Industry body urges cooking oil firms to pass on import duty cut to consumers as festive season nearsIndian Vegetable Oil Producers’ Association calls on companies to reduce retail prices following recent government duty cuts. The duty redu...
05 Oct, 2026, 12.42 PM IST
Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
05 Oct, 2026, 08.07 AM IST
Despite G7, fuel inflation will remainG7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...
05 Oct, 2026, 12.41 AM IST
Deep-sea gas becomes costlier as government raises price ceilingThe government has raised the ceiling price for gas from difficult fields such as Reliance-BP’s KG-D6 block to $9.89 per MMBtu for October ...
04 Oct, 2026, 12.01 PM IST
Why are US energy firms cutting rigs now? Baker Hughes report explainedBaker Hughes (BHI) reported that the US oil and gas rig count decreased by one to 598 for the week ended October 2. It was the first decrea...
02 Oct, 2026, 11.31 PM IST
China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
02 Oct, 2026, 02.59 PM IST
Vedanta plans $200 million push to lift Rajasthan oil outputVedanta Oil and Gas is increasing investment in Rajasthan to enhance crude output from existing wells. The company aims to invest approxima...
02 Oct, 2026, 12.38 AM IST
Rupee drops to two-month low as global bond rout deepens, oil jumpsThe Indian rupee fell to its weakest level in two months as global bond yields rose sharply. Oil prices soared past $100 per barrel, compli...
01 Oct, 2026, 03.52 PM IST
No global oil shortage, supply route disruptions driving crude prices, oil minister saysUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...
01 Oct, 2026, 02.15 PM IST
Oil prices barely changed as investors assess US-Iran peace talks and Gulf exportsOil prices exhibited notable stability during the early trading hours in Asia as traders closely monitored the US-Iran peace discussions fo...
01 Oct, 2026, 07.35 AM IST
US crude oil output rose in July, while petroleum demand declined, EIA saysIn July, US crude oil production climbed to 13.95 million barrels per day, up from June’s figures. Despite the production surge, the demand...
30 Sep, 2026, 11.16 PM IST
Agriculture sector binds India-Argentina partnershipArgentine Ambassador Mariano Caucino highlighted the growing economic relationship between Argentina and India during a summit in Mumbai. A...
30 Sep, 2026, 10.44 PM IST
India's rice industry looks beyond grain for next billion-dollar opportunityIndia’s rice industry is looking beyond raw grain exports to higher-value products such as noodles, bran oil, protein, specialised ingredie...
30 Sep, 2026, 03.57 PM IST
India's sunflower oil imports seen up 30% on duty cut, industry official saysIndia’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...
30 Sep, 2026, 02.07 PM IST
Godrej Industries Group, Malaysian delegation discuss cooperation in oil palm innovation and businessDiscussions covered areas of mutual interest across the Group’s businesses, particularly oil palm innovation and the household insecticides...
29 Sep, 2026, 05.19 PM IST
India's Russian crude imports fall to five-month low as refiners diversify suppliesIndia's crude oil landscape shifted in September as imports from Russia plummeted to their lowest since April, prompting refiners to seek a...
28 Sep, 2026, 04.37 PM IST
West Bengal plans own edible oil brand, starting with mustard oilWest Bengal is preparing to launch its own mustard oil brand as part of a self-sufficiency initiative. The state government aims to boost o...
23 Sep, 2026, 07.04 PM IST