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REFINED COOKING OILS IMPORTS
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 ...- China's June oil imports hit near 10-year low amid Iran warChina's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowes...
- India's Russian crude imports hit record in Jun even as Moscow's oil revenues slipIndia's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons glo...
- In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
- El Nino effect: Oilseed imports surge in AprilIndia significantly increased oilseed imports in April, driven by El Nino fears. Soybeans constituted ninety-five percent of these substant...
- Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
- Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-endIndian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's ...
- Russia's Saratov oil refinery at a halt since Wednesday's drone attack: Sources report to ReutersRussia's Saratov oil refinery stopped processing oil Wednesday after a drone attack. This incident follows similar Ukrainian strikes on Rus...
- 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...
- India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...
- BPCL buys 1 million barrels of US crude via tender, sources sayBharat Petroleum Corporation has purchased one million barrels of US West Texas Intermediate crude oil. This significant purchase was made ...
- Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...
- Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...
- 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...
- Diplomatic relations, right decisions: PM Modi outlines how India weathered Iran warPrime Minister Narendra Modi highlighted India's successful navigation of the West Asia crisis, attributing it to timely and correct decisi...
- 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...
- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
- 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....
- 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...
- 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 ...
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