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Energy & Petroleum News Today

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Top 5 Commodities Impacted By The Iran War

Top 5 Commodities Impacted By The Iran War

Strait of Hormuz closure a wake-up call to diversify energy, push renewables: Amit Mor

Strait of Hormuz closure a wake-up call to diversify energy, push renewables: Amit Mor

Goldman Sachs doubles down on oil and economy message for 2026

Goldman Sachs doubles down on oil and economy message for 2026

Israel reduces gas supplies to Egypt over Tamar, Leviathan ‘maintenance’

Israel reduces gas supplies to Egypt over Tamar, Leviathan ‘maintenance’

India's LNG Industry Pushes for Government Backing as Diesel Costs Surge

India's LNG Industry Pushes for Government Backing as Diesel Costs Surge

Energy News Monitor | Volume XXII, Issue 42

Energy News Monitor | Volume XXII, Issue 42

US energy exports hit record high in 2025, net exports surge 20%, imports decline 5%: EIA

US energy exports hit record high in 2025, net exports surge 20%, imports decline 5%: EIA

Chennai Road Projects Face Bitumen Supply Crunch

Chennai Road Projects Face Bitumen Supply Crunch

Nifty Bank down 1%; Why SBI, ICICI Bank, Axis Bank, PNB shares fell today

Nifty Bank down 1%; Why SBI, ICICI Bank, Axis Bank, PNB shares fell today

Electric vehicle charging – Global EV Outlook 2026 – Analysis

Electric vehicle charging – Global EV Outlook 2026 – Analysis

Indian Refiners Freeze Domestic Jet Fuel Prices

Indian Refiners Freeze Domestic Jet Fuel Prices

Goldman Sachs flags demand weakness as key risk to oil price outlook

Goldman Sachs flags demand weakness as key risk to oil price outlook

Petrol, Diesel Prices on June 1: Check latest fuel rates in Delhi, Mumbai, Kolkata, Bengaluru and other cities

Petrol, Diesel Prices on June 1: Check latest fuel rates in Delhi, Mumbai, Kolkata, Bengaluru and other cities

RBI MPC Poll | Despite rising headwinds, central bank expected to hold rates this week

RBI MPC Poll | Despite rising headwinds, central bank expected to hold rates this week

Price shock: How a distant war is emptying Nepali wallets

Price shock: How a distant war is emptying Nepali wallets

India bond yields rise as oil firms up ahead of RBI policy

India bond yields rise as oil firms up ahead of RBI policy

Why India’s Crude Oil Import Dependence Continues to Rise

Why India’s Crude Oil Import Dependence Continues to Rise

Windfall gains tax slashed on petrol, diesel, ATF exports

Windfall gains tax slashed on petrol, diesel, ATF exports

Report: Electric Vehicles Cut Global Oil Demand by 1.7m bpd as Sales Top 20m

Report: Electric Vehicles Cut Global Oil Demand by 1.7m bpd as Sales Top 20m

India may have found reliable trade route beyond Strait of Hormuz with Oman trade deal

India may have found reliable trade route beyond Strait of Hormuz with Oman trade deal

Latest Market News Of Energy & Petroleum

Daily Report News

Report Flags New Environmental Challenge: Growing Volumes Of Solar Panel And EV Battery Waste

Report Flags New Environmental Challenge: Growing Volumes Of Solar Panel And EV Battery Waste

Energy & Petroleum

India's clean energy boom, with solar capacity at 129 GW by 2025, faces a waste crisis. A report highlights inadequate recycling for 146 kilotonnes of solar waste (2024) and growing EV battery waste, risking environmental and health hazards.

97

China is dipping into its record oil stockpiles as fuel demand weakens

China is dipping into its record oil stockpiles as fuel demand weakens

Energy & Petroleum

bairdmaritime.com

China is tapping record crude oil stockpiles (1.25 billion barrels) due to weak fuel demand and refining losses. Imports could hit a decade low (6.451 million bpd), with refiners drawing 1 million bpd. This caps global oil prices, which fell 19% in May.

Higher petrol, diesel prices threaten to rekindle inflation pressures

Higher petrol, diesel prices threaten to rekindle inflation pressures

Energy & Petroleum

deccanherald.com

Rising petrol/diesel prices (up to Rs 10/litre) threaten India's inflation, potentially adding 36-48 basis points to CPI. Higher transport costs, especially for food and core sectors, are expected, with crude oil at $112/barrel exacerbating pressures.

76

$90 Oil Could Lift India's Inflation to 4.8% and Slow GDP Growth

$90 Oil Could Lift India's Inflation to 4.8% and Slow GDP Growth

Energy & Petroleum

India's inflation may reach 4.8% in FY27 if oil averages $90/bbl, slowing GDP growth to 6.3%. A $10 oil price hike could push inflation to 5.6% and GDP to 5.9%, warns 360 ONE Capital.

India: Thermal coal inventories edge up amid cautious buying

India: Thermal coal inventories edge up amid cautious buying

Energy & Petroleum

India's thermal coal inventories rose 0.6% to 15.61 mnt in week 22, with cautious, requirement-based buying ahead of monsoon. Adani's stock increased 3%. Imported coal demand remained subdued due to high costs and ample domestic supply.

26

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: Report

Energy & Petroleum

energy.economictimes.indiatimes.com

India's CPI inflation is projected to rise to 4.8% in FY27 due to $90/bbl crude oil and weak monsoon. GDP growth may moderate to 6.3%, with wider fiscal and current account deficits.

1220

Haryana to roll out smart metering from August 31

Haryana to roll out smart metering from August 31

Energy & Petroleum

awazthevoice.in

Haryana commits to rolling out smart metering from August 31, following a review by Union Minister Manohar Lal. Focus includes improving utility financial health, reducing AT&C losses, and expanding PM Surya Ghar scheme.

118

Gov't extends public-private crude oil swap system until end-June

Gov't extends public-private crude oil swap system until end-June

Energy & Petroleum

koreatimes.co.kr

Government extended its crude oil swap system with private firms until end-June due to Strait of Hormuz uncertainties. Introduced in April, 21 million barrels traded to stabilize fuel supplies. Korea secured 85% of July's pre-war oil.

79

Ichthys LNG Strikes 2026: Impact on Asian Energy Markets

Ichthys LNG Strikes 2026: Impact on Asian Energy Markets

Energy & Petroleum

discoveryalert.com.au

Ichthys LNG strikes in June 2026 disrupt 9.3 mt/yr LNG, 100,000 b/d condensate, and 1.65 mt/yr LPG output, impacting Asian energy markets. This recurring Australian labour dispute creates supply anxiety and cost pressures.

72

Foundation stone to be laid for BPCL refinery in Andhra soon

Foundation stone to be laid for BPCL refinery in Andhra soon

Energy & Petroleum

newindianexpress.com

Andhra Pradesh will soon lay the foundation for a Rs 1 lakh crore BPCL refinery and petrochemical complex. The project, targeting 9-12 MTPA capacity, promises Rs 87,558 crore to the state and 7,150 jobs, supported by significant government incentives.

57

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