Indian FMCG companies are expected to report narrower September-quarter profit margins despite double-digit sales growth, as rising raw mat...

The conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...

Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...

Freight rates for shipping US crude oil to China have recently eased after reaching record levels. The rate dropped to $634,974 per day, a ...

The Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...

FMCG companies are likely to face operating margin pressure in the September quarter of FY27 due to rising crude-linked derivatives, palm o...

Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...

India cannot spend Rs 11,040 crore building a domestic oil palm economy while allowing brands to turn the same crop into a warning sign. Th...

Indian refiners have decreased their purchases of Russian crude oil for November delivery as prices rise. Competition from China is further...

The Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...

India is expecting to significantly increase its imports of Venezuelan oil this month due to appealing discounts. Venezuelan crude deliveri...

India’s sunflower oil imports fell 36% in September to their lowest level in more than four years as the Ukraine war disrupted Black Sea sh...

Indian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...

India is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...

At present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...

India’s sunflower oil imports are expected to jump 30% to 3.5 million tonnes in 2026-27 after the government cut the basic import duty on c...

The government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...