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...

Jaishankar to visit Moscow later this month for 26th India-Russia Commission: MEA

Aug 14, 2025

The development comes amid strain in India's ties with the US over New Delhi's procurement of crude oil from Russia.

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...

Crude oil prices surge after US, UK strike Houthi targets

Jan 12, 2024

The attacks by the Houthi rebels have forced ships to take longer routes around Africa, presenting challenges to global trade logistics.