes.com

Akasa Air to reduce Prayagraj-Mumbai flights to one weekly from July 1 over fuel costs. Airport committee urged reconsideration, decision under review. Night landing and cargo terminal land issues also discussed.

109

Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI

Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRI

Energy & Petroleum

dailyexcelsior.com

Anti-dumping duty on CRGO steel, 90% imported, could raise transformer costs and slow India's Rs 9.15 lakh crore power grid expansion. Domestic production is only 40,000-50,000 tonnes against 4,00,000-4,50,000 tonnes consumption.

99

Explainer: Changing weather impact on power infra

Explainer: Changing weather impact on power infra

Energy & Petroleum

tribuneindia.com

Punjab's power infra faces severe climate impact. PSPCL lost over Rs 500 crore in 5 years, including Rs 50 crore this year, due to storms and floods damaging poles and transformers. Experts urge proactive climate resilience and better construction.

124

Why India’s Foreign Minister Went to Mongolia - The Diplomat – Asia

Why India’s Foreign Minister Went to Mongolia - The Diplomat – Asia

Energy & Petroleum

thediplomat.com

India's Foreign Minister Jaishankar visited Mongolia, strengthening strategic ties, economic cooperation, and cultural links. India is financing Mongolia's first oil refinery with a $1.7 billion line of credit, boosting trade and defense partnerships under the Act East Policy.

14

Energy & Petroleum Prices

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Imported

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EX - Pithampur

Imported

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VG30 Bulk

EX - Mangalore

Imported

Bitumen

VG30 Drum

EX - Mundra

Imported

Bitumen

VG30 Bulk

EX - Mathura

Imported

Bitumen

VG30 Bulk

EX - Karwar

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