Topic
lpg
Commodities India Secures Crude and LPG Supplies Through August Amid Middle East Crisis
Indian refiners have secured crude oil inventories to meet demand through at least August and LPG supplies through mid-July, according to Reuters sources. Recent purchases include 4 million barrels of Murban crude by HPCL from Totsa and Mercuria. India and the UAE are also accelerating plans to expand strategic oil reserves to 30 million barrels.
Trade India's Energy Shift: Russian Crude and US LPG/LNG Imports
India continues to import significant amounts of Russian crude oil despite US pressures, while increasing LPG and LNG imports from the US. Geopolitical tensions and economic factors drive these energy trade decisions.
Logistics BGN Expands LPG Fleet with New HD Hyundai VLGCs
BGN has ordered two new VLGCs from HD Hyundai, expanding its LPG fleet to 19 vessels. This move strengthens BGN's position in the LPG shipping sector.
Commodities LPG Prices Surge Amid Global Energy Cost Pressures
LPG prices in India have increased by ₹29 per 14.2-kg cylinder, driven by elevated global energy costs. This marks the second hike in three months as state-owned fuel retailers manage losses.
Commodities LPG Market Stable Amid OMC Losses on Cylinder Sales
Despite stable LPG supplies, Indian Oil Marketing Companies (OMCs) are incurring losses of nearly Rs 700 per cylinder. The government has increased domestic production and secured imports to maintain supply levels.
Commodities LPG Sales Plummet 19% Year-on-Year Amid Supply Disruptions
LPG sales in India fell by 19% year-on-year in May, dropping to 2.1 million tonnes from 2.6 million tonnes in 2025. The decline is attributed to government demand management measures and supply disruptions.
Commodities Indian Oil Hikes Commercial LPG Prices Amid Market Shifts
Indian Oil Corporation has increased the price of a 19 kg commercial LPG cylinder by ₹42 to ₹3,113.50. This adjustment reflects broader market dynamics and supply chain considerations.
Commodities India's LPG Output Reaches Record 52,000 TPD Amid Supply Challenges
India's LPG production has reached a record 52,000 tonnes per day, driven by the resumption of operations at key refineries. Despite this increase, geopolitical tensions in West Asia and the closure of the Strait of Hormuz have significantly impacted supply routes.