PetroBazaar

2026

  • ‘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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  • Crude Today – 14th January, 2026

    Crude Today – 14th January, 2026

    Srinivas Chowdary Sunkara

    Crude Flat prices opened up on Tuesday Morning during Asian hours, Extending last session’s gains. Benchmarks closed up at 7 – week high last night. Escalation of geo-political tensions in West Asia pushed oil prices up. Supply fundamentals keep weigh on oil prices on expected rising supplies from Caracus. While on the Technicals side, Market…

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  • OPEC predicts healthy demand growth.

    OPEC predicts healthy demand growth.

    Srinivas Chowdary Sunkara

    OPEC OMR SUMMARY ECONOMIC GROWTH RATE: As usual, OPEC maintained stable and cautiously balanced global oil market outlook. The institute forecasted global economic growth at 3.1% in 2026, rising slightly to 3.2% in 2027, supported by steady expansion in the US, China, India, and other emerging economies. OPEC BASKET : The OPEC Reference Basket (ORB)…

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  • Crude Today – 13th January, 2026

    Crude Today – 13th January, 2026

    Srinivas Chowdary Sunkara

    Crude opened in red on Wednesday morning during Asian hrs. Both the benchmarks settled around 2.5 pct high last night. ‘Supply glut’ talk over shadowed Venezuela’s ‘come back’. Prospectus of supply disruptions amid disruptions in Iran pushed oil prices up although markets are grappled with oversupply concerns. On the technicals side, Markets seems to building…

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