Brent Crude slides below USD 99/bbl on US-Iran deal hopes

May 25, 2026

Global crude oil prices tumbled sharply as Brent Crude prices slashed amid a potential US-Iran peace deal framework. At the time of filing, Brent...

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...

Global crude oil prices rise as Trump issues latest threat to Iran

Jun 10, 2026

Oil prices rose immediately after Trump's latest threat, with US West Texas Intermediate crude oil at USD 90.11, up 2.17 per cent, while the...

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...

Crude oil prices surge as US shutdown ends, experts bearish on oil outlook

Nov 10, 2025

US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The agreement, backed by at least eight...

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.