India's oil demand to peak later than in other major economies: S&P Global Commodity Insights

Feb 08, 2025

India's refined crude demand will peak later than in other major economies, placing the country in the spotlight driving this demand, according to S&P...

Edible oil industry seeks higher duty difference between crude, refined palm oil

Nov 25, 2022

India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its need through imports.

Declining shipments of petroleum products hurting India's overall export figures

Sep 17, 2024

A substantial decline in the prices of crude oil and similarly petroleum products is one of the key reasons behind the moderating exports globally,...

India is now Europe's largest supplier of refined fuels

Apr 30, 2023

Europe's reliance on Indian crude oil products has grown since the ban on Russian oil. Europe's refined fuel imports from India are set to...

For sunflower oil refiners, volume to dip by 8-10 pc but operating margin likely to recover in FY25

May 05, 2024

Indian refined sunflower oil volumes are projected to witness a decline of 8-10 per cent in FY25 amid decline in demand of sunflower oil.

Global crude oil demand continues to decelerate: IEA

Sep 15, 2022

New Delhi [India], September 15 : Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing...