India increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2024 amid weaker demand ...

India has started raising palm oil purchases after a lull of five months as a correction in prices has made the tropical oil ...

A growing number of Russian insurance firms, some of which sanctioned by the U.S., have applied with India’s authorities to insure tankers shipping Russian crude oil to India, according to ...

India is at a critical point in its journey towards agricultural self-reliance. As the world’s largest importer of palm oil, the country faces a dual challenge: balancing edible oil ...

Traders and buyers have reshuffled tanker supply chains following the U.S. sanctions on Russia’s oil trade and shadow tanker fleet from early this year. China and India are taking in more ...

Addressing a press conference in Dibrugarh on Wednesday, Oil India Limited (OIL) general manager Diganta Kumar Borah said, "This is a moment of great pride and inspiration for all of us.

Crude palm oil (CPO) is currently being offered at about USD 1,050 a ton, including cost, insurance and freight (CIF), in India for May delivery, compared to around USD 1,100 for crude soyoil ...

Cooling crude oil prices are expected to ease India's fertilizer subsidy burden and import bills, in a spot of relief for the economy navigating a raging tariff war. Cheaper oil also promises to ...

An accord was reached to establish two oil refineries in India through a joint venture between the countries, India’s Ambassador to Saudi Arabia Suhel Ajaz Khan said in a briefing, without ...

India has agreed to work with Saudi Arabia to enhance the stability of global oil markets and to balance global energy market dynamics, according to a joint statement issued on Wednesday (April 23 ...

New Delhi: India and Saudi Arabia have agreed to collaborate on establishing two oil refineries in India. The decision was taken during prime minister Narendra Modi's recent visit to Saudi Arabia.