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EDIBLE OIL DEMAND INDIA
India soyoil imports to rise to record high on price competitivenessIndia's soyoil imports are projected to reach a record high in the upcoming marketing year. Higher soyoil purchases will offset declining s...- Indian Oil approves Rs 2,449 crore for Kochi-Kanyakumari-Thoothukudi natural gas pipeline developmentIndian Oil's board approved a significant investment for a new natural gas pipeline. This 424.65-km project will connect Kochi and Thoothuk...
- FMCG firms to hold prices despite rise in commodity costs; prioritise volume growthFMCG cos are likely to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. After modest 2-5...
- NCP (SP) asks Centre to spell out economic fallout of US tariff threat over Russian oilThe NCP (SP) seeks details on India's economic exposure to a new US law. This legislation authorizes significant tariffs on nations buying ...
- India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
- OIL CMD Ranjit Rath outlines the company's growth prioritiesOIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...
- Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing rising crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US rest...
- Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
- India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
- US midterm elections 2026: Record diesel prices hit at worst time in key battleground states
- Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
- Stop buying edible flowers: 7 blooms you can easily grow at home in your garden or balconyEdible flowers can add colour, flavour and freshness to homemade meals while doubling as beautiful garden plants. Nasturtiums, calendula, p...
- Indian rupee weakens to 95.55 amid rising crude oil prices and Strait of Hormuz tensionsThe Indian rupee fell by eleven paise on Friday, closing at 95.55 against the dollar as benchmark crude oil prices rose to $105 per barrel,...
- IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
- RBI should hike rate by 25 bps in October to counter external shocks: ReportAn SBI research report recommends the Reserve Bank of India raise interest rates. The central bank should implement a 25 basis point hike n...
- Oil prices set to end week over $100 for first time in nearly 4 monthsOil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen's Mocha port poses ris...
- OPEC further lowers 2026 global oil demand growth forecastOPEC has lowered its 2026 oil demand growth forecast to 380,000 barrels daily. This marks the fifth consecutive downward revision for the p...
- India August consumer inflation likely hit 20-month high on food, fuel prices: Reuters pollIndia faces an anticipated spike in consumer inflation, predicting a high not seen in 20 months this August. Rising food and fuel prices ar...
- India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
- India's soyoil imports hit record high in August and palm six-month peak, dealers sayIndian refiners sharply increased edible oil imports in August to build stocks ahead of the festive season. Palm oil imports rose 7% to 780...
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