8Indian Oil is planning to launch a new fuel and gas retail venture in partnership with Malaysia’s Petronas.

8Chevron and Total Energies are engaged in separate partnership talks with ONGC for upstream projects in India in a sign of growing interest in the country’s exploration sector that has barely received attention from foreign energy firms in recent years.

8Billionaire Gautam Adani's ports-to-energy conglomerate has floated a new subsidiary that will set up refineries, petrochemical complexes and hydrogen plants - businesses that will directly compete with richest Indian Mukesh Ambani's company.

8SAP is looking at expanding its presence in new segments such as internet-led businesses in India while continuing to bolster its play in sectors like oil and gas, public services and retail, a top executive said.

8India's fuel demand picked up in July as easing of pandemic-related restrictions accelerated economic activity, helping petrol consumption reach pre-Covid levels, preliminary sales data showed on Sunday.

8OPEC oil output rose in July to its highest since April 2020, a Reuters survey found, as the group further eased production curbs under a pact with its allies and top exporter Saudi Arabia phased out a voluntary supply cut.

8The government is introducing a new digital payment mode under UPI known as e-RUPI.

8Yesterday, it was metal stocks, specifically steel companies, that rallied and boosted the markets.

Benzene prices have escalated in the Ahmedabad market, today.

On August 2, 2021, Petrochem sources confirmed that MIBK prices have slipped in the Ahmedabad market.

A rise in ortho xylene prices was noticed in DElhi today.

On August 2, 2021 the Ahmedabad market saw a rise in ethyl acetate prices.

On August 2, 2021 phthalic anhydride  prices moved higher in the Kolkata  market.

The international crude oil price of Indian Basket was quoted at around $74.64 per barrel on August 2, 2021.

On August 2, 2021 naphtha prices moved up in Japan and Europe on account of positive buying trends in the respective countries.

Phthalic anhydride prices are rising in Delhi.

Prices for ammonia in the Ahmedabad market were quoted higher today.

On August 2, 2021, trading sources reported a fall in phthalic anhydride prices in the Chennai chemical market.

A slight recovery in ammonia prices was noticed in Ahmedabad today.

New prices for chloroform have been announced at Dahej.

An increase in 2EHA prices has been noted in Kandla today.

Imported PET prices in Ahmedabad were quoted higher today

Imported acrylic prices in Delhi were quoted lower today

On August 2, 2021 Petrochem sources reported a fall in imported acrylic prices in the Mumbai polymer market

Polyamide 6 (M28RC) prices are gradually falling in the Delhi market