8Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve's interest rate hike may be less than thought.

8Russia is seeking payment in United Arab Emirates dirhams for oil exports to some Indian customers, three sources said and a document showed, as Moscow moves away from the U.S. dollar to insulate itself from the effects of Western sanctions.

8A hefty “windfall gain tax” slapped on domestic oil producers from July 1 to bolster the central government’s coffers could cause irreparable harm in the long run by stifling much-needed investment in the country’s upstream sector and turning away potential new players.

8Gujarat State Fertilisers and Chemicals (GSFC) on Monday said a leakage problem has forced the shut down of its urea-II plant in Gujarat.

Butyl carbitol prices were assessed lower in the Kandla market today.

On June 19, 2022, Petrochem sources reported a fall in phenol prices in the Mumbai market.

Petrochem sources, on July 19, 2022, confirmed a fall in toluene prices in the Hazira market.

A cut in NBA prices in the imported market of Kandla was recorded today.

Robust demand has lifted acrylonitrile prices in the Mumbai market.

Petrochem sources reported a significant fall in ortho-xylene prices in the Delhi chemical market.

Phthalic anhydride prices have witnessed a considerable fall in the Kolkata market.

Aniline prices were quoted lower in the Mumbai chemical market today.

Carbon black grade N220 prices have moved significantly higher in Ahmedabad.

On July 19, 2022, Petrochem sources reported a cut in SBR grade 1712 prices in the domestic market of Delhi.

CIIR grade139 prices have moved significantly higher in Ahmedabad.

Electrolytic copper rod prices were much higher in the Mumbai market today.

A significant fall in manganese sulfate prices in the Ahmedabad market was recorded today.

Petrochem sources reported a fall in secondary lead prices in the Mumbai market.

Zinc oxide prices have moved lower in the Delhi market.

Sodium molybdate prices were assessed higher today in Delhi.

Robust demand has lifted gold grade-SGE morning session benchmark prices in the Ahmedabad market.

Petrochem sources reported a significant fall in gold prices in the Ahmedabad market.

On July 19, 2022, Mumbai witnessed a fall in palm wax prices.

Azoxystrobin 98% prices were much lower in the Delhi market today.

Chlorothalonil prices were much higher in the Ahmedabad market today.