PetroBazaar

January 2026

  • India–EU Trade Deal: Impact on the Oil and Gas Industry

    India–EU Trade Deal: Impact on the Oil and Gas Industry

    Srinivas Chowdary Sunkara

    India–EU “Mother of All Trade Deals”: Boon or Bane for the Oil & Gas Sector? New Delhi and Brussels have concluded a comprehensive pact that sharply cuts tariffs and expands market access across most goods and sectors. While attention is on manufacturing and services, the oil and gas industry will also see meaningful impacts, as…

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  • Crude Weekly – 17th January, 2026

    Crude Weekly – 17th January, 2026

    Srinivas Chowdary Sunkara

    Wounded Khazakh supply to an unexpected winter storm to renewed Iran risks Crude flat prices inched up below $1, logged the week in gains. Benchmarks opened this week in a possitive terrotory, stretched to 7 week high on Wednesday over ‘Iran Risk’ factor. An abrupt about-face from the White House prompted a rapid unwinding of…

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  • IEA Oil Market Report – January 2024

    IEA Oil Market Report – January 2024

    Srinivas Chowdary Sunkara

    International Energy Agency’s January 2024 Oil Market Report signalled a clear shift from a tight post COVID oil market to a more supply heavy and balanced phase a view that still aligns closely with current market conditions. Supply : The IEA highlighted strong non-OPEC supply growth, led by the US and other Americas, pushing global…

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  • ‘FOSSIL FUELS’ term needs rethinking

    ‘FOSSIL FUELS’ term needs rethinking

    Srinivas Chowdary Sunkara

    Terms such as “hydrocarbons,” “conventional energy,” or “oil and gas resources” allows for more nuanced discussions focused on efficiency, emissions reduction, and sustainable development rather than ideology. In today’s evolving energy landscape, the commonly used term “fossil fuels” is increasingly being questioned for its scientific inaccuracy and misleading implications. OPEC have called for a reassessment…

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  • Crude Today – 16th January, 2026

    Crude Today – 16th January, 2026

    Srinivas Chowdary Sunkara

    crude prices moving flat on Friday morning hours after closing down last night. Fundamentals remain broadly unchanged. Selling pressure mounted over bearish weekly nos swifted unwind of ‘Iran Premium’ that propelled oil prices to twelve weeks high. Venezuela oil keep check on prices. On the technicals front, Flat prices might have rolled over on Iran…

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  • Crude Today – 15th January, 2026

    Crude Today – 15th January, 2026

    Srinivas Chowdary Sunkara

    Crude prices diving on Thursday morning session during Asian hrs, Paring early sessions gains. Benchmarks gained 1.5 pct last night. Bearish weekly nos and boost in Venezuela’s oil exports are the fundamental trade irritants. Trump statement of ‘cooling down tensions in Iran’ sagged down oil prices that mounted Selling pressure. Turning to monthly nos, OPEC…

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  • LPG Price in Hyderabad. 01-01-2026.

    LPG Price in Hyderabad. 01-01-2026.

    Srinivas Chowdary Sunkara

    Date 14.2 KG Cylinder 19 KG Cylinder 16-12-2025 Rs. 905 Rs. 1801.5 01-01-2026 Rs. 905 Rs. 1912.5 LPG price updates in Hyderabad, Telangana per cylinder for the first half of January 2026. LPG PRICE IN HYDERABAD, TELANGANA LPG 14.2kg cylinder price remained unchanged in Hyderabad, Telangana for the first half of January 2026. LPG 19kg…

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  • Mineral Turpentine Oil price. 01-01-2026.

    Mineral Turpentine Oil price. 01-01-2026.

    Srinivas Chowdary Sunkara

    Mineral Turpentine Oil (MTO) price on 01st January 2026. Product 16-12-2025 01-01-2026 MTO Rs. 88850 Rs. 83800 HEXANE Rs. 75700 Rs. 74000 Mineral Turpentine Oil (MTO) price decreased for the first half of January 2026. Hexane price decreased on 01st January, 2026 in the Mumbai depot. Mineral Turpentine Oil (MTO) price at HPCL depot, Mumbai.…

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  • Bitumen price in India. 01-01-2026.

    Bitumen price in India. 01-01-2026.

    Srinivas Chowdary Sunkara

    Bitumen price in India increased on 01st January 2026. Date BIT VG10 BULK BIT VG30 BULK BIT VG40 BULK BIT VG10 PKD BT VG30 PKD 16-12-2025 Rs. 47240 Rs. 47340 Rs. 49830 Rs. 57440 Rs. 58210 01-01-2026 Rs. 48070 Rs. 48170 Rs. 50780 Rs. 58270 Rs. 59040 Bitumen price increased at Vizag depot for the…

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  • FO LDO price in India. 01-01-2026.

    FO LDO price in India. 01-01-2026.

    Srinivas Chowdary Sunkara

    FO LDO Price on 01st January 2026. Date FO Price // KL LDO Price // KL 16-12-2025 Rs. 40691.54 Rs. 59470 01-01-2026 Rs. 40951.54 Rs. 56940 FO and LDO prices at Visakhapatnam depot for the first half of January 2026. HPCL Furnace oil (FO) price increased by Rs. 260 per KL. Furnace oil (FO) costs…

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