Latest Updates on PNG Price in Gumla
PNG Prices in Gumla On 04-Aug-2026 Stable at Rs. 56.89 Amid Middle East Supply Risks
PNG price in Gumla on 04-Aug-2026 stands at Rs. 56.89.
This price reflects no change compared to the previous month, where the rate was also Rs. 56.89.
The stability in these prices has been observed over the past three months, indicating a steady demand amidst current market distractions.
Oil prices recently edged higher due to concerns over Middle East supply risks, particularly from the U.S.-Iran conflict affecting oil shipments.
Despite fluctuations in crude prices, PNG prices in Gumla remained unaffected, suggesting a local market resilience to global trends.
Recent tensions surrounding the Strait of Hormuz have been pivotal for crude oil forecasts, influencing market dynamics indirectly affecting PNG.
While comparing with prices in the last 10 months in Gumla, the highest PNG rate is recorded at Rs. 56.89, in July 2026.
⏱ 4 August 2026
PNG Prices in Gumla On 24-Jul-2026 Stable at Rs. 56.89 Amid Geopolitical Tensions
PNG price in Gumla on 24-Jul-2026 stands at Rs. 56.89.
It remained stable compared to June 2026 when it was also Rs. 56.89.
The price has not changed over the past month.
Crude oil prices are under pressure due to geopolitical issues, primarily surrounding recent attacks by Houthis on oil tankers.
These tensions have raised concerns over potential disruptions in significant shipping routes, affecting global supply.
As we observe the market, the continued instability in the region influences energy prices significantly.
While comparing with prices in the last 10 months in Gumla, the highest PNG rate is recorded at Rs. 58.50, in July 2025.
⏱ 24 July 2026
PNG Prices in Gumla On 14-Jul-2026 Stable at Rs. 56.89 Amid Rising Oil Prices
PNG price in Gumla on 14-Jul-2026 stands at Rs. 56.89.
This price remains unchanged compared to the previous month of June 2026, which also had a price of Rs. 56.89.
Over the past month, the PNG market has shown stability despite recent fluctuations in crude oil prices, which have climbed due to geopolitical tensions.
These tensions arose from escalated military actions and oil supply concerns around the Strait of Hormuz, affecting overall energy markets.
Although the stability in PNG prices is notable, experts remain cautious of potential disruptions that could impact future pricing.
Overall, the current energy outlook indicates that ongoing conflict in the region may lead to shifts in supply chains.
While comparing with prices in the last 10 months in Gumla, the highest PNG rate is recorded at Rs. 56.89, in June 2026.
⏱ 14 July 2026
PNG Prices in Gumla On 04-Jul-2026 Stable at Rs. 56.89 Amid Easing Crude Concerns
PNG price in Gumla on 04-Jul-2026 stands at Rs. 56.89.
This price remains unchanged compared to Rs. 56.89 in June 2026. Over the past month, the stability reflects a balanced market amid global energy adjustments.
The easing geopolitical tensions around the Strait of Hormuz have contributed to these stable PNG prices. As shipping through this key route resumes, concerns over crude oil supply are diminishing.
Despite this stability, analysts suggest future fluctuations could occur due to uneven market adjustments. Increasing oil production from Gulf countries is expected to stabilize crude oil supplies effectively.
While investors show optimism, caution prevails as shipping logistics continue to normalize. The anticipation of improved energy supply dynamics may eventually impact PNG prices.
While comparing with prices in the last 10 months in Gumla, the highest PNG rate is recorded at Rs. 56.89, in June 2026.
⏱ 4 July 2026