Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdge

Jun 22, 2025

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm...

Industry body urges Centre to allow futures trading in crude palm, soybean oil

Nov 25, 2024

Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and...

Constrained milk, wheat supplies amid volatile crude market raise inflation concern in India

Apr 25, 2023

Constrained supplies of milk and wheat, coupled with a volatile international crude oil market with OPEC+ countries deciding to cut crude oil production from...

UAE supplies 40.8 pc of Japan's oil imports in May

Jun 30, 2025

The United Arab Emirates was Japan's top crude oil supplier in May 2025, providing Tokyo with 30.42 million barrels of crude oil, according to...

Centre reduces standard rate of duty on edible oils

Sep 11, 2021

New Delhi [India], September 12 : The Centre on Saturday reduced the standard rate of duty on crude palm oil, crude soyabean oil to...

COVID management, economic growth to support crude demand in 2023: OPEC

Jul 13, 2022

New Delhi [India], July 13 : Better-than-expected containment of COVID-19 and expected firm economic growth are projected to support global demand for crude oil...