"Waiting for you": Trump flaunts US oil supremacy as tankers head for "sweetest" crude

Apr 11, 2026

President Trump touted US energy dominance on Saturday, claiming domestic oil reserves exceed the next two largest economies combined. He stated massive tankers are...

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...

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.