Octanol prices increased in the Delhi market on the back of high demand in the regional market.

2EHA prices in the Mumbai polymer market have remained flat since last three days.

On March 23, 2021, moderate buying activities were reported by our Petrochem analysts in the polymer markets of Chennai.

Price changes in the Mumbai polymer market have been reported by our analysts.

Petrochem analysts have reported price changes in HDPE and LLDPE in the Delhi polymer market on March 23, 2021.

Price changes in HDPE and LLDPE as of March 23, 2021, in the Kolkata polymer market has been reported by our Petrochem analysts.

On March 23, 2021, the purchase trend for EVA Increased by Rs.3-4/kg in the polymer markets of Mumbai, Delhi, Chennai, Ahmedabad, and Hyderabad.

An increase in PVC imported and RIL K6701 grade prices has been noted on March 23, 2021.

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87.23 million tonnes of crude imports coming up

Price changes in HDPE and LLDPE in the Hyderabad polymer market has been reported by our analysts.

Petrochem analysts have reported price changes in HDPE and LLDPE in the Jaipur polymer market on March 22, 2021.

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Price changes in the Bangalore polymer market have been reported by our analysts.

Capacity utilisation at Reliance Industries Limited (RIL) and a few state-run refineries declined in February amid weaker fuel demand and planned maintenance shutdown.

India's crude oil processing fell to its lowest in four months in February, retreating from a near one-year high hit in the prior month hurt by higher crude prices and weaker fuel demand in the country.

Oil prices resumed their decline on Monday, falling around 1 per cent as worries about a drop in demand for fuel products in the wake of yet more European lockdowns dominated trading.

Goldman Sachs sees the oil price pullback as a buying opportunity and forecasts Brent crude reaching $80 per barrel this summer even as the recent rally in prices "takes a big breather."

India's gas market is in a sweet spot with the completion of new trunk pipelines and the increased availability of both domestic and imported gas.

Crude oil futures fell 2.19 per cent to Rs 4,337 per barrel on Friday as participants reduced their positions on low demand.

The United States on Friday condemned the drone strike on a Saudi oil refinery claimed by Yemen's Huthi rebels, calling it an attempt to "disrupt global energy supplies."

The government has made progress on Bharat Petroleum Corporation (BPCL) divestment with developments on key queries raised by potential buyers, but multiple steps of the process remain outstanding and there are still questions that require further clarity, according to Fitch Ratings.

THE Indo-China standoff has had a telling effect on the coal gasification and urea manufacturing projects under execution by Talcher Fertilisers Ltd in Angul district. Work on the `13,277 crore Talcher project has been halted for ‘technical’ reasons shortly after the Centre took economic retaliation measures against China in the wake of the bloody border dispute.