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CRUDE PALM OIL IMPORTS
Rupee ends nearly flat at 95.68 vs USD, wedged between oil swings, RBI interventionOn Thursday, the Indian rupee remained stable, closing at approximately 95.68 against the dollar. The currency faced pressure due to fluctu...- India seeks sunflower oil alternatives on Black Sea disruptionsIndia is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...
- Oil Price Today (July 30): Crude oil dips below $90 after 8% surge on Wednesday. Here’s whyBrent crude futures were down $1.29, or 1.42%, at $89.45 a barrel. U.S. West Texas Intermediate (WTI) crude slipped 56 cents, or 0.66%, to ...
- Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
- 100% tariff threat for India and others: US Senate advances Russia sanctions billThe US Senate overwhelmingly advanced a bipartisan sanctions bill targeting Russian energy buyers. This legislation grants President Trump ...
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
- Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
- ONGC approves guarantee to MRPL to import crude oil from Saudi AramcoONGC approved a $500 million parent company guarantee for its subsidiary MRPL. This guarantee facilitates crude oil imports from Saudi Aram...
- Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
- MRPL seeks crude via tender avoiding Red Sea and Hormuz, document showsMangalore Refinery and Petrochemicals Ltd is seeking oil imports via a spot tender. The company has asked suppliers to avoid the Red Sea an...
- Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
- Crop prices hit three-year high as heat, war stoke supply fearsScorching temperatures across Europe also raise concerns over potential crop losses. This situation could lift costs for staples like bread...
- India loses Russia oil discount as Red Sea, Hormuz risks upend crude marketsRussia's crude oil discounts for India have disappeared as Middle East supply disruptions and Red Sea shipping risks boost demand for alter...
- India's edible oil imports to surge July-October as supplies shrink before festivalsIndia's edible oil imports will increase from July to October. This rise is due to slower domestic soybean and rapeseed crushing operations...
- Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...
- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...
- Godrej Agro to expand oil palm area to 1.4 lakh hectares, bets on rising demandEdible oil prices are expected to stay elevated for several months ahead. Geopolitical tensions and El Nino threats are tightening global s...
- India’s edible oil industry flags 17-fold surge in Nepal imports, seeks policy reviewIn a pressing appeal, the Indian Vegetable Oil Producers' Association urges a swift revision of India's edible oil import regulations. Rece...
- Saudi Arabia begins regaining share in India's crude importsSaudi Arabia is expected to supply 464,000 barrels per day (bpd) to India in July, based on arrivals in the first half of the month and tan...
- India's June vegetable oil imports fall 29% on shrinking palm oil discount: SEAIndia's vegetable oil imports dropped significantly in June, reaching the lowest point this oil year. This decline was primarily driven by ...
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