Industry body urges Centre to allow futures trading in crude palm, soybean oil

Nov 25, 2024

Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and...

Pakistan: Hundreds of Kohat villagers block gas, crude oil supply amid unkept promises

May 23, 2022

Kohat [Pakistan], May 23 : After Pakistan's natural-gas distribution company backed out of an agreement to supply gas to Kohat villagers, hundreds of people...

Oil prices jump amid growing supply concerns

Mar 22, 2022

New York [US], March 22 (ANI/Xinhua): Oil prices jumped on Monday as reports that the European Union (EU) is considering a ban on Russian...

Asian crude buyers unlikely to face supply squeeze as OPEC+ navigates supply roadmap: S&P GCI

Mar 11, 2024

The recent decisions by OPEC+ and Russia to extend production cuts have provided a semblance of clarity in the near-term supply trajectory for global...

Centre reduces standard rate of duty on edible oils

Sep 11, 2021

New Delhi [India], September 12 : The Centre on Saturday reduced the standard rate of duty on crude palm oil, crude soyabean oil to...

Crude oil price soars to $113 a barrel as Russia-Ukraine conflict worsens

Mar 02, 2022

New Delhi [India], March 2 : Brent crude oil price soared to $113 a barrel on Wednesday, the highest level in nearly eight years,...