8India will take "appropriate" steps to calm the rise in oil prices, triggered by Russia's invasion of Ukraine, the junior oil minister said on Monday, indicating the country could release more oil from national stocks if required.

8Mohsen Khojasteh Mehr, head of the National Iranian Oil Company (NIOC), has said that his country is ready to supply the required oil for the world market and stabilise prices.

8India's heavy reliance on imported Liquified Natural Gas (LNG) as a fertiliser feedstock exposes the nation's balance sheet to ongoing global gas price hikes, increasing the government's fertiliser subsidy bill, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) said on Monday.

8The war in Europe is impacting not just India’s import of key fertilizers, but also domestic production of the commodity because of difficulties securing ammonia, a key ingredient of commonly used fertilizer urea, according to industry executives.

8Russia, the world’s largest exporter of fertilizers, accounts for around 20% of the global supplies of potash, writes Mimansa Verma at Quartz India.

Petrochem sources in Ahmedabad have reported a steady trend in silica sand prices.

Petrochem sources in Ahmedabad have reported an increase in manganese sulfate prices.

A huge gain in copper plate prices was recorded in the Delhi metal market today.

Electrolytic copper rod prices were reduced in the Delhi market today.

Petrochem sources in Mumbai have reported a steady trend in adipic acid prices.

Diethanolamine prices have moved up in the chemical market of Ahmedabad.

Trichloroethylene recovered in the imported market of Mumbai.

Petrochem sources have reported a cut in Delhi’s mancozeb prices today.

Carbendazim 50% prices were assessed lower in the Mumbai market today.

On March 15, 2022, Petrochem sources reported a fall in hydrogen peroxide prices in Ahmedabad.

On March 15, 2022, trichloromethane prices were pushed higher in the Mumbai market.

High tetrachloroethylene prices were recorded in Delhi today.

An increase in butyl cellosolve prices has been noted in Kandla today.

BGE prices have climbed higher in Kandla.

On March 15, 2022, the Mumbai market witnessed a rise in NBA prices.

Tight supply coupled with high demand has raised MP diol prices in the Kandla market.

On March 15, 2022, Petrochem sources reported a fall in DEG prices in Ahmedabad.

Domestic market sources reported a rise in Kandla’s MEK prices today.

On March 15, 2022, benzene prices were pushed higher in the Ahmedabad market.

High MIBK prices were recorded in Mumbai today.