Srinivas Chowdary Sunkara

CEO & Analyst.

[Srinivas Chowdary Sunkara @petrobazaar]

Speculators data showed that investors flipped to sell major crude F&O. Longs exit with shorts built up demonstrating bearish momentum. Traders are waiting for more clues. #oott #SOH https://t.co/pePUbw74QP

[Srinivas Chowdary Sunkara @petrobazaar]

Under the latest proposal, Tehran would be able to intervene if necessary with any inbound traffic, while outbound traffic would follow a route between Iran and Oman, with exit clearance granted through Oman after notifying Iran. #oott #SoH #Irandeal

[Srinivas Chowdary Sunkara @petrobazaar]

#Bitumen prices revised down in India. #oott #oilprice https://t.co/AaASOFEhMT

[Srinivas Chowdary Sunkara @petrobazaar]

Furnace oil (FO) and Light Diesel Oil (LDO) prices rocketed up in India. https://t.co/iheb8pRY0j #oott #oilprice

[Srinivas Chowdary Sunkara @petrobazaar]

https://t.co/zquu3jfksi

[Srinivas Chowdary Sunkara @petrobazaar]

Brent dipped. Prices pared losses ​throughout the day

[Srinivas Chowdary Sunkara @petrobazaar]

crude up on widening conflict, supply fears, largely driven by Speculators buying. Fuel oil up in Aisa. Furnace oil, LDO, Bitumen and Solvents expected major upward price revision in India. #oott #oilprice https://t.co/pePUbw74QP

[Srinivas Chowdary Sunkara @petrobazaar]

crude skyrocketing amid escalation of conflict, closure of SoH, Supply fears. Timespreads up with price structure pull back from contango to backwardation. Speculators bet with upward positioning risk. FO price will go up in India. #oott #oilprice https://t.co/pePUbw74QP

[Srinivas Chowdary Sunkara @petrobazaar]

Looking for best prices on fuels in India? Petrobazaar brings you exclusive fuel deals, competitive pricing, Reliable bulk supply for industries across India. #oott #DieselPrice #Hyderabad https://t.co/BDyEso0xwN

[Srinivas Chowdary Sunkara @petrobazaar]

https://t.co/3lX5M9br0y #oott #bitumen

[Srinivas Chowdary Sunkara @petrobazaar]

#India Industrial Fuel Price Update 🔻 HPCL Visakhapatnam (VSP) • #FurnaceOil (FO): ₹58,081.54/KL ⬇️ ₹3,997.78/KL (-6.44%) • Furnace Oil: ₹60,530/MT ⬇️ ₹4,170/MT (-6.45%). #LightDieselOil (LDO): ₹85,180/KL ⬆️ ₹2,020/KL (+2.43%) #oott

[Srinivas Chowdary Sunkara @petrobazaar]

#Crude fell on Mon Mor hrs. Speculators move amplified prevailing bearish sentiment across. Mini glut of barrels through SoH pushed prompt price curve into 'contango' structure. Short positions betting on further fall of prices keep weigh on oil prices. #oott

[Srinivas Chowdary Sunkara @petrobazaar]

#Indiagovt lifts restrictions on petrol and diesel sales at PUS OMC Retial outlets from July 1st, 2026. #OOTT
https://t.co/7aHPmTiBsm

[Sunil Gurjar, CFTe @sunilgurjar01]

India uses 35 GB of data per person per month, the highest in the world.

But much of it is wasted on reels and short videos.

Good insight by Kunal Shah. 👍

[Srinivas Chowdary Sunkara @petrobazaar]

Crude flat prices at pre-war levels. Paper market selling pressing prices. Timespreads dived on deep contango. Speculators went shorter. Fuel oil markets weakened. FO LDO prices will go down in India. #oilprices #oott #crudeprice https://t.co/pePUbw74QP

[Rory Johnston @Rory_Johnston]

NYT: Iran’s military said on Saturday that the Strait of Hormuz had been closed to maritime traffic, citing what it called a “clear breach” of U.S. commitments to implement a preliminary deal to end the war, according to a statement carried by state media.

The Khatam al-Anbiya Central Headquarters, a central military command, cited the killing and the displacement of Lebanese residents from southern Lebanon, along with Israel’s refusal to withdraw from the region, as factors for closing the strait.

[Srinivas Chowdary Sunkara @petrobazaar]

#crude plunged on aggressive short-selling. Prompt month contracts falling into contango market structure. Timespreads sank. #HSFO markets under pressure. #FO price set to revise down in India. #OOTT #furnaceoil https://t.co/pePUbw74QP

[Giovanni Staunovo🛢 @staunovo]

#Kuwait Petroleum Corporation said on Thursday that all force majeure notices issued during the war have been lifted with immediate effect, Government Communication Center reported on X. #oott https://t.co/9ZUhXtdrtT

[Srinivas Chowdary Sunkara @petrobazaar]

🇮🇳 India’s New E85 fuel (85% ethanol, 15% petrol) launched at ₹82.12/ltr. ₹20/ltr cheaper than E20 petrol (₹102.12/ltr). A motorist consuming 100 ltrs/month could save nearly ₹2,000 #oott #FlexFuel #E85 #Ethanol #FuelSavings #Biofuel #PetrolPrices #EnergyTransition

[Srinivas Chowdary Sunkara @petrobazaar]

#Furnaceoil (FO) and #LightDieselOil(LDO) prices are incrased moderately in India for the first half of June, 2026. #oott @PetroleumMin https://t.co/iheb8pRY0j