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HIGH LNG PRICES IMPACT
Gold falls more than 1% after Fed hikes interest ratesGold prices fall more than 1% after the US Federal Reserve raises interest rates and signals further hikes, pushing the dollar higher and w...
Centre seeks NPPA report on high markups in hospital consumablesThe Centre has requested a report from the NPPA regarding price discrepancies. Maharashtra FDA flagged significant gaps between trade price...
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
How the great gas crisis of 2030 will play outA speculative scenario set in October 2030 imagines a third global natural gas crisis in eight years, as faltering US shale output, extreme...
India, China to see LNG demand rebound once Middle East supply crunch eases, executives say at Gastech conferenceAsian LNG demand from India and China is expected to recover soon. This rebound hinges on easing Middle East supply disruptions and falling...
Natural gas imports rise despite price surgeIndia's natural gas imports are increasing despite higher prices this fiscal year. Demand is boosted by subsidized fertilizer and growing C...
India's wholesale inflation accelerates to 9.92% in August from 9.78% in JulyIndia’s wholesale inflation accelerated to 9.92% in August from 9.78% in July, slightly above the 9.89% expected in a Reuters poll. Consume...
India, Asian peers pile up $7.4 billion spot-gas bill, turning wary of LNGAsian nations spent billions on spot LNG after supply disruptions. These higher costs pressure economies reliant on natural gas imports. Co...
US consumer prices accelerate in August, push Fed closer to rate hikeIn August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantia...
Amid US-Iran war and rising LNG rates, GAIL Gas turns to blended pricing to keep industrial gas affordableGAIL Gas employs blended pricing to keep industrial natural gas affordable. This strategy uses varied gas supplies and contractual flexibil...
US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goodsIn the U.S., diesel prices have soared to unprecedented levels, surpassing six dollars a gallon. This spike is primarily caused by tensions...
Govt asks sugar mills to ensure adequate supplies during festivals, keep prices 'reasonable'Indian sugar mills are asked to ensure adequate supplies for the upcoming festival season. Domestic mills are seeking to import nearly 800,...
Qatar sends empty LNG ships back toward Gulf amid signs exports could resumeSeveral LNG tankers associated with Qatar are currently en route to the Persian Gulf, hinting at a potential restart of shipments through t...
Government's Rs 37,500-cr coal gasification scheme fails to attract bidsNo applications were submitted for the Rs 37,500 crore coal gasification incentive scheme. The September 7 deadline passed without any priv...
Viability issues: Think Gas seeks 30% reduction in LNG terminal chargesCity gas distributor Think Gas urges a thirty percent reduction in LNG terminal usage charges. High regasification and truck loading fees c...
Blackouts and bigger bills: Pakistan's energy dilemma deepens as Middle East war hurts supplyPakistan’s energy crisis is worsening as disrupted LNG supplies and soaring spot prices force Islamabad to choose between expensive fuel an...
Higher LNG prices likely from September; downstream players may face margin pressure costs: ReportIndia’s LNG demand remains resilient despite spot prices above $20/MMBtu, but rising gas costs could squeeze downstream margins, according ...