Energy & Petroleum
Energy & petroleum prices include a variety of products used in different industries like highways, railways, infrastructure & construction and oil & gas. Some ...

Energy & Petroleum Market Insights: Make informed decisions
View More%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_3_884fffe1a3.png&w=3840&q=75)
16 hours agoGear OilHydraulic OilRust Preventive Oil
China, Iran, and the Oil Market: How New U.S. Sanctions Could Reshape Trade Flows
Oil & gas product prices remain mixed, with base oils, fuel oils, and lubricants showing grade and packaging-based variations. Global sanctions and trade shifts, particularly U.S. actions against Iranian crude, are creating supply-side uncertainty. OPEC+ production increases and stable inventory levels offer a buffer, but volatility risks remain high.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_97b859b81f.png&w=3840&q=75)
1 day agoBitumenBitumen EmulsionBase Oil
Geopolitical Tensions Drive Oil & Bitumen Prices Amid Supply Uncertainties
Petroleum and bitumen prices are on an upward trend in India amid geopolitical tensions, Red Sea disruptions, and strong domestic infrastructure demand. Crude discoveries and global policy shifts add to volatility. While Indian prices rise, European bitumen prices remain weak. Market outlook stays firm, though tempered by economic and geopolitical risks.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_3_884fffe1a3.png&w=3840&q=75)
2 days agoBase Oil
Base Oil Market Remains Subdued Amid Supply Constraints and Price Volatility
Base oil prices in India remain firm despite subdued demand, supported by tight global supply and ongoing refinery maintenance. Domestic sourcing has increased amid competitive pricing. Asia’s Group I and high-viscosity Group II grades face constraints, while Group III remains competitive. Market direction hinges on crude oil trends and refinery restarts.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_1_576633f6b6.png&w=3840&q=75)
3 days agoBase OilFuel OilRubber Process Oil
India’s Russian Oil Imports Surge to 1.85 Million BPD in March Amid Sanctions Adjustments
Crude oil prices dipped slightly, with Brent at $71.91 and WTI at $68.02 per barrel. Indian refiners continue to prioritize discounted Russian crude despite sanctions, with March imports rising to 1.85 million bpd. Domestic petroleum product prices remain steady across key regions, while geopolitical factors continue to shape supply chains.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FEnergy_and_Petroleum_bb4a6ce960.png&w=3840&q=75)
6 days agoBase OilBitumenFuel Oil
India’s Crude Oil Imports Surge 4.7% in February, Domestic Production Declines 5.1%
Crude oil prices are showing modest gains amid OPEC+ cuts and fresh U.S. sanctions on Iran. India’s crude output continues to decline, pushing import dependence to 89.4%. Global supply remains tight. Despite optimistic trends, domestic production struggles persist, reinforcing the need for upstream investment and policy reforms.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_2_28fc6b2c74.png&w=3840&q=75)
7 days agoBase OilBitumen
Base Oil Market Steady Amid Soft Demand and Geopolitical Influences
Crude oil prices rebounded amid China’s economic growth and geopolitical risks. India’s crude imports increased, with Russia emerging as the top naphtha supplier. Base oil prices remained mostly stable, though buyer sentiment remained cautious. Market volatility is expected due to global economic policies, supply chain disruptions, and geopolitical tensions.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_97b859b81f.png&w=3840&q=75)
8 days agoBitumenBitumen Emulsion
Bitumen Market Faces Upward Pressure Amid Rising Costs and Global Trade Shifts
Oil and bitumen prices continue to be influenced by global economic conditions. While crude oil remains volatile, bitumen prices are expected to rise in India by mid-March. Key developments include Iran’s rising bitumen demand, the U.S. maintaining record-high oil production forecasts, and India’s increasing crude oil imports. Experts predict that crude oil will remain within the $60-$80 range shortly, with volatility persisting in the bitumen market.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_5_f380380411.png&w=3840&q=75)
9 days agoBase OilFuel OilGear Oil
India's Fuel Exports Surge Amid Russian Crude Trade Dynamics
Indian refiners continue to benefit from discounted Russian crude, driving strong fuel exports to the US. Despite sanctions, Russian oil indirectly enters global markets through refined products. Regulatory scrutiny may tighten, but demand for Indian refined fuel remains high. Future trade dynamics will depend on crude prices and policy shifts.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPetroleum_4_b2de717185.png&w=3840&q=75)
10 days agoBase OilBitumenFuel Oil
India Diversifies Crude Imports, Boosts African & South American Supply Amid Russian Oil Sanctions
India is diversifying crude oil imports, increasing purchases from Africa and South America while reducing Russian intake due to U.S. sanctions. Despite falling crude prices globally, domestic fuel rates remain stable, benefiting refiners.
Read Story
Latest energy & petroleum prices: Unlock the best deals
Energy & Petroleum Bytes: Stay ahead with the latest updates
Energy & Petroleum Tenders: Check active tenders
Energy & Petroleum FAQs
MARKETPLACE
© Powered by OFG MANUFACTURING BUSINESSES PRIVATE LIMITED, All Rights Reserved