8The world's top oil exporter, raised July crude oil prices for Asian buyers to higherthan-expected levels amid concerns about tight supply and expectations of strong demand in summer.

8If Europe manages to procure oil and gas from Russia in a way to ensure that the impact on its economy is not traumatic, that freedom should exist for others as well, External Affairs Minister S Jaishankar said on Friday.

8A joint action committee has been constituted to inquire into the gas leak at Atchutapuram SEZ that led to the hospitalisation of 278 workers of Seeds Company.

8Oman and Iran signed deals to develop two gas pipelines and an oil field along their maritime border, Oman's energy minister said Saturday, less than two weeks after Iran's president visited the sultanate.

8The Hindustan Urvarak and Rasayan Limited’s (HURL) urea plant in would start full-fledged production from August, company officials said on Saturday.

8Pointing to the increasing cost of mineral fertilisers in India and the threat of global supply chain disruptions, the People’s Commission on Public Sector and Public Services (PCPSPS) has demanded that the government put in place a fertiliser policy and nurture public sector enterprises (PSEs).

8India has finalised critical supply of fertilisers from Russia under a barter agreement, as talks concluded on a multi-year import deal, according to multiple officials, Hindustan Times reported.

8India Pesticides Limited (IPL), one of the fastest growing globally operating chemical manufacturers in India, is planning a capex investment of Rs. 500 crore at Hamirpur plant.

8Indian Mine Managers’ Association has given the lifetime achievement award to Prabhat Kumar Sinha, senior advisor with NTPC.

8The government has directed state-owned CIL to be prepared to import 12 million tonnes (MT) of coal for power utilities for the next 13 months.

8India has pledged “net zero” carbon emissions by 2070, which can be achieved through climate action such as decreased fossil fuel use, carbon sequestration and so on.

8As the country is expecting another phase of power shortage in the July-August period, the State power utilities should formulate a concrete plan to address the challenges and continue to ensure 24x7 quality and reliable power supply, said Minister for Energy Peddireddi Ramachandra Reddy.

A significant hike inlauric acid prices in the Ahmedabad market was recorded today.

Petrochem sources reported a significant fall in palm waxprices in the Delhi market.

NBR grade 35LM prices witnessed a sharp cut in the Delhi market.

Recycled LDPE injection molding (glucose bottle scrap) white color prices were assessed steady in the Delhi market today.

On June 6, 2022, Petrochem sources reported a fall in aniline prices at the Kolkata market.

Petrochem sources reported a drastic fall in styrene monomer prices in the Chennai chemical market.

New prices for C9 Solvent have been announced at Kandla.

BGE prices have escalated in the Kandla market, today.

Propionic alcohol prices are demonstrating a massive increase in the Hazira domestic market.

An increase in ethyl acetate prices has been noted in Ahmedabad today.

Dichloromethane prices have moved lower in the Mumbai market.

Tetrachloroethylene prices witnessed a significant cut in the Ahmedabad market.

Isobutylene prices are slowly increasing in Delhi.