8The US stands ready to support India in diversifying its energy imports, the White House has said, reiterating its desire that New Delhi does not purchase oil from Russia amid American sanctions on Moscow for attacking Ukraine.

8India is considering joining the International Energy Agency's second initiative this year for a co-ordinated release of 120 million barrels of oil from emergency reserves of member countries to calm global oil prices.

8US Congress voted overwhelmingly Thursday to suspend normal trade relations with Russia and ban the importation of its oil, ratcheting up the US response to Russia's invasion of Ukraine amid reports of atrocities.

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A huge rise in oxygen-free copper WIRE prices was reported in Delhi today.

Pine Oil prices have moved up in the chemical market of Delhi.

Perchloroethylene prices have recovered in the imported market of Mumbai.

CIIR grade 1240 prices were quoted higher in the Mumbai market today.

Lauric acid prices were assessed much higher in the Mumbai market today.

A sharp cut in soap noodles prices was noticed in the Mumbai chemical market. 

Tight supply coupled with high demand has raised polymeric Mdi b1001 prices in the Mumbai market.

An increase in NPG prices has been noted in Mumbai today.

Low PVA 088-20 are reported today in Mumbai. Weak regional demand coupled with excess supply of the material has led to the price fall.

The price of crude oil in NW Europe at $100.58/barrel (FOB) for Brent with a fall of $0.49/barrel.

On April 8, 2022 naphtha prices have been registered to drift down in Japan and Europe owing to sluggish demand trends in the region. 

On April 08, 2022 ABS prices were reported to be unchanged for South Korea, FE Asia, South East Asia, India and NW Europe due to steady demand patterns in the region.

Petrochem sources have reported a steady trend in anhydrous hydrofluoric acid prices in Ahmedabad.

SBS grade 751 prices were assessed higher in the Delhi market, today.

Carbendazim  prices were much higher in the Ahmedabad market today. 

Mancozeb  prices witnessed a huge fall in the Mumbai market today.

Petrochem sources in Ahmedabad  have reported a huge rise in chlorpyrifos 97% prices.

A huge rise in Silver (99.99%) prices was reported in Ahmedabad today.

On April 8, 2022, the Mumbai market witnessed a rise in gold prices.

Prices of rPP injection moulding (polypropylene scrap) have witnessed a sharp decline in Mumbai.

Dichloropropane prices have moved significantly higher today in Mumbai.