Energy & Petroleum
Energy & petroleum prices include a variety of products like bitumen, gear oil, fuel oil etc. used in different industries like highways, railways, infrastructu...

Energy & Petroleum Market Insights: Make informed decisions
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5 days agoBitumenBitumen Emulsion
East Asia, India, and Iran Drive Bitumen Market Uncertainty
Bitumen markets remain subdued across Asia and India, with prices stagnant amid weak demand and monsoon disruptions. East Asia and China face further pressure from weather and sluggish consumption, while Europe stabilizes. Iran stays fragile under sanctions and currency depreciation. Demand recovery in India is unlikely before post-monsoon construction activity.
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10 days agoBitumenBitumen Emulsion
Bitumen Market Struggles with Oversupply and Seasonal Weakness Despite Regional Tender Activity
Asian and Middle Eastern bitumen prices remain soft as oversupply and monsoon-driven demand weakness weigh on the market. Limited tenders from Indonesia and selective Indian buying offer brief support, but high inventories and wet weather across key regions keep prices rangebound despite upcoming refinery maintenance and modest post-monsoon project expectations.
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17 days agoBase OilFuel OilGear Oil
Domestic Fuels Mixed; Global Crude Lifts Sentiment
Domestic oil products traded mixed, with FO at ₹47,540–48,607/MT and LDO at ₹58,300–60,890/KL. Demand is recovering post-monsoon, while Chennai Petroleum’s maintenance may tighten supply. Internationally, Brent rose to $68.47/bbl on supply concerns. Expanding global base oil output and new imports into India could restrain future price gains.
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27 days agoBitumenBitumen Emulsion
Iran Talks, Tariffs, and Weather Shape Global Crude, Oil & Bitumen Outlook
Crude oil prices remained stable at $66–68/bbl, supported by geopolitical supply risks. Bitumen prices stayed mostly steady across key regions, with India seeing only a marginal rise. Demand in India, China, and Europe stayed muted due to monsoon, rainfall, and holidays, though recovery is expected post-September as activity resumes.
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1 month agoBase OilFuel OilHydraulic Oil
Muted Base Oil Group I Demand, Tight Light Grades Amid Balanced Group II & III Supplies
The base oils market stayed mostly steady to soft, with Group I pressured by excess Iranian and Chinese supply. Group II remained capped by weak crude and feedstock values, while Group III stayed broadly stable, though 4 cSt and 8 cSt showed localized weakness. Buyers continued cautious, need-based procurement.
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1 month agoBitumenBitumen Emulsion
Roadgrip Unveils Fresh Bitumen, Emulsion Prices; Singapore Cargoes Outpace Mideast Levels
Bitumen prices remain steady in India with VG40 bulk at ₹36,300/MT (Karwar) and VG30 drums at ₹37,800/MT (Mundra). Internationally, Singapore-origin cargoes ($430.50/t FOB) are gaining traction as Middle East supplies tighten. South Africa faces rising import dependence with Natref’s production halt, prompting a shift toward Asia-Pacific sourcing despite higher costs.
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1 month agoBitumenBitumen Emulsion
Bitumen Market Steady with Mild Bearish Undertone Ahead of Post-Monsoon Rebound
Bitumen prices in India remain steady, supported by a stable rupee and softer crude benchmarks. Seasonal monsoon conditions continue to depress demand, though supply from Iraq and Iran remains consistent. With crude softening and INR stable, parity costs are under mild downward pressure. A demand rebound is expected post-monsoon.
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1 month agoBitumenBitumen EmulsionBase Oil
Russian Urals Crude Gains Ground in Asia as U.S.–India Trade Tensions Escalate
Russian Urals crude maintains a strong pricing edge over Saudi grades, reshaping Asian trade flows. China and India increase reliance on discounted Russian barrels, while U.S. tariffs on Indian imports raise geopolitical tension. Saudi Aramco adjusts supplies to defend market share. Competitive pricing and politics drive short-term crude market trends.
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2 months agoBitumenBitumen EmulsionBase Oil
Crude and Bitumen Prices Ease Amid Weak Demand, Stockpile Surge
Crude oil and bitumen prices softened amid weak demand and rising stockpiles, especially in the U.S. Trade tensions and geopolitical uncertainties added further downward pressure. Bitumen prices in Europe dipped slightly, while Bahrain held steady. Markets remain volatile, with investor sentiment cautious ahead of further trade and policy developments.
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