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...

Upstart Indian shipper helps get Russian oil to world markets: WSJ

Jan 30, 2023

Gatik Ship Management is among the most active of the upstart companies that have snapped up aging oil tankers to replace Western-owned ships no...

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...

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...

Assam: 10 arrested in Nagaon oil theft case

Dec 30, 2022

Assam Police arrested 10 people in connection with an oil theft case and seized two oil tankers and a four-wheeler.