Indian Finance Minister says domestic LPG supplies remain steady
Newsquawk Staff ·
Indian Finance Minister says domestic LPG supplies remain steady.
What it means
The statement from the Indian Finance Minister about steady domestic LPG supplies emphasizes consistent supply conditions in the energy market. This stability is crucial as it may help mitigate potential price fluctuations and support broader energy market confidence, particularly in the context of global supply dynamics influenced by geopolitical factors.
- ADNOC reportedly informed some Asian refiners that it may begin delivering Upper Zakum crude via a new pipeline to the Fujairah terminal in early 2027, allowing shipments to bypass the disrupted Strait of Hormuz, according to Bloomberg
- TTF rises to EUR 100/MWh for the first time since December 2022
- Russia and Azerbaijan are discussing natural gas swap supplies, reports Interfax
- US White House says the oil agreement with Venezuela will deliver a total of 65bln barrels
- Syria and Iraq discuss exporting Iraqi oil via the Baniyas pipeline
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