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...

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...

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...

Resume futures trading in crude palm and soybean oil: Industry body to SEBI

Sep 13, 2022

New Delhi [India], September 13 : Domestic edible oil industry body Solvent Extractors' Association of India requested financial market regulator SEBI to resume futures...