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SUNFLOWER OIL SHIPMENT DISRUPTIONS
Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
India’s diesel exports hit 1-year high in September as record margins drive Europe shipmentsIndia’s diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners...
India-bound sunflower oil cargoes face cancellation, delays as war disrupts Russian shipmentsThe Russia-Ukraine conflict has also delayed about 60,000 tons of sunflower oil bound for India, prompting Indian buyers to step up palm oi...
PepsiCo, Monster, Reliance Consumer Product win reprieve on 'energy drink' label ban in IndiaThe regulator in June ordered makers of high-caffeine beverages sold as "energy drinks" to stop using the description, rejecting the indust...
EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...
US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
India's sunflower oil imports hit four-year low on Black Sea disruption; palm oil risesIndia’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...
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...
India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
Agriculture sector binds India-Argentina partnershipArgentine Ambassador Mariano Caucino highlighted the growing economic relationship between Argentina and India during a summit in Mumbai. A...
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...
Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
Retail prices of cooking oils may fall after duty cut: Industry body IVPACooking oil prices could ease after the government cut import duties on crude and refined sunflower, soybean and palm oils, industry body I...
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...