News

India's soyoil imports set for record high, palm oil at five-year low
India's soyoil imports are poised to surge 60% year-on-year to a record high in 2024/25, as refiners boost purchases due to ...
Key Oil Marker Highlights Import Shifts as US Pressures India
A closely-monitored oil market metric that tracks the strength of Middle Eastern crude versus global benchmark Brent ...
The Economist6d
If America goes after India’s oil trade, China will benefit
A bill vowing levies of up to 500% on countries that buy Russian oil is making its way through Congress. Meanwhile, the ...
Analysis-India's ethanol drive imperils its push for edible oil self-sufficiency
India's drive to produce more ethanol is leading its farmers to switch away from growing oilseeds, undermining government ...
Offshore Technology on MSN1d
Indian Government allocates Rs300bn to compensate oil marketing companies
This financial support will be distributed in 12 tranches to ensure OMCs continue to provide LPG at regulated prices.
Business Insider Africa on MSN1d
India ditches Russia for Africa’s largest oil producer in major supply shake-up
India's state refineries are increasingly relying on Nigerian crude oil to satisfy their supply requirements, signaling a ...
Capital Market on MSN1d
Indian Oil Corporation Ltd Spikes 1.5%
Indian Oil Corporation Ltd rose 1.5% today to trade at Rs 142. The BSE Oil & Gas index is up 0.49% to quote at 26156.05. The ...
‘China issue more complicated…’: After tariff on India, will Donald Trump impose additional duties on China for Russia oil trade? What JD Vance said
Donald Trump is considering tariffs on China for Russian oil imports. This follows a 25% tariff imposed on India for similar ...