After crude, India targets LPG cavern expansion to mitigate price, supply risks

India is advancing its plans to expand LPG underground caverns to cushion the impact of price and supply fluctuations amid increasing geopolitical turbulence, thereby broadening its oil storage and stockholding strategy beyond crude oil. Analysts and industry sources told Platts that India’s...

https://www.hellenicshippingnews.com/after-crude-india-targets-lpg-cavern-expansion-to-mitigate-price-supply-risks/

India, Saudi Arabia looking to collaborate on upcoming refinery projects

India and Saudi Arabia have agreed to collaborate on two upcoming refinery projects in India, a move that would help to expand their scope of energy cooperation beyond the traditional buyer-seller relationship, Indian government officials said April 22. The two sides agreed to expand energy...

https://www.hellenicshippingnews.com/india-saudi-arabia-looking-to-collaborate-on-upcoming-refinery-projects/

Diesel margins at one-month high amid near-term bullish fundamentals

Asia’s middle distillates market structure firmed further as front-month prices received support from bullish near-term supply-demand fundamentals, with China barrels being offered through the week for May shipment. Talks of tightening supplies remained a supportive market driver, with some...

https://www.hellenicshippingnews.com/diesel-margins-at-one-month-high-amid-near-term-bullish-fundamentals/

US natgas prices fall 4% to 5-month low on big storage build, mild weather

U.S. natural gas futures fell about 4% to a five-month low on Thursday on a bigger-than-expected weekly storage build and expectations that mild weather will keep heating and cooling demand low in coming weeks. The U.S. Energy Information Administration (EIA) said energy firms added 88 billion...

https://www.hellenicshippingnews.com/us-natgas-prices-fall-4-to-5-month-low-on-big-storage-build-mild-weather/