India's oil demand outlook darkening as economy limps along: Fitch Solutions

Sep 21, 2020

Singapore, September 21 : Fitch Solutions has made a further downward revision to India refined fuels demand forecast for 2020 from minus 9.4 per...

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.

India eyes economic gains as China's stimulus fuels surge in global mining demand

Dec 16, 2023

As projected by Fitch Ratings, the neutral sector outlook is buoyed by significant government spending programs in India, Europe, and the United States, primarily...

OPEC cuts oil demand forecast for 2024 due to weak intake from China

Aug 12, 2024

The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China.

India cuts import duty on refined soy, sunflower oils

Jun 15, 2023

India has reduced customs duty on imports of refined soyabean oil and refined sunflower oil to 12.5 per cent from 17.5 per cent, according...