Fuel prices in India to remain stable amid fluctuating crude rates says Indian Oil, Chairman

Jan 23, 2025

Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney has reaffirmed the company's commitment to maintaining stable fuel prices despite fluctuating crude oil rates.

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...

Government cuts oil and gas royalty rates to spur upstream investments: CLSA

May 12, 2026

The Centre's decision to cut royalty rates on crude oil and natural gas production is aimed at encouraging upstream exploration and production activity in...

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...

Rate hike possible if crude sustains above USD 90/per barrel: Union Bank of India Report

Apr 16, 2026

The interest rates could see an upward movement if crude oil prices stabilise above USD 90 per barrel, amid rising inflationary pressures driven by...

Excise duty cut fails to offset oil marketing companies' losses amid rising crude prices: Nomura

Mar 30, 2026

Despite the government's recent move to cut excise duty on petrol and diesel, oil marketing companies (OMCs) may continue to face negative marketing margins,...