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REFINED PRODUCTS MARKET
Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
MCX logs record daily turnover of Rs 62.93 lakh crore amid strong activityMCX recorded its highest-ever daily turnover of Rs 62.93 lakh crore on August 28, driven largely by options activity across more than 3.13 ...
Government to allocate fortnightly sugar sale quota to mills from September to prevent artificial scarcityRetail sugar prices are easing as ex-mill rates decline significantly. The government will now allocate sugar fortnightly to mills from Sep...
Carbon pricing, emissions tracking key to protect India's exports under EU CBAM: CII ReportIndia must enhance carbon pricing and emissions tracking systems for exporters. The European Union's Carbon Border Adjustment Mechanism ent...
BPCL to get first Iraqi crude cargo as Hormuz disruption persistsBharat Petroleum Corporation will soon receive its first Iraqi crude oil shipment. This move aims to secure supplies while facing disruptio...
Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
Six months into Iran war, almost half of global oil flows from war zonesAs of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy c...
India eases raw sugar import rules as it cracks down on hoardingThe government has extended the processing window for duty-free raw sugar imports. This move aims to increase domestic sugar availability b...
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
$20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
Xpeng's robotics unit valued at over $6.3 billion after record funding roundThe proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build...
Markets brace for more hawkish ECB as energy risks threaten to keep inflation elevatedMarkets are increasingly pricing in a more hawkish European Central Bank as geopolitical tensions, elevated energy costs and depleted gas i...
US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
In US, rare earths extracted from coal mine wastewaterWest Virginia University researchers are extracting valuable rare earth elements from acidic mine drainage. This process cleans up environm...
The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...