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EDIBLE OIL IMPORT STATISTICS INDIA
E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: GovtEthanol blending shields Indian consumers from volatile global oil prices. This program reduces dependence on imported crude oil significan...10 Jul, 2026, 12.38 PM IST- ADB cuts India FY27 growth forecast to 6.6% on higher oil pricesThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher crude oil prices and transportation costs will i...10 Jul, 2026, 12.42 AM IST
- India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...09 Jul, 2026, 05.26 PM IST
- ADB cuts India FY27 growth forecast to 6.6% on higher energy costsThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...09 Jul, 2026, 10.13 AM IST
- Prolonged US-Iran tensions may push India's crude basket above $75/bbl, raise inflation risks: ExpertsMarket experts warn a prolonged US-Iran standoff could increase India's crude oil import costs. Diversified sourcing is expected to cushion...08 Jul, 2026, 02.23 PM IST
- High tomato, LPG costs keep household meal bills elevated: ReportHousehold food expenses face continued pressure from elevated tomato and cooking gas prices. Vegetable oil costs also contribute to the ris...08 Jul, 2026, 01.56 PM IST
- India to roll out new high-frequency economy barometer on July 14India will launch a new services production index next week to track activity in the country's dominant services economy. It aims to provid...08 Jul, 2026, 11.48 AM IST
- Govt panel calls for tracking EV power demand in India's energy dataAn expert committee has recommended overhauling India's energy statistics framework. This includes granular measurement of electricity dema...07 Jul, 2026, 01.24 AM IST
- Saudi Arabia makes August crude oil cheaper for Asian buyersSaudi Arabia has significantly slashed its August Arab Light crude oil price for Asia, setting it at $1.50 a barrel below the Oman/Dubai av...06 Jul, 2026, 06.44 PM IST
- The 'little boy' in the Pacific, India's monsoon and the big test aheadIndia's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sow...03 Jul, 2026, 12.17 PM IST
- India, China ink edible oil trade pact to boost soybean oil importsIndia's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaborati...02 Jul, 2026, 08.43 PM IST
- India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....02 Jul, 2026, 02.59 PM IST
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...01 Jul, 2026, 01.46 PM IST
- India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...30 Jun, 2026, 03.50 PM IST
- Delayed soyabean sowing likely to push up edible oil pricesAs delayed soybean sowing unfolds in key Indian states like Madhya Pradesh and Maharashtra, concerns are rising over a potential shortage o...30 Jun, 2026, 12.05 AM IST
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...28 Jun, 2026, 08.58 AM IST
- India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...12 Jun, 2026, 06.48 PM IST
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