Liquefied petroleum gas & Petroleum
21 shared events · Importance 6 · Last updated Aug 24, 2026
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Domestic
Liquefied petroleum gas: Liquefied petroleum gas (LPG) is the primary commodity for which India is seeking to expand its strategic reserves due to supply disruptions from West Asia.
Petroleum: Petroleum, a state-run fuel retailer, is tasked with expanding its LPG storage capacity as per government directives, contributing to India's strategic reserves.
May 29, 2026 · 9 articles
Regulatory
Liquefied petroleum gas: Liquefied petroleum gas>>> (LPG) is a vital domestic fuel, with the government focusing on increasing its strategic reserves, optimizing production, and conducting raids to prevent diversion and ensure household availability.
Petroleum: The export duties on Petroleum products, including petrol, diesel, and aviation turbine fuel, have been revised by India, directly impacting their international trade.
May 29, 2026 · 40 articles
International
Liquefied petroleum gas: Liquefied petroleum gas supplies are facing disruptions, particularly in India, as the Iran war impacts trade routes and forces refiners to prioritize other outputs.
Petroleum: The price of Petroleum>>> has surged due to the conflict and the closure of the Strait of Hormuz>>>, directly impacting global energy markets and corporate costs.
May 05, 2026 · 374 articles
International
Liquefied petroleum gas: LPG carriers are a significant portion of remaining traffic, but the blockade restricts exports from Iran and other Gulf producers. This could tighten global LPG supply and raise prices.
Petroleum: Petroleum is the primary commodity affected, with tanker traffic dominating the strait. The disruption threatens global supply, likely driving up prices and impacting oil-dependent economies.
Aug 24, 2026 · 8 articles
Domestic
Liquefied petroleum gas: Liquefied petroleum gas>>> demand is being managed through administrative measures like booking timelines and restrained commercial supplies to ensure availability and price stability.
Petroleum: The export levy on Petroleum>>> was reduced, and excise duties were cut, aiming to ease the price burden on consumers and stabilize its domestic market.
Jun 01, 2026 · 6 articles
Domestic
Liquefied petroleum gas: LPG is included in the reserve for the first time, with 4 million tons of storage planned. The proposed levy on LPG would fund this expansion but increase consumer costs.
Petroleum: Petroleum is a key component of the strategic reserve, with plans to add 28 million metric tons of storage capacity. The reserve aims to mitigate supply disruptions.
Aug 05, 2026 · 9 articles
Domestic
Liquefied petroleum gas: India maximized its domestic production of Liquefied petroleum gas and expanded PNG connections to manage demand and prevent price surges during the energy crisis.
Petroleum: Petroleum prices surged from USD 70 to USD 120 per barrel after the West Asia conflict escalated, prompting India to diversify its import sources.
Jul 04, 2026 · 7 articles
International
Liquefied petroleum gas: LPG tankers are among those blacklisted, affecting regional LPG trade.
Petroleum: Oil flows through the strait are critical; disruptions could tighten supply and support prices.
Aug 24, 2026 · 21 articles
International
Liquefied petroleum gas: LPG shipments through Hormuz are affected, impacting petrochemical supply.
Petroleum: Petroleum is directly affected by supply disruption risks, with prices likely to rise.
Mar 08, 2026 · 37 articles
Business
Liquefied petroleum gas: The prices of commercial Liquefied petroleum gas cylinders have been reduced by oil marketing companies, providing relief to businesses. This is a separate but related development to the fuel price cuts.
Petroleum: Petroleum, a state-owned fuel retailer, has not revised its fuel prices. This decision maintains its current market position but might see some consumers shift to Nayara Energy for cheaper fuel.
Jul 01, 2026 · 25 articles
Business
Liquefied petroleum gas: LPG inflation doubled to 4.6% following higher domestic cooking gas prices.
Petroleum: Petroleum price hikes contributed to higher transport fuel inflation, which surged to 7.6% in June.
Apr 20, 2026 · 15 articles
Business
Liquefied petroleum gas: LPG is explicitly excluded from the dollar transition, so its pricing remains unchanged.
Petroleum: Petroleum prices are now set in dollars at $0.779/litre ex-depot, likely increasing retail prices and affecting consumers.
Jul 13, 2026 · 39 articles
Business
Liquefied petroleum gas: Commodity transported by the acquired VLGCs, enhancing ADNOC's LPG shipping capacity.
Petroleum: Commodity transported by the acquired VLCCs, supporting ADNOC's crude export capacity.
Mar 09, 2018 · 7 articles
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