India, Russia reaffirm commitment to increase sourcing of Russian crude oil through preferential pricing

Dec 06, 2021

New Delhi [India], December 6 : India and Russia on Monday reaffirmed their commitment to increase sourcing of Russian crude oil on long term...

India eyes expanded US energy imports to diversify sources, balance trade

Jun 04, 2025

India is exploring increased imports of American shale gas, liquefied natural gas, and crude oil to diversify its energy sources and leverage competitive US...

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...

Shell and Harbour energy enter arbitration over pricing for UK crudes amidst EU urals ban

Jan 12, 2024

According to S&P Global Commodity Insights This conflict arises as a consequence of EU sanctions against Russia, which triggered changes in Urals crude oil...

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...